$399,900
Tbd Wallace Meadows Way
Bristol, VA 24202
MLS# 9964534



Tbd Wallace Meadows Way, Bristol, VA 24202
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Property Description
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.

Details
Maps
Location, Tax & Legal Info
Street #: Tbd
Street Name: Wallace Meadows
St Suffix: Way
County: Washington
State/Province: VA
Zip Code: 24202
Area: 102 - Bristol VA (County)
Subdivision: Not In Subdivision
County Taxes: 624.6
Parcel ID: 141 A 34c 000000
Contract Info
Status: Active
Listing Price: 399900
Current Price: $399,900
List Price/Acre: 20613.4
Listing Date: 2024-04-15
Buyer Broker: Yes
Buyer Broker Comm: 3
Buyer Broker Comm Type: %
Foreclosure: No
Short Sale: No
Auction: No
General Property Description
Lot Size: 19.4 ACRES
Acres: 19.4
Zoning: AG
Elementary School: High Point
Middle School: Wallace
High School: John S. Battle
Home Warranty: No
HOA Y/N: No
Remarks & Misc
Public Remarks: 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.
Directions: From I-81, use exit 5. Turn left onto Lee Hwy, left onto Island Rd., right onto Wallace Pike, approximately 2 miles property is on right.
Property Features
Land Type: Farm; Income Producing; Residential; Unimproved
Water: At Road
Sewer: At Road
Easements: None

Listing Office: The Addington Agency Bristol

Last Updated: April - 20 - 2024


The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Information deemed reliable but not guaranteed.


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