11407 Gravelly Lake Dr: The Last Residential Development Opportunity On Gravelly Lake.
The property located at 11407 Gravelly Lake Dr consists of 3.35 acres of unobstructed Gold Coast water frontage with an existing 8,200 SF, 4 bedroom 4 bath estate. The existing house includes an 8+ car garage, 2 guest houses, a wine-cellar, theater, in-ground pool, tennis court, and many other luxury amenities.
The vast majority of estates on Gravelly lake are smaller than 1 acre. 11407 Gravelly Lake Dr has the potential to be sub-divided into 3 residential lots, and 2 more luxury, high-end homes be built.
The upside to developing & selling 2 residential homes on Gravelly Lake would exceed our For Sale price by $______.
For detailed information regarding potential for sub-division, please see the designs created by _______ Engineering below.