Rte 940, Mount Pocono, PA 18344

Property Description

47+ ACRES IN MT. POCONO BOROUGH! A rare opportunity to own an expansive property offering potential for future development or the opportunity to create your own private estate and build your dream home. Ideally located adjacent to the Five Points intersection of Routes 940, 611, and 196, the property offers excellent visibility and accessibility, with traffic counts exceeding 21,000 ADT. The property has deeded access to Route 196, with an additional land lot available for purchase that may provide additional egress from Winona Road. Existing billboards facing Route 940 are also located on the property. The property is designated R-2 on tax records; however, a portion is identified for commercial use on township maps. Central water and sewer are available. A conceptual plan on file depicts 132 proposed multifamily units, subject to township review, approvals, zoning requirements, and permitting. Conveniently located just minutes from Mt. Pocono Airport, Kalahari Resorts, Camelback Resort, and many other popular Pocono attractions. An exceptional opportunity for an investor, developer, builder, or buyer seeking a substantial property with significant potential in a prime Pocono Mountain location.