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43 Copper Canopy Dr - Cullowhee River Club

102.62 Acres of Commercial Land Offered at £6,181,355 in Cullowhee, NC 28723

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Investment Highlights

Beautiful river views and mountain views
High standards with HOA and covenants in place

Municipal utilities

Executive Summary

Gorgeous setting on the Tuckasegee River with views of the Smoky Mountains all around. Primarily a single family development with land for additional product types - townhomes, hotel, senior living. Fully entitled with municipal sewer and water from the neighboring campus of Western Carolina Univ. Cullowhee and nearby Sylva offer residents cultural and city amenities, making this an ideal place for retirees, second home buyers, and professionals.

CullowheeRiverClub (2sm)

Property Facts

Price	£6,181,355	Proposed Use	Hospitality Hotel Master Planned Community Single Family Development
Sale Type	Investment	Total Lot Size	102.62 AC
No. Lots	1	Cross Streets	Old Cullowhee Rd.
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Commercial

Price	£6,181,355
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Hospitality Hotel Master Planned Community Single Family Development
Total Lot Size	102.62 AC
Cross Streets	Old Cullowhee Rd.
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price	£6,181,355	Lot Size	102.62 AC
Price Per AC	£60,235

Price	£6,181,355
Price Per AC	£60,235
Lot Size	102.62 AC

Riverfront property with land area running 1.25 miles along river and up to ridgeline. Consistently gentle, sloping, topography. Roads and utilities to first two phases of development. The owners will consider subdividing the property.

Description

One and one-quarter miles of riverfront. Gentle topography right next to Western Carolina University campus. Improvements in place through the second phase for another 51 lots, townhomes, possible lodge, and other amenities. Owners will consider subdividing the property into small parcels for the right buyer.