This document summarizes a land development project to divide land into homestead lots near Loon Lake. It describes running power and phone lines, drilling wells, and completing other infrastructure improvements to make the parcels suitable for home building. The initial budget was $75,000 but actual costs exceeded $115,000 due to complications in running utilities and completing road access. In the end, 3 lots sold for a net of $220,500 and the remaining lots are projected to sell for over $735,000, providing a return of $3.51 for every $1 invested despite going over budget.