Exceptional Investment Opportunity in Cedar Haven – Water-Oriented CommunityUnlock the potential of this rare investment opportunity in the desirable Cedar Haven community. Situated in a water-oriented neighborhood, this property offers endless possibilities for builders, investors, or buyers looking to create something special.The existing 1947 bungalow is constructed of durable block construction; however, the condition of the home is unknown and is being sold strictly as-is. It is likely best suited as a teardown, allowing the next owner to maximize the value of this exceptional parcel.The property includes four (4) contiguous lots totaling approximately 0.54 acres, with frontage on Benjamin Banneker and extending to Paul Dunbar. The additional lots are included in the deed and will be conveyed together as one sale, creating a unique opportunity rarely found in this established community.The expansive lot provides ample space for future development (subject to county approvals), outdoor living, or a custom home designed to take advantage of the area's water-oriented lifestyle. Nearby water access makes this an attractive location for boating, fishing, kayaking, and other outdoor recreation.Additional features include:Approximately 0.54 acres across four lotsOff-street parkingNo HOAWater-oriented communityExcellent potential for redevelopment or long-term investmentConvenient access to nearby marinas, parks, and major commuter routesWhether you're an investor seeking your next project, a builder looking for a premium homesite, or someone dreaming of creating a private retreat near the water, this property offers tremendous potential. Bring your vision and explore the possibilities this unique Cedar Haven property has to offer.
Listed by:
LPT Realty, LLC
Source:
BRIGHT MLS
| Date | Days Ago | Event | New Price |
|---|---|---|---|
| Jul 10, 2026 | 4 days ago | Price decreased80,000 (36%) | $140,000 |
| Jun 17, 2026 | 27 days ago | New on market | $220,000 |