Waterfall Way - Lake Forest Subdivision | Westlake, OH 44145
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Waterfall Way - Lake Forest Subdivision
Westlake, OH 44145
Westlake/Avon Proposed Subdivision PHASE V · Land For Sale
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25.97 AC
INVESTMENT HIGHLIGHTS
- Prime Development Property with preliminary approval.
- Average lot sales price to be $150,000.
- Lots exceed 20,000 SF to support Luxury Home builds.
- Projected operating margin to be 51.5%.
PROPERTY FACTS
| Property Type | Land | Proposed Use | Master Planned Community |
| Property Subtype | Residential | Total Lot Size | 25.97 AC |
| Zoning | Major Subdivision - Res | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Master Planned Community |
| Total Lot Size | 25.97 AC |
| Zoning | Major Subdivision - Res |
DESCRIPTION
Wooded and ready for clearing and development to your specifications or per the preliminary approval from Westlake. The property extends from the previous Phase I - IV. This property is an extension of successful builds with home prices from $975,000 - $2,000,000+. . The demographics in the area support luxury housing with great schools and a sophisticated country living feel.
PROPERTY TAXES
| Parcel Number | 211-09-016 | Improvements Assessment | $0 |
| Land Assessment | $1,176,000 | Total Assessment | $1,176,000 |
PROPERTY TAXES
Parcel Number
211-09-016
Land Assessment
$1,176,000
Improvements Assessment
$0
Total Assessment
$1,176,000
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