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Eric Gardner

ericgardner@remax.net +1(757) 805-6235

$ 129,900

Est. payment | -/mo

1 Bed

0.95 Acres Lot

Save

$ 129,900

Est. payment | -/mo

Save

1 Bed

0.95 Acres Lot

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Under Contract

Purchase Type For Sale

Subdivision Lynbrook Landing

MLS Listing ID 10646010

Style Other

Bedrooms 1

HOA Y/N No

Year Built 1960

Annual Tax Amount $2,400

Lot Size 0.950 Acres

Property Sub-Type Detached

Property Description

INVESTOR/BUILDER DEVELOPMENT OPPORTUNITY! List price of $129,000 represents the base land value and is NOT the total purchase price. Seller is offering a portion of the existing parcel at 740 Cason Ln, which must be subdivided from the Seller's residence. The existing home is NOT included in the sale. Total purchase price is $339,900, based on a proposed subdivision designed to potentially create 3 residential building lots from the land being conveyed. Approximately 225' of total road frontage currently exists; proposed subdivision will retain approximately 55' with the Seller's residence. Land will require clearing. New construction in the area has an average ARV of approximately $452,500. Buyer responsible for verifying subdivision feasibility, zoning, utilities, frontage requirements and all City of Virginia Beach approvals. CASH/Experienced developers preferred. Drive by only—DO NOT DISTURB SELLER.

Location

State VA

County Virginia Beach

Area 41 - Northwest Virginia Beach

Zoning R75

Rooms

Other Rooms None

Interior

Hot Water None

Heating None

Cooling None

Flooring Other

Equipment None

Appliance None

Exterior

Parking Features None

Fence None

Pool No Pool

Waterfront Description Not Waterfront

Roof Type Other

Building

Story 1.0000

Foundation Other

Sewer Call

Water Call

Schools

Elementary Schools Diamond Springs Elementary School

Middle Schools Bayside Middle

High Schools Bayside

Others

Senior Community No

Ownership Simple

Miscellaneous Fixer Upper

Disclosures Disclosure Statement

Special Listing Condition Disclosure Statement

Listed by ONYX Realty Professionals LLC

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Eric Gardner

REALTOR® | Associate Broker | CAPT USN(ret) | Lic# 0225220843

ericgardner@remax.net

+1(757) 805-6235

4701 Columbus St Ste 200 Virginia Beach VA, 23462

740 Cason LN Virginia Beach, VA 23462

Eric Gardner

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

740 Cason LN