000 Lyle Wilson Road Cullowhee, NC $ 1,500,000
000 Lyle Wilson Road
$ 1,500,000
New Construction
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000 Lyle Wilson Road

Cullowhee, NC, 28723
$ 1,500,000
Baths0.0

Monthly Estimate*

$ 9,969

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Studio

Lots and Land for sale in Cullowhee, NC

for $1,500,000. The lot size is 27.24.

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.

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Lots and Land Active

Price

$ 1,500,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Acreage

Lot Size

27.24

Town/City

Cullowhee

County/Region

Jackson

MLS | Web ID

4109688

Features
General
Sewer Public Sewer
Utilities Wired Internet Available
Property SubType Acreage
County Jackson
Property Type Land
Possible Use Development Residential Subdevelopment Other - See Remarks
Directions From Sylva NC travel Hwy 107 to WCU and continue southbound on 107 to the lower end of the campus area and turn left off the Hwy onto Lyle Wilson Road just before Cullowhee Valley School. Property s
High School Smoky Mountain
City Cullowhee
Street Name Lyle Wilson
Elementary School Cullowhee Valley
Middle/Junior High School Cullowhee Valley
Standard Status Active
Restrictions N/A
Tax Assessed Value 389630
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Exterior
Lot Features Hilly Level Creek/Stream Wooded Wetlands Wooded
Water Source Public
Lot Size Area 27.24
Road Surface Type Paved
Lot Size Units Acres
Road Responsibility Publicly Maintained Road
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Interior
Street Suffix Road
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Internal Only
Street Number 1 0
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* Excluded Features
List By
Todd Baucom Realty Inc

Broker

Affordability Calculator

$9,969
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,969
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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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THE TIME TO SELL IS NOW!
Nearby
2172614 Elementary School
2172697 Middle School
Smoky Mountain High School High School
Pricing History
DatePricePrice ChangeDescription
2/16/2024$1,500,000 Listed Price

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000 Lyle Wilson Road, Cullowhee, NC, 28723 is a Lots and Land for sale at $1,500,000 with a lot size of 27.24. 000 Lyle Wilson Road is a studio with 0.0 baths. The property's zip code is 28723 which is in Cullowhee, NC