Located in a highly desirable Lincoln area on just over five acres, this property presents exceptional development potential. The parcel offers 57 feet of frontage on Cobble Hill Road and access from the existing Cara Drive cul-de-sac, creating a prime opportunity for new construction or subdivision in a sought-after residential setting. Previously, the land held an approved plan for a three-lot subdivision, and additional preliminary concepts suggest the possibility of up to seven lots, subject to local approvals. Combining size, privacy, and location, this property offers a rare chance for investors or developers to create a high-value project in one of Lincoln's most desirable neighborhoods. The property currently includes a 3,500 sq. ft. single-family home with four bedrooms, five full bathrooms, three fireplaces, a partially finished basement, potential for an in-law suite, and a two-car garage situated on the land.