Preston, MN 55965
Presales! Scenic acreage located near the Preston Veterans Home. Rolling topography, lot sizes ranging from one-third to over one-half acre. The owner is in the process of creating 16 lots, 8 of which are along the Preston Golf Course, and 8 w/wooded rear yards. Buildable lots will be created using a portion of the 27 acres parcel, subdivision subject to govt. approval. Opportunity for builders, a developer, a land exchange, or private buyers to purchase one or all of the lots. Other property features: paved street, protective covenants, city new construction housing incentives. Once 6 or more lots are sold, the land owner will contract city infrastructure. The city feasibility study suggests an approx. additional $28,000/lot for infrastructure. Payment for infrastructure not due until closing. Land costs: Most lots are either $19,950, or $29,950, see agent's docs for the preliminary certificate of survey and lot pricing. $5,000 down payment per lot. Contact agents with questions.
Listing Office: Infinity Real Estate
Last Updated: April - 14 - 2021
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Sunday 18th of April 2021 07:43 AM