Sugartree Lane - Residential LAND FOR SALE


Versailles, KY 40383 142,441 SF
$1,494,000 USD
859-310-3354
Sugartree Lane, Versailles, KY for Sale
$1,494,000 USD
Residential LAND - FOR SALE
1/19
142,441 SF

Sugartree Lane
Versailles, KY 40383


HIGHLIGHTS

  • Shovel Ready! 24 (twenty-four) fully entitled, platted and recorded Units on level 4-plex Lots, ($62,250 per pad VALUE ADD on an A plus property!
  • Along paved road in established community; quiet loop end location with no through traffic.
  • Infrastructure in place.

OVERVIEW

The $62,250 per Unit cost is a Value Add all on it's own. [24 Units x $62,250 = $1,494,000]. A rare, plug-and-play development opportunity in one of Central Kentucky's fastest-growing residential markets. This parcel within the established Sugartree community in Versailles, Kentucky is fully entitled, permitted, and utility-served — allowing a qualified builder or investor to move directly to vertical construction with zero entitlement delay. This offering represents 6(six) individually titled 4-Plex Lots, each supporting 4 townhome/condo pads all within the planned development, each designed to accommodate luxury condo / townhome construction targeting the rapidly expanding market of maintenance- free buyers. Each one of the 24 Units has its own Street Address. Typically this price range has no entitlements and terrain issues..NOT HERE!... fully entitled ready to go. The earlier phases are already designed, built and selling, providing a proven product, an established identity, and clear comparable pricing for the next builder or investor to step in and continue. Property Highlights Development Status • Fully entitled • Shovel ready — no entitlement risk, no waiting period • Natural gas and electric utilities already in place to the site • Stage 2 now open; Phase 1 completed and fully sold • Infrastructure established — roads, drainage, and common areas in place • Site Overview • All within the 23+ acre fully tree-lined Planned Urban Development (PUD) • Located off Huntertown Road, Versailles, KY 40383 • 6 lots available, each supporting 4 townhome/condo pads • 24 total pads = 24 luxury units to build and sell

FOR SALE DETAILS

PRICE

$1,494,000 USD

PRICE/ACRE

$456,881/AC

PRICE/SF

$10 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

SUGARTREE LOFTS II 24-Units, $62,250 per Pad

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Master Planned Community

LAND ACRES

3.27 AC

LAND SF

142,441 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Irene CochranMeridien Real EstateMore Info
859-310-3354

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Irene CochranMeridien Real EstateMore Info
859-310-3354

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.