STONE HARBOR LAKES - PHASE 1 of a Spectacular 161.06 acre site ultimately totaling 202 masterfully sited home building lots interwoven along the lakes, fairways and greens of the highly acclaimed, Desmond Muirhead designed championship Stone Harbor Golf Club. The site is fully approved, but unimproved, and ready for development. Phase 1 will consist of 70 semi-attached cottage home lots and 32 single family lots for a total of 101 building lots. Located on the bucolic mainland, opposite the dynamic and ultra-exclusive beach communities of Stone Harbor and Avalon, The Lakes at Stone Harbor enjoys a one-of-a-kind location that will allow the developer to create an extraordinary, canâ??t miss, lifestyle community. It will feature a care-free living experience for the 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 Avalon and Stone Harbor. Market Values for the proposed luxury attached cottages and executive single family homes ranges from $450,000 to just under $1,000,000, a steep discount to the 2016 average price of new single family detached homes in Stone Harbor and Avalon of $2,700,000. Once this site is developed it will be impossible to create another one like it.
Lot Description: Mainland, Wooded Lot, See Remarks, Golf Course
Outdoor: See Remarks
Property Type: SFR
Property SubType: Other
Is an REO: No
Is Short Sale: No
Tax Year: 2017
Tax Amount: 35, 252.95
$ per month Year Fixed. % Interest Rate.
Principal + Interest:
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Listing Courtesy of: BERKSHIRE HATHAWAY HS FOX & ROACH sh Hugh Merkle
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CMCAOR(Cape May) data last updated at February 18, 2018 3:35 AM ET