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0002 Lyle Wilson Road, Cullowhee, NC 28723

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For Sale

$355,000

8.25 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • 8.3 acres
    Lot size

Explore this Property

Fully entitled tract of development land located just .25 mile from Western Carolina University in a federally designated Opportunity Zone. Ideal development opportunity for duplex/townhome style housing to meet the growing demand and stagnant supply of available homes in the Jackson County area. This parcel is entitled to build 11 units of single family detached style homes on 11 building pads. This offering is for pads S17-S27 on the site plan. A complete package of permits, drawings, plans and studies can be supplied to prospective purchasers. The total project area is entitled for a mix of single family and duplex style with 73 total units. 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. Strong area demand for housing units for sale or market/workforce lease. Search other listings in this project area. There are multiple offerings of different areas within the project with list prices from $265K to $1.475M.
MLS# 4301141

Courtesy Of Todd Baucom Realty, Inc.

(828) 269-2014

Property Features

  • Lot Size
    8.25 Acres

Map and Directions

Directions to 0002 Lyle Wilson Road, Cullowhee, NC 28723

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(828) 575-9002
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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