10,000 square foot lot in a recently approved subdivision at the corner of Fairgrounds Road and the soon to be created Nautilus Lane. The property is on Town water and sewer, and the flat land and regular shaped lot creates the ability to maximize ground cover (25%) for the R-10 zone, making this lot suitable for multiple dwellings (a duplex and an additional dwelling for example). Potential to be an income producing property, or simply a single family home in a central and convenient part of the island. Property is close to beaches, state forest, schools and other shopping conveniences, and is across the street from the bike path. Formerly 63 Fairgrounds Road. Property is staked and tagged. The roadway is currently under construction (early spring expected finish). Listing Agent has financial interest in the property