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Listed price in listed location currency (USD).
$1,500,000

540

MLS® T3502379

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size 2788 sqft
Garage No
Taxes $4,456
Days Active 747
Lot Size 9.94 acres
Approx. Age 2005
Avg. Price Per Sqft $538
MLS® Number T3502379

Property Address: 8529 Kenton Rd, WESLEY CHAPEL, FL, 33545-2202

Average square foot calculated using Size range provided by listing agent.

Description

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. The stage is set – the spotlight is on you! Potentially we can assemble 65 acres for a larger SFR/townhome/mixed use development. 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. Less than a mile from the new, 56-bed Johns Hopkins All Children's hospital that broke ground and is expected to open in 2027. The home is going to be demolished for a cell phone tower near the entrance, across from the planned intersection on Kenton Road. 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 SFR/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 4.23 acres are uplands, providing a secure foundation for your project. The imminent widening and paving of the road down to Elam Road by other area developers with 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! 65 acres are potentially available for a larger townhome/mixed use development. Survey and wetland engineer map available for the parcels. Buyers/Buyers agents are not to rely upon any usable or density estimates from listing agent or seller-utilize your own land consultant and/or engineer.
MLS® NumberT3502379
Laundry LevelInside
Central VacNo
FireplaceNo
Acreage9.94
Exterior
GarageNo
Approx. Age2005
BasementCrawl Space
DrivewayDriveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Other:First Floor9 × 9.7 ft
Dining Room:First Floor10 × 11 ft
Other:First Floor13 × 13 ft
Bedroom 2:First Floor10 × 13 ft
Kitchen:First Floor9.7 × 13 ft
Other:First Floor9.8 × 10 ft
Bedroom 4:Second Floor10 × 13 ft
Bedroom 3:First Floor10 × 13 ft
Bathroom 3:Second Floor6.4 × 10 ft
Bathroom 4:Second Floor4 × 9.9 ft
Loft:Second Floor15 × 15 ft
Bathroom 1:First Floor5 × 10 ft
Bedroom 5:Second Floor10 × 15 ft
Living Room:First Floor18 × 19 ft

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 6, 2024List Date
$1,500,000List Price

Home Estimate Zoopraisal®

This property is estimated to sell between: $402,000 and $2,049,000.
Similar properties in this area sold on average for: $402,000
Expected to sell very soon! Similar properties sold in 144 days. This home has been on Zoocasa for 747 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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