Yes, I think that other suggestion is probably correct. It was a long time ago so my memory is not perfect, but that looks very much as though it's the place. As I said, precise locations in that area are a bit jumbled, so google maps may not be correct in saying where everything is to the nearest half-mile. But that row of cottages looks about right.
Anyway, I promised you an odd tale concerning that standing-stone, so here it is. Incidentally, you can find that location very easily indeed because it's clearly visible from the main road if you look to your left just before you you drive into Lauder (or your right if you're going North). The whole place is sheep country, and for commercial reasons, nearly all of those sheep are female. If you ramble around the countryside, you very seldom see a ram. So one day in the Spring c. 1989 (same time-frame as previous tale), I was walking up that hill, just because it's a nice gentle hill to walk up, and you get a good view. As I approached the top, I heard a peculiar noise. It sounded like somebody banging in fence-posts with a sledge-hammer, but it was curiously irregular. I assumed that a farmer was doing that very thing, but irregularly because he was tired. What it in fact turned out to be was every ram for many miles around - dozens of them. They had all toiled up that hill and formed a circle around that incredibly phallic stone to do their head-butting thing! The only ewes present were the usual number I'd expect to see there randomly, and they looked distinctly unimpressed.
It was an amazing sight which I didn't appreciate for long because the rams were so into it that I was afraid they'd have a go at me just because I was there. And in those days, we didn't all have phones that took pictures, so I can't prove it - I was hoping that somebody else might have witnessed this same implausible sight at that location. But it really did happen, and possibly it happens every Spring, though I'm afraid I can't give you a precise date. The fact that the standing stone is not particularly old just adds to the mystery - it seems that sheep, despite being famously stupid, are going with pure Freudian symbolism! There's another even more peculiar tale told about that immediate area, but I cannot personally vouch for it. But the ram thing around the monolith? I saw it. I don't live there any more, but if somebody does, they could very likely get video of this round about March. Honestly, male sheep climb up that particular hill with a phallic symbol on top to do something incredibly macho! I'm not making this up! I would be absolutely delighted if somebody who lives in the area could prove it!
This is of course not strictly supernatural, but it does strike me as distinctly Fortean. Maybe there is some biological reason why rams climb a hill every year, and the monolith is coincidental. Or maybe they coincidentally climbed that hill that one particular year because they're too stupid not to. But I think there's a very good chance I've just given you a location where something seriously odd occurs every year! I ask nothing apart from a name-check if anybody actually films this. Plus official confirmation that the Scottish Borders are downright odd.