Unveiling a Unique Riverfront Residential Development Opportunity
Transforming the Guadalupe Riverfront
In an exciting announcement, Hilco Real Estate Sales is presenting a remarkable opportunity for developers and investors alike: a 140± acre shovel-ready residential development site known as The Bluffs on the Guadalupe. This property, which has recently entered bankruptcy proceedings, offers unparalleled potential nestled along the banks of the Guadalupe River.
Key Features of The Bluffs
Located at the intersection of FM 306 and the Guadalupe River, the property showcases nearly 2,700 feet of road frontage, ensuring excellent visibility and accessibility for future development. The site is designed with no zoning restrictions, allowing for a versatile mix of residential and commercial uses. With over a mile of pristine river frontage, The Bluffs promises an exceptional backdrop for various development possibilities.
Development Plans and Infrastructure
The Bluffs has been fully entitled, with requisite infrastructure already in place. This includes a model home, sales office, completed asphalt roads, and public utility connections, making it accessible for immediate development. Future plans aim for a mix of residential options, including 95 lots featuring waterfront estate lots, interior estate lots, and hillside cabins, alongside approximately 12± acres designated for commercial use.
A Community for All
The development is designed to foster a vibrant community. Residents and visitors will be able to enjoy a 1.7-mile private riverfront walking trail, enhancing the appeal of this idyllic location. Coupled with low taxes and thoughtfully curated recreational amenities, this property is a unique offering in Central Texas.
Proximity to Attractions
The prime location of The Bluffs affords residents easy access to bustling downtown areas, including popular shopping, dining, and entertainment hubs. Nearby attractions also include Canyon Lake, celebrated for its serene boating and fishing experiences, and the Whitewater Amphitheater, a renowned venue for live music.
Market Appeal
The area's natural beauty and recreational opportunities make it an attractive option for developers. With the anticipated extension of the Waterway Lane Hike and Bike Trail, connectivity will improve further, bringing additional foot traffic and interest to the location.
Insights from Experts
Terence Rochford, a senior vice president at Hilco Real Estate Sales, remarked on the unique value of this property, stating it represents an unmatched opportunity in the current market. Stephen Madura, another senior vice president, echoed this sentiment, highlighting the advantageous location and substantial entitlements that pave the way for swift development.
Bidding and Acquisition Process
Those interested in this exceptional property must submit qualifying bids by the deadline of September 30, 2025, at 5:00 p.m. (CT). Comprehensive guidelines for participation in the bankruptcy sale are available on Hilco Real Estate Sales' official site, where interested parties can also access the necessary Purchase and Sale Agreement.
How to Get Involved?
For more information or inquiries about the bidding process, potential bidders can contact senior representatives at Hilco Real Estate Sales. Steve Madura can be reached at (847) 504-2478, or via email. Similarly, Michael Kneifel is available at (847) 201-2322 for any specific questions.
About Hilco Real Estate Sales
Hilco Real Estate Sales specializes in maximizing value for property holders through astute strategies and consultation. With a rich history in navigating complex real estate transactions, they deliver tailored solutions that optimize asset performance while minimizing risks.
Frequently Asked Questions
What is The Bluffs on the Guadalupe?
The Bluffs is a 140± acre shovel-ready residential development site along the Guadalupe River, providing expansive opportunities for various developments.
What types of lots are included in the development plan?
The site includes waterfront estate lots, interior estate lots, hillside cabins, and commercial frontage land, facilitating a balanced community mix.
Is infrastructure already in place at The Bluffs?
Yes, the property is fully entitled with essential infrastructure completed, allowing for immediate development.
What is the bidding deadline for this property?
Qualifying bids must be submitted by September 30, 2025, at 5:00 p.m. (CT).
How can I get more information about the sale process?
Interested parties can visit Hilco Real Estate Sales' official website or contact their representatives for details and requirements for participating in the sale process.
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