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Listed by James Harrington • City Properties 2 LLC
$ 1,300,000
Est. payment /mo
Active
0 Izaak Walton Rd Amherst, VA 24521
80.2 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Abbott Estates
MLS Listing ID 367139
Annual Tax Amount $150
Lot Size 80.200 Acres
Property Sub-Type Unimproved Land
Property Description
Rare opportunity to acquire an 80 plus acre, fully approved subdivision with 17 build ready lots. New Construction homes within 1mi on these size lots sell for $400,000 to $480,000. With 17 lots this creates a potential retail sellout value of $7,500,000. The Lots range from approximately 2 to 4 acres and feature completed road frontage for each, providing immediate development potential. County water and sewer are available to a portion of the subdivision, with remaining lots for well and septic. The property offers gently rolling to mostly level topography, making site development efficient and cost-effective. Utilities, including power, are available. A natural spring and pond enhance the property's appeal and marketability. Save years of engineering, entitlement, and approval work with a project that is ready for builders and developers to begin construction. Ideal for custom homes, spec homes, or a phased development strategy in a growing market with strong demand for larger lot.
Location
State VA
County Amherst
Exterior
Utilities Available Cntrl Water Availabl, ElectricityAvailable, Overhead Electric, Sewer System Avail, Utility Easement
Schools
Elementary Schools Central Elem
Middle Schools Amherst Midl
High Schools Amherst High
School District Amherst
Others
Miscellaneous Livestock Allowed,Water Access
Virtual Tour https://youtu.be/V0phuZK4sbA