Share this with your friends
+13345184147
Camelot Properties
1106 Martin Luther King Drive, Auburn, AL 36832
- $7,000,000
- 3
- BD
- 2
- BA
- 3,230
- SqFt
- List Price
- $7,000,000
- Status
- ACTIVE
- Days on Market
- 172
- MLS#
- 182472
- Subtype
- Residential
- Year Built
- 1956
- Bedrooms
- 3
- Bathrooms
- 2
- Full Baths
- 2
- Living Area
- 3,230
- Lot Size
- 5
- Acres
- 5.20
- Subdivision
- Byrd Street
- MLS Area Major
- Auburn
Property Description
UPDATE: Both homes will convey with this beautiful property. A rare opportunity to acquire 5+ acres in one of Auburn's most desirable and rapidly growing corridors is available. This property is located less than one mile from Auburn University and is zoned CRD-W (Comprehensive Redevelopment District-West), which offers outstanding commercial and/or residential potential in an increasingly limited market. The property features a private lake/pond, mature hardwoods, scenic topography, and two existing homes. Both of the properties will convey with the property. Ideally situated near Auburn University, this is a premier development opportunity in one of Alabama's strongest growth markets. The combination of location, CRD-W zoning, extensive road frontage, natural water feature, and development potential makes this a truly exceptional investment opportunity. Properties of this size, location, and natural beauty near Auburn University are scarce. Potential opportunities (subject to zoning) may include luxury residential development, estate lots, mixed-use concepts, boutique student housing, retreat-style communities, professional office development, strategic long-term land holding, and much more.
Additional Information
- Interior Features
- Other, See Remarks
- Community Features
- Auburn
- Appliances
- Other, See Remarks
- Heating
- Electric
- Air Conditioning
- Central Air, Electric
- Stories
- 1
- Levels
- One
- Parking Features
- Attached
- Elementary School
- Richland/Creekside
- Middle School
- Richland/Creekside
How much is your home worth?
...get instant property value now!
Mortgage Calculator
Listing courtesy of KELLER WILLIAMS REALTY AUBURN OPELIKA.