Adam Hiner - Coldwell Banker Hearthside
905 N Route 9
Cape May Court House, NJ 08210

$10,000,000

Description

ATTENTION BUILDERS - SPECTACULAR DEVELOPMENT OPPORTUNITY! STONE HARBOR LAKES AT STONE HARBOR GOLF CLUB 905 N. ROUTE 9, CAPE MAY COURT HOUSE, NJ BRAND NEW CONCEPT PLAN for 202 fully approved building lots on a spectacular 161.06 acre residential development site at the Stone Harbor Golf Club. The new mix consists of 92 attached townhouse villas lots, 86 semi-attached carriage home lots and 24 detached carriage home lots. The lots are clustered around the most impressive view corridors among the lakes, fairways and greens of the highly acclaimed, Desmond Muirhead designed, championship golf club, resulting in a very efficient infrastructure development program and minimum absorption period for the out sales. Located on the bucolic mainland, opposite the dynamic and ultra-exclusive beach communities of Stone Harbor and Avalon, Stone Harbor Lakes enjoys a one-of-a-kind location that will allow the developer to create an extraordinary, cant miss, lifestyle community. It will appeal to the home buyer seeking the opportunity to live in a brand new, amenity rich, gated golf community only six miles west of the fabulous beaches of Avalon and Stone Harbor. The projected new home prices should start from the high $300,000s for the attached townhouse villas; the low $400,000s for the attached carriage homes and the low $600,000s for the detached carriage homes, a steep discount to the 2017 average price of new single family detached homes in adjoining Stone Harbor and Avalon of $2,875,000. Once this site is developed it will be impossible to create another one like it. ASKING PRICE: $10,000,000 ($49,505 PER LOT) Call for additional details.

Details

MLS#182963
Sub-TypeResale
StatusActive
Days On Site124

Features

ZoningSR
Acreage161.06

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Area Information

StateNJ
CityCape May Court House
Zip Code08210
AreaCape May Court House
Listing VS Median (in 08210)
Price:
$10,000,000
low | high
Med:
$249,000
100% of Average
On Site:
124
low | high
Med:
388
31.958762886598% of Average
Listing Updated: 11/16/2018
MLS Number: 182963
Listing Provided By:
Hugh Merkle  of  BERKSHIRE HATHAWAY HS FOX ROACH sh
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