Approximately 46.5 residential acres consisting of 2 parcels on the edge of New Port Richey in an area of heavy growth where Ridge Rd, recently expanded to 4 lanes, has now been extended further to the east for Tampa access, and Moon Lake Rd widening is also slated to come. Fenced frontage with security gate. One of just a few remaining parcels this large in the area. Next to a private airport, Lowes, Home Depot, banks, restaurants, county govt center, retail & office space, and Waters Edge, a newer 1000-home, gated community. Ridge Rd has just been extended eastward to Suncoast Pkwy and SR 41, providing greater commuting convenience and therefore value to the area. Property has 850 ft MOL of Ridge Rd right-a-way frontage. Next to 650 acres of preserves, the property has riding trails, deer, turkey, hog and other wildlife. Ideal for an aviation or equestrian community with larger 1 acre+ premium homesites. However, Pasco Dev. Review board has indicated that a higher density rezoning to MPUD is feasible. Property is now accessed from the north off Royal Palm Ave, and County has also indicated that access from Ridge Rd through the retention area would be feasible with an acceptable plan. Public utilities are available and accessible nearby.
|--||New Value: $2,295,000|
|12/7/2012 7:20:00 AM||New Value: $2,195,000|
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