The former Prairie House, 18.46 acres in the heart of New Albany provides a natural, tranquil & private setting with heavy woods, mature trees and Sugar Run stream meandering along a portion of the west & north boundary. One of the last infill sites of this size near New Albany’ Village Center/Market Square. Site has approximately 640’ frontage & 1611’ depth. Hampstead Village subdivisions are contiguous to the east & west, Pickett Place subdivision to the south and the New Albany Country Club community to the south/southeast. The site is level from the front toward the rear where elevation decreases down to Sugar Run stream. All utilities are to the site. There is a leisure trail along the frontage that connects to 55 miles paths/trails. The site is a short ½ mile walk to Market Street, Market Square, Village Center, Rose Run Park, Learning Campus, McCoy Center, Heit Center. High quality Georgian & farmstead architecture are defining characteristics of New Albany. Affluent market demos. Site is well suited for estate lot(s), custom homes, custom age-restricted development. Site is home to the former Prairie House, an antiques business that morphed into home furnishings, décor, unique accessories, collectibles, crafts and gift items. Over time, more structures were added and used in a retail capacity. There is also a two-story single family house on the site. They were famous for their annual Christmas open houses with several dozen different decorated trees. The current R-2 Zoning District permits single-family residential lots with a minimum lot size of 20,000 square feet with a minimum lot width of 100’ (minimum lot size of 100’ x 200’, or 0.4591 acre lots). If rezoned to I-PUD, and 100% age restricted, its would be possible to get 55 residential lots at 3 lots to th acre. The site is ideal for an estate lot or several estate lots, custom homes and custom age restricted at up to 3 homes per acre (or up to 2.4 home per acre if 80% age restricted).