A 1.11-acre parcel on the south side of Donegal Bay Road at the west end of the Karnes Woods Subdivision. (Just across the road from the eastern “Y” of Ed & Connie Wojan’s home driveway.) This Parcel A of Karnes Woods is 180 feet wide and 270 feet deep. This is a wooded parcel that is flat with relatively thin woods but large pines and oaks many of which can be kept as part of a nice landscaping arrangement. This parcel is zoned “H” Harbor District which means that it can be used for a single-family home, any commercial business allowed in the “H” zone, and multiple family dwellings (apartments or condos).
Since it is at the very west line of the Harbor District it would make a nice, very large home site with plenty of room for accessory buildings; it would be contiguous with a 40-acre parcel to the west that is likely to be used for a residential subdivision. This very large lot is one of only two lots in the Karnes Woods Subdivision that is not part of the Association and which is not subject to any of the restrictions of that subdivision. An owner of this Parcel A therefore has more flexibility for use.
The Seller was going to build a nice duplex setup on this lot for a good two-family rental income property. Seller paid $50,000 for this lot a few years ago. Seller is willing at the asking price to arrange a very attractive land contract purchase with a $10,000 downpayment and comfortable monthly or quarterly payments at 5% interest.
PRICED SLASHED TO ALMOST 1/2 OF THE ORIGINAL ASKING PRICE
Asking price $35,000.