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