UPDATED:
Key Details
Property Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Delmar Place Twnhse
MLS Listing ID 25076855
Construction Status Site Plan Approved
HOA Fees $333/mo
Lot Size 2,548 Sqft
Acres 0.0585
Property Description
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 “E” 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
Interior
Fireplace N
Exterior
Amenities Available Gated
View Y/N No
Building
Lot Description Cleared, Cul-De-Sac, Few Trees, Level, Near Public Transit, Private
Construction Status Site Plan Approved
Schools
Elementary Schools Ford-Ford Br. Elem. Comm. Ed.
Middle Schools Langston Middle
High Schools Sumner High
School District St. Louis City
Others
HOA Fee Include Maintenance Grounds,Maintenance Parking/Roads,Security
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition Standard