Skip To Content

    126 Forest Lake

    STEPHENS CITY, VA 22655
    • $2,945,000
    • STATUS: Active
    • ON SITE: 161 Days
    • ID#: VAFV163966
    UPDATED: 63 min ago
    $2,945,000
    • 0
      BEDS
    • 80.5
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    INVESTOR OPPORTUNITY - CLOSE TO ROUTE 277 and I81. Property is in the Frederick County's Urban Development Area (UDA) and the Sewer & Water Service area (SWSA). Initial concept cited as a mixed use project consisting of 35 acres for single family homes, 20 acres of townhouses, 10 acres commercial, & 15 acres green space. The property is located just south of Stephens City, VA in Frederick County's Urban Center Area under the Route 227 Triangle and Urban Center Land Use Plan. It is included in the expanded boundaries of Frederick County's Urban Development Area (UDA) and Sewer and Water Services Area. The property has easy access to I-81 and State Route 277. The property is currently zoned RA-Rural Area, but is proposed to be zoned to the new Traditional Neighborhood Design by Frederick County's Planning and Development Department. This will allow the property to be rezoned and enjoy a wide variety of uses including B1 and B2 commercial uses, live-work options with living areas over the commercial. The additional living areas will not deduct from the residential density of the project. The highest and best use for the property would be a mixed use project consisting of 30% public use and open space, 40%to 50% commercial use under the B1 and B2 zoning districts, and 20% to 30%Residential under the RP zoning district at 16 units per acre. Possible opportunity for Investors looking for a 1033 Exhange (Lifetime Exchange). Approximately Less than 15 minutes from the Winchester Regional Airport (OKV) and around 1 Hour to Dulles International Airport (IAD).

    Monthly Payment Calculator



    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or ExecuHome Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-10-23T19:50:39.563.
    www.execuhome.com/homes/117207460
    Print Image

    126 Forest Lake STEPHENS CITY, VA 22655

    • Price: $2,945,000
    • Status: Active
    • Updated: 63 min ago
    • ID#: VAFV163966
    0
    Beds
    0
    Baths
    0
    ½ Baths
    80.5
    Acres
    County:
    Frederick
    School District:
    Frederick County Public Schools
    Property Description
    INVESTOR OPPORTUNITY - CLOSE TO ROUTE 277 and I81. Property is in the Frederick County's Urban Development Area (UDA) and the Sewer & Water Service area (SWSA). Initial concept cited as a mixed use project consisting of 35 acres for single family homes, 20 acres of townhouses, 10 acres commercial, & 15 acres green space. The property is located just south of Stephens City, VA in Frederick County's Urban Center Area under the Route 227 Triangle and Urban Center Land Use Plan. It is included in the expanded boundaries of Frederick County's Urban Development Area (UDA) and Sewer and Water Services Area. The property has easy access to I-81 and State Route 277. The property is currently zoned RA-Rural Area, but is proposed to be zoned to the new Traditional Neighborhood Design by Frederick County's Planning and Development Department. This will allow the property to be rezoned and enjoy a wide variety of uses including B1 and B2 commercial uses, live-work options with living areas over the commercial. The additional living areas will not deduct from the residential density of the project. The highest and best use for the property would be a mixed use project consisting of 30% public use and open space, 40%to 50% commercial use under the B1 and B2 zoning districts, and 20% to 30%Residential under the RP zoning district at 16 units per acre. Possible opportunity for Investors looking for a 1033 Exhange (Lifetime Exchange). Approximately Less than 15 minutes from the Winchester Regional Airport (OKV) and around 1 Hour to Dulles International Airport (IAD).
    Exterior Features

    Garage YN No Lot Features PondSubdivision PossibleTrees/WoodedStream/Creek Riparian Rights YN No View PondTrees/Woods Water Access YN No Water Oriented YN No Water View YN Yes Waterfront YN No

    Property Features

    Acceptable Financing CashContractConventionalJoint VentureNegotiableOtherPrivateRural Development Assessment Year 2021 Association YN No Building Permits No Building Permits Central Air YN No Condo YN No Construction Completed YN No Current Use ResidentialLand/Lot Only Federal Flood Zone YN No Historic YN No Lease Considered YN No Lease In Effect No Navigable Water YN N New Construction YN No Original MLSNumber 304596210333 Ownership Interest Fee Simple Possession ImmediateNegotiableOtherSettlement Property Sub Type Land Sale Type Standard Section A Sewer Septic Exists Tax Annual Amount 2442.00 Tax Assessment Amount 400300.00 Tax Lot 211 AND 212 Transportation Airport Less Than 10 Miles Utilities Water AvailableOther Vacation Rental YN No Water Source Well Zoning Ra Zoning Description Currently Zoned RaRaw LandBut Rezone Possible. Proposed To Be Zoned As Traditional Neighborhood Design

    Listing courtesy of Long & Foster Real Estate, Inc..


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or ExecuHome Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-10-23T19:50:39.563.
     
    https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_304596210333-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_304596210333-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_304596210333-2.jpg
    Logo
    ExecuHome Realty
    9512 Harford Road, Suite 7
    Parkville MD, 21234