$1,700,000

About This Property

Development Opportunity - Approved 5-Home Project Rare opportunity for builders, developers, and investors! This offering includes four approved building lots plus an existing single-family residence, creating the potential for a total of five homes. The owners have obtained subdivision approval from the town, and the approved site plan is available in the attached documents, allowing a builder to move forward with development. Included in the sale is an existing income-producing single-family home, currently leased through April 30, 2028, providing immediate rental revenue while development plans are executed. An exceptional investment opportunity with approvals in place, development potential, and built-in cash flow from the existing residence. Existing Home is a 10 Room, 4 Bedroom, 2.5 Bath Colonial with Lots of Room For Everyone! Main Level Features a Welcoming Foyer with Formal Dining Room, Living Room with a Woodburning Fireplace, First Floor Family Room with Entry Door to Outside (Perfect if You Have a Home Business), Library, Half Bath, Eat In Kitchen with an Adorable Breakfast Nook, First Floor Laundry and a Two Car Attached Garage with Entry Into Your Laundry Room. Second Floor Features Four Bedrooms with Two Full Bathrooms and a Walk Up Attic. Oil Hot Water Heat, Private Well and Septic. Features a Rolling Front Lawn with a Circular Driveway.