1877 Arbuckle Creek Rd,SEBRING, FL 33870
SEBRING, FL 33870
Description
Waterfront townhome development with 3 completed units and over $4M already invested in infrastructure. Priced at only $52,941 per unit for the improved 2.5-acre site ($2.4M) or $2.9M for the full 5-acre project with additional 31± unit Phase II land at only $16,129 per unit. The Oasis Townhomes on Dinner Lake are well underway with three units already completed and issued Certificates of Occupancy. Capitalize on the work already completed and pick up where the previous builder left off. Over $4 million has already been invested in infrastructure, including roads, underground electric, irrigation, lift station, and central water and sewer extended to individual lotsready for construction of 17 additional units. The completed units are AMAZING! Featuring a unique three-story design, the floorplan is perfect for a blended family while still providing a sense of privacy and separation of space. The main floor includes the garage, kitchen, laundry, living room with 20-foot soaring ceilings, balcony, and lakeview primary suite. On the basement level you will find a bedroom, bathroom, and living space with walk-out doors leading to a screened porch, creating the perfect place to enjoy your morning coffee while taking in the beautiful lake views. Upstairs offers two additional bedrooms, a bathroom, and an open loft area ideal for an office, game room, or additional living space. These units feature granite countertops throughout, staggered cabinetry, rounded corners, crown molding, upgraded fixtures, and more. Units 1936 and 1938 showcase the popular modern grey and white color scheme with chrome and silver accents, while Unit 1942 offers a more traditional style with oak cabinetry and warm brown and beige tones accented with bronze and iron finishes. The roof system provides the appearance of barrel tile but is actually metal, and came with a 60-year warranty when installed. The development sits on 2.5 acres with over 210 feet of frontage on beautiful Dinner Lake. The adjoining 2.5 acres may also be included for $2.9M total purchase price and was originally slated for Phase II of the development. This parcel features beautiful sandy beaches and offers the potential for up to 31 additional units to be designed by the new owner, or could be developed into community amenities such as a clubhouse, pool, and common areas for the HOA. The townhome documents and association corporation have already been formed and approved by the state, and will be transferred to the new owner. Set the fees and rules as the development evolves. This is a perfect scenario for an investor or developer. Build out the remaining units, sell them individually, and retain long-term residual income through HOA management and fees for years to come. If you'd like, I can also create a much more aggressive commercial broker version (about 25% shorter but even more powerful) that tends to generate more calls from developers scanning MLS listings.
Details
| MLS # | L4960093 |
|---|---|
| Listing Type | For Sale |
| HOA Dues | $395 |
| Sub-Type | For-sale |
| Status | Active |
| Days On Site | 176 |
| Listing Provided By | ADVANTAGE REALTY 1 | Gregory Karlson |
Features
| Zoning | R3 |
|---|---|
| Acreage | 5.00 |
| Water Front | Yes |
| Property View | Water |
Taxes
| Property | 4828 |
|---|
Area Information
| State | FL |
|---|---|
| County | Highlands |
| City | SEBRING |
| Zip Code | 33870 |
| Area | 33870 Sebring |
| Community Name | DINNER LAKE SUB |
| Listing VS Median (in DINNER LAKE SUB) | |
Price: $2,900,000 low | high Med: $0 On site: 176 low | high Med: | |
Market Activity 33870
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Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of September 1, 2026 at 5:37:06 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
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Learn More About This Property
| State | FL |
|---|---|
| County | Highlands |
| City | SEBRING |
| Zip Code | 33870 |
| Area | 33870 Sebring |
| Community Name | DINNER LAKE SUB |
| Listing VS Median (in DINNER LAKE SUB) | |
Price: $2,900,000 low | high Med: $0 On site: 176 low | high Med: | |
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