$450,000
There is nothing else like this on Lake Greenwood. Whether you are a developer looking for a major residential opportunity or a buyer searching for 18.09 acres to keep for yourself, this tract in Ashton Park is an exceptionally rare find. Located directly across the street from Lake Greenwood in an established lakefront community, the property offers the potential for approximately 18 one-acre single-family homesites or the freedom to create one private homesite surrounded by substantial acreage while still enjoying community lake access. Ashton Park is already an established residential community with existing homes, roads and infrastructure in place. Homeowners enjoy access to Lake Greenwood through a private community boat ramp and common area, giving future interior homes the advantage of true lake access without requiring waterfront lots. City water is available, adding another major benefit when evaluating the property for residential development. The location is another significant advantage. Grocery shopping, dining, medical offices and dental offices are just minutes away, while the property is within 10 miles of the town of Greenwood. It also offers convenient access to the new and expanding industries along Highway 246 and the medical district surrounding Self Regional Healthcare, putting employment, healthcare and everyday necessities within easy reach. There is already strong residential value established within Ashton Park. A recently sold interior home closed at $495,000, providing an important benchmark for what buyers are willing to pay in the community. At the same time, HOA dues are only $75 per year, an exceptionally low annual cost for a neighborhood offering Lake Greenwood access. For a developer, this is more than acreage. It is the chance to create an entire collection of new homes in a proven Lake Greenwood community where the neighborhood, lifestyle and buyer appeal already exist. That is what makes these 18.09 acres such a significant development opportunity. The groundwork is already here. The opportunity is what comes next. For the right developer, this tract offers the scale and setting to create something substantial on Lake Greenwood. And the opportunity is just as compelling for someone who wants to keep all 18.09 acres for themselves. Large acreage within an established Lake Greenwood community is exceptionally hard to find, especially with the lake directly across the street and community lake access already available. Build one home and enjoy the space, wooded surroundings and freedom that come with more than 18 acres, while still having the advantages of an established neighborhood, city water, an exceptionally low HOA and convenient access to everything nearby. Whether the vision is one exceptional homesite surrounded by acreage or a thoughtfully planned collection of new homes, this property offers the freedom to decide what comes next. That kind of flexibility, in this setting and within an established Lake Greenwood community, is what makes this 18.09-acre tract truly one of a kind.
140540
MLS
18 acres Mountain Shore Drive, Greenwood
