Oceanfront Building Opportunity in Cordova Bay
This nearly half-acre oceanfront lot in Cordova Bay presents a prime opportunity for a creative buyer. Located in a highly desirable area with city water and sewer connections, this property offers potential for a distinctive build. The sloped terrain calls for innovative construction, promising a rare chance for those willing to invest in the transformation. Zoned for a single-family dwelling, the sellers have designed a passive home with available schematics and a builder eager to undertake the project. Consider purchasing alongside the adjacent lot at 4569 Cordova Bay Road (MLS 970370) for nearly a full acre of development potential.
Data was last updated October 18, 2024 at 06:05 AM (UTC)
Area Statistics
Listings on market:
46
Avg list price:
$1,812,500
Min list price:
$599,000
Max list price:
$6,150,000
Avg days on market:
44
Min days on market:
3
Max days on market:
175
Avg price per sq.ft.:
$750.28
These statistics are generated based on the current listing's property type
and located in
SE Cordova Bay. Average values are
derived using median calculations.