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6101 Chatham Drive

New Orleans LA 70122

2.64 ac.
Land
Currently for sale - view listing

Overview

Available for sale, 6101 Chatham Drive represents a one-of-a-kind residential site in an excellent Gentilly location. Currently spanning 115,200 SF (±2.64 acres), the rectangular-shaped, S-RS zoned site can be resubdivided into ±16 standard residential lots, or a purchaser could pursue a rezoning to allow for denser development. Formerly home to Edward Hynes Charter School, the property has been fully cleared and is ready for development. Ownership is offering the entire site (240’ x 480’) for sale at $2,200,000, or would consider re-subdividing into regular lots (60’ x 120’) at $160,000/lot, giving a builder, developer, or end user flexibility and the ability to phase construction across the site. The property is located in a dense residential neighborhood, with easy access to major thoroughfares and retail nodes, as well as close proximity to UNO, Lake Pontchartrain, and City Park. Purchaser to confirm all zoning and resubdivision requirements.

Features

2.64 ac. lot size
Land

Happy sellers in New Orleans

82%
82% of sellers in New Orleans reported that their sale price either exceeded or met their price expectations.

New Orleans stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 13 reviews in New Orleans over the last 12 months.

Local market activity for land plots in New Orleans

In the last 12 months, 27 land plots similar to 6101 Chatham Drive, have been sold.

This represents a 26% decrease in land plots sales when compared to the previous 12 months.

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