Welcome to an exceptional opportunity in The Hamptons subdivision. This expansive 15.7-acre property will be sold collectively, and comprises 1 waterfront lot, 1 proposed boat ramp, 7 off-water lots, and 2 tracts each with access to water and electricity offering unparalleled potential for development or investment. The smaller of the two waterfront lots was originally designated for a boat launch. Nestled within one of the most coveted areas, this land presents a rare chance to create your dream estate or embark on a lucrative development venture. As a bonus, the seller got a verbal opinion from an attorney that the ownership of the covenants and restrictions can be transferred to the buyer since the new buyer will own the majority of the property in this subdivision. This will provide the buyer with control and autonomy over future development plans while upholding the prestigious standards of The Hamptons community.
* This payment calculator is intended for educational and planning purposes only. ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
All information provided is deemed reliable but is not guaranteed and should be independently verified. Such information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.