A developer has purchased the multi family lot located at 545 Fairway Terrace in the Moorings. The developers plans are to subdivide the oversized parcel into two building lots and construct two luxury villas for low maintenance luxury living. The homes are spec'd to be approximately 3,000 to 3,500 sq ft of living space with casual covered outdoor living spaces and sun soaked custom pool and spa packages. Private beach park close by. Anticipated pricing of $1,999,000 pre-construction. Well valued for the neighborhood.