11407 Gravelly Lake Dr: The Last Residential Development Opportunity On Gravelly Lake.

Executive Summary:

The Property:

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 Opportunity:

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.

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