

Here is a very rare parcel of land with magnificent views offering 5.44 acres which are subdividable into 12 parcels. The owner has spent years developing the plan to subdivide the property and the application has already been submitted for approval from the DWV. The plans submitted call for Lots ranging from 10,500 sq ft to the largest at 45,000 sq ft. The size of homes that can be built range from 3400 sq ft on the smallest parcel all the way to 11344 sq ft estate home on the largest. Subdivision approval is pending & is expected to be approved late summer. Now is the opportunity for this acquisition and to continue w/ the plans of luxurious homes w/ a sizeable and healthy return calculating on today' market, not future valuues.
Listing provided by Century 21 In Town Realty
Updated Wednesday, February 22, 2012
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