$4,250,000
Real estate development opportunity. This stunning 3.42 acre site offers a complete package for multi family development with conceptual drawings/plans available and zoning in place. This site can achieve significant density with a maximum of 111 units based on 1000 sqft per unit. Additional examples are - 74 units @ 1500 sqft per unit or 55 units @ 2000 sqft per unit. Majority of the roads and infrastructure are in place providing a streamlined development process. All services are available. Whether you enjoy exploring the nearly trail systems for walking, hiking, biking or taking advantage of the nearly waterfront and beaches golf courses or wineries. The Trails Development offers the perfect setting and lifestyle. Other design can be submitted with The Trails approval (PLEASE NOTE: “higher density is achievable for this site”) Capital costs invested to date include infrastructure to access both properties to the lot line, material removal , civil work including storm, water, sewer & shallow utilities to the lot line, design costs, development permit costs, Park development and fencing, roundabout traffic circle and improvements to Glenrosa Road are off site costs that have also been completed. The work accomplished to date accelerates your development process. This Master Planned Community will consist of 109 single family home sites and 2 Multi family sites. DP is in Place. (id:50889)
Property Details
MLS® Number
10302200
Neigbourhood
Glenrosa
AmenitiesNearBy
Public Transit, Park, Recreation, Schools, Shopping
CommunityFeatures
Pets Allowed
RoadType
Paved Road
ViewType
Lake View, Mountain View, View (panoramic)
Building
Type
Other
UtilityWater
Municipal Water
Land
Acreage
Yes
CurrentUse
Development Residential
LandAmenities
Public Transit, Park, Recreation, Schools, Shopping
Sewer
Municipal Sewage System
SizeIrregular
3.42
SizeTotal
3.42 Ac|1 - 5 Acres
SizeTotalText
3.42 Ac|1 - 5 Acres
ZoningType
Residential
Utilities
Cable
Available
Electricity
Available
Natural Gas
Available
Telephone
Available
Sewer
Available
Water
Available