1161/1165 Graves Harbor Trl, Huddleston, VA 24104

$6,950,000

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List Price
$6,950,000
Days on Market
80
Status
ACTIVE
MLS#
927376
Lot Size (Acres)
10.23

Property Description

Two parcels for a total of 10+ acres with a combined shoreline of 885 Feet. Planned Residential Development (PRD) allows for both commercial and residential uses. Preliminary Approval for a density of 100 Townhomes (25 Lakefront). Seller willing to participate in a structured sale or deal via reduced basis and retained equity or JV with land basis contribution. One of the last few large parcels available for high density development left on the lake/ Public Water & Sewer Available. Exceptional views, NO POA, existing buildings & infrastructure including a 2 car garage, 5000 sq ft Pavilion with Commercial Bathrooms which can be converted to event center, office space, etc. & flat paved parking lot (290 Spaces) with curb/gutter/stormwater management. Short Term Rentals Allowed

Additional Information

Area
0690 - SML Bedford County
Subdivision
N/A
Taxes
$5,641
Water
Public
Elementary School
Huddleston
Middle School
Staunton River
High School
Staunton River
Remarks
Two parcels for a total of 10+ acres with a combined shoreline of 885 Feet. Planned Residential Development (PRD) allows for both commercial and residential uses. Preliminary Approval for a density of 100 Townhomes (25 Lakefront). Seller willing to participate in a structured sale or deal via reduced basis and retained equity or JV with land basis contribution. One of the last few large parcels available for high density development left on the lake/ Public Water & Sewer Available. Exceptional views, NO POA, existing buildings & infrastructure including a 2 car garage, 5000 sq ft Pavilion with Commercial Bathrooms which can be converted to event center, office space, etc. & flat paved parking lot (290 Spaces) with curb/gutter/stormwater management. Short Term Rentals Allowed

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Listing courtesy of Re/Max Lakefront Realty Inc.