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R11 / 28b Mt Hope Road, Sanford, ME 04073

$4,500,000
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New to the Market Active
LOT SIZE 46.800 acres MLS#1681253
STATUSActive PROPERTY TYPELand - Lot/Land

Property Description

46.8 acres in Sanford's RD zone with a base density of up to 6 dwelling units per net acre and potential for up to 10 dwelling units per net acre through the RD bonus-density provisions. The density potential creates a significant opportunity for a residential development project with the ability to maximize the site. The property has already undergone significant preliminary development due diligence, including wetland delineation and impact documentation, NRPA Tier 1 permitting materials, topographic and boundary mapping, stormwater and erosion-control documentation, natural-resource review, and residential development planning. Utilities are located along Mt. Hope Road, providing existing utility access for the proposed development. A project pro forma is also included in the development package. Located near established residential neighborhoods, Sanford's growing amenities, golf courses, and the Sanford Seacoast Regional Airport, the property offers convenient access to Mt. Hope Road and surrounding communities. With significant acreage, substantial density potential, and preliminary development work already completed, this property presents an opportunity for developers, investors, and contractors looking to pursue a sizable residential project in Sanford. Contact the broker for access to the complete development packet and supporting materials.

R11 / 28b Mt Hope Road | MLS# 1681253

This land located at R11 / 28b Mt Hope Road, Sanford, ME 04073 is currently listed for sale with an asking price of $4,500,000. The property has approximately 46.80 Acres. Search Sanford real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Land - Lot/Land
Lot Size: 46.80 Acres
Taxes: $1,648

Feature Descriptions

Electric: No Electric
Lot: Near Golf Course, Near Turnpike/Interstate, Near Town, Rural, Level, Open Lot, Other, Wooded
Parking: Other, Other Parking
Sewer: None
Special View Info: Trees/Woods
Water: None
Wooded: Yes

Listed By / Shown By

Listed By

Agency Name: Harborview Properties, Inc.
Agent Name: Francis Curran
Agency Phone: 207-878-7802

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Estimated Payment

$ 11,464.88 per month $10,015.05 Principal & Interest $137.33 Property Tax $1,312.50 Homeowner's Insurance

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