Exceptional investment and development opportunity offering approximately 4 acres with views of Lake Lewisville in desirable Shady Shores! Ideally positioned along S. Shady Shores Road, a designated minor arterial on the Town's Master Thoroughfare Plan, this property offers excellent frontage and long-term investment potential. Backing to U.S. Army Corps of Engineers land, the property features over 3 acres outside the 100-year floodplain, with city water and sewer available at the road frontage. Explore opportunities for residential subdivision, luxury lake-view homes, commercial, multifamily, or planned development, subject to zoning and municipal approvals. A rare opportunity for builders, developers, and investors seeking acreage in a highly desirable lakeside location. Existing structures have no contributory value; value is in the land. BRING ALL OFFERS! Shady Shores ETJ
Vacant landProperty Type
1954Year Built
4 acresLot Size
$312,500Price/Acres
Listed by Steven Horn• Keller Williams Prosper Celina
Lakefront frontage with Corps of Engineers shoreline
Water/lake view
Acreage setting (4 acres)
Driveway access from S Shady Shores Rd with address signage at drive (427 and 429)
Directions: I-35 to Swisher Rd, east on Swisher to Shady Shores Rd, turn left and go north; property is on the right just past Parkside Ln
Home design
Land property (unimproved)
Located inside city limits
Subdivision: N French
Parking
Driveway access from S Shady Shores Rd
Construction
Parcel originally associated with a 1954 structure (year built listed)
Parcel ID: R62106
Utilities
City water available
City sewer available
Not in a municipal utility district
HOA & community
No association
Financial info
Listing accepts Cash, Conventional, or Other financing
Listing is Active with Exclusive Right To Sell agreement
Original list price was $1,500,000; current list price $1,250,000
Other
Zoning described as Commercial, Multifamily, Single Family, Partial City (future uses may include commercial, multifamily, PD or residential); partial ETJ with no zoning
Will not subdivide
Agricultural exemption: No
Easements present (Other)
Electricity and solar
View estimated energy costs and solar savings for this home