Description

Prime Lot with Privacy and Investment Potential. Key Features of the lot include exclusive privacy; Situated on a block with only two other houses, this lot offers unmatched privacy. Located on the northern half of the block along Stamm Ave between Kingsley Drive and Ralston Ave. The surrounding lots are owned by a single owner who has installed water and electrical utility lines, preparing for new construction. The five lots directly to the east are city-owned, wooded, and form Stamm Park, providing a beautiful, natural view right from your front door. Future development is anticipated; 5-7 newly constructed homes in the area, potentially increasing property values and offering a great investment opportunity. Comparable homes could range from $250,000 to $300,000. Stamm Park extends from your lot line to the next intersection to the east, ensuring a permanent green space and added privacy. The block has been recently equipped with multiple individual water and electrical connections, ready for new construction. One well-maintained house to the west and wooded areas to the south enhance the serene environment. Additionally, a great investment opportunity. With the expected new constructions, this lot is a “no-brainer” for investment, combining privacy and potential for high returns. Enjoy some of the best views in the neighborhood, second only to riverfront properties. Tall trees and thick woods surround the area, creating a picturesque setting.