4721 Edwards Drive, Apex, NC 27539

Two contiguous parcels totaling 3.97+/- acres are available on Sunset Lake Road and Edwards Drive in Holly Springs. Across the street is Peterson Station at Sunset Lake, a new mixed-use community with more than 300 apartments and over 40,000 square feet of ground floor retail. Parcels to be sold together for $500,000. Zoned rural residential (RR), the Town's Mixed Residential (MR) Neighborhood Future Land Use designation (see Town's Comprehensive Plan) for these parcels prioritizes residential uses, from single-family to attached dwellings. Given the MR Future Land Use designation, the Seller attempted to rezone the property to accommodate townhomes (see attached proposed site plan change to townhomes). After meeting with Holly Springs Development Services, the Seller learned that the pump station that sewer from these parcels would drain to is at capacity. No timeline was provided by the Town as to when additional capacity would be available. Municipal water and sewer … read more …