For Sale
$7,499,000

208 Lake Marina AveNew Orleans, LA 70124

Prime 2.53-acre New Orleans site

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional 2.53-acre site in New Orleans, Louisiana, presents a unique development opportunity. Located at 208 Lake Marina Ave, 70124, this cleared and fully assembled parcel boasts stunning Lake Pontchartrain views, adjacent to the Municipal Yacht Harbor and Orleans Marina. The property comprises 110,030 square feet across 11 lots, zoned S-LRM2 (Suburban Lake Area High-Rise Multi-Family Residential District) for the majority and S-LRS1 (Suburban Lakeview Single Family Residential District) for a portion, potentially ideal for parking or amenities. Its prime location offers proximity to successful high-rise condo buildings, numerous restaurants, a grocery store, retail shops, banks, medical offices, City Park, and West End Park. Existing plans for a high-rise condo building, developed 15 years ago, are available to the buyer. This is the only vacant land site on the New Orleans lakefront, making it an unparalleled investment opportunity. The property's convenient location and stunning views make it an ideal location for high-end residential development. The asking price is $7,499,000.

Highlights

  • 110,030 SF land parcel comprised of 11 lots.
  • 8 lots (67,282 SF) zoned S-LRM2 (Suburban Lake Area High Rise Multi-Family Residential).
  • Remaining 3 lots zoned S-LRS1 (Suburban Lakeview Single Family Residential), suitable for parking, green space, and amenities.

Property Details for 208 Lake Marina Ave

Property type
Land
Lot Size (sq. ft)
110,207 SF

Location Insight

City
New Orleans
County
Orleans Parish
State
Louisiana
Latitude
30.021658979567
Longitude
-90.115781182239
208 Lake Marina Ave, New Orleans, Louisiana

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208 Lake Marina Ave
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