A former nursing home in Douglas, which was to be converted into more than 30 apartments, could now be transformed into townhouses.
Site owner Kirindolam 3, which is registered in Lord Street in Douglas, says it wants to create six new properties on the site at Saddle Mews.
It says the four-bedroomed homes would have 12 parking spaces in total and come with solar panels and air source heat pumps.
Previous proposals to create 34 flats were started but later abandoned.
High ground could see 4 inches of snow on Saturday night
Mountain Road unlikely to open before Monday
Yellow warning for freezing temperatures tonight
School bangers night called off
AK47 and Uzi handed in to police
"No dispute" over Liverpool Ferry Terminal, says main contractor
More weekend bus strikes to come after 10-day walkout?
Minister to face question about bus strike