8529 KENTON ROAD at

8529 KENTON ROAD

For sale Days on market 438

$1,500,000

$538/sq ft

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Overview

Bedroom

Bath

Year Built

2005

Sqft

2788

Property Type

Single Family Residence

Property Description

Welcome to a developer's paradise, where the canvas of opportunity unfolds on a sprawling 10-acre plot in the heart of the flourishing Connected City of Wesley Chapel. This prime real estate isn't just land; it's a golden ticket to unlock the potential of townhouse/mixed use project excellence. The stage is set – the spotlight is on you! Potentially we can assemble 65 acres for a larger SFR/townhome/mixed use development. Strategically positioned near Epperson Ranch, Mirada, and Watergrass, this gem is a strategic cornerstone for visionary developers. The imminent development of King Lake across the street, featuring a fusion of 525 homes and over 100,000 sq.ft. of offices, sets the stage for a lucrative venture. Your project here isn't just a development; it's a strategic investment in the heartbeat of progress. Connectivity is key, and this location boasts easy access to the Interstate 75 ramp at Overpass Road, laying the groundwork for a seamless lifestyle for future townhouse residents. The nearby county recreation center adds a touch of recreational charm, enhancing the overall appeal of your future project. Less than a mile from the new, 56-bed Johns Hopkins All Children's hospital that broke ground and is expected to open in 2027. The home is going to be demolished for a cell phone tower near the entrance, across from the planned intersection on Kenton Road. The versatile pole barn on the property is a blank canvas, ready to be reimagined as a communal space, storage facility, or any other amenity that adds value to your townhouse project. With the freedom to sculpt this space to your specifications, the potential is boundless. The standout feature lies in the incredible potential for rezoning for a SFR/townhome/mixed use project. This isn't just a parcel of land; it's a strategic move that aligns with the vision of forward-thinking developers. The investment potential is unparalleled, making this opportunity a cornerstone for success in the townhouse development arena. Approximately 4.23 acres are uplands, providing a secure foundation for your project. The imminent widening and paving of the road down to Elam Road by other area developers with Pasco County adding new water lines, waste water and reclaimed water, enhances accessibility, a crucial factor in the success of any townhouse project. In conclusion, this isn't just a property; it's a canvas awaiting the masterful strokes of a townhouse developer. The Connected City deploys innovation in every aspect of the community through technology like ULTRAFi gigabit internet and beckons to add this opportunity to shape its future. Welcome to a realm where every detail is a brushstroke in the masterpiece of your next successful townhouse project. The stage is set – the spotlight is on you! 65 acres are potentially available for a larger townhome/mixed use development. Survey and wetland engineer map available for the parcels. Buyers/Buyers agents are not to rely upon any usable or density estimates from listing agent or seller-utilize your own land consultant and/or engineer.

Property Details

MLS#

T3502379

Total Floor in Bldg

Address

8529 KENTON

City

WESLEY CHAPEL

State/county

Zip/Postal Code

33545

Area

Connected City Area

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$4,456

Maint Fee

$--

Tax Year

2023

Dishwasher

Dryer

Microwave

Range

Refrigerator

Washer

Trees/Woods

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