Rare Development Opportunity in The Grove

Prime Opportunity: Two adjacent lots in The Grove present a rare chance to invest in a highly sought-after location, just one block from the vibrant shops and restaurants on Manchester Avenue.

Highly Desirable Location: These lots are ideally situated near key St. Louis landmarks such as Forest Park, Barnes-Jewish Hospital, the Washington University Medical Complex, and the Missouri Botanical Garden, offering unmatched convenience and appeal.

Ready for Development: Both lots are already divided, making them perfect for the construction of side-by-side townhomes.

Lot Dimensions: The lot at 4328 Gibson measures 19 feet wide by 126 feet deep, while 4330 Gibson measures 16 feet wide by 126 feet deep.

Incredible Market Potential: With nearby townhomes in the 63110 zip code recently selling for up to $500,000, or $271 per square foot, this is an outstanding development opportunity in a thriving neighborhood.

Paying buyers agent 2%.

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16 Lots in a Private Gated Development

Opportunity to purchase 16 lots in a private gated development in the DeBaliviere Place neighborhood overlooking the mansions on Washington Terrace. The lots are located near the Central West End approximately 5 blocks from Forest Park.

  • Each of the lots is zoned E. for multi-family residential and would be ideal for luxury townhomes, which have already been approved by the city of St. Louis.
  • These lots are fully developed with new utility connections for water, sewer, and electric, as well as newer streets and gated access.
  • The surrounding area is currently undergoing a lot of redevelopment activity. There are four brand new townhomes currently under construction within the development.
  • Similar individual lots without utilities in the surrounding area have sold in the range of $60,000 to $100,000.
  • Potential list prices for the completed townhomes could range from $350,000 to $490,000 depending on size, finishes, and upgrades based on similar-sized townhome sales nearby.

Paying buyers agents 2.7%

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Central West End Building Lot

Buildable lot located in the Central West End within walking distance to Cortex, Washington University Medical Complex and Forest Park. This is an oversized 0.12 lot which is 210.25 x 25 (5,255 sq ft) that is much longer than most traditional city lots. There are recent sales of lots on the block- 4332 Laclede 63108 @ $150,000, 4308 Laclede 63108 @ $120,000 and this has the longest lot of all of them. Homes close by in the Central West End have sold for $270 and $295 sq ft.

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Building Lot in the Gated Laclede Place

Building lot in the Central West End just a couple of blocks from Cortex, Washington University Medical Complex and Forest Park
Lot is 25 x 177.5. Two lots have recently sold on the same block – 4308 Laclede 63108 $120,000 and 4332 Laclede 63108 $150,000 (next door)
Homes close by in the Central West End have sold for $270 and $295 sq ft. The 4400 block of Laclede Ave is known as “Laclede Place” and is private and gated.

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Double Lot Zoned B. in the Grove

Double lot 55×125 (27.5×125 & 27.5×125) located in The Grove. Zoned B. Two Family Residential. Perfect for Single Family Homes, Townhomes, or Two Family Buildings. New construction Single Family Homes and Townhomes sell from $450,000 to $500,000 on average.

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Double Lot in the Grove

Double lot 50×125 (25×125 & 25×125) with garage structure located in The Grove. Zoned B Two Family Residential. Perfect for Single Family Homes, Townhomes, or Two Family Buildings. New construction Single Family Homes and Townhomes sell from $450,000 to $500,000 on average. Adjacent to numerous high end development projects including “Union At The Grove”.

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Development Opportunity in DeBaliviere Place

Opportunity to purchase 14 lots in DeBalivere Place overlooking the mansions on Washington Terrace. Lots are available in 2 or 4 parcel packages at $45,000 a lot. Lots are located near the Central West End, 5 blocks from Forest Park, 1 block from the $100M Delmar Divine Project under construction. Private and gated cul-de-sac. Lots are fully improved with all infrastructure in place including water, sewer, electric, and gated street. Lots are zoned E. Multi Family Residential and would be ideal for luxury townhouses. Plans and permits for 14 luxury townhomes have previously been approved by the City of St. Louis Building Division and Cultural Resources. New owner/builder will be required to update plans and permits. Lots are fee simple ownership with annual taxes of approximately $375 per lot. Inquire for more information.

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Commercial Lot in Richmond Heights

Richmond Heights 50 x 158 commercial lot totaling 7,902 sf is located in the Clayton School district. The lot is zoned commercial but could be potentially rezoned to residential 4 unit apartment building or single-family home. The lot is cleared and ready to be built on. Located near St. Marys Hospital, DeMun Neighborhood and Forest Park.

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Rare Central West End Renovation Opportunity

Rare Central West End renovation opportunity a few blocks from Barnes-Jewish Hospital @ Washington University Medical Complex and Forest Park. This 3 story historic home with 5 beds and 2.5 baths was built in 1895 was previously gut renovated and needs cosmetic updates. Home is 2,792 square feet featuring dual-zone HVAC, hardwood floors, multiple wood-burning fireplaces, 10-foot ceilings, original woodwork and built-in bookcases, rooftop terrace and second-floor laundry. Kitchen can easily be opened up and made larger. Recent CWE sales when renovated- 374 Walton Row $895,000 ($297 Sq Ft), 4550 West Pine $675,000 ($270 Sq Ft). 4430 Laclede is the side lot and not included in the sale, will be legally subdivided by the seller prior to closing. The side lot can be purchased separately. Being sold as-is.

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Central West End Lot Development Opportunity

3 total parcels for sale which include a 3,256 square foot 3 story brick home located at 4477 Washington that has been gutted. Home has a lot of potential with high ceilings, multiple decorative fireplaces, some original woodwork and a huge open third floor. The roof, soffits, gutters were all replaced in 2013 at a cost of over $30,000. Also for sale are two adjacent residential lots, 4479 Washington which is .13 acres and a large double lot at 4483 Washington which is .28 acres totaling over 4/10 of an acre. The double lot could be split into two lots to make three total residential lots in addition to the home. There are two recent sales of single-family renovated homes, one across the street at 4476 Washington that sold for $440,000 and next door at 4473 Washington that sold for $430,000. The home can be purchased with additional two lots for $215,000. Home can be purchased on its own for $125,000. Lots can be purchased on their own for $90,000- both lots must be sold together.

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