This rarely works, because buyers tend to prefer their own plans, but sometimes it does, like here
/The 5.8 -acre lot at 29 Meadowbank Lane sold for $4.9 million in June, 2020, to a buyer who had a house, pool, and guest house not only designed, but approved by all the various town regulatory authorities. I suppose his plans changed (I believe he took a job in Florida) and the package was put back up for sale in April for $7 million. It found a buyer immediately, and closed yesterday for full price.
The price is understandable: there should be a premium for offering a shovel-ready project, one that saves a buyer looking to build new 1-to-1 1/2 years of planning and delay, but in practice, the original owner usually ends up eating his expenses. So good for this seller: he found that one-in-a-hundred buyer who shared his vision.
I’ll note that, at this price, the finished product is going to be one hell of an expensive place.