A 10-acre parcel is being split into six luxury home lots of 1.2 to 1.5 acres each, with roads and easements included. An HOA will manage the community. The speaker also references a separate 600-acre subdivision project in development.
You're saying 6 lots? Yeah. Houses. They're not lots, they're houses. And so they took a bigger piece of property. Um, and we were talking about this this morning, right, Catherine? How to, uh, how to take a bigger piece of property and break it down. We had a meeting yesterday with, with, uh, somebody about that as well. They have 600 acres and they want to subdivide. So this piece of property was, was part of a bigger subdivided property that they made luxury houses. And so I I'm at that lot, acre piece, 1.2. Um, and each house out there, at least an acre and a half. So with 6 houses like that, I would say road and easement, that it probably started out as a 10-acre property, broke up into 6 lots, did those lots to build, you know, luxury houses on. So it's managed, every, every owner in there is HOA board, basically.
