15 Red Brook Road - Fully Permitted for 20-Units 3.6 Acres of Residential Land Offered at $1,900,000 in Wareham, MA 02532
EXECUTIVE SUMMARY
Marcus & Millichap is excited to present the Settler's Glen development site located in Wareham, MA. The 3.6 acre site has been permitted for 20 units, including 10-duplexes. As currently planned, there will be 10 two-bedroom homes and 10 three-bedroom homes. All units will have 2 car garages, 2.5 baths, an open concept living area on the first-floor and back patios. Five of the units will be income restricted to households earning at or below 80% of Area Median Income.
The ulitilies including Eversource Electricity and public water/sewer is available in the street with exisiting easement. Pole mounted utilities exist along Red Brook Road and have been brought to the entrance of the site. The Winslow 2-Bedrooms and Alden 3-Bedrooms will range in size from 1,650-1,975 square feet. The buildings are spaced approximately 25 feet apart and accessible at grade.
The property is near Cape Cod Canal, Buzzards Bay, the new Wareham Crossing retail shopping center along with local beaches, Bay Pointe Golf Club, Massachusetts Maritime Academy and UMass Amherst Cranberry Station extension school. The location offers opportunities for access everything Cape Cod has to offer including shopping, services, restaurants, and recreation areas to individuals who do not drive via the MBTA GATRA bus.
The ulitilies including Eversource Electricity and public water/sewer is available in the street with exisiting easement. Pole mounted utilities exist along Red Brook Road and have been brought to the entrance of the site. The Winslow 2-Bedrooms and Alden 3-Bedrooms will range in size from 1,650-1,975 square feet. The buildings are spaced approximately 25 feet apart and accessible at grade.
The property is near Cape Cod Canal, Buzzards Bay, the new Wareham Crossing retail shopping center along with local beaches, Bay Pointe Golf Club, Massachusetts Maritime Academy and UMass Amherst Cranberry Station extension school. The location offers opportunities for access everything Cape Cod has to offer including shopping, services, restaurants, and recreation areas to individuals who do not drive via the MBTA GATRA bus.
PROPERTY FACTS
| Price | $1,900,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units - Condo |
| Total Lot Size | 3.60 AC |
| Zoning | MR30 |
1 LOT AVAILABLE
Lot
| Price | $1,900,000 |
| Price Per AC | $527,777.78 |
| Lot Size | 3.60 AC |
3.6 acre site has been permitted for 20 units, including 10-duplexes. As currently planned, there will be 10 two-bedroom homes and 10 three-bedroom units.
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