Prime Residential Development Opportunity

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30640416
Property Subtypes: Residential (Single Family), Other
Status: Pending
Gross Land Area: 35 Acres
Sale Price: $3,999,000
Unit Price: $114,257 Per Acre
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 10/20/2020

Overview / Comments

35 acre parcel zoned Restricted Residential. There has been work done for the entitlements for a new residential subdivision. There is preliminary approval of up to 220 sewer hookups. 8" water line is available to be extended to the property. There are no road improvements needed on Lancaster. Natural gas and electric is available. This parcel is located on Lancaster Road in a very rural setting near Hayden Lake. Quick access to Highway 95. Amazing recreational opportunities.

Additional Details

Nearest MSA: Coeur d'Alene
County: Kootenai
Tax ID/APN: Portion of 51N03W-04-6700
Zoning: RESTRICTED RESIDENTIAL
Property Visibility: Excellent
Topography: Gently Sloping
Available Utilities: Electric, Gas
Water Service: None
Sewer Type: None

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,214 27,320
Median Age: 50.91 43.59
Households: 1,657 10,717

Contact

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