Chadds Ford-based KarMar Realty Group Inc. is marketing theparcel for an asking price of $8 million or nearly $30,000 an acre.Marshall Soss, KarMar's president and CEO, tells GlobeSt.com that"the owner has been assembling the parcel over many years and isnow ready to take it to the next step.

"The zoning is open," he adds, "which makes it subject to a widevariety of potential uses. The property could be developed as anupscale lakefront residential development, a gated residentialcommunity, a hotel/conference center or a myriad of other creativeuses." Soss notes that the land is less than a mile from a privateairport, 10 miles from the Nemocolin Woodlands Resort, 12 milesfrom the Deep Creek Lake resort across the border in Maryland andalso near the Seven Springs resort.

The 16-mile-long Youghiogheny Lake is popular for sailing,canoeing, kayaking, power boating and fishing. In winter, the areais known for cross-country and downhill skiing.