Pending/ConditionalSPOTTS PRIME DEVELOPMENT OPPORTUNITY
SPOTTS PRIME DEVELOPMENT OPPORTUNITY
SPOTTS PRIME DEVELOPMENT OPPORTUNITY
SPOTTS PRIME DEVELOPMENT OPPORTUNITY
CI$ 4,750,000 MLS #418327
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About the Property

This property offers exceptional development potential, perfectly suited for a large-scale residential project. With a natural lake/pond on site, you have the added benefit of easily sourcing fill for the entire property. The un-improved easement off the East/West Bypass provides direct road access, enhancing the convenience of future development. Zoned for low-density residential use, the property is ideal for creating approximately 120 house lots, each with significant retail value. Alternatively, it could be developed into a middle-income housing community, offering tremendous investment potential in a growing area.

Property Details

Basic Info

  • Width
    525
  • Depth
    4100
  • Acres
    48.00

Location & Neighbourhood

Spotts
Location
  • Spotts

    Spotts is a peaceful coastal area celebrated for its beautiful beach and opportunities to encounter marine life. Known for its occasional turtle sightings, Spotts Beach invites visitors and locals alike to enjoy its calm waters and picturesque views.
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Estimate Your Monthly Mortgage Payment With Ease And Precision

Your Monthly Mortgage Payment

Mortgage amount $7,040,000
Deposit $1,760,000
$51,657

Estimate monthly payment

$880,000

Estimate Closing Costs

*This is a general estimate based on a fixed interest rate and does not account for mortgage insurance or other potential costs. For precise figures, we recommend speaking directly with your mortgage provider.

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