1575 HIGHWAY 87, GILCHRIST, TX 77617
Homes for sale in Gilchrist.
Homes for sale in 77617.
1575 Highway 87
Gilchrist, TX 77617
List Price$2,450,000
Listing #58036651
123.04
Acres
Lots / Land
Type
About This Property
Positioned in the heart of the rapidly expanding Bolivar Peninsula, this 123.038-acre tract with ±1,100 feet of frontage offers exceptional upside for commercial or residential development. The area is undergoing transformative growth: * 1,000-ft T-shaped fishing pier & public park at Roll Over Pass (completion expected July 2026) * 110-acre Peninsula Beach Resort in Crystal Beach featuring retail, hospitality, luxury condos, rental cottages & private airport * Nearly $100M Camp Margaritaville expansion tripling resort capacity * $110M Entergy Texas infrastructure upgrade enhancing grid reliability * Strong demand for luxury beach homes & short-term rentals on oversized lots With expanding tourism, infrastructure investment, and luxury residential growth, this property presents a strategic land acquisition opportunity in a high-demand coastal corridor. Ideal for mixed-use development, resort concepts, residential subdivision, or long-term land hold.
Property Features
Location Information
County
Galveston
Longitude
-94.511985
MLS Area
Caplen
Subdivision
E FRANKS SUR
Latitude
29.50519
Directions
From the ferry landing, drive approximately 19.6 miles. The property is on your left.
Exterior Features
Acre Range
50 or more Acres
Waterfront Description
Bayfront, Canal Front, Ocean Access, Pond, Waterfront
Lot Description
Other, Split Possible, Views, Waterfront
Has Waterfront
Yes
Lot Size in Acres
123.038
View Description
Bay, Beach, Canal, Water
Lot Size in Sq. Ft.
5,359,535
Is One Story
No
School
School District
High Island
Middle School
HIGH ISLAND SCHOOL
Elementary School
HIGH ISLAND SCHOOL
High School
HIGH ISLAND SCHOOL
Additional Information
Finance Available
Buyer Assistance Programs, Cash, Conventional, Investor Financing, Other, Texas Vet, USDA Loan
Year Built
0
Property Type
LL
Status
Active
Similar Listings
Mortgage Calculator
$11,440
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$8,828
Monthly Tax
$2,041
Monthly Insurance
$571
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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