OLO 701 N Fairoaks Dr. New Castle, IN 5 Bed, 3.5 Bath

Description

701 N Fairoaks Drive | New Castle, IN 47362 Exceptional Opportunity in Prestigious Park Place Discover the incredible potential of this spacious 5-bedroom, 3.5-bathroom home nestled on a rare 1.22-acre parcel in the highly desirable Park Place Addition. Comprising four combined lots, this expansive property offers both privacy and possibilities rarely found in New Castle. Property Highlights: Over 3,700 square feet of finished living space Generously sized living room and formal dining room for elegant entertaining Family room providing additional gathering space Full basement offering abundant storage or future recreation potential In-ground pool for summer enjoyment and outdoor living 2-car attached garage plus detached storage garage and charming mini barn New Castle Community Schools A Canvas for Your Vision: This well-proportioned home has been unoccupied for roughly 6 years and awaits a buyer's personal touch and modern updates to restore it to its full glory. The solid bones and impressive square footage provide an excellent foundation for creating your dream home, whether you envision a complete renovation or thoughtful updates over time. The generous acreage, multiple outbuildings, and prime Park Place location make this a truly unique offering. With vision and investment, this property can once again become the crown jewel of the neighborhood. Perfect for: Buyers seeking a renovation project, investors, or families wanting substantial space and land in an established community. Sold as-is. Buyer to verify all information including square footage, lot dimensions, and property condition. Sale is not contingeent upon buyers obtaining financing, inspections or appraisals. 10% buyers premium added to high bid price. Buyers need to read all terms, conditions and perform all of their own due dilligence. Personal Representatives have not lived in home for over 25 years Home has sat empty for close to 6 years