441 W Main ST Active

Carmel,IN 46032

$ 1750000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Residential Lots

Listing Status Active

Purchase Type For Sale

Subdivision Carmel Arts District

MLS Listing ID 21992164

HOA Y/N No

Tax Year 2023

Lot Size 1.195 Acres

Acres 1.195

Property Description

WOW! ONCE-IN-A-GENERATION OPPORTUNITY TO OWN THE LARGEST RESDENTIAL LOT IN DOWNTOWN CARMEL. HAVE YOU WANTED TO LIVE IN THE WALKABLE DOWNTOWN, BUT SIMPLY DON'T WANT A SMALL HOUSE ON A TINY LOT? WELL, EVEN WITH THE 35% LOT COVERAGE RULES IN DOWNTOWN CARMEL, YOU CAN BUILD OVER 12,000 SQ.FT HOUSE ON THIS LOT W/ POOL & BE W/IN ZONING RULES W/OUT REQUESTING A VARIANCE. STEVE GOLDBERG HAS DESIGNED A UNIQUE 11,000 SQ.FT HOME W/ 2 BEDRM BONUS APT FOR THIS LOT & SELLERS ARE WILLING TO SHARE THOSE PLANS. HIS CREATIVITY CREATED A MASTERPIECE W/ AN ELEVATION FITTING IT PERFECTLY W/ CARMEL CHARM, YET OFFERING AN ESTATE FILLED W/ INDOOR/OUTDOOR LUXURY ENTERTAINING SPACE. CURRENT OWNER CHANGE-OF-PLANS CREATES A ONE-OF-A-KIND OPPORTUNITY. IF THIS LOT PRICE IS OVERWHELMING OR IF YOU DON'T WANT A LOT THIS LARGE, THE LOT IS EASILY DIVISIBLE INTO TWO .6 ACRE LOTS. BUILD ON ONE & SELL THE OTHER. AN ADJACENT OWNER IS ALSO OPEN TO SELLING CREATING A DEVELOPMENT OPPORTUNITY FOR 4 RESIDENTIAL PARCELS. EACH LOT IS WORTH WELL OVER $1M INDIVIDUALLY. RECENT SALE W/IN THE BLOCK: 331 W. MAIN @ $850K FOR .23 ACRES W/ INTENTIONS TO DEMO HOME. SERIOUS INQUIRIES ONLY.

Location

State IN

County Hamilton

Zoning R-2

Interior

Fireplace N

Exterior

View Y/N true

View Trees/Woods

Building

Sewer Municipal Sewer On Site

Water Municipal/City

New Construction false

Schools

Elementary Schools Carmel Elementary School

Middle Schools Carmel Middle School

School District Carmel Clay Schools

Others

Acceptable Financing Not Applic

Listing Terms Not Applic

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