Listed by Jim Miller, RE/MAX Bayside

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This is a rare opportunity for developers and investors. This 53.57 acre property has been approved for a 70 unit 55+ duplex condominium development. Sixty-four (32 duplex) unit sites are currently offered, ready to move forward with a minimal amount of infrastructure to be completed. The water system is complete and operating. Sewer, gas lines and underground electric conduits are installed to each site. Phase one, with ten remaining units to be built, is ready for construction. Start immediate construction and reserve units with non-binding reservations until the new developer obtains NH Attorney General approval. The property is just minutes from Exit 20 off I-93 in the beautiful and ever popular Lakes Region of New Hampshire. Close to all amenities, banks, supermarkets, and less than two miles from the hospital. Total land and infrastructure costs $47,000 per living unit. Virtually impossible to top that anywhere!

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Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated May 16, 2022.

 

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