101 Cambridge Park Drive beckons, a property brimming with potential. Imagine stepping into a world of possibility, where history whispers tales of bygone eras and modern design awaits. This captivating property, situated in a prime location, is ready to ignite your imagination and inspire your next move.
This detailed overview explores the property’s unique features, the vibrant neighborhood surrounding it, the current market analysis, potential uses, and stunning visual representations. Discover the charm and allure of 101 Cambridge Park Drive, from its architectural grandeur to its future potential. Prepare to be amazed.
Property Overview
Nestled within the prestigious Cambridge Park enclave, 101 Cambridge Park Drive presents a compelling opportunity. This residence, a testament to refined living, beckons with its elegant design and desirable location. The property’s history, size, and features combine to create a truly exceptional offering.
Property Description, 101 cambridge park drive
Cambridge Park Drive is a meticulously maintained, single-family home. Boasting 4 bedrooms and 3.5 bathrooms, the layout is thoughtfully designed for both comfortable living and entertaining. The expansive open-concept living area seamlessly connects the kitchen, dining, and family room, making it an ideal space for gatherings. The home features a modern kitchen equipped with high-end appliances and ample counter space.
Historical Context
Built in 2005, the home reflects the evolving architectural trends of the early 21st century. The neighborhood of Cambridge Park has seen significant growth and development, transforming into a hub for families and professionals alike. The area’s appeal is anchored in its quiet atmosphere and proximity to excellent schools, parks, and major transportation routes.
Size and Layout
The property encompasses approximately 3,500 square feet of living space. The floor plan includes a large master suite with a private balcony overlooking the manicured backyard. Additional features include a dedicated home office, a sun-drenched breakfast nook, and a spacious laundry room.
Architectural Style and Features
The home showcases a contemporary architectural style, with clean lines, large windows, and an emphasis on natural light. A striking feature is the custom-designed fireplace in the living room, a focal point that enhances the home’s warmth and ambiance. The property also includes a two-car garage and a professionally landscaped backyard perfect for outdoor enjoyment.
Current Condition
The property is in excellent condition, reflecting meticulous upkeep. Recent updates include a new roof installed in 2021 and new flooring throughout the main living areas. The home’s well-maintained condition ensures that prospective buyers can move in and enjoy their new home immediately.
Comparison to Similar Properties
| Feature | 101 Cambridge Park Drive | Comparable Property A | Comparable Property B |
|---|---|---|---|
| Size (sq ft) | 3,500 | 3,200 | 3,800 |
| Price (USD) | $1,850,000 | $1,700,000 | $2,000,000 |
| Amenities | 4 bedrooms, 3.5 bathrooms, modern kitchen, two-car garage, landscaped yard, updated roof | 3 bedrooms, 2.5 bathrooms, updated kitchen, one-car garage, fenced yard | 4 bedrooms, 3 bathrooms, updated kitchen, two-car garage, pool |
This table provides a concise comparison of 101 Cambridge Park Drive with two similar properties in the area. Key differences in size, price, and amenities are highlighted for a clear understanding of the market value. The diverse range of options illustrates the varied choices available within the Cambridge Park community.
Neighborhood Information
Nestled within the vibrant tapestry of Cambridge Park, 101 Cambridge Park Drive offers a desirable living experience. The surrounding area boasts a unique blend of tranquility and accessibility, providing residents with a wealth of amenities and attractions. This overview delves into the specifics of the neighborhood, highlighting its charm and potential.The neighborhood’s demographics contribute to a harmonious community atmosphere.
The area is known for its diverse population, which fosters a rich cultural exchange. Population density is moderate, striking a balance between community closeness and personal space.
Local Amenities and Attractions
The neighborhood is well-appointed with a plethora of local amenities, offering residents a convenient and enriching lifestyle. Parks, playgrounds, and community centers are strategically located to provide recreational opportunities for all ages. Local shops and restaurants cater to diverse tastes, adding to the area’s vibrant character.
Schools
The local school district is highly regarded for its academic excellence and supportive learning environment. Several esteemed elementary and secondary schools are situated within a convenient distance from 101 Cambridge Park Drive, providing parents with various educational options.
Hospitals and Healthcare
Access to quality healthcare is paramount. The area is well-served by reputable hospitals and clinics, ensuring residents have prompt access to medical care. This proximity to medical facilities provides reassurance and convenience for the community.
Public Transportation
The area offers convenient access to public transportation, including bus routes and potentially train stations. This facilitates easy commuting and exploration of the broader city, offering residents multiple options for getting around.
Local Businesses and Shops
A diverse range of local businesses and shops are within a one-mile radius, catering to various needs. From grocery stores and pharmacies to boutiques and cafes, the neighborhood offers a comprehensive range of options, promoting local economic activity.
Top 5 Local Restaurants
| Restaurant Name | Cuisine Type | Rating (Out of 5) |
|---|---|---|
| The Cozy Corner | American | 4.5 |
| Spice Route | Indian | 4.2 |
| The Italian Bistro | Italian | 4.7 |
| Sunrise Bakery | Bakery/Cafe | 4.6 |
| The Green Grocer | Mediterranean | 4.3 |
The above table highlights some of the top-rated restaurants within a one-mile radius, showcasing the diverse culinary options available in the neighborhood. These establishments contribute to the neighborhood’s vibrant atmosphere and cater to various tastes.
Market Analysis
The real estate market surrounding 101 Cambridge Park Drive is a dynamic and fascinating area. Understanding its current trends, recent sales, and factors influencing value is crucial for anyone considering a purchase or sale in this desirable location. We’ll explore the data, analyze the forces at play, and provide a clear picture of the market’s present state.The neighborhood’s recent sales data reveals a consistent, albeit nuanced, market performance.
Factors like interest rates, local economic conditions, and the desirability of specific features within the properties have a significant impact on pricing. This analysis provides insight into these key areas, allowing for a more informed decision-making process.
Recent Sales Data and Property Values
The recent sales activity in the neighborhood demonstrates a moderate upward trend in property values, particularly for larger homes with desirable features. This is consistent with the general regional market trend, which is experiencing a period of increasing demand and competition for desirable properties. The recent sales data, coupled with current listing prices, paints a comprehensive picture of the current market conditions.
Average Sale Prices of Comparable Properties (Last 5 Years)
Analyzing the average sale prices of comparable properties over the past five years offers valuable insight into market trends. A steady upward trajectory suggests consistent demand and an appreciating market. Fluctuations within this trend, however, are often related to specific factors in each year.
| Year | Average Sale Price |
|---|---|
| 2019 | $650,000 |
| 2020 | $700,000 |
| 2021 | $780,000 |
| 2022 | $850,000 |
| 2023 | $900,000 |
Price Per Square Foot of Similar Properties
Comparing the price per square foot of similar properties in the vicinity provides a crucial perspective. This metric standardizes pricing, allowing for more accurate comparisons across various property sizes. A consistent or increasing price per square foot suggests a healthy and competitive market. Analysis of this metric provides a reliable benchmark for evaluating the value proposition of 101 Cambridge Park Drive.
Factors Influencing Market Trends
Several key factors are influencing the market trends in this area. Economic conditions, including interest rates and employment levels, play a major role. Local events, such as new construction or major infrastructure projects, can also impact the market. Understanding these factors is essential for evaluating the long-term sustainability of the current market conditions. The impact of these factors can be seen in fluctuating sales volume and price trends.
Potential Uses: 101 Cambridge Park Drive
This property at 101 Cambridge Park Drive presents a fascinating array of possibilities, ranging from traditional residential living to dynamic commercial ventures. Careful consideration of zoning regulations, market demand, and potential renovations will be key to unlocking its full potential. Understanding the pros and cons of each use is crucial for informed decision-making.
Residential Potential
Transforming the property into a luxurious residential complex could capitalize on the desirable Cambridge Park Drive location. High-end finishes, modern amenities, and a prime location would likely attract discerning buyers. This approach would require significant investment in renovations, potentially including additions to accommodate contemporary living standards.
Commercial Potential
The property’s sizable footprint and visibility could be ideal for a variety of commercial uses. Retail spaces, office suites, or a mixed-use development could be viable options. The location’s high traffic volume suggests significant potential for attracting customers or employees.
Mixed-Use Potential
Combining residential and commercial functions can create a vibrant and dynamic space. For example, a ground-floor retail area complemented by upscale apartments above could cater to a diverse range of needs. This approach requires meticulous planning to balance the needs of both residential and commercial tenants.
Zoning Regulations and Restrictions
A comprehensive understanding of zoning regulations is essential. These regulations dictate permissible building heights, lot coverage, and allowable uses. Compliance with local ordinances is critical for successful development. Potential restrictions may influence the choice of specific uses, impacting the overall design and implementation.
Renovations and Modifications
Renovations or modifications will likely be necessary to adapt the property for different uses. This might involve structural changes, upgrading utilities, or adding amenities tailored to the chosen use. For example, if the property is to be converted to a residential use, improvements in the plumbing, electrical systems, or exterior facade may be necessary. A detailed analysis of the property’s current state and the desired use will help determine the required modifications.
Potential Use Comparison
| Potential Use | Pros | Cons |
|---|---|---|
| Residential | High-end market demand, potential for high returns, flexibility in design | High upfront costs, lengthy construction time, regulatory hurdles |
| Commercial | High visibility, high traffic, potential for steady income stream | Higher operational costs, potential for tenant issues, stringent regulatory compliance |
| Mixed-Use | Attracts diverse tenants, higher potential for income generation, enhanced property value | Complex design and planning, potential for conflicts between tenants, significant investment required |
The table above provides a concise overview of the potential advantages and disadvantages of each use.
Visual Representation
Stepping onto 101 Cambridge Park Drive is like stepping into a carefully curated dream. The property’s allure extends beyond its impressive facade to encompass a harmonious blend of architectural design, landscaping, and ambiance. Imagine a haven crafted with meticulous attention to detail, inviting you to experience a truly exceptional living environment.This section delves into the visual appeal of 101 Cambridge Park Drive, painting a vivid picture of its exterior and interior, and showcasing its potential uses through evocative descriptions.
We will examine the property’s captivating surroundings and highlight its potential for various lifestyles.
Exterior View and Landscaping
The property’s exterior presents a captivating blend of modern sophistication and timeless elegance. Imagine a stately home with meticulously maintained landscaping that seamlessly integrates with the surrounding environment. Mature trees and vibrant flowerbeds create a tranquil oasis, while thoughtful hardscaping enhances the property’s overall appeal. The home’s architectural design is notable for its symmetry and attention to detail.
Large windows allow natural light to flood the interior, while the carefully selected exterior materials contribute to the property’s overall aesthetic.
Surrounding Environment
The surrounding environment of 101 Cambridge Park Drive offers a harmonious balance between tranquility and proximity to amenities. The neighborhood is known for its friendly atmosphere and walkable streets, allowing residents to enjoy the local shops, restaurants, and parks with ease. Nearby parks provide ample opportunities for recreation, while the convenient access to major transportation routes ensures effortless connectivity.
Interior Description
While a detailed interior description is not yet available, imagine open floor plans that seamlessly connect living areas, creating a sense of spaciousness and light. High ceilings and large windows flood the interiors with natural light, creating a welcoming and airy atmosphere. The careful selection of materials, such as premium hardwood flooring and sleek cabinetry, further enhances the luxurious ambiance.
Modern fixtures and finishes create a contemporary feel, while thoughtful lighting design accentuates the property’s architectural features.
Potential Use Scenarios
Visualizing the potential uses of 101 Cambridge Park Drive is a thrilling prospect. Imagine the property transformed into a stunning family home, featuring spacious rooms for entertaining and cozy nooks for quiet contemplation. Alternatively, consider its potential as a sophisticated executive residence, reflecting a lifestyle of refined comfort and luxury. Future possibilities might include adapting the space into a unique retail outlet or a highly sought-after office building, each use highlighting the property’s versatility.
Imagine renderings depicting these scenarios: a vibrant family gathering in the expansive living room; an elegant business meeting in a modern conference room; a bustling retail environment showcasing the latest products; or a sleek, modern office space radiating professionalism.
Ambiance and Overall Feel
The overall ambiance of 101 Cambridge Park Drive is one of sophisticated tranquility. The careful integration of design elements creates a serene and inviting atmosphere. Imagine a home that exudes warmth and comfort, where the blend of natural light and thoughtful design fosters a sense of well-being. The property’s quiet elegance and refined details create a truly special living environment.
| Location | View | Ambiance |
|---|---|---|
| Cambridge Park Drive | Serene, surrounded by mature trees and landscaping | Sophisticated, tranquil, and inviting |
| Residential neighborhood | Proximity to parks and amenities | Friendly, walkable, and convenient |
