Description
Cleared and ready for your cabin plans and nestle in the forest. Right around the corner from the Purdy Hill ramp you can be at the lake in no time from this lot. Due to how the lots were initially sold (or oversold) in 'Grand Opening Day Sale' fashion, the true value of the lots on the open market is coming to light. Statistically the average loss in Edgewater is about 64%. This lot sold originally for $24,900! So at $16,000 it's a very good buy. Home size to be min 1600 sq ft. No campers or mobile homes. If you are a builder, there are great opportunities to spec out some lake homes. In that loss, equity is still there. If you build, the home should absorb that loss difference. Call me and we can talk more about all this.
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0BEDS
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0.5ACRES
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0BATHS
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01/2 BATHS
School Information
Description
Cleared and ready for your cabin plans and nestle in the forest. Right around the corner from the Purdy Hill ramp you can be at the lake in no time from this lot. Due to how the lots were initially sold (or oversold) in 'Grand Opening Day Sale' fashion, the true value of the lots on the open market is coming to light. Statistically the average loss in Edgewater is about 64%. This lot sold originally for $24,900! So at $16,000 it's a very good buy. Home size to be min 1600 sq ft. No campers or mobile homes. If you are a builder, there are great opportunities to spec out some lake homes. In that loss, equity is still there. If you build, the home should absorb that loss difference. Call me and we can talk more about all this.
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Listing provided courtesy of Bradley Bigelow of Century 21 Advantage Realty: (606) 451-1021 . Listing information © 2023 Bluegrass REALTORS® Multiple Listing Service. All rights reserved.