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MOTIVATED SELLER! 2ND PRICE REDUCTION! One unique property with two great opportunities. Option 1- A purchaser is able to acquire an elaborate home with 8.1362 waterfront acres at the asking price of $1,250,000. Option 2 - It is a ranch with over 25 acres and an elaborate and expansive home in a peaceful, well-manicured country setting only minutes from modern conveniences of city life for an asking price of $1,995,000. Option 3 - It is a private subdivision with 7 platted lots ready for development and 1 lot with a beautiful home ready for the first member of the private community for a purchase price of $1,995,000. Oso Bay Ranch Estates affords a residential developer the opportunity to purchase and immediately develop the remainder of the subdivision without the long process of platting. With great access along the Bay and a large pond, there are many lifestyle features that could benefit the whole private community and create a significant demand for the exclusive subdivision.