Two-car garagePartially finished basementFour bedroomsThree fireplacesExpansive lot
Set on just over five acres in a highly desirable Lincoln location, this spacious 3,500 sq. ft. single-family home offers exceptional potential for the right buyer. The property features four bedrooms, five full bathrooms, three fireplaces, a partially finished basement, potential for an in-law suite, and a two-car garage, all set well back from the road for outstanding privacy with 50 feet of frontage on Cobble Hill Road. The home requires a bit of TLC but presents an excellent opportunity to restore a large, character-filled residence. Beyond the home itself, the expansive lot offers significant development potential, with an expired approval for a three-lot subdivision off the existing Cara Drive cul-de-sac and preliminary plans indicating the possibility of several more lots. Whether you choose to renovate, rebuild, or pursue subdivision, this property’s size, privacy, and prime location make it a truly rare investment opportunity in Lincoln. Reach out today for a private tour or more information
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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