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Welcome to the world of opportunity. This rare 10-acre parcel offers privacy, flexibility, and future potential. Fully fenced, high and dry, and featuring partially cleared trails throughout, this property is ready for your imagination whether you're envisioning a private estate, multi-generational compound, agricultural use, or future development opportunity.
Located in the E-R Estate-Residential District, the property allows for single-family detached dwellings with a minimum of one acre per home and a maximum density of one dwelling per acre creating the potential for up to 10 homes under current zoning. Rezoning or a master planned development approach may allow for increased density, potentially up to 22 total units, subject to county approval. In addition to residential use, the zoning district also permits public schools offering additional flexibility for institutional or educational development opportunities.
The E-R zoning district is intended as a transitional area between agricultural and suburban development, supporting estate-style living, limited agricultural activities, and livestock in accordance with county guidelines making this ideal for buyers seeking space, privacy, and versatility.
Nestled on a quiet dead-end street near Fivay High School, this property offers both seclusion and convenience in an area experiencing continued growth and expansion. Public water is available nearby and would require approximately 1, 000 feet for connection.
Whether you're a builder, investor, educational institution, or end user looking to create something special, this property offers strong potential in a rapidly growing corridor.
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Our Executive Mortgage Banker:
Our Insurance Division:
$750,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $600,000 | $600,000 | $600,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.431% | 5.648% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,549 | $3,694 | $4,863 |
| Total Monthly Payment | $3,641 | $3,786 | $4,955 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.