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$157,000
Sold on 5/28/19
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On the market:
11 days
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View full details, 15 photos, school info, and price history
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!
Listing courtesy of Jim Townsend, Townsend Realty Group