1005 Hendersonville Hwy., Pisgah Forest, NC 28768
Photo 1 of 1
$270,000
Sold on 10/16/20
Beds Baths Sq. Ft. Taxes Built
3 1.00 1,218 1940
On the market: 770 days
View full details, 15 photos, school info, and price history
2.8 acres close to Pisgah National Forest as well as Dupont. The home could be used for a residence or an office with some work. There is access to the property off of the Hendersonville Highway and two entrances from Upper Glade Creek Road. The land would be suitable for many different uses. At one time there were two other mobile homes on the property as well as the brick home. This property is in an Economic Opportunity Zone. According to the Transylvania County Economic Alliance opportunity zones were created to stimulate growth in communities across America by providing a tax incentive for private investors to make long-term investments. Rather than paying taxes on unrealized capital gains, investors have the option to reinvest these gains into Opportunity Zones by placing the gains in an Opportunity Fund. As long as the funds remain invested, taxation is temporarily deferred. If gains remain invested in opportunity zones for 10 years, the capital gains tax is permanently waived.
Listing courtesy of John Tinsley, Looking Glass Realty