1 EAST ROADSPRING HILL, FL 34610
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
Under contract-accepting backup offers. This prime development opportunity spans approximately 96 acres, priced at $3.9 million. It boasts future land use approved for one dwelling per acre and has already received county pre-approval for 85-90 homes. At 85 homes, each lot would cost around $45,882. The property is situated in a prime residential area surrounded by developed neighborhoods and ongoing residential projects, making it an attractive investment. One parcel fronts East Road, making it ideal for residential development. Additionally, the property features income-producing assets, including a parcel with three cottages, a spacious 5,000 +/- sqft single-family home, and a large 2,000 sqft barn. Another parcel includes not one but two 2,000 +/- sqft homes and a versatile 40x40 two story garage with three bay doors. Enhancing the property's appeal are two spring-fed lakes, adding scenic value and potential recreational opportunities for future residents. This expansive property offers a unique blend of pre- approved residential potential and existing income-producing structures. Situated in a thriving area with ongoing developments, it provides an exceptional opportunity to meet market demand for new homes. Imagine creating a vibrant new community where future residents can enjoy the tranquility of spring-fed lakes and the convenience of nearby amenities. This rare chance to develop 96 acres in a burgeoning area promises substantial returns. Act now to secure a premier development site and shape the future of this sought-after neighborhood. Contact today for more details and to schedule a viewing of this exceptional property!
| 3 months ago | Listing updated with changes from the MLS® | |
| 3 months ago | Status changed to Pending | |
| 5 months ago | Listing first seen on site |
Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2024, Stellar MLS.
Data last updated at: 2024-10-29 08:00 PM EDT
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.