Rare Development Opportunity in Prime Location – Dual Lot Package with Income-Producing Homes
Discover a unique investment opportunity with this rare offering of two adjacent lots totaling approximately 13,500 sqft, each currently improved with a single-family home. Zoned and ideally suited for redevelopment, the combined parcel presents the perfect canvas for constructing up to four new construction townhomes (buyer to verify).
Currently operating as successful crew houses/Airbnb rentals, both properties are fully furnished and income-producing from day one. This is an ideal opportunity for developers looking to offset holding costs with short-term rental income while planning their next project.
An added bonus: the current owner is willing to continue managing the properties, staying on with a 25% stake plus minimal additional fees to ensure seamless operations until the buyer is ready to break ground.
Whether you’re looking for a transitional income play, a turnkey development site, or a blend of both—this property offers flexibility, location, and strong upside potential.
Highlights:
13,500 sqft combined lot size
Two existing single-family homes (income-producing)
Potential to build 4 townhomes (development opportunity)
Owner-managed crew house/Airbnb business in place
Flexible transition period with optional ongoing management
Prime location with strong rental demand
Reach out today for more details, financials, and development comps—this opportunity won't last long!