New Hope-100 Acres Rd - New Home Land
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New Hope-100 Acres Rd - New Home Land
100 Acres of Residential Land Offered at £7,433,275 in New Hope, PA 18938
Executive Summary
A prime development opportunity in the prestigious town of New Hope, Solebury township. This offering includes 107 acres of land, divided into four parcels.
The current zoning, RB (residential/agricultural),requires one house per three acres. A preliminary civil engineering review suggests the potential for subdivision into up to 27 individual lots, offering a unique development opportunity in this sought after location.
New Hope Land is largely under deed restrictions for development, making non-preserved vacant lots a rarity so presented opportunity is truly unique. Considering recent sales, the estimated retail price for end houses range between $2.3M and $2.7M and with increased popularity due to celebrity residency, this area becoming a preferred destination for high-end residential property buyers.
***Please note the sale does not include land development. Buyers will require to complete their own due diligence and subdivision process.
***Address and other details will be provided to serious inquiries only, with signed NDA.
The current zoning, RB (residential/agricultural),requires one house per three acres. A preliminary civil engineering review suggests the potential for subdivision into up to 27 individual lots, offering a unique development opportunity in this sought after location.
New Hope Land is largely under deed restrictions for development, making non-preserved vacant lots a rarity so presented opportunity is truly unique. Considering recent sales, the estimated retail price for end houses range between $2.3M and $2.7M and with increased popularity due to celebrity residency, this area becoming a preferred destination for high-end residential property buyers.
***Please note the sale does not include land development. Buyers will require to complete their own due diligence and subdivision process.
***Address and other details will be provided to serious inquiries only, with signed NDA.
Property Facts
| Price | £7,433,275 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 100.00 AC |
| Price | £7,433,275 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 100.00 AC |
1 Lot Available
Lot
| Price | £7,433,275 | Lot Size | 100.00 AC |
| Price Per AC | £74,333 |
| Price | £7,433,275 |
| Price Per AC | £74,333 |
| Lot Size | 100.00 AC |
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zoning
| Zoning Code | RB (residential/agricultural) |
| RB (residential/agricultural) |
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New Hope-100 Acres Rd - New Home Land
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