This prime half-acre development site offers a unique opportunity for builders and investors, featuring an existing two-bedroom, one-bath cottage set within a private gated environment. The property boasts a flat, lush yard, ideal for constructing a modern large colonial residence, with the beginning stage of preliminary planning already underway. With a remarkably low annual tax rate of just $2, 200 per year, this estate presents an exceptional investment potential, available for the first time in 80 years. The expansive grounds allow for the addition of luxurious amenities, such as a pool or tennis court, while maintaining full mortgageability. The listed price reflects the land with the current cottage, excluding the costs associated with full build-out. Bring your licensed contractors and design a space that reflects your unique style and needs. Don’t miss out on this chance to build in this desirable location.
Bedroom: 5 Dining Room: 1 Family Room: 1 Full Bath: 5 Half Bath: 1
ConstructionMaterials: Mailbox Lot Sq Ft: 21780 Garage: Yes Parking Spaces: Yes Parking Facilities: Attached, Driveway, Garage, Private
Heat: Oil, Electric, ENERGY STAR Qualified Equipment, Forced Air, Heat Pump, Hot Water, Hydro Air A/C: Central Air, ENERGY STAR Qualified Equipment, Air Purification System Water: Public Sewer: Cesspool
Taxes: $2,200
School District: Vanderbilt Elementary School Block: 0003 Lot: 27
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