Based on a 30-year fixed rate of 5.88% with 20% down. [ Change
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Property Description
$2,900,000 , Located in 108.2500, GLEN CARBON. ZIP Code: 62034
DEVELOPERS DREAM PROPERTY!! 108 Acres of the most prime ground located in the heart of Glen Carbon waiting to be developed! This property affords multiple options for residential development or multi-use. Public sewer gravity flows, water, gas & electric close by. Major highways for quick access to St. Louis or Lambert International Airport. The property in the Edwardsville School District but it also has nearly 5000 ft. of frontage on 2 of Madison County Transits Bike Trails. $5 million in upgrades have been completed South to Highway 162 & Maryville Christian, Father McGivney schools & Anderson Hospital. The front of the property on Old Troy Rd. consists of approximately 21 acres that would be ideal for a PUD & MULTI-USE. The west part across the Goshen Trail could be divided into 4 or 5 Five acre parcels along with being subdivided into a significant number of homesites w/ many walkout, wooded lots & possibly a lake! The existing farmhouse and approx. 14 acres are under contract.
Approximate lot size is 4,715,370 Acre(s) Elementary School: Edwardsville Dist 7 Middle School: Edwardsville Dist 7 High School: Edwardsville Master bedroom is N/A Bedroom #2 is N/A Bedroom #3 is N/A Bedroom #4 is N/A Bedroom #5 is N/A
Living room is N/A Familiy room is N/A Kitchen is N/A Dining room is N/A Laundry room is N/A
MLS#: 18045038
Listing ID: 172493
Updated: 4 hours and 20 mins ago
Days on site: 832 days
Listing provided by
Jim Reppell
Re/max Alliance
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