Significant repositioning opportunity with strong development upside in a highly desirable location..., less than a half a mile to Lake Michigan. Walking distance to Douglas Beach. The property is ideally situated within walking distance to the yacht club and directly adjoins conservancy land that then connects to Sagatuck State Park. Offering a rare combination of privacy, natural surroundings, and access to protected dunes and trails. The setting is park like with mature trees and a canopy that creates a unique residential environment, not easily replicated.
Recent changes Allow for 10 splits on the first 10 acres (subject to City approval) , creating a substantially more valuable development opportunity then previously marketed. With additional acreage, there may be further potential to explore.
This is well suited for a developer, builder, or investor looking to create a high-end residential project in a supply-constrained area near Lake Michigan. Seller has repositioned pricing to reflect the expanded potential and is ready to move on the right opportunity.
Includes 3 parcels, 57-008-007-00, 57-008-009-10, 57-008-011-00
