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Description
Here it is...A Prime Single Family Development Opportunity to meet the Growing Housing Demands in todays Marketplace! Original Annexation Agreement provided for 31 Single Family Homes. Seller Submitted a Proposed R-1 Plan Development to the Village of Lakewood for review( see Color Graphic). The Proposal called for 34 Lots, on 24.5 Acres, and a Remaining 5.4 Acres for Open Space. The Subject Property is 29.9 Acres and is Located in the midst of a Single Family Residential Neighborhood in Lakewood. Most of the land is in Lakewood with but a small portion on the East end in Crystal Lake. The Dominant special purposes uses in the neighborhood are Turnberry and Red Tail Golf Courses, both Located in Lakewood. The Property is Zoned R-1 Single Family Detached in Lakewood, and the Zoning is consistent with the Zoning on surrounding properties. This would be the Highest and Best Use for the Land! The land is near Level, with about 18% wooded, scattered in rows throughout the site! There is a old barn on the property, and for Nostalgia lovers, at one time the owners trained horses for Harness Racing at Maywood Park! Utility Maps and Survey Available under Additional Information! A very appealing Prime Property!
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