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Franklin Bellamy

LIFESTYLE International Realty

franklin@unlockingrealestate.co +1(704) 904-5142

$ 1,475,000

Est. payment -/mo

Save

Active

340 Lyle Wilson RD Cullowhee, NC 28723

27.24 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Acreage

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4300708

Lot Size 27.240 Acres

Acres 27.24

Property Sub-Type Acreage

Property Description

Fully entitled tract of development land located just .25 mile from Western Carolina University and in a federally designated Opportunity Zone. 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 require about 30 new professor hires at WCU in the next 18-24 months. Property can be divided into sections to allow for a Phased Development Plan. Seller would consider selling a section with an option on the remaining lands.

Location

State NC

County Jackson

Zoning Fully Entitled Permit

Exterior

Street Surface Paved

Building

Sewer County Sewer, Public Sewer

Water County Water, Public

Schools

Elementary Schools Cullowhee Valley

Middle Schools Cullowhee Valley

High Schools Smoky Mountain

Others

Senior Community false

Special Listing Condition None

Listed by Todd Baucom • Todd Baucom Realty Inc • todd.baucom@gmail.com

This is the second house that we've purchased using Franklin's services. We've enjoyed working with him both times. He truly tries to help you find exactly what you are looking for. Franklin is very dedicated to his customer's needs, attentive to details, extremely knowledgeable and has great work ethics. And overall Franklin is a good guy. If you need to buy or sell property with minimal stress, I strongly recommend you call Franklin. "-

Iryna T.

+1(704) 904-5142

franklin@unlockingrealestate.co

1800 Central Ave, Charlotte, NC, 28205, USA