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$1,350,000
Off Vannoy Rd, Millers Creek, NC 28651
0 Beds
0 Baths
n/a sqft

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This is a new sub-division that was started in 2007 with approximately 2-miles of paved roads, under-ground utilities, 2-large concrete bridges, a pond, streams, timber, and lots of trails. No lots have been sold. The total developer's investment was in excess of $9,000,000. Developer declared bankruptcy and bank foreclosed. Property's new owner has since purchased a much larger parcel of land to build his private estate. This property can still be a development, or a family retreat / compound! The current owner now has the property in the Present Use Value Program, where the timber is in a management program. Taxes for the 509-acres are $846.53 per year! This is the best investment opportunity that I have ever had the opportunity to be a part of. The asking price of $1,350,000 is FIRM.
  • Price:
  • $1,350,000
  • Acreage:
  • 509.00
  • Listing ID #:
  • 1022411
  • Street Address:
  • Off Vannoy Rd
  • City:
  • Millers Creek
  • State:
  • North Carolina
  • Postal Code:
  • 28651
  • County:
  • Wilkes (224)
  • Listing Status:
  • Active
  • Listing Type:
  • Land
  • Other Buildings:
  • See Remarks
  • Approximate Total Acres:
  • 458 - 534
  • Lot Features:
  • Timber, Creek, Dead End, Mountain, Mountain View, Pond, River, Riverfront, Rolling Slope, Sloped, Stream, Views, Wooded
  • Road Frontage Type:
  • Easement, 2-Lane, Deeded Right Of Way
  • Road Type:
  • Paved
  • Suitable Use:
  • Commercial, Investment, Multi-Family, Recreational, Resort, Single Res, Timber
  • Wooded Acres:
  • 21780000
  • Days On Market:
  • 140
  • Originating Mls:
  • Triad Mls
  • Terms:
  • Will Not Divide, Cash, Conventional
  • Property Taxes:
  • $846
  • Fence Type:
  • No Fencing
  • Electricity:
  • Remarks
  • Existing Water:
  • Well
  • Gas:
  • Type: None Available
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By: Carolina's Land
  • NCTRIAD

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