Description
This 4.38-acre property in Lovettsville, Virginia is zoned R-1 and offers multiple development possibilities. The site previously received town approval for a 42-unit assisted living facility, providing a valuable entitlement in place for a senior housing project. Alternatively, the layout could potentially be revised to accommodate a residential subdivision at approximately four homes per acre, which may yield around 17 to 18 single-family lots, subject to confirmation and updated approvals from the town. The property is currently improved with an existing 1,500-square-foot single-family residence, which could serve as interim rental income, a project office, or be incorporated into a future development plan.
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0BEDS
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4.38ACRES
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0BATHS
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01/2 BATHS
Description
This 4.38-acre property in Lovettsville, Virginia is zoned R-1 and offers multiple development possibilities. The site previously received town approval for a 42-unit assisted living facility, providing a valuable entitlement in place for a senior housing project. Alternatively, the layout could potentially be revised to accommodate a residential subdivision at approximately four homes per acre, which may yield around 17 to 18 single-family lots, subject to confirmation and updated approvals from the town. The property is currently improved with an existing 1,500-square-foot single-family residence, which could serve as interim rental income, a project office, or be incorporated into a future development plan.
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