Exceptional Investment Opportunity: Transform This 3-Level Colonial on a Spacious 0.48-Acre Lot

Calling all investors, rehabbers, builders, and visionaries—this is the opportunity you’ve been waiting for. This three-level Colonial home, situated on a generous 0.48-acre lot, presents a rare and remarkable chance to bring new life into a property with tremendous potential. With a walk-out basement, a strong structural footprint, and a desirable layout, this home is more than just a renovation project—it’s a blank canvas waiting for your creativity. Whether you’re planning to renovate and resell for profit or design a fully customized dream residence, this property stands out as a golden investment in a highly sought-after area.

Homes with this level of potential rarely hit the market, especially in neighborhoods where demand is high and opportunities for large-scale transformation are limited. This home is being sold As-Is, giving you complete freedom to reshape it exactly as you envision, without being restricted by previous updates or renovations. It’s the perfect project for those who understand the value of location, lot size, and structural integrity.

A Solid Foundation with Endless Possibilities

The home spans three full levels, offering ample interior space and flexibility for a variety of design directions. Traditional Colonial-style homes are beloved for their timeless charm, balanced layout, and functional living spaces—and this property embodies all of these characteristics.

While the home requires a complete rehabilitation, one of its greatest strengths is the solid structural base. The walls, framing, and overall footprint are ready to support a full redesign. For experienced investors and rehabbers, this means the hardest part—finding a property with a good foundation and great location—is already done.

With the right vision, this home can be completely transformed into a modern masterpiece. Consider the possibilities:

• Opening the main level to create a bright, airy, open-concept layout

• Redesigning the kitchen with premium finishes and a large center island

• Adding a primary suite with a spa-inspired bathroom

• Finishing the basement to create an additional living area or rental unit

• Expanding the outdoor living space with a deck, patio, or screened porch

The potential to dramatically increase the home’s future market value is significant.

A Spacious 0.48-Acre Lot—A Rare Find

The nearly half-acre lot is one of the most valuable aspects of this property. Large lots of this size are increasingly difficult to find, especially in desirable neighborhoods. Whether you want outdoor recreation space, room for expansion, or simply privacy, this lot provides all of that and more.

What You Can Do With This Lot:

• Build an expansive deck or patio for outdoor entertaining

• Add a two- or three-car garage

• Install a pool or hot tub

• Design a landscaped garden or playground

• Create a firepit area or outdoor kitchen

• Add an addition to increase square footage

For families, builders, and homeowners who appreciate space and flexibility, this lot offers almost unlimited design freedom. For investors, it adds tremendous resale appeal.

A Walk-Out Basement—A Major Value Booster

One of the most desirable features of any home today is a walk-out basement, and this property already has one in place. This feature alone can add significant usability and value to the home after renovation.

Walk-out basements allow natural light to flow in, creating an inviting atmosphere that feels like an extension of the main living spaces—not a dark, typical basement. With direct access to the yard, the basement becomes a versatile area that can serve numerous purposes.

Potential Uses for the Walk-Out Basement:

• A fully separate rental apartment or in-law suite

• A home office or business studio

• A recreation room or entertainment center

• A gym or wellness room

• A home theater

• Guest bedroom and bath

• Additional storage or utility space

Modern buyers love finished basements, and this layout provides a built-in advantage when it comes to future resale.

Ideal Buyers for This Opportunity

This property appeals to a wide range of buyers, each with their own vision for its future:

1. Real Estate Investors

If you specialize in flipping houses, adding value, or building equity through renovation, this home is an incredible opportunity. With its great bones, large lot, and strong resale potential, it checks all the boxes for a profitable project.

2. Professional Rehabbers and Contractors

For those who thrive on major renovation projects, this home provides a blank slate. Every aspect of the interior and exterior can be modernized to meet today’s trends, ensuring a high-demand finished product.

3. Homebuyers Seeking a Custom Dream Home

Some buyers want more than a move-in-ready house—they want a space they can shape to their exact style. This property allows you to design everything from the layout to the finishes, creating a truly personalized home.

4. Buy-and-Hold Investors

With enough renovation, this property could become a highly rentable home or multi-generational living space, thanks to its size and basement access.

High Resale Potential in a Desirable Location

One of the most compelling reasons to consider this property is its location. Homes in sought-after areas benefit from strong resale values, competitive markets, and long-term appreciation. Once renovated, this home will attract a wide pool of buyers seeking space, convenience, and modern features.

The phrase “This won’t last!” isn’t just a marketing tagline—it’s a genuine statement about the rarity of opportunities like this. Homes with this much potential, especially on large lots, tend to sell quickly once investors recognize their value.

As-Is Sale—A Benefit to Visionary Buyers

Because the home is being sold As-Is, you’ll have complete freedom to transform it without worrying about prior renovations or the seller making changes. For many investors and builders, this is a major advantage.

Benefits of Buying As-Is:

• Lower purchase price

• Full creative control

• Ability to plan renovation budget from scratch

• No wasted money on temporary or low-quality fixes

• Higher overall ROI potential

Buyers who understand renovation know that starting with a clean slate is often the best scenario.

Why This Property Is a Rare Opportunity

Here’s what makes this home stand out from the rest:

1. Highly desirable location

2. Nearly half an acre of land

3. Solid Colonial structure ready for redesign

4. Walk-out basement offering incredible possibilities

5. Full renovation freedom

6. Exceptional ROI potential for investors

7. A project with both character and scalability

This is the kind of property that experienced investors recognize instantly. With the right vision and execution, it can transform from an outdated structure into a stunning, high-value home that commands strong attention in the market.

Conclusion

This three-level Colonial home sitting on a spacious 0.48-acre lot is far more than a fixer-upper—it’s a major investment opportunity with all the elements needed for success. From its walk-out basement and solid construction to its large lot and incredible design flexibility, every aspect of this property makes it a top choice for buyers who see potential where others see a project. Whether you plan to renovate and resell, lease, or create a personalized dream home, this is a chance you don’t want to miss.

Opportunities like this don’t come often. If you’re searching for your next big project, this property is the perfect fit.

Listed on Zillow