Description

35.47 acres of serene country with promising plans for Western-style riding facilities and cultural community protection development. Whether you are looking for your own family compound, or looking for an investment opportunity, 3189 Edenvale has exactly what you are looking for. Located in the heart of John's Island, this sprawling 35.47 acres of pristine land offers development potential for any savvy investor or equine enthusiast looking for substantial returns and to further expand the equine community of John's Island. Current financial projections yield well over a 200% ROI and over 25% COC and IRR.The proposed plan offers multiple opportunities for community engagement and multiple streams of revenue. Please note: this proposal is in the process of going through approval with city planning and zoning. The current proposal includes a Western Style riding arena, four horse stable buildings with rental units located above, a chapel for community use, riding trails, and 10 1.5 acre lots with utilities. In addition, this proposal aims to protect and maintain the natural beauty of the land while encouraging agri-business, agri-tourism, and agri-tainment. This piece of property is situated just 10 minutes from the Charleston Executive Airport, and approximately 35 minutes from the Charleston International Airport, Kiawah Island, Folly Beach, and Downtown Charleston. Current Property Features: Single family owned estate for the past 30 years. 2 property entrances, In-ground Gunite Covered Pool, Covered Tennis Courts, 4 Car garage, electric and plumbed stables, exquisite millwork, marble & slate finishes, a gourmet chef's kitchen, 8-10 ft ceilings, solid wood interior & exterior door, 3 Berkley Electric Hubs on Site, X-Flood Zone. With 3189 Edenvale Rd, the possibilities are only limited by your imagination. For more in depth financials and questions, please reach out.