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27.24 Acres Lot
$ 1,500,000
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27.24 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Acreage
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4109688
Lot Size 27.240 Acres
Acres 27.24
Property Description
Fully entitled tract of development land located just .25 mile from Western Carolina University and Cullowhee Valley School. Ideal development opportunity for single family and duplex style housing to meet the growing demand and stagnant supply of available homes in the Jackson County area. This parcel is entitled to build 73 total units in a mix of single family detached and duplex style houses. A complete package of permits, drawings, plans and studies can be supplied to prospective purchasers. The grunt work has been completed and this is ready to go vertical, saving significant time and money. Jackson County caused a housing study in 2019. The result of the study revealed that over 2000 housing units should be constructed in Jackson County between 2020 and 2025. The volume of new construction since 2020 is no where close to that 2000 unit need. New $80M Engineering program expansion will requirie about 30 new professor hires at WCU in the next 18-24 months.
Location
State NC
County Jackson
Zoning SFR MH
Exterior
Utilities Available Wired Internet Available
Building
Lot Description Hilly, Level, Creek/Stream, Wooded, Wetlands
Sewer Public Sewer
Water Public
Schools
Elementary Schools Cullowhee Valley
Middle Schools Cullowhee Valley
High Schools Smoky Mountain
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
© 2024 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Listed by Todd Baucom • Todd Baucom Realty Inc • todd.baucom@gmail.com
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Mary Burr Newsome & Marlo Taylor
REALTORS®