What a rare opportunity to purchase a unique property on Lake Palestine with endless options, 19+ acres, 2,600+ HWY frontage, 570+Waterfront, 33,000+ of improvements all with a Beautiful Sunset. Currently used an Wedding Venue, Event Center, Vrbo Lodging,Offices and Beach Club with Boat Launch, Swimming & Fishing. Design plan ideas available for expanded Event Center, Hotel,Restaurant, Exclusive RV Park, Marina and more. Owner is willing to discuss a Partnership or Investor Interest The Lodging throughVrbo (3034837) offers 6 private bedrooms, 12 beds and up to 19 guests. Two full baths, kitchen, living room, deck or patio and access to afully equipped gym, hot tub, beach, gorgeous common area with a pool table and outdoor palapa. The Venue is perfect for indoor oroutdoor lake front weddings with that gorgeous sunset. See full property description attached.
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Listing Snapshot
Price
$12,500,000
Days On Site
634 Days
Bedrooms
N/A
Inside Area (SqFt)
33,706 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
19.154 Acres
Year Built
1980
MLS® Number
20290218
Status
Active
Property Tax
$28,128
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
3 weeks ago
Listing updated with changes from the MLS®
3 weeks ago
Status changed to Active
2 years ago
Listing first seen on site
General Features
Acres
19.154
Foundation
SlabOther
Number Of Stories
2
Parking
On SiteOther
Property Sub Type
Business
Security
Gated CommunitySecurity GateSecurity LightsSecurity System
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Total
33706
Utilities
Electricity AvailableSewer Available
Water Source
Public
Zoning
See Remarks
Interior Features
Cooling
Central AirElectric
Flooring
HardwoodSlateTile
Heating
CentralElectric
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Exterior Features
Construction Details
Wood SidingBrickMetal Siding
Lot Features
LevelIrregular LotRolling SlopeSlopedWaterfront
Road Frontage
HighwayState Road
Roof
CompositionOther
Waterfront
Yes
Waterfront Features
Lake Front
Community Features
Community Features
Gated
Financing Terms Available
CashConventional
Listing courtesy of Ray Ver Hey of Staples Commercial Group, LLC 9033436629
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