MLS Number 4624493
- Zoning Residential/ Aquifer
- Acreage 90
For sale is a newly permitted and approved 36 unit subdivision consisting of 26 single family and 5 duplex lots. Single family sites are located around the outer road and hammer head frontage, and duplex lots are located within the inner circular road frontage. Town of Lee NH tax Map 3 will show lot numbering and layout of subdivision AOT permit: # 1040 Good till Feb 8 2021 AG application is drafted but not filed Daniels Drive Owners Association covenants are drafted but not recorded. Buyer will be responsible for moving the subdivision from its permitted stage to a buildable stage. Approval allows buyer to build road in phases, each being 1,100' of road built to binder for building permits to be issued. All products needed for road bed preparation are on site with some blending and or processing. Lowest bid of $860K to build all 3,400' +/- of road by well know site contractor given late 2015. That puts road coast at about 23K per lot. All lots require well and septic, site has good soils was old gravel pit. All homes are required to have fire sprinkler systems because of only 1 cistern being required. 50 + ac of open space consisting of fields and woods. Map 3 lot 2-0 a commercial lot with 590' of frontage 3.5 ac +/- usable on Rt 125 can be added to this purchase if buyer has interest in doing so.
Listed by Walter Cheney of Real Estate Advisors Inc.
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Est. Mortgage: $/month
Federal 30-year interest rate: 4.03% last updated on 2017-07-13
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