Pending

8529 KENTON RD

WESLEY CHAPEL FL, 33545

$1,500,000


$538.02 per sqft

Pending

5 Beds

4 Baths

2,788 sqft

Residential

Built in 2005

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.

T3502379

MLS ID

February 6, 2024

Listed

November 22, 2024

Updated

Map

8529 KENTON RD
WESLEY CHAPEL FL, 33545

Interior Features

Total Stories

2


Bedrooms

5


Total Bathrooms

4


Full Bathrooms

3


Half Bathrooms

1


Interior Features

Ceiling Fans(s), Crown Molding, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Walk-In Closet(s)


Appliances

Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer


Laundry Description

Inside


Floor Description

Ceramic Tile, Wood


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central, Electric

Exterior/Building Features

Lot Size

9.94 Acres


Exterior Features

Rain Gutters, Sliding Doors


Lot Features

Conservation Area, In County


Architectual Style

Cape Cod


Roof

Shingle


Sewer

Septic Tank

School Information

High School

Wesley Chapel High-PO


Elementary School

Wesley Chapel Elementary-PO

Other Property Details

Area Name

33545 - Wesley Chapel


Taxes

$4,456


Tax Frequency

Annually


Days on Market

162


Association Fee Frequency

Monthly


Garage

No


Parking

Driveway


View

Yes


View Description

Trees/Woods


County

Pasco


Municipality

25S


Water Source

Well


Pool

No


Zoning

AC

Listing History

Date

Event

Price

7/18/2024

Pending

Listed by FIRST QUALITY PROPERTIES
Listing Contact: 813-948-2067 

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Data last updated 11/22/2024, 6:55 AM UTC

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