550 550 Westville, IN 46391
- Land
- 39.60 lot acres
Current Use by Public Records
- Land
Property Details for 550 550
- Lot size
- 39.60 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 39.6-acre property in Westville, Indiana, presents a unique investment opportunity. Located in the desirable Duneland School District of Porter County, this land offers versatile potential. The property's agricultural zoning allows for various uses, including subdivision into four 10-acre parcels, creating a lucrative residential development. Alternatively, it provides a tranquil setting for a private estate, offering the peace of rural living while remaining conveniently close to amenities. A picturesque pond enhances the property's natural beauty, complemented by the proximity of Zona Wildlife Sanctuary, Moraine Nature Preserve, and Sunset Hill Farm County Park. Situated on a paved county road, accessibility is excellent. The location is strategically positioned between two existing subdivisions, suggesting strong potential for future development in this highly sought-after school district. The asking price is $640,000, and preliminary title work is complete, ensuring a smooth and efficient closing process. This property combines the charm of rural Indiana with the convenience of nearby Lake Michigan (10.6 miles to Indiana Dunes State Park and Porter Beach) making it an ideal investment for both developers and those seeking a private retreat. The land value is $16,161 per square foot. The property's zoning allows for agricultural, hunting/recreational, and residential uses.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Westville
- County
- Porter
- State
- Indiana
- Longitude
- -86.9601
- Latitude
- 41.5678