25014 Constitution, Orange, VA 22960

$1,285,000
4
BD
3
BA
2,481
SqFt

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List Price
$1,285,000
Status
ACTIVE
MLS#
VAOR2015190
Bedrooms
4
Bathrooms
3
Full-baths
3
Living Area
2,481
Lot Size
2,801,779
Subdivision
None Available
Neighborhood
None Available
Year Built
1975
Acres
64.32

Property Description

EXCEPTIONAL INVESTMENT & DEVELOPMENT OPPORTUNITY IN ORANGE COUNTY! Here is your chance to secure approximately 64.32 acres comprised of SIX adjoining parcels, each with its own tax map number, all being offered together for one price! With extensive frontage along Route 20, this property offers outstanding visibility, accessibility, flexibility and tremendous future potential. The VALUE IS IN THE LAND and the possibilities it presents. The current owner has already completed a scope of work plan for a proposed 23-lot subdivision, giving a future owner an excellent starting point for exploring residential development. Develop now or hold for the future—the six separate parcels and substantial acreage create numerous possibilities. Consider a residential subdivision, private estate, family compound, multi-generational property, equestrian use, farm, investment holding, or other uses permitted by Orange County. Adding immediate value is an existing classic all-brick Cape Cod home, along with a barn/stable and board-fenced acreage. The home is currently tenant occupied and generating $2,500 per month in rental income, providing income while a buyer evaluates future plans. The tenant would prefer to remain for approximately another 1.5 years, if possible. Opportunities offering this combination of acreage, multiple adjoining parcels, Route 20 frontage, existing improvements, current rental income and potential future development don't come along every day. Whether you're a developer, investor or buyer looking to create a one-of-a-kind family property, this offering deserves a closer look. SIX PARCELS. 64+ ACRES. EXISTING INCOME. DEVELOPMENT POTENTIAL. ONE PRICE. Buy it, use it, develop it, or hold it for the future—the opportunity is here!

Additional Information

Style
Cape Cod
Foundation
Concrete Perimeter
Interior Features
Family Room Off Kitchen, Breakfast Area, Kitchen - Country, Dining Area, Built-Ins, Wood Floors, Floor Plan - Traditional
Accessibility Features
None
Exterior Features
Other, Outbuilding(s)
Sewer Septic
Septic Exists
Utilities
Electric Available
Parking
Gravel Driveway
Garage Spaces
2
Lot Description
Additional Lot(s), Landscaping, Road Frontage, Rural, Other
Water
Well
Basement
Yes
Fireplace
Yes
Flooring
Hardwood, Carpet
Roof
Shingle
Heating
Forced Air

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of RE/MAX Gateway. Contact: 7036525777

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