LOT 2 OTHERWISE KNOWN AS NORTHERN LARGE LOT RES 2! $1.4m

  • $1,400,000
9 Cedar and Spice Ln, Warwick WK 03, Bermuda
For Sale
9 Cedar and Spice Ln, Warwick WK 03, Bermuda
  • $1,400,000

Overview

  • vacant lots
  • Property Type

Description

LOT 2 OTHERWISE KNOWN AS NORTHERN LARGE LOT RES 2!

A mostly south facing lot that is wide as it is long; the gem of all five lots with something of almost everything; quiet; a very gentle sloping, fertile center; firm stone around sides for building or quarrying; grand 100+ year old trees; fruit trees; views; subtropical forest; Caledonian Pines; protected garden area; and enough land to spread out with picnic areas, gazebo, and horse jumps. It even has a small area for green electrical wind generation due to the rock cuts on the north-east side.

The zoning is Res2 with greater than half of it without any conservation overlay if combined with Lot 1 to get 3.2 acres. The conservation overlays are agricultural and woodland reserve on the southern half.

Bermuda Caribbean Engineering Consultants Limited estimated a maximum building capacity of 17 units for this lot alone. Area totals 1.156 hectares which is greater than 124,400 square feet.

A great idea would be a boutique garden hotel that makes the most of the Riddles Bay Views to the northwest, the green energy possibilities, the former well for water demand, and the steep hill to the south for a waterfall feature, with winding paths for residences to have solace.

If the southern hillside lots are purchased then hiking trails, a water catchment with gravity feed water to the guesthouse (imagine, no need for electricity for water pressure), and a restaurant at the top could be world high class. If a good health emphasis was included it could become world renowned.

By the looks of the stone quarried away for the condos to the north and below this lot, the stone is good to sell as well.

*Please Note* All information provided by my Vendor.

 

  • City Warwick

Details

Updated on May 24, 2022 at 12:21 am
  • Price: $1,400,000
  • Property Type: vacant lots
  • Property Status: For Sale

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Kim Sheen
  • Kim Sheen