MLS® ID: DCDC460546
444 RIDGE ROAD SE
WASHINGTON, District of Columbia, 20019
$765,000
Active
Dont miss your chance at this investment opportunity in Fort Dupont Park! A gem of a neighborhood nestled by a 376-acre federal park managed by the National Park Service. 444 Ridge Rd SE consists of three lots (Square 5397S, Lots 814, 816, and 818) totaling 15,522 square feet of land area. Comparable lot & land listings in zip code 20019 have sold for $1MM+ (Comps included 5821 Dix St NE & 5827 Dix St NE). Sold As Is! This property comes with options for the final development. Maximize the highest & best use and subdivide the property into separately recorded lots and build five single-family row houses or four large semi-detached structures. Or, buy and hold until the DC Council approves the Comprehensive Plan with an RA-1 zoning..or, renovate the functional one-story single-family structure that is currently on the property. Your creativity and resourcefulness is the only limit. Land use analysis by Sullivan & Barros, LLP is available for your review.
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