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INVESTMENT HIGHLIGHTS
- Approximately 44.5 Acres for proposed condominium, dock slip, and Boat-storage development.
- 20 dock slips in place with plans in place for 40 more. Subject to U.S. Army Corp of Engineers Approval.
- Nearby 3-bedroom, multi-unit condominiums are selling in the $450k range.
- Proposed development of approximately 120 condominium units; and 15 boat storage buildings.
- Condominium owners will enjoy access to a private beach, access to boat slips, and spectacular water views.
- 15-Min. from Marble Head, 25-Min. from Cedar Point, and 45 Minutes from Put-in-Bay & Kelly's Island
EXECUTIVE SUMMARY
the first development phase have been sold. This leaves an exciting and rare multi-family development opportunity. The property offers stunning bay views and serene private lakes. Nearby attractions such as Cedar Point, Marblehead, Kelly's Island, and Put-In-Bay provide abundant destinations.
Approximately 44.5 Acres for proposed condominium, dock slip, and Boat-storage development.
Proposed development of approximately 120 condominium units and 15 boat storage buildings.
20 dock slips in place with plans in place for 40 more. Subject to U.S. Army Corps of Engineers Approval.
Condominium owners will enjoy access to a private beach, access to boat slips, and spectacular water
views.
Nearby 3-bedroom, multi-unit condominiums are selling in the $450k Range.
15-Min. from Marble Head, 25-Min. from Cedar Point, and 45 Minutes from Put-in-Bay & Kelly's Island
DATA ROOM Click Here to Access
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Lot Size | 44.50 AC |
| Lot Size | 44.50 AC |
20.73 AC total. Southernmost AC w/ metal bldg excluded. The Cove on the Bay, LLC owns 0.285, 14.579, ~3 AC (beach/common), 2.5 AC ROW, 1 AC submerged lease. Greg & Kim Spatz own 0.235 AC(easement), 2.1705 AC. Easements, dedications, subdivision noted
DESCRIPTION
SVN is proud to present a first-class development opportunity in Vacationland, Ohio, that offers a slice of paradise for creating unforgettable memories and generating profitable returns. This rare Lake Erie-centric development opportunity is what the seller started and is ready to finish. All single-family homes & lots from the first development phase have been sold. This leaves an exciting and rare multi-family development opportunity. The property offers stunning bay views and serene private lakes. Nearby attractions such as Cedar Point, Marblehead, Kelly's Island, and Put-In-Bay provide abundant destinations.
Presented by
2965 S Danbury Rd
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