Real Estate: Consists of the remaining 10 lots located in The Meadows at Fieldstone Landing subdivision project, Phase 2, and 40.21+/- acres of adjacent development land, which will be sold together as a package. The 50 lot community is a 55 plus planned adult living community requiring that at least one person in 80 percent of the households is at least 55 years old. The upscale subdivision is conveniently located just off Kennedy Memorial Drive near the Waterville/Oakland exit of I95 and is within close proximity to shopping, dining, and the Waterville Country Club golf course. The (10) residential building lots range in size from .37 to 2.81+/- acres and all have been approved for residential development. Each of the lots has water, sewer, electric, cable and telephone to them and they are all located on paved streets that have been accepted by the City of Waterville. The remaining development land is referred to as Phase 3 and contains 40.21+/- acres. There are conceptual plans that have been developed, which include 2,230 linear feet of proposed roadway, and 28 proposed parcels. A new owner would have the ability to redesign the layout and number of lots. Phase 3 will be sold subject to the covenants, restrictions, and by-laws of the existing subdivision. Any planned development could utilize the existing water and sewer infrastructure subject to design capacities and existing usage rights of the current HOA.

CLICK HERE FOR DETAILS!