$75,000
8.8
Acres
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Property Description
A unique opportunity to invest in an 8.8-acre undeveloped lot in the heart of 'horse country.' The lot abuts over 500 acres of the Sagamore Hill Conservation Area. Currently, due to deed restrictions, this property cannot be subdivided. It can be used only for agricultural, equestrian, and recreational purposes. No residential dwelling structure shall be erected before 2042. Great opportunity to 'landbank' while pursuing currently allowed endeavors in a great locale. All information provided is deemed reliable but is not guaranteed and should be independently verified. Buyers are advised to conduct their due diligence regarding the property's condition, including but not limited to the verification of all property information, zoning, and use restrictions." Do not enter the property unaccompanied by the listing agent
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Highlights
- Acres: 8
- Property Type: Agriculture
- Property Class: Land
- Status: Closed
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Additional Details
- Lot Features: Easements, Wetlands, Wooded, Irregular Lot
- Zoning: Rra
- Road Frontage Type: Public, City Street
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Amenities
- Community Features: Park, Walk/Jog Trails, Stable(s), Golf, Bike Path, Conservation Area, Private School, Public School, T-Station, University
- Waterfront Features: Beach Front, Stream, Ocean, Beach Ownership(Public)
- Parking Features: Shared Driveway
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Utilities
- Electric: At Street, Nearby
- Water Source: Other
- Sewer: Other
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Fees / Taxes
- Assessed Value: $500,792
- Compensation Based On: Gross/Full Sale Price
- Tax Year: 2024
- Buyer Agent Compensation: 2%%
- Facilitator Compensation: 2%%
- Taxes: $1,422
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Listing information provided courtesy of Advisors Living - Gloucester.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.