$1,650,000

Forty six acres zoned low density residential located in the Moss Spring residential development Greencastle PA. The property is conveniently located just off Exit 5 of I-81 within 20 minutes of Chambersburg and Hagerstown. Previous plan approvals for up to 100 villa townhomes and nine additional single family home lots. Owner built thirty eight 55+ villa townhomes adjacent to the property that have all been sold and are occupied. Proposed land development plans are available for review. Plans would only need updated and resubmitted to the township for review and approval. All utilities are available. Great opportunity to develop into townhomes/condos or split into single family lots or continue with a 55+ community to satisfy the growing demand for this type of product. Greencastle is a fast growing community located an hour from Harrisburg and Baltimore. Adjacent to this property a developer is investing an estimated $48 million to construct 288 market rate apartments at the intersection of State Route 16 and Interstate 81 on approximately 30 acres in Antrim Township and Greencastle Borough, Franklin County, PA.