Old South Plantation

Vacant Land for Sale
Catylist Listing ID: 30827312
Property Subtypes: Residential (Single Family)
Gross Land Area: 30 Acres
Sale Price: $900,000
Unit Price: $30,000 Per Acre
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/13/2023

Overview / Comments

Nice parcel of land in the Old South Plantation. One section already complete. This section already plated for 116 lots, 42 of which are already sold to another developer. Zoned R 2 for residential development. City water & sewers available. This property is prime for a developer to jump right in and complete the infrastructure of the remainder of a top notch subdivision.
Approximately one third of the acreage, roughly 15 acres, or 42 lots, have been purchased. Approximately 30 acres, or 72 lots remain for sale. Once the infrastructure is in place for these lots, they will be ready for home construction at a discounted cost per lot!
The buyer will be responsible for the cost of the infrastructure to service these lots. Call today for more information! Plat & restrictions available upon request.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Spencer
Taxing Authority: Taylorsville/Spencer County
Tax ID/APN: T2-23-24
Zoning: R-2 - Residential Zone - Multi-Family
Property Located Between: Taylorsville and Elk Creek on Hwy 44
Property Visibility: Excellent
Largest Nearby Street: Charleston St
Highway Access: Hwy 44
Airports: Louisville International
Site Description: Property includes all underground utilities, including water, sewer, electric, curb and gutter. These amenities to be installed by the buyer.
Area Description: Conveniently located community, an easy drive from the Louisville Metro area and Taylorsville Lake & State Park. Located just across from Spencer County Elementary & Middle school.
Lot Frontage: 75 ft average per lot
Lot Depth: 140 ft average per lot
Zoning Description: Residential
Part of Planned Development?: Yes
Development Name: Old South Plantation
Topography: Rolling
Easements: Pipelines, Electric Lines, Ingress/Egress, Utilities
Easements Description: water, sewer & electric.
Soil Type: Mixed
Available Utilities: Electric, Water, Sewer, Storm Drain
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,007 4,962 9,402
Median Age: 42.58 39.74 39.39
Households: 696 1,853 3,412


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