House for sale
905 Hot Springs Road, Harrison Hot Springs
$1,550,000
Features
Style
Rancher/Bungalow
Year Built
1985
Floor Area
1,074 sqft
Lot Size
81,892 sqft
Lot Frontage
497.33 ft
Parking Spaces
6
Property Taxes
2,285 $ (2024)
Description
DEVELOPERS OR INVESTORS - Prime 1.86-acre R2-zoned property in Harrison Hot Springs—perfect for investors or small-scale developers. Preliminary concept: 4-lot subdivision with a duplex on each lot (8 units total). Municipal water, sewer, and hydro at lot line. Usable 1-acre portion plus 0.86-acre riparian buffer along Miami River adds privacy. Projected ROI estimated at a conservative 13–16% (depending on purchase cost) based on recent development cost modeling (buyer to verify). Just minutes from the lake, shops, and trails. Existing 3-bed, 1-bath home offers rental income while planning your vision. Flat site with excellent frontage and Low Density Residential OCP. Harrison is a growing lakeside market—this is a rare chance to secure zoning, scale, and location in a desirable area.
MLS® Number R2974258