1980 Live Oak St, Beaufort, NC 28516

Property Description

DEVELOPMENT ALERT! Exceptional opportunity to acquire approximately 41.58 acres in a highly desirable Beaufort, NC location. Offered at $4,500,000, this substantial wooded tract features approximately 361 feet of road frontage along Live Oak Street and presents a rare opportunity for developers, builders, investors, or those seeking an exceptional private estate property. Currently zoned R-20 Residential, the size and location of this property offer exciting possibilities for a residential subdivision, estate-lot community, or private coastal estate, subject to applicable governmental approvals. With over 41 acres to work with, a developer has the opportunity to explore a variety of potential layouts while taking advantage of the property's natural setting and desirable Beaufort location. Adding to its appeal, the property is situated with views toward the North River, creating the potential for homesites designed to capture the area's beautiful coastal surroundings. The approximately 361 feet of Live Oak Street frontage may also provide an opportunity to explore alternative or commercial uses along the road frontage while utilizing the balance of the property for residential development, subject to rezoning and all applicable approvals. Utility options may include individual septic systems, subject to soil evaluations and permitting, or the possibility of accessing public sewer should service, capacity, annexation and connection be approved by the appropriate authorities. Large undeveloped tracts of this size in desirable Beaufort locations are increasingly difficult to find. Whether envisioned as a residential subdivision, estate-lot development, mixed-use concept, private compound, or long-term investment, this 41.58-acre property offers tremendous potential. Builders, developers and investors--bring your vision! With significant acreage, Live Oak Street frontage, North River views and a strategic Beaufort location, this is an opportunity worthy of serious consideration.