Presales! Scenic acreage located near the Preston Veterans Home. Rolling topography, lot sizes ranging from one-third to over one-half acre. The owner is in the process of creating 16 lots, 8 of which are along the Preston Golf Course, and 8 w/wooded rear yards. Buildable lots will be created using a portion of the 27 acres parcel, subdivision subject to govt. approval. Opportunity for builders, a developer, a land exchange, or private buyers to purchase one or all of the lots. Other property features: paved street, protective covenants, city new construction housing incentives. Once 6 or more lots are sold, the land owner will contract city infrastructure. The city feasibility study suggests an approx. additional $28, 000/lot for infrastructure. Payment for infrastructure not due until closing. Land costs: Most lots are either $19, 950, or $29, 950, see agent’s docs for the preliminary certificate of survey and lot pricing. $5, 000 down payment per lot. Contact agents with questions.
Cathy Enerson
Infinity Real Estate
507-951-3532
Cathyenerson@gmail.com
Lori Metcalf, REALTOR®
Infinity Real Estate and Management Group
507.202.0911
Lori@LoriMetcalf.com
LoriMetcalf.com
Park Lane & Fillmore Street. Multiple lots for sale for developers.
The City of Preston is SEEKING developers for land referred to as Park Lane – An infrastructure cost feasibility study is in progress.
Contact: Preston EDA at 507-765-2153 or email gkinneberg@prestonmn.org