About this home
Oversized lot on LAKE JEAN. There is an extended area behind the lot to the water that gives the appearance of a much larger lot than the .3 acres that this lot has. Growing area near McArthur Blvd. and Grant Blvd. Not far from schools and shopping. Buy now and build or hold for future investment. Seller has additional lots available for a potential package deal. This property is located in the East Lehigh Opportunity Zone. The Opportunity Zone Program aims to foster economic development and job creation in economically distressed communities. It was created by the Federal Tax Cuts and Jobs Act of 2017 to encourage businesses, developers and financial institutions to invest long-term capital in low-income census tract areas. Tax benefits can accrue once unrealized capital gains from other investments are rolled into Qualified Opportunity Zone Funds. Benefits include deferred taxes, reduced taxes and the rolled over capital gain appreciates tax-free.
Listing last checked: Listing updated:
Listed by Fred Elliott · Coldwell Banker Preferred Properties · MLS #2026019254
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Details at a glance
Building1 property facts
- Style
- Residential
Land & utilities4 property facts
- Lot size
- 0.3001 acres
- Water
- None
- Sewer
- None
- Waterfront
- Y
Financial3 property facts
- Annual taxes
- $434
- Assessment year
- 2025
- HOA fee
- $0 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $29,900 asking price. Adjust the assumptions to your situation.
Known monthly costs$187 / monthAdjust
- Principal & interest
- $151
- Property tax
- $36
- Insurance
- Not entered
- HOA
- $0
Listing annual taxes: $434. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.
Partial estimate: add insurance to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 385 McArthur Boulevard
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Request a tour of 385 McArthur Boulevard and a Bean Group agent will help coordinate an available time with the listing side.
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