$1,500,000 pending
8529 kenton road , wesley chapel, FL 33545
Beds 5 | Baths 4 | 2,788 Sqft | 9.94 Acres |
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Property Description
Under contract-accepting backup offers. Welcome to a developer's paradise, where the canvas of opportunity unfolds on a sprawling 10-acre plot in the heart of the flourishing Connected City of Wesley Chapel. This prime real estate isn't just land; it's a golden ticket to unlock the potential of townhouse/mixed use project excellence. Strategically positioned near Epperson Ranch, Mirada, and Watergrass, this gem is a strategic cornerstone for visionary developers. The imminent development of King Lake across the street, featuring a fusion of 525 homes and over 100,000 sq.ft. of offices, sets the stage for a lucrative venture. Your project here isn't just a development; it's a strategic investment in the heartbeat of progress. Connectivity is key, and this location boasts easy access to the Interstate 75 ramp at Overpass Road, laying the groundwork for a seamless lifestyle for future townhouse residents. The nearby county recreation center adds a touch of recreational charm, enhancing the overall appeal of your future project. The versatile pole barn on the property is a blank canvas, ready to be reimagined as a communal space, storage facility, or any other amenity that adds value to your townhouse project. With the freedom to sculpt this space to your specifications, the potential is boundless. The standout feature lies in the incredible potential for rezoning for a townhome/mixed use project. This isn't just a parcel of land; it's a strategic move that aligns with the vision of forward-thinking developers. The investment potential is unparalleled, making this opportunity a cornerstone for success in the townhouse development arena. Approximately half of the property is not in a flood zone, providing a secure foundation for your project. The imminent widening and paving of the road down to Elam Road by the developer of King Lake and Pasco County adding new water lines, waste water and reclaimed water, enhances accessibility, a crucial factor in the success of any townhouse project. In conclusion, this isn't just a property; it's a canvas awaiting the masterful strokes of a townhouse developer. The Connected City deploys innovation in every aspect of the community through technology like ULTRAFi gigabit internet and beckons to add this opportunity to shape its future. Welcome to a realm where every detail is a brushstroke in the masterpiece of your next successful townhouse project. The stage is set – the spotlight is on you! 50 acres (5 ten acre parcels) available for a larger townhome/mixed use development.
General Information
Sale Price: $1,500,000
Price/SqFt: $538
Status: Pending
MLS#: T3502379
City: wesley chapel
Post Office: wesley chapel
Schools: wesley chapel high-po
County: Pasco
Subdivision: connected city area
Acres: 9.94
Lot Dimensions: 581 x 763
Bedrooms:5
Bathrooms:4 (3 full, 1 half)
House Size: 2,788 sq.ft.
Acreage: 9.94 est.
Year Built: 2005
Property Type: Single Family Residence
Style: Cape Cod
Features & Room Sizes
Paved Road: Dirt, Gravel
Garage: No
Construction: Vinyl Siding
Exterior Misc: Rain Gutters, Sliding Doors
Basement: No
Basement Description: Crawl Space
Foundation : Block, Concrete Perimeter, Crawlspace
Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Cooling: Central Air
Heating: Central, Electric
Waste: Septic Tank
Watersource: Well
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $4,456
Legal Description: COM NW COR OF E1/2 OF SEC 28 TH N89DEG 56'40"E 550.12 FT TH S00DEG 04'01"E 2027.05 FT TH N77DEG 27'42"E 1024.72 FT TH S00DEG 04'01"E 621.74 FT FOR A POB TH N77DEG 27'42"E 813.67 FT TH S00DEG 04'01"E 581.39 FT TH S77DEG 27'42"W 813.67 FT TH N00DEG 04' 01"W 581.39 FT TO POB;SUBJECT TO EASEMENT E 50 FT THEREOF;WITH AN EASEMENT OVER AND ACROSS W 50 FT OF E 350 FT OF N R/W LINE OF ELAM RD LESS THAT POR AS DESC IN OR 10658 PG 3719
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Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2024
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Mark Cravens of FIRST QUALITY PROPERTIES, Phone: 813-948-2067