3975 Pacetti Rd - Chapman Crossing

40.5 Acres of Residential Land Offered at $9,000,000 in St Augustine, FL 32092

INVESTMENT HIGHLIGHTS

  • Zoned Open Rural for versatile development opportunities
  • Ideal for investors seeking to capitalize on land and residential development
  • Potential for creating a unique and tailored residential community
  • Prime location in the sought-after St. Augustine area
  • Private Equestrian Estate with Luxury Residence and Out-Buildings
  • Strategic investment opportunity in a growing real estate market

EXECUTIVE SUMMARY

This 40.50-acre tract benefits from a strategic position just south of the signalized intersection of International Golf Parkway and State Road 16, within one of the most rapidly developing commercial, retail, and residential areas in St. Augustine and St. Johns County. Located one mile south of two Publix-anchored shopping destinations, the Shoppes at Murabella and Parkway Village of St. Johns, the property offers significant development potential. It boasts 928 feet of frontage along Pacetti Road, with an average depth of 1,700 feet, and is currently zoned as Open Rural with a Future Land Use designation of Residential-A. With its generous size and proximity to major transportation routes such as Interstate 95 and the proposed First Coast Expressway/CR 2209, along with nearby thriving residential communities like King & Bear, Murabella, SilverLeaf, Durbin Park, and Beachwalk, the site is versatile enough to support various development pursuits, pending appropriate regulatory approvals. The property, owned and occupied as a private equestrian estate for the past 30 years, features a 5,561-square-foot single-family home, two stables with 14 stalls, equipment storage buildings, fenced pastures, and riding arenas, making it turnkey for single-family estate style living but poised and ready for future development. Potential uses include a private equesterian estate, a residential subdivision development with estate size lots, an equestrian-themed community, or a mixed-use commercial and residential project, subject to proper regulatory approvals. Alternatively, the property could serve as a special event facility while planning and financing for more profitable development are underway. St. Johns County's rapid population growth—it is the 11th fastest-growing county in the U.S. and the 5th in Florida—creates high demand for prime sites like this one.

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PROPERTY FACTS

Price $9,000,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 40.50 AC

1 LOT AVAILABLE

Lot

Price $9,000,000
Price Per AC $222,222.22
Lot Size 40.50 AC

PROPERTY TAXES

ZONING

Zoning Code Open Rural/Res A Land Use (Open Rural Zoning with Res A Land Use St. Johns County)
  • Listing ID: 34674115

  • Date on Market: 1/31/2025

  • Last Updated:

  • Address: 3975 Pacetti Rd, St Augustine, FL 32092