It is a nice looking lathe, And according to the listing he has done a lot of work on it. But I do not know his skill level, and I am skeptical that the lathe could be in the condition that he claimed. He may be an expert in the restoration field. There's only a few on this board that I would trust with that kind of Restoration claims.
Also I did not see a steady rest are follow rest included in that description, nor did I see a taper attachment. If these items were included I might consider it to be a fair price. But you never know, I don't live in that area, And I do not know how hard it is to get a lathe there. But I still think it is too high.
Stay safe and have fun.
Joe.