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Tbd Wallace Meadows Way, Bristol, VA 24202 - $399,900

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Bedrooms: 0 Full Bathrooms: 0 Half Bathrooms: 0
Type: Land Sub Type: MLS Number: 9964534
Living Area: 0 Lot Acreage: 19 Year Built:
Elementary School: High Point Middle School: Wallace High School: John S. Battle
Property Description
Welcome to your turnkey, shovel-ready development conveyed with Declarant rights and your ability to author your own story from inception to fruition. Fully engineer designed, and in ready go form to expand this new housing section of a wonderful community - Meadowood at Wallace. This expansion will consist of eleven duplex units and three tri-plex units with a forecasted* gross sale of north of 11M upon housing being sold. The duplex units are single level and the tri-plex are planned as multi-level units with a garage below. The duplex units come with a completed architectural plan for max density in the development with a carefully designed floorplan to provide enough space for all. A master bedroom with on-suite master bath and dual vanity, a stand-alone shower and bathtub, a second and third bedroom with a jack and jill full bath, a great room with half bath, and exit to a private back patio, along with a full two car garage and front porch encompasses this luxury design. Design plans will convey with the purchase for an easier start to finish process. The 400+ page application and permitting process with the county is complete to final prelim requirements and ready for recordation and bonding. Save yourself the developer hassle with this project managed solution which has required over two years of endless meetings with various local and state authorities. The project was managed and designed by a developer with 15 years' experience and involvement with over 200 built from scratch communities. Intended as a retirement plan as a village of cash flow via rental income, as fate would have it, the developer has had alternate life plans and is relocating out of state. The time to capitalize is now! There are few opportunities more turn-key than one in the greater Tri-cities area and Bristol is begging for housing with a constant hoard of buyers seeking new construction. Buyer/buyers agent to verify all info. Info contained herein taken from 3rd party.
Listing Status
Active
  • More Listing Info
    Contract Info:ForeclosureNo
    Easements:None12true
    General Property Description:Acres19.4
    General Property Description:Elementary School3High Point
    General Property Description:High School3John S. Battle
    General Property Description:HOA YNNo
    General Property Description:Home WarrantyNo
    General Property Description:Lot Size219.4 ACRES
    General Property Description:Middle School2Wallace
    General Property Description:Zoning2AG
    Land Type:Farmtrue
    Land Type:Income Producingtrue
    Land Type:Residentialtrue
    Land Type:Unimprovedtrue
    Location Tax Legal Info:City Taxes0.0
    Location Tax Legal Info:County Taxes624.6
    Remarks Misc:Directions3From I-81, use exit 5. Turn left onto Lee Hwy, left onto Island Rd., right onto Wallace Pike, approximately 2 miles property is on right.
    Remarks Misc:Public Remarks2Welcome to your turnkey, shovel-ready development conveyed with Declarant rights and your ability to author your own story from inception to fruition. Fully engineer designed, and in ready go form to expand this new housing section of a wonderful community - Meadowood at Wallace. This expansion will consist of eleven duplex units and three tri-plex units with a forecasted* gross sale of north of 11M upon housing being sold. The duplex units are single level and the tri-plex are planned as multi-level units with a garage below. The duplex units come with a completed architectural plan for max density in the development with a carefully designed floorplan to provide enough space for all. A master bedroom with on-suite master bath and dual vanity, a stand-alone shower and bathtub, a second and third bedroom with a jack and jill full bath, a great room with half bath, and exit to a private back patio, along with a full two car garage and front porch encompasses this luxury design. Design plans will convey with the purchase for an easier start to finish process. The 400+ page application and permitting process with the county is complete to final prelim requirements and ready for recordation and bonding. Save yourself the developer hassle with this project managed solution which has required over two years of endless meetings with various local and state authorities. The project was managed and designed by a developer with 15 years' experience and involvement with over 200 built from scratch communities. Intended as a retirement plan as a village of cash flow via rental income, as fate would have it, the developer has had alternate life plans and is relocating out of state. The time to capitalize is now! There are few opportunities more turn-key than one in the greater Tri-cities area and Bristol is begging for housing with a constant hoard of buyers seeking new construction. Buyer/buyers agent to verify all info. Info contained herein taken from 3rd party.
    Sewer:At Roadtrue
    Water:At Road2true
    Videos: (none)
    Virtual Tours: (none)
Listing Courtesy:
The Addington Agency Bristol
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