About This Property
~ MOTIVATED SELLER!! ~ Can't find exactly what you're looking for? THEN BUILD IT!! Shovel-ready lot with approved plans for a ±9,000 SF luxury estate in Pinecrest. Average area pricing is approximately $1,100 - $1,400 per SFT. Expansive almost 1 acre, 38,768 SFT, lot with city water available. Approved plans feature 7 bedrooms, maid’s quarters, study, gym, two laundry rooms, 8 full bathrooms, and 2 half bathrooms, with approximately 9,000 SF under air. Plans & Survey INCLUDED in price. Contact listing agent for plans and the most accurate information. Opportunity to acquire the lot and develop a custom Mega-Mansion to EXACTLY satisfy all your desires! With an estimated total project cost of approximately $7M and resale potential of $10M (conservative) - $13M (aggressive), either live in it or sell for a nice profit! Owner wanted to build but found another perfect home so now this sensational opportunity can be yours! Owner is losing money so that you can get a great deal. Priced to sell, check comparables in this neighborhood. Please ask us about the 3-2-1 approved lender buydown. Meaning you get an interest rate as low as 3% with a monthly payment probably lower that what you're paying in rent!! Unpack & enjoy...
