The subject property totals approximately 12+ acres and presently consists of four tax lots. The existing homes in this area are larger and upscale. Bridgeview has been approved and engineered for 52 lots over five phases with 7-12 lots per phase. The first two phases, totaling 23 lots, have constructions bids in place. Consider these amenities:
Fully approved and engineered single family lots ready for development;
Possibly available in five phases with a flexible take-down schedule;
Construction bid in hand for first two phases, totaling 23 lots;
Exceptional high quality-of-life location near a wide variety of amenities;
Significant development and home building financial incentives from the City of Madras;
Final price per lot dependent on take down schedule; asking price of $1,950,000 is for all 52 lots being purchased together