5416 Delmar Place CT Active

St Louis,MO 63112

$ 696000

- Bed

0 Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Residential Lots

Listing Status Active

Purchase Type For Sale

Subdivision Delmar Place Twnhse

MLS Listing ID 24018177

Lot Size 2,274 Sqft

Property Description

Opportunity to purchase 16 lots in a private gated development in the DeBaliviere Place neighborhood overlooking the mansions on Washington Terrace. The lots are located near the Central West End approximately 5 blocks from Forest Park. Each of the lots is zoned E. for multi-family residential and would be ideal for luxury townhomes, which have already been approved by the city of St. Louis. These lots are fully developed with new utility connections for water, sewer, and electric, as well as newer streets and gated access. The surrounding area is currently undergoing a lot of redevelopment activity. There are four brand new townhomes currently under construction within the development. Similar individual lots without utilities in the surrounding area have sold in the range of $60,000 to $100,000. Potential list prices for the completed townhomes could range from $350,000 to $490,000 depending on size, finishes, and upgrades based on similar-sized townhome sales nearby.

Location

State MO

County St Louis City

Area Central West

Zoning E

Exterior

Utilities Available Electricity Available,Gas to Site

Building

Lot Description Cul-De-Sac

Sewer Public Sewer

Water Public

Schools

Elementary Schools Ford-Ford Br. Elem. Comm. Ed.

Middle Schools Langston Middle

High Schools Sumner High

School District St. Louis City

Others

Acceptable Financing Cash Only,Conventional,Other

Listing Terms Cash Only,Conventional,Other

Special Listing Condition Other,None

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