1737 Grove Road

This property in the serene Mt. Merritt area offers a unique opportunity for potential buyers with its extensive features and impressive valuation. Key Highlights: Lot Splitting Opportunity: According to the county, the property meets the minimum requirements for a lot split but additional due diligence needed. Currently there is one legal lot with two APNs (514-062-20-00 & 514-062-19-00) with the second APN/lot valued over $500,000. This presents an excellent investment opportunity. Remodeled Home: The residence has been tastefully remodeled with high-quality finishes, featuring a total of 2,420 square feet of living space, including 5 bedrooms and 3 bathrooms. The main house has three bedrooms and two bathrooms downstairs, with an additional two bedrooms and a full bath upstairs. Additional Dwelling Unit (ADU): A detached garage house/ADU is included with the property, providing further rental or living space. This unit features two rooms, a living area, kitchenette, and a bathroom, ideal for guests or as an income-generating rental. Spacious Lot: The property includes a total of 48,351 square feet (approximately 1.11 acres) when combining both lots. The expansive outdoor space offers tranquility and privacy, complemented by a beautiful landscaped front yard, a large duck pond, and fenced areas for added security. Unique Features: The property includes a lighthouse/storage house, which houses a laundry room and an office/playroom, and has two large enclosed decks that are perfect for enjoying scenic views and the sounds of nature. Recent Upgrades: Significant upgrades have been made recently, including a new roof, electrical systems, windows, drywall, new appliances and a concrete driveway. The septic tank has also been replaced, ensuring modern compliance and functionality. Valuation: A full appraisal has been conducted, valuing the property at $1.4 million, highlighting its potential as a high-value investment. This home is perfect for those seeking a spacious, beautifully remodeled property in a private setting, with the additional advantage of a second lot providing flexibility for future expansion or development. It's an ideal retreat for families, nature lovers, or anyone looking to escape the hustle and bustle of city life. For buyers interested in a tranquil lifestyle with investment potential, this property is a must-see! **Seller will entertain lease offers also**.