Description

Presales! Scenic acreage located near the Preston Golf Course and Veterans Home. Rolling topography, lot sizes ranging from one-third to over one-half acre. The owner is in the process of creating 8 lots to the east w/wooded rear yards subject to govt. approval. Opportunity for builders, a developer, a land exchange, or private buyers to purchase one or all of the lots. West parcel can be divided into 8-10 lots, west parcel for sale for $185,500. 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's feasibility study suggests approx. additional $28,000/lot for infrastructure. Payment for infrastructure not due until closing. Land costs: See agent's docs for the preliminary certificate of survey and lot pricing. $5,000 down payment per lot. Contact agent 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