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$399,900   Price Analysis
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Wallace Meadows Way
Bristol, VA 24202
Unknown bed 0 bath unknown SqFt ($0/SqFt)
19.4 acre lot.
Listed 2024-04-15
Ⓧ USDA Ineligible
due to property

near Bristol

Welcome to your turnkey

Shovel-ready development conveyed with Declarant rights and your ability to author your own story from inception to fruition. Fu lly ngineer designed and in ready go form to expand this new housing section of a wonderful community - Meadowood at Wallace. This expansion will consist of eleven duplex units and three tri-plex units with a forecasted gross sale of north of 11M upon housing being sold. The duplex units are single level and the tri-plex are planned as multi-level units with a garage below. The duplex units come with a completed architectural plan for max density in the development with a carefully designed floorplan to provide enough space for all. A master bedroom with on-suite master bath and dual vanity, a stand-alone shower and bathtub, a second and third bedroom with a jack and jill full bath, a extraordinary room with half bath and exit to a private back patio, along with a full two car garage and front porch encompasses this luxury design. Design plans will convey with the purchase for an easier start to finish process. The 400+ page application and permitting process with the county is complete to final prelim requirements and ready for recordation and bonding. Save yourself the developer hassle with this project managed solution which has required over two years of unlimited meetings with various local and state authorities. The project was managed and designed by a developer with 15 years' experience and involvement with over 200 built from scratch communities. Intended as a retirement plan as a village of cash flow via rental income, as fate would have it, the developer has had alternate life plans and is relocating out of state. The time to capitalize is now!

There are few opportunities more turn-key than one in the greater Tri-cities area and Bristol is begging for housing with a constant hoard of buyers seeking new construction. Buyer/buyers agent to verify all info. Info contained herein taken from 3rd party.


Presented by Jessica Carter at
THE ADDINGTON AGENCY.
Listing Agent Photo

Property MLS #9964534 from TNVARegionalMLS

Total Bathrooms: 0

Lot Size Acres: 19.4
Lot Size Dimensions: 19.4 ACRES
Lot Size Square Feet: 845064

Elementary School: High Point
High School: John S. Battle
Middle School: Wallace

Wallace Middle School is a public middle school located approximately 0.3 miles away.
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John S. Battle High School is a public high school located approximately 1.8 miles away.
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High Point Elementary School is a public elementary school located approximately 2.6 miles away.
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Morrison School is a private elementary, middle and high school located approximately 0.9 miles away.
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Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 624.6
Source Listing Status: Active
County: Washington
Directions: From I-81, use exit 5. Turn left onto Lee Hwy, left onto Island Rd., right onto Wallace Pike, approximately 2 miles property is on right.
Source Property Type: Land
Area: 102 - Bristol VA (County)
MLS Area Minor: 102 - Bristol VA (County)
Source Neighborhood: Not In Subdivision
Parcel Number: 141 A 34c 000000
Subdivision: Not In Subdivision
Zoning: AG
Source System Name: C2C

Listed 2024-04-15
$399,900
TNVARegionalMLS
Sold 2021-11-02
$56,500
TNVARegionalMLS

Sewer: At Road
Water Source: At Road
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garage

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.