01 Hooper Cemetery Road Cullowhee, NC, 28723
$ 195,500Bedrooms Baths0.0
for $195,500. The lot size is 53.180 Acre(s).
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!
Lot Description All Year View Can be Subdivided Private Rolling/Hilly Sloping Steep Stream/Creek Wooded / Trees
Waterfront Description Lake Access
List By Latria Incorporated
- Monthly Principal & Interest
- Monthly Property Taxes
- Monthly Home Insurance
Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Lots and land listings in Cullowhee, NC
Average List Price $402,274
Percent of Sale Price 106 %
About Cullowhee, NC
83 %Since 2002
$ 37,233 Median Income
23.25 Median Age
16 % Households with Children
Unspecified Elementary School
Unspecified Middle School
Unspecified High School