1 EAST ROAD, SPRING HILL FL 34610

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Pending

$3,900,000

1 EAST ROAD, SPRING HILL, FL 34610

bedrooms

bathrooms

square feet

9,000

Acreage

96.27

Open Houses

year built

1982

Full Baths

Half Baths

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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!

Location
Subdivision	-
County	Pasco
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: U8247556

Listing agent: Steven Santucci, Llc #3472918

Listing broker: Coastal Properties Group International, Llc (727) 493-1555

Copyright © 2024 Pinellas Suncoast Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Sunday, December 15 2024 at 9:02 p.m. EST

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