25014 Constitution, Orange, VA 22960

$1,285,000
4
BD
3
BA
2,481
SqFt

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List Price
$1,285,000
Days on Market
0
Status
ACTIVE
MLS#
VAOR2015190
Bedrooms
4
Bathrooms
3
Full Baths
3
Living Area
2,481
Lot Size (Acres)
64.32
Style
Cape Cod
Year Built
1975
County
Orange
School District
Orange County Public Schools

Property Description

EXCEPTIONAL INVESTMENT & DEVELOPMENT OPPORTUNITY IN ORANGE COUNTY! Here is your chance to secure approximately 64.32 acres comprised of SIX adjoining parcels, each with its own tax map number, all being offered together for one price! With extensive frontage along Route 20, this property offers outstanding visibility, accessibility, flexibility and tremendous future potential. The VALUE IS IN THE LAND and the possibilities it presents. The current owner has already completed a scope of work plan for a proposed 23-lot subdivision, giving a future owner an excellent starting point for exploring residential development. Develop now or hold for the future—the six separate parcels and substantial acreage create numerous possibilities. Consider a residential subdivision, private estate, family compound, multi-generational property, equestrian use, farm, investment holding, or other uses permitted by Orange County. Adding immediate value is an existing classic all-brick Cape Cod home, along with a barn/stable and board-fenced acreage. The home is currently tenant occupied and generating $2,500 per month in rental income, providing income while a buyer evaluates future plans. The tenant would prefer to remain for approximately another 1.5 years, if possible. Opportunities offering this combination of acreage, multiple adjoining parcels, Route 20 frontage, existing improvements, current rental income and potential future development don't come along every day. Whether you're a developer, investor or buyer looking to create a one-of-a-kind family property, this offering deserves a closer look. SIX PARCELS. 64+ ACRES. EXISTING INCOME. DEVELOPMENT POTENTIAL. ONE PRICE. Buy it, use it, develop it, or hold it for the future—the opportunity is here!

Additional Information

Subdivision
None Available
Taxes
$2819
Interior Features
Family Room Off Kitchen, Breakfast Area, Kitchen - Country, Dining Area, Built-Ins, Wood Floors, Floor Plan - Traditional
School District
Orange County Public Schools
Fireplaces
1
Flooring
Hardwood, Carpet
Garage
Yes
Garage Spaces
2
Exterior Features
Other, Outbuilding(s)
View
Pasture, Pond, Trees/Woods, Water
Heating
Forced Air
Heating Fuel
Electric
Cooling
Central A/C
Roof
Shingle
Utilities
Electric Available
Water
Well
Sewer
Septic Exists
Basement
Yes

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
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Calculator source: Real Geeks

Listing courtesy of RE/MAX Gateway. Contact: 7036525777