Development Opportunity in Lepanto

ID:9501 Development 72.5 Hectares

$982,000
Property Features
  • Residential Built
  • Land is 725,000 m²

Well-priced 72.5-hectare property for a developer. 26 lots already subdivided with separate folio real numbers. The property has public road access with approximately 615 meters of road frontage. Not all utilities are on site yet. There is a drilled well with pumping system and 2 catchment tanks in the northern portion of the property, adjacent to a stream. At the higher southern elevation, there is a holding tank that distributes water by gravity feed. Public transportation is 9 km away.

The land can be used for residential and agricultural use. The elevation provides lovely ocean views, and the lots would make a lovely spot for homes to be built. The project has an average slope of 33% with elevation ranging between 220 and 450 feet.

Attractively priced, this subdivided property in Lepanto is ready for someone to step in and create a spectacular community.