8529 KENTON RD Pending

Wesley Chapel,FL 33545

$ 1500000

5 Beds

4 Baths

2788 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 2,788 sqft

Price per Sqft $538

Subdivision Connected City Area

MLS Listing ID T3502379

Bedrooms 5

Full Baths 3

Half Baths 1

Year Built 2005

Annual Tax Amount $4,456

Lot Size 9.940 Acres

Property Description

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.

Location

State FL

County Pasco

Community Connected City Area

Zoning AC

Rooms

Other Rooms Inside Utility,Loft

Interior

Heating Central,Electric

Cooling Central Air

Flooring Ceramic Tile,Wood

Laundry Inside

Exterior

Exterior Feature Rain Gutters,Sliding Doors

Garage Driveway

Fence Board,Chain Link,Fenced

Utilities Available Cable Available,Electricity Connected,Fiber Optics,Propane

Waterfront false

View Trees/Woods

Roof Type Shingle

Building

Lot Description Conservation Area,In County

Story 2

Foundation Block,Concrete Perimeter,Crawlspace

Sewer Septic Tank

Water Well

Structure Type Vinyl Siding

New Construction false

Schools

Elementary Schools Wesley Chapel Elementary-Po

Middle Schools Thomas E Weightman Middle-Po

High Schools Wesley Chapel High-Po

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition None

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