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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.

Property Facts

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
Price Per AC $133,608 CAD
Lot Size 100.00 AC

zoning

Zoning Code RB (residential/agricultural)
RB (residential/agricultural)
  • Listing ID: 33690964

  • Date on Market: 2024-10-30

  • Last Updated:

  • Address: New Hope-100 Acres Rd, New Hope, PA 18938

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