$3,900,000
EAST RD Spring Hill, FL 34610
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$3,900,000
Est. payment /mo
96 Acres Lot
UPDATED:
08/23/2024 07:03 PM
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Pending
Purchase Type For Sale
MLS Listing ID U8247548
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Annual Tax Amount $3,755
Lot Size 96.000 Acres
Acres 96.0
Lot Dimensions 5000x5000
Property Description
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!
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!
Location
State FL
County Pasco
Zoning AC
Exterior
Utilities Available Cable Connected, Water Available
Waterfront Description Pond
View Y/N Yes
Water Access Yes
Water Access Desc Pond
Building
Lot Size Range 50 to less than 100
Sewer Septic Needed, Septic Tank
Water Well, Well Required
Construction Status Inspections
Others
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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