Description

Presales! Scenic acreage located near the Preston Veterans Home. Rolling topography, lot sizes ranging from one-third to over one-half acre. The owner is in the process of creating 16 lots, 8 of which are along the Preston Golf Course, and 8 w/wooded rear yards. Buildable lots will be created using a portion of the 27 acres parcel, subdivision subject to govt. approval. Opportunity for builders, a developer, a land exchange, or private buyers to purchase one or all of the lots. Other property features: paved street, protective covenants, city new construction housing incentives. Once 6 or more lots are sold, the land owner will contract city infrastructure. The city feasibility study suggests an approx. additional $28,000/lot for infrastructure. Payment for infrastructure not due until closing. Land costs: Most lots are either $19,950, or $29,950, see agent's docs for the preliminary certificate of survey and lot pricing. $5,000 down payment per lot. Contact agents with questions.

MLS ID: 5736079

Directions: Hwy 52, South to Preston, at the intersection of Hwy 16, take 16 to the west 500 feet to Golfview Drive