340 Lyle Wilson Road, Cullowhee, NC 28723

Land
Built in ——
27.24acre lot
—— car garage
$——/sqft
Listed 29 days ago

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.

Listing Status:: Active
Listing Office:: Todd Baucom Realty Inc : 828-269-2014
MLS ID:: 4300708

Road/Access: Paved
Originating MLS: carolina
County: Jackson

Zoning: Fully Entitled Permit7558-28-29847558-18-86047558-18-9344

Water: County WaterPublic
Sewer: County SewerPublic Sewer

Source: carolina

This listing courtesy of Todd Baucom Realty Inc

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Cullowhee Valley School

240 Wisdom Dr, Cullowhee, NC, 28723

Grades KG-8

0.21 miles away

Cullowhee Valley School

240 Wisdom Dr, Cullowhee, NC, 28723

Grades KG-8

0.21 miles away

Smoky Mountain High School

100 Smoky Mountain Dr, Sylva, NC, 28779

Grades 9-12

4.10 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.