Views
Listed By:
ERA Liberty Realty
Address
56.47 acres off Dry Run Lost Road, Martinsburg, WV
Price
$ 2,750,000
Property Attributes
  • MLS#WVBE2025340
  • TypeLand
  • CountyBERKELEY
  • CityMartinsburg
  • Zip25403
  • StyleAgriculture
  • Taxes$ 1000
  • Price$ 2,750,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size56.47 Acres
Data Source:
Bright MLS
Property Description

We are pleased to present a remarkable large land parcel spanning 56.47 acres, now available for sale. This property offers tremendous potential for development and comes with two renderings dated October 2008, showcasing the possibilities that await its future owner. The first rendering outlines a thoughtfully designed plan featuring 138 lots, each with a minimum area of 7,500 square feet. This layout incorporates essential elements such as stormwater management, right of ways, a commercial lot, and common areas. The focus is on creating a harmonious and well-planned community. Moving on to the second rendering, it presents an exciting vision for 210 lots. Among these, 109 lots covering 24.3 acres are designated for single-family homes. Additionally, there is a generous 4.7-acre section allocated for stormwater management and open space, preserving the natural environment while providing residents with a serene atmosphere. In addition to the single-family lots, the property offers an opportunity for the construction of 57 townhouse units, elegantly arranged across 2.8 acres. A reserved area spanning 3.7 acres has been set aside for parking and open space, ensuring convenience and recreational amenities for the townhouse residents. Further enhancing the property's potential, there are plans for 12 proposed duplexes and 32 quad units, occupying 2.6 acres. This diverse range of housing options caters to various preferences and lifestyles, providing flexibility for prospective buyers. One of the notable advantages of this property is its access to public water and sewer services, which significantly streamlines the development process and adds convenience for future residents. To address any environmental concerns, the seller is committed to completing a new Phase 1 environmental assessment upon the acceptance of an offer. This reassures potential buyers that the property meets the necessary environmental standards and ensures a smooth transition of ownership. Beyond its development potential, this property boasts a captivating natural landscape. The gentle roll of the land creates an aesthetically pleasing setting, rising gracefully from Dry Run Road to provide a picturesque overlook of the valley. Here, breathtaking sunrises and sunsets await, offering residents daily moments of tranquility and natural beauty. Given the vast potential of this property, the seller may consider a takedown schedule, allowing for a phased approach to development or sale. In summary, this large 56.47-acre land parcel presents an extraordinary opportunity for development. With its thoughtfully designed renderings, access to public utilities, commitment to environmental assessment, and breathtaking landscape, this property is truly exceptional. Don't miss the chance to transform this land into a thriving community or an investment opportunity tailored to your vision.

Price History
12/31/2023 Listed $2,750,000

General Features

Sewer Public Sewer
Possession Settlement
Zoning NO ZONING
View Panoramic,Pasture,Scenic Vista,Valley
Topography gently slopes upward from Dry Run Road
Property SubType Land
Tax Year 2022
Current Use Agriculture
Percent Ownership Fee Simple
County BERKELEY
Property Type Land
HOA / Comm Assn No
Water Access Y/N No
Status ACTIVE
Directions From interstate 81 take exit 14 Dry Run Road and turn west. See sign on land on left.
ModificationTimestamp 2024-03-26T11:07:50
City MARTINSBURG
Buyer Agent Compensation 3
Lot Size Square Feet 2459833.20
Tax Assessed Value 21700.0
Waterfront Y/N No
Street Name LOST ROAD
Tax Annual Amount 1000.0
Clean Green Assessed Y/N No
Price Per Sq Ft 1.12
Acceptable Financing Cash,Contract,Conventional,Farm Credit Service
Additional Parcels Y/N No
Historic Y/N No
Vacation Rental Y/N No
Days on Market 122
Standard Status Active
Buyer Agent Compensation Type % Of Gross

Exterior Features

Water Source Public
Water View Y/N No
Lot Size Acres 56.47
Lot Size Units Square Feet
Lot Size Source Estimated
Topography Description gently slopes upward from Dry Run Road
Navigable Water Y/N No
Water Oriented Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 25403

Price
AVG $1.03M
$2.75M
Taxes
AVG $722
$1,000
Visits
AVG 135
198
Data Provided by Inside Real Estate®

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