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$ 696,000
Est. payment | /mo
2,274 Sqft Lot
$ 696,000
Est. payment | /mo
2,274 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Residential Lots
Listing Status Active
Purchase Type For Sale
Subdivision Delmar Place Twnhse
MLS Listing ID 24018177
Lot Size 2,274 Sqft
Acres 0.0522
Lot Dimensions 33x78
Property Description
Opportunity to purchase 16 lots in a private gated development in the DeBaliviere Place neighborhood overlooking the mansions on Washington Terrace. The lots are located near the Central West End approximately 5 blocks from Forest Park. Each of the lots is zoned E. for multi-family residential and would be ideal for luxury townhomes, which have already been approved by the city of St. Louis. These lots are fully developed with new utility connections for water, sewer, and electric, as well as newer streets and gated access. The surrounding area is currently undergoing a lot of redevelopment activity. There are four brand new townhomes currently under construction within the development. Similar individual lots without utilities in the surrounding area have sold in the range of $60,000 to $100,000. Potential list prices for the completed townhomes could range from $350,000 to $490,000 depending on size, finishes, and upgrades based on similar-sized townhome sales nearby.
Location
State MO
County St Louis City
Area Central West
Zoning E
Interior
Fireplace N
Exterior
Utilities Available Electricity Available, Gas to Site
Building
Lot Description Cul-De-Sac
Sewer Public Sewer
Water Public
Schools
Elementary Schools Ford-Ford Br. Elem. Comm. Ed.
Middle Schools Langston Middle
High Schools Sumner High
School District St. Louis City
Others
Ownership Private
Acceptable Financing Cash Only, Conventional, Other
Listing Terms Cash Only, Conventional, Other
Special Listing Condition Other, None
Listed by Jordan Schoen • Invest St. Louis