4837 Vermont Road, Wellsville, KS 66092

Property Description

Rare 36.9-acre opportunity offering flexibility for a developer, builder or private estate buyer. The property can currently be divided into approximately 3-acre tracts, with the existing residence potentially subdivided from the remaining acreage?creating the opportunity for additional homesites. The seller has also had preliminary, informal discussions with the city, which indicated it may be receptive to annexing the property. If annexed and approved, the property could potentially be divided into approximately 1-acre lots. No formal application or approval has been obtained. Buyers should independently verify all annexation, zoning, utility, subdivision and development requirements.Built in 1997, the one-level home features three bedrooms, two full bathrooms and 1,636 finished square feet, plus a 1,636-square-foot unfinished walkout basement offering substantial expansion potential. The property also includes an attached two-car garage and a detached two-car shop. Located on paved roads with convenient access to Olathe, Overland Park, Baldwin City and Eudora?all approximately 15 minutes away. A unique opportunity to acquire significant acreage with an existing residence, usable improvements and potential for future development.