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Given the favorable conditions in the current housing market and the opportunity to own 15 acres of land divided into 3 lots, each with at least 3 percolation tests (percs), there are several potential actions you could consider: 1. Real estate development: You could purchase the 15 acres and develop it into residential properties. With the demand for new homes in the area and the recent sales comps ranging from $555k to $800k plus, there is potential for profitable returns on investment. 2. Land investment: Alternatively, you could purchase the land as an investment and hold onto it. Land values tend to appreciate over time, especially in desirable locations. You could choose to sell the land at a later date when the market is more favorable or when the area experiences further development and increased demand. 3. Agricultural use: If you have an interest in farming or agricultural activities, you could utilize the land for agricultural purposes. This could involve growing crops, raising livestock, or even leasing the land to local farmers. Ultimately, the decision on what to do with the 15 acres of land depends on you! Lot C is located between 6135 and 6091 Goode Rd. Lot A is located in the rear of 6091 Goode Rd. (Do not disturb or trespass onto the property of 6091 or 6135 Goode Rd.
DAYS ON MARKET | 654 | LAST UPDATED | 3/20/2023 |
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YEAR BUILT | 0 | COUNTY | CHARLES |
STATUS | Active | PROPERTY TYPE(S) | Lot/Land/Acreage |
School District | CHARLES COUNTY PUBLIC SCHOOLS |
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PRICE HISTORY | |
Prior to Nov 3, '22 | $550,000 |
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Nov 3, '22 - Mar 20, '23 | $525,000 |
Mar 20, '23 - Today | $500,000 |
ADDITIONAL DETAILS | |
BUYER'S BROKERAGE COMPENSATION | 2 |
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LOT | 15.9 acre(s) |
TAXES | 9026 |
VIEW | Yes |
VIEW DESCRIPTION | Trees/Woods |
ZONING | Agriculture Conservation |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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