About this home
46.8 acres in Sanford's RD zone with a base density of up to 6 dwelling units per net acre and potential for up to 10 dwelling units per net acre through the RD bonus-density provisions. The density potential creates a significant opportunity for a residential development project with the ability to maximize the site. The property has already undergone significant preliminary development due diligence, including wetland delineation and impact documentation, NRPA Tier 1 permitting materials, topographic and boundary mapping, stormwater and erosion-control documentation, natural-resource review, and residential development planning. Utilities are located along Mt. Hope Road, providing existing utility access for the proposed development. A project pro forma is also included in the development package. Located near established residential neighborhoods, Sanford's growing amenities, golf courses, and the Sanford Seacoast Regional Airport, the property offers convenient access to Mt. Hope Road and surrounding communities. With significant acreage, substantial density potential, and preliminary development work already completed, this property presents an opportunity for developers, investors, and contractors looking to pursue a sizable residential project in Sanford. Contact the broker for access to the complete development packet and supporting materials.
Listing last checked: Listing updated:
Listed by Listing Agent · Harborview Properties, Inc. · MLS #1681253
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Details at a glance
Building1 property facts
- Style
- Other
Land & utilities4 property facts
- Lot size
- 46.8 acres
- Water
- None
- Sewer
- None
- Zoning
- RD
Financial2 property facts
- Annual taxes
- $1,648
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $4,500,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$22,892 / monthAdjust
- Principal & interest
- $22,754
- Property tax
- $137
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $1,648. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA 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 R11 / 28B Mt Hope Road
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Request a tour of R11 / 28B Mt Hope Road and a Bean Group agent will help coordinate an available time with the listing side.
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