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WOW! ONCE-IN-A-GENERATION OPPORTUNITY TO OWN THE LARGEST RESDENTIAL LOT IN DOWNTOWN CARMEL. HAVE YOU WANTED TO LIVE IN THE WALKABLE DOWNTOWN, BUT SIMPLY DON'T WANT A SMALL HOUSE ON A TINY LOT? WELL, EVEN WITH THE 35% LOT COVERAGE RULES IN DOWNTOWN CARMEL, YOU CAN BUILD OVER 12,000 SQ.FT HOUSE ON THIS LOT W/ POOL & BE W/IN ZONING RULES W/OUT REQUESTING A VARIANCE. STEVE GOLDBERG HAS DESIGNED A UNIQUE 11,000 SQ.FT HOME W/ 2 BEDRM BONUS APT FOR THIS LOT & SELLERS ARE WILLING TO SHARE THOSE PLANS. HIS CREATIVITY CREATED A MASTERPIECE W/ AN ELEVATION FITTING IT PERFECTLY W/ CARMEL CHARM, YET OFFERING AN ESTATE FILLED W/ INDOOR/OUTDOOR LUXURY ENTERTAINING SPACE. CURRENT OWNER CHANGE-OF-PLANS CREATES A ONE-OF-A-KIND OPPORTUNITY. IF THIS LOT PRICE IS OVERWHELMING OR IF YOU DON'T WANT A LOT THIS LARGE, THE LOT IS EASILY DIVISIBLE INTO TWO .6 ACRE LOTS. BUILD ON ONE & SELL THE OTHER. AN ADJACENT OWNER IS ALSO OPEN TO SELLING CREATING A DEVELOPMENT OPPORTUNITY FOR 4 RESIDENTIAL PARCELS. EACH LOT IS WORTH WELL OVER $1M INDIVIDUALLY. RECENT SALE W/IN THE BLOCK: 331 W. MAIN @ $850K FOR .23 ACRES W/ INTENTIONS TO DEMO HOME. SERIOUS INQUIRIES ONLY.
DAYS ON MARKET | 27 | LAST UPDATED | 10/24/2024 |
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TRACT | Carmel Arts District | YEAR BUILT | 0 |
COMMUNITY | 2910 - Hamilton - Clay | COUNTY | Hamilton |
STATUS | Active | PROPERTY TYPE(S) | Lot/Land/Acreage |
Elementary School | Carmel Elementary School |
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Jr. High School | Carmel Middle School |
ADDITIONAL DETAILS | |
AREA | 2910 - Hamilton - Clay |
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LOT | 1.195 acre(s) |
LOT DESCRIPTION | City Lot, Level, Wooded |
SEWER | Public Sewer |
SUBDIVISION | Carmel Arts District |
VIEW | Yes |
VIEW DESCRIPTION | Trees/Woods |
WATER | Public |
ZONING | R-2 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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© 2024 Metropolitan Indianapolis Board of REALTORS®
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