New Hope-100 Acres Rd - New Home Land
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New Hope-100 Acres Rd - New Home Land
100 Acres of Residential Land Offered at $13,360,800 CAD in New Hope, PA 18938
Executive Summary
A prime development opportunity in the prestigious town of New Hope, Solebury township. This offering includes 107 acres of land, divided into four parcels.
The current zoning, RB (residential/agricultural),requires one house per three acres. A preliminary civil engineering review suggests the potential for subdivision into up to 27 individual lots, offering a unique development opportunity in this sought after location.
New Hope Land is largely under deed restrictions for development, making non-preserved vacant lots a rarity so presented opportunity is truly unique. Considering recent sales, the estimated retail price for end houses range between $2.3M and $2.7M and with increased popularity due to celebrity residency, this area becoming a preferred destination for high-end residential property buyers.
***Please note the sale does not include land development. Buyers will require to complete their own due diligence and subdivision process.
***Address and other details will be provided to serious inquiries only, with signed NDA.
The current zoning, RB (residential/agricultural),requires one house per three acres. A preliminary civil engineering review suggests the potential for subdivision into up to 27 individual lots, offering a unique development opportunity in this sought after location.
New Hope Land is largely under deed restrictions for development, making non-preserved vacant lots a rarity so presented opportunity is truly unique. Considering recent sales, the estimated retail price for end houses range between $2.3M and $2.7M and with increased popularity due to celebrity residency, this area becoming a preferred destination for high-end residential property buyers.
***Please note the sale does not include land development. Buyers will require to complete their own due diligence and subdivision process.
***Address and other details will be provided to serious inquiries only, with signed NDA.
Property Facts
Price | $13,360,800 CAD | Property Type | Land |
Sale Type | Investment | Property Subtype | Residential |
No. Lots | 1 | Total Lot Size | 100.00 AC |
Price | $13,360,800 CAD |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Residential |
Total Lot Size | 100.00 AC |
1 Lot Available
Lot
Price | $13,360,800 CAD | Lot Size | 100.00 AC |
Price Per AC | $133,608 CAD |
Price | $13,360,800 CAD |
Price Per AC | $133,608 CAD |
Lot Size | 100.00 AC |
1 of 1
zoning
Zoning Code | RB (residential/agricultural) |
RB (residential/agricultural) |
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New Hope-100 Acres Rd - New Home Land
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