Izaak Walton Rd, Amherst, VA 24521

Property Description

Rare opportunity to acquire an 80 plus acre, fully approved subdivision with 17 build ready lots. New Construction homes within 1mi on these size lots sell for $400,000 to $480,000. With 17 lots this creates a potential retail sellout value of $7,500,000. The Lots range from approximately 2 to 4 acres and feature completed road frontage for each, providing immediate development potential. County water and sewer are available to a portion of the subdivision, with remaining lots for well and septic. The property offers gently rolling to mostly level topography, making site development efficient and cost-effective. Utilities, including power, are available. A natural spring and pond enhance the property's appeal and marketability. Save years of engineering, entitlement, and approval work with a project that is ready for builders and developers to begin construction. Ideal for custom homes, spec homes, or a phased development strategy in a growing market with strong demand for larger lot.