Wildwood Lakes Phase I & II

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30758037
Property Subtypes: Residential (Single Family)
Status: Pending
Gross Land Area: 91 Acres
Sale Price: $525,000
Unit Price: $5,769 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/5/2021

Overview / Comments

Wildwoods Lakes Phase I & II
This 91 acre parcel had a D.O. in place for up to 54 lots in 2006.. All lots were at least one acre in size. The developer did not complete Phase I & II and the Development Order expired. A local engineering company has all or most of the original drawings and documents used to get the D.O. in 2006. Having a local engineering firm with the original drawings and documents on file should help a new buyer expedite the D.O. application process. Demand for one acre homesites is at an all time high. Difficult to find a 91 acre developmental parcel like Wildwood Lakes PH I & II. smart investment. When developed lots will require well & septic. CHELCO electric is to the property.

Additional Details

Nearest MSA: Crestview-Fort Walton Beach-Destin
County: Walton
Tax ID/APN: 23-3N-20-28000-011-0070
Zoning: RURAL VILLAGE
Property Located Between: Crestview & Defuniak Springs
Legal Description: parcel # 23-3N-20-28000-011-0070
Largest Nearby Street: US Hwy 90
Airports: DeFuniak Springs
Zoning Description: Rural Village with a Density of two units per acre
Part of Planned Development?: Yes
Development Name: Wildwood lakes I & II ( D.O. expired )
Water Service: Well, None
Sewer Type: Septic

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,171 8,338
Median Age: 38.84 37.73
Households: 1,639 3,289

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