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    1240 Corinthian Ln Lee's Summit, MO 64081

    For Sale
    $350,000

    Prime residential land, build your dream home!

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 25,001 square foot lot presents a rare opportunity to build a custom home in the coveted New Longview neighborhood of Lee's Summit, Missouri. Located on a desirable corner cul-de-sac, this expansive property offers over half an acre of land with the potential to expand to nearly a full acre. The lot boasts a tranquil setting, backing up to greenspace adjacent to the historic Longview Mansion, ensuring privacy and a peaceful atmosphere. New Longview residents enjoy an array of first-class amenities, including a 20-acre lake, a picturesque historic pergola, a refreshing community pool, a relaxing park, nearly six acres of dedicated greenspace, and well-maintained walking trails. The property is zoned for residential construction, allowing for the creation of a stunning custom home. Approved builders are available, or you may bring your own builder (subject to community approval). Don't miss this chance to secure one of the few remaining estate lots in this highly sought-after community. The property is conveniently located at 1240 SW Corinthian Lane, Lee's Summit, MO 64081, within Jackson County. This is an ideal location for those seeking a luxurious and amenity-rich lifestyle in a prestigious neighborhood. The asking price for this remarkable property is $350,000.

    Property Features for 1240 Corinthian Ln

    General Information

    Property type
    Land

    HighLights

    • $350,000 asking price.
    • 25,001 square foot residential lot.
    • Located at 1240 SW Corinthian Lane, Lee's Summit, MO 64081.
    • Corner cul‑de‑sac lot in New Longview.
    • Over half‑acre lot, expandable to nearly one acre.
    • Backs to greenspace.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lee's Summit
    County
    Jackson
    State
    Missouri
    Longitude
    -94.4513731
    Latitude
    38.8987818

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    FAQs

    What type of property is this?
    Land - Prime residential land, build your dream home!
    Where is this land located?
    The property is located at 1240 Corinthian Ln Lee's Summit, MO.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: $350,000 asking price.; 25,001 square foot residential lot.; Located at 1240 SW Corinthian Lane, Lee's Summit, MO 64081.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1240 Corinthian Ln Lee's Summit, MO 64081
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