Waterfront
Address
East ROAD, SPRING HILL, FL
Price
$ 3,900,000
Property Attributes
  • MLS#U8247548
  • TypeLand
  • CountyPASCO
  • CitySPRING HILL
  • AreaSpring Hl-Brooksville-Shady Hls-WeekiWachee
  • Zip34610
  • Style
  • Taxes$ 3755
  • Price$ 3,900,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size96 Acres
Data Source:
Stellar MLS
Property Description

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!

Price History
6/21/2024 Listed $3,900,000

General Features

Sewer Septic Needed,Septic Tank
Utilities Cable Connected,Water Available
Zoning AC
Tax Year 2023
Current Use Residential
Percent Ownership Fee Simple
Waterfront Features Pond
Additional Parcels Description 15-24-17-0000-00200-0011,15-24-17-0000-00200-0020,15-24-17-0000-00200-0030,15-24-17-0000-00100-0000
County Pasco
Property Type Land
HOA / Comm Assn No
Other Structures Barn(s),Other,Workshop
Status Active
Directions From denton road east,Take a right on east road,The property will be on your right hand side.
ModificationTimestamp 2024-06-22T02:01:37.283Z
City SPRING HILL
Buyer Agent Compensation 2%
View Y/N No
MLS Area 34610 - Spring Hl/Brooksville/Shady Hls/WeekiWachee
Lot Size Units Acres
Lot Size Square Feet 4000000
Waterfront Y/N Yes
Tax Annual Amount 3755
Additional Parcels Y/N Yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/U8247548
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Legal Description THE N1/2 OF SW1/4 OF NW1/4 OF SEC 15 RB 949 PG 441
Water View Pond
Water Access Type Pond
Water Access Y/N Yes
Water View Y/N Yes
Flood Zone Code X

Exterior Features

Water Source Well,Well Required
Lot Size Area 91.8274
Lot Dimensions 5000 x 5000
Lot Size Acres 96
Road Surface Type Paved
Road Frontage Type County Road
Number of Lots 5

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 34610

Price
AVG $880K
$3.9M
Taxes
AVG $1,565
$3,755
Visits
AVG 410
6
Data Provided by Inside Real Estate®

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