5366 Delmar Court PL new Save Request In-Person Tour Request Virtual Tour
St Louis,MO 63112
Key Details
Property Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Delmar Place Twnhse
MLS Listing ID 25057232
HOA Fees $333/mo
Property Description
Multi-Family Townhome Development Opportunity in DeBaliviere Place
Surrounded by ongoing redevelopment and new construction activity, this portfolio of 16 fully improved lots offers a rare chance to deliver a new townhome community in one of St. Louis' most sought-after neighborhoods. Four brand-new townhomes have recently been completed within the development, demonstrating buyer demand and neighborhood momentum. The available 16 lots are part of the 40 lot Delmar Place Townhome Association.
The private, gated community is adjacent to the historic mansions of Washington Terrace and is located just a few blocks from Forest Park and the Central West End. With existing utility connections (water, sewer, electric), completed streets, and secure gated access, the site is ready for immediate development.
Each lot is zoned āEā for multi-family residential and already has City of St. Louis approval for luxury townhomes. Based on nearby sales of comparable townhomes, projected list prices for completed units range from $350,000 to $490,000, depending on size, finishes, and upgrades.
Location
State MO
County St Louis City
Area 4 - Central West
Zoning Multi-Family
Exterior
Amenities Available Gated
View Y/N No
Building
Lot Description Cleared,Cul-De-Sac,Few Trees,Level,Near Public Transit,Private
Schools
Elementary Schools Ford-Ford Br. Elem. Comm. Ed.
Middle Schools Langston Middle
High Schools Sumner High
School District St. Louis City
Others
Acceptable Financing Cash,Other
Listing Terms Cash,Other
Special Listing Condition Standard