Asking Price $495,0000 - $735,000
4 bed · 3.5 bath · 2100 - 3400 sq FT.
Purchase 1.25 acres of raw land in the popular Plaza Midwood neighborhood, subdivide into six prime buildable lots, and build six custom Craftsman homes between 2300-3200 SF with modern amenities and 2-car detached garages. Negotiated through a 5-month estate sale to acquire the land from 13 family members, some of whom would not give consent if specific other family members were to receive any profits. Other family members were so remote and disengaged, acquiring consent and signatures required personal couriers to travel to the most remote regions.
The project from land acquisition to final sale of last home took two years. Three different brokers represented us throughout the transaction. We used existing house plans for three of the six homes that were very popular in the past and worked with designers to create three new floorplans.
All the homes feature functional open floor plans to compliment today’s lifestyles, lots of natural light, generous porches and decks for outdoor living and entertainment, oversized and luxurious master suites featuring unique tiles and freestanding modern bathtubs, spacious secondary bedroom suites, and one of a kind quartz and stone countertops. All yards and fenced in with handbuilt shadowbox fencing and single gate.
Minimum investment $100,000.
EXECUTIVE SUMMARY of project available for qualified investors.