$1,060,000

Umatilla, lake county, Parcel is zoned R-3, 3 homes per acre. Fronts both CR450, and Roger Giles Rd, both paved roads. Parcel is designated Suburban on the county future land use map, which has a density of one home per five acres. A land use amendment from Suburban to Urban Expansion would allow the underlying zoning density of 3 homes per acre for a planned unit development.
New city park located at roger giles and CR450 which is just .6 mile from property has city water/sewer at site. Property has approx. 13 acres of natural depression, with 3 spring-fed areas, and a small 5 acre lake.
Excellent development parcel. Prices and real estate market is beginning to move upwards. Potential of 275 lots. Ideal for development or hold for future development.
Price $1,060,000.00, can divide parcel into two separate pieces.


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