5117 Cherry Wood Dr, Naples, FL 34119

$4,900,000
List Price
$4,900,000
Listing Price
$4,900,000
Price Change
▼ $1,000,000 1616113568
Days on Market
325
MLS#
221016543
County
Collier
Region
NA22 - S/O Immokalee Rd W/O 951
Development
Logan Woods
Subdivision
Logan Woods
Lot Type
Residential Lot
Land Use Code
00-Vacant Residential
Parcels
4
Acreage
17.5
Lot Size
762,300
Approx. Lot Size
929x824x935x814
County
Collier
Region
NA22 - S/O Immokalee Rd W/O 951

Property Description

INCREDIBLE AND VERY RARE OPPORTUNITY-PRIME VANDERBILT BEACH ROAD CORRIDOR- 17.5 ACRES PROVIDING 930 FEET OF ROAD FRONTAGE ON VANDERBILT BEACH ROAD AND 937 FEET ON CHERRY WOOD DRIVE! Total of 4 contiguous parcels; Tax ID's numbers; 41829320001(Improved SFR); 41827320003, 41829361002, 41829400002(3 Vacant). Use Existing Single Family Home and hold for long term investment; or use the existing home as a Guest House and build private new single family estate compound that could include large estate home, equestrian stables. Large detached Building 30 ft x 51ft with workshop and space for approx. 9 cars, Boats or Motorhome. The parcel with SFR 2.93 ac is full fenced with Elec. Gate. County Approval required for re-development that may incl. 12 individual home sites or multi-family use(permissible by special exception only). Ideally suited for County approved Provisional Uses that include: ASSISTED LIVING FACILITY, Churches or other places of worship, Public, private and parochial schools, colleges having a Conventional academic curriculum; Social and Fraternal organizations, owner occupied child care centers, children's homes and rehab. centers.

Additional Information

Road
County Maintained, Paved Road
Water
Well
Sewer
Septic
Waterfront Description
None
Boat Access
None
View
Landscaped Area, Wooded Area
Irrigation
Well
Planned Use
Transition, Worship
Lot Description
4 Lots, Horses Ok, Oversize
Lot Size
17.5
Restrictions
None
Total Tax Bill
$2,394
Tax Year
2019

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Current Property Management.

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