$157,000
$195,500
19.7%For more information regarding the value of a property, please contact us for a free consultation.
53.18 Acres Lot
SOLD DATE : 05/28/2019
Key Details
Sold Price $157,000
Property Type Vacant Land
Sub Type Lots/Acres/Farms
Listing Status Sold
Purchase Type For Sale
Subdivision The Farm At Caney Fork
MLS Listing ID 3508938
Sold Date 05/28/19
Lot Size 53.180 Acres
Acres 53.18
Property Description
With tax value of $980,000, this parcel is priced SIGNIFICANTLY BELOW current market! Known as "The Farm at Caney Fork Creek", property includes 23 of 31 remaining HUGE lots totaling 53-acres located on south-facing half of a mountain with amazing views & deeded access to an active trout stream. Former developer literally spent 10s of thousands on surveying, lot design & installation of compacted gravel road system throughout. Endless Possibilities. As an already pre-approved & recorded subdivision, you can pick up development where the former developer left off. As majority owner, CCRs could also be amended or even be dissolved. You could build your own castle/chalet, cabin get-away, family compound, build & sell individual homes to supply professor or staff housing for nearby WCU, or just sell lots. Asking price averages less than $9k per lot. Current market is easily $20-30k per lot with higher elevations likely commanding even a higher price! What a bargain! Won't last long!
Location
State NC
County Jackson
Body of Water Caney Fork
Exterior
Exterior Feature Other
Community Features Lake Access, Other
Building
Lot Description Long Range View, Mountain View, Private, Rolling Slope, Sloped, Steep Slope, Creek/Stream, Wooded, Views, Year Round View
Sewer Other
Water Other
Schools
Elementary Schools Unspecified
Middle Schools Unspecified
High Schools Unspecified
Others
Restrictions Other - See Media/Remarks
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
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Bought with Jim Townsend • Latria Incorporated
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "