Property Description

Rare opportunity to complete and customize what is poised to become a stunning luxury new construction residence. Originally purchased by an investor with plans for a full high-end transformation, circumstances have changed before completion, creating a unique chance for a builder, investor, or end user to step into a project with substantial groundwork already completed. This property has undergone extensive site preparation and redevelopment work with approximately $200,000 already invested into the project. The home has been fully taken down to the studs with all previous electrical, plumbing, and interior systems removed - offering a true blank slate ready for construction to begin. Significant grading work has already been completed, including the import of approximately 100 loads of dirt to properly prepare the lot and improve the site for future construction. Major exterior and structural preparation has also been completed, including extensive tree removal, installation of retaining walls, and additional groundwork designed to support the future vision of the property. Valuable materials currently onsite can convey with the sale, including boulders, cedar beams, lumber, and additional building materials. An architectural plan has already been professionally designed at a cost of approximately $20,000 and permits are already in place, allowing the next owner to potentially accelerate the building timeline significantly. The existing pool area also offers flexibility, and options may be available for completion or redesign. The vision for this property was to create a luxury residence that could ultimately compete with surrounding high-end new construction homes and potentially command well over $2 million upon completion depending on final design, finishes, and market conditions. This is not simply a renovation opportunity - it is a chance to take over a partially completed redevelopment project with major upfront costs, planning, demolition, grading, and infrastructure work already addressed. An exceptional opportunity for the right buyer to bring a luxury vision to life while benefiting from the substantial work already completed.

Property Features

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