Prime Development Opportunity With Existing Residence And Approvals

This four point thirty-eight-acre property in Lovettsville, Virginia is zoned Residential One and offers multiple development possibilities. The site previously received town approval for a forty-two-unit assisted living facility, providing a valuable entitlement in place for a senior housing project. Alternatively, the layout could potentially be revised to accommodate a residential subdivision at approximately four homes per acre, which may yield around seventeen to eighteen single-family lots, subject to confirmation and updated approvals from the town. The property is currently improved with an existing one thousand five hundred-square-foot single-family residence, which could serve as interim rental income, a project office, or be incorporated into a future development plan.