$899,000

Over 21,000 square feet of prime real estate in the highly desirable Princess Bay area of Staten Island. Set among some of the Island's most distinguished and beautifully appointed newer residences, this expansive property presents an extraordinary opportunity to create something truly exceptional. Currently offered at the list price without approvals, the property includes an existing three-bedroom detached one-family residence in fair condition. The seller is presently pursuing approvals for two two-family homes, providing significant potential for future development. Please be advised upon approval, the owner may elect to develop the property or offer it for sale at a price greater than the current asking price. For those envisioning a private luxury residence, the expansive parcel offers the possibility of creating a magnificent custom home with generous grounds and the privacy increasingly sought after by today's discerning buyers. The existing home also presents an opportunity to modestly renovate and potentially generate rental income while plans and approvals are being pursued. The residence is serviced by gas, electric, oil heat, and public sewer. Surrounded by an enclave of elegant, higher-end homes and conveniently located near shopping, schools, transportation, parks, and major roadways, this exceptional property offers the rare combination of space, privacy, prestige, and development potential. Whether your vision is to build a distinguished private estate, pursue a thoughtfully planned residential development, or secure a compelling investment opportunity, this remarkable Princess Bay property deserves your attention. An opportunity to acquire substantial land in an established luxury residential setting — bring your vision and create something extraordinary. Survey available upon request. Subject to E&O.Buyer to conduct independent due diligence regarding zoning, approvals, permitted uses, development potential, and all applicable requirements.