441 W Main ST Active

Carmel,IN 46032

$ 1750000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Residential Lots

Listing Status Active

Purchase Type For Sale

Subdivision Carmel Arts District

MLS Listing ID 21992164

Tax Year 2023

Lot Size 1.195 Acres

Property Description

WOW! ONCE-IN-A-GENERATION OPPORTUNITY TO OWN THE LARGEST RESDENTIAL LOT IN DOWNTOWN CARMEL. HAVE YOU WANTED TO LIVE IN THE WALKABLE DOWNTOWN, BUT SIMPLY DON'T WANT A SMALL HOUSE ON A TINY LOT? WELL, EVEN WITH THE 35% LOT COVERAGE RULES IN DOWNTOWN CARMEL, YOU CAN BUILD OVER 12,000 SQ.FT HOUSE ON THIS LOT W/ POOL & BE W/IN ZONING RULES W/OUT REQUESTING A VARIANCE. STEVE GOLDBERG HAS DESIGNED A UNIQUE 11,000 SQ.FT HOME W/ 2 BEDRM BONUS APT FOR THIS LOT & SELLERS ARE WILLING TO SHARE THOSE PLANS. HIS CREATIVITY CREATED A MASTERPIECE W/ AN ELEVATION FITTING IT PERFECTLY W/ CARMEL CHARM, YET OFFERING AN ESTATE FILLED W/ INDOOR/OUTDOOR LUXURY ENTERTAINING SPACE. CURRENT OWNER CHANGE-OF-PLANS CREATES A ONE-OF-A-KIND OPPORTUNITY. IF THIS LOT PRICE IS OVERWHELMING OR IF YOU DON'T WANT A LOT THIS LARGE, THE LOT IS EASILY DIVISIBLE INTO TWO .6 ACRE LOTS. BUILD ON ONE & SELL THE OTHER. AN ADJACENT OWNER IS ALSO OPEN TO SELLING CREATING A DEVELOPMENT OPPORTUNITY FOR 4 RESIDENTIAL PARCELS. EACH LOT IS WORTH WELL OVER $1M INDIVIDUALLY. RECENT SALE W/IN THE BLOCK: 331 W. MAIN @ $850K FOR .23 ACRES W/ INTENTIONS TO DEMO HOME. SERIOUS INQUIRIES ONLY.

Location

State IN

County Hamilton

Zoning R-2

Exterior

Waterfront false

View Y/N true

View Trees/Woods

Building

Sewer Municipal Sewer On Site

Water Municipal/City

New Construction false

Schools

Elementary Schools Carmel Elementary School

Middle Schools Carmel Middle School

School District Carmel Clay Schools

Others

Acceptable Financing Not Applic

Listing Terms Not Applic

View More
Favorite Go Tour