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Tbd Wallace Meadows Way, Bristol, VA 24202

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For Sale

$399,900

19.4 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • 19.4 acres
    Lot size

Explore this Property

Welcome to your turnkey, shovel-ready development conveyed with Declarant rights and your ability to author your own story from inception to fruition. Fully engineer designed, and in ready go form to expand this new housing section of a wonderful community - Meadowood at Wallace. This expansion will consist of eleven duplex units and three tri-plex units with a forecasted* gross sale of north of 11M upon housing being sold. The duplex units are single level and the tri-plex are planned as multi-level units with a garage below. The duplex units come with a completed architectural plan for max density in the development with a carefully designed floorplan to provide enough space for all. A master bedroom with on-suite master bath and dual vanity, a stand-alone shower and bathtub, a second and third bedroom with a jack and jill full bath, a great room with half bath, and exit to a private back patio, along with a full two car garage and front porch encompasses this luxury design. Design plans will convey with the purchase for an easier start to finish process. The 400+ page application and permitting process with the county is complete to final prelim requirements and ready for recordation and bonding. Save yourself the developer hassle with this project managed solution which has required over two years of endless meetings with various local and state authorities. The project was managed and designed by a developer with 15 years' experience and involvement with over 200 built from scratch communities. Intended as a retirement plan as a village of cash flow via rental income, as fate would have it, the developer has had alternate life plans and is relocating out of state. The time to capitalize is now! There are few opportunities more turn-key than one in the greater Tri-cities area and Bristol is begging for housing with a constant hoard of buyers seeking new construction. Buyer/buyers agent to verify all info. Info contained herein taken from 3rd party.
MLS# 9964534

Courtesy Of The Addington Agency Bristol

(423) 845-5800

Property Features

  • Architecture Style
    Other
  • Lot Size
    19.4 Acres
  • Roof Type
    Unknown

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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