Attention investors!! Due to how the lots were initially sold (or oversold) in 'Grand Opening Day Sale' fashion, the true value of the lots on the open market is coming to light. Statistically the average loss in Stillwater is about 39%. This lot sold originally for $99,900! So at $59,900 it's a very good buy. It could very possibly have a lake view once cleared out. In the first picture I tried to capture it. There is a community path to the lake, a 2-hole practice course and outdoor fitness center. It is very peaceful there.If you are a builder, there are great opportunities to spec out some lake homes. In that loss, equity is still there. If you build, the home should absorb that loss difference. Call me and we can talk more about all this, Some restrictions as there is no local zoning. 1400 sq ft min build, not mobile homes or campers, No livestock. Barndominiums acceptable with approval if they meet the design and material requirements.
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