$399,000
Prime Investment Opportunity: 7.5+ Acres on Douglas Lake with Development Potential Investors, take note! This is a rare chance to acquire over 7.5 acres with lake views and deeded lake access, including a boat launch, on the highly sought-after Douglas Lake. This property is primed for development, with the… Read More potential to add up to two more dwellings (buyer to verify), making it an ideal candidate for a family compound, nightly rentals, or long-term rental units. A newer, well-kept home is already on-site, providing immediate value. Much of the heavy lifting is already done, with significant excavation and identified building sites. Secure the best-priced access to Douglas Lake's 30,000 acres of recreational water. This unique property offers a multitude of income-generating possibilities and is a strategic addition to any real estate portfolio. This home is on a permanent foundation and has deep footers. In addition, there are two entry points, one off of Chisholm Road and one driveway off of Covington Road. The septic that has been installed is about triple the size it should be for the existing one dwelling (to be verified by Buyer). Read Less
Courtesy of Brougham Properties
Listing Snapshot
Days Online
12
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
2
Square Ft.
1,624
Lot Size
7.61 Acres
Year Built
2017
MLS Number
1321385
30 Days Snapshot Of 37725
$400k
0%
(avg) sold price
119
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
"Crawl Space"
Building
Built in 2017, Building area total: 1,624
Cooling
"Central Cooling"
Fireplaces
"None"
Floors
"Laminate", "Tile"
Heating
"Central", "Electric"
Interior Features
"Walk-In Closet(s)", "Kitchen Island", "Breakfast Bar", "Eat-in Kitchen"
Lot
7.61 acres, 331,492 square feet, Area: 8, "Lake/Water Access", "Pond", "Wooded", "Level", "Rolling Slope"
Parking
"Main Level"
Sewer
"Septic Tank"
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Lance Robinson
REALTOR®
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