For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $7,500,000
Property Type Vacant Land
Sub Type Other
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 189067
Sold Date 12/13/21
Annual Tax Amount $37,182
Tax Year 2018
Lot Dimensions 161.06 AC
Property Sub-Type Other
Property Description
An Amazing Opportunity awaits you at the Recently Re-imagined & Improved Stone Harbor Golf & Beach Village. This spectacular property, NOW HAS PUBLIC SEWER and water along with CAFRA approval to build 202 residential units on this impressive 161+ acre site winding among the lakes, fairways and greens of the exclusive, Desmond Muirhead-designed, championship Stone Harbor Golf Club. The seller has developed a brand new Concept Plan that includes a mix of 92 Attached Townhome Villa lots, 86 Semi-attached Carriage Home lots, and 24 Detached Carriage Home lots. This exceptional, dream location enables the buyer to create an extraordinary, canât miss, lifestyle community that will appeal to the discerning home buyer seeking the opportunity to live in a brand new, amenity rich, gated golf community only six miles west of the fabulous beaches of the Jersey Shore. The new Concept Plan will require modifications to the already obtained permits from the State of New Jersey, Middle Township and NJ DOT. The owner has already meet with officials from Middle Township and the State of New Jersey and has received a positive response from the state and an endorsement from Middle Township on the new Concept Plan. The buyer will have an opportunity to fine tune the new Concept Plan to accommodate their specific style and design for the homes. The seller has estimated that the final approval will require the buyer to spend approximately $250,000 in permitting, legal and engineering costs and will take 2 to 6 months to complete.
Location
State NJ
County Cape May
Area Cape May Court House
Location Details Mainland,Other (See Remarks)
Building
Lot Description Mainland, Other (See Remarks)
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
Bought with COMPASS RE - Stone Harbor