$700,000

Zoned R3, this expansive 39.33-acre parcel of land with mountain views and 350+ feet of frontage on a VA DWR stocked trout stream (Mill Creek) presents a unique development or investment opportunity. Site plans are available for an engineered 120 lot residential subdivision. Additional easements are necessary to develop the site to that density. A lower density neighborhood may not require any additional easements depending on lot size, lot count and overall configuration. This property has many possibilities due to it's location, R3 zoning, size, mountain views and public and creek access. Town water is already on the property and public sewer is available just across the N&S RR tracks. The land borders a N&S RR line that has been abandoned for years and is the likely future home of a Rails/Trails project that is currently in the planning stages. The property boasts a diverse array of views, including breathtaking mountain vistas and farming landscapes. Such scenic attributes not only enhance the aesthetic appeal but also significantly increase the land's value over time. The lot's proximity to the historic town of Mount Jackson, US National Forest and stocked trout waters provides an ideal setting for various development possibilities; residential development, recreational facilities, or eco-friendly ventures. The tranquil environment and expansive space, allows for creative planning and the potential for substantial returns on investment. Investors can leverage the land's natural beauty and accessibility to attract buyers or renters seeking a retreat from urban life, thereby tapping into the growing demand for properties that offer both tranquility and proximity to cultural and college towns. This property is only 30 minutes drive time from Harrisonburg, VA. Home of James Madison University, Eastern Mennonite University and Bridgewater University (just a few miles farther South). So, farm it now and develop it later, or just develop it now. Either way, call to schedule your tour of this unique property.