Definition
A flag lot is an unusual configuration where a narrow strip connects to a larger buildable area—imagine a flag on a pole. It maximizes land use by creating multiple buildable parcels from odd-shaped properties, but it requires careful access documentation and shared easement agreements.
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Find my pathAbout this term
Flag lots maximize land use by creating multiple buildable parcels from irregularly shaped properties. These lots require careful access road design and easement documentation. Flag lot properties may have increased infrastructure costs for individual driveways and utilities. Flag lots appeal to developers seeking to subdivide properties creatively.
Pro Tip
Flag lot properties require crystal-clear easement documentation. Ensure legal clarity on shared access rights before purchasing.
Example
A flag lot configuration creates a rear property with shared driveway access, enabling subdivision of valuable land.