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Deer Valley Drive - Deer Valley at Davy Mountain

158.62 Acres of Residential Land Offered at £1,291,043 in Warne, NC 28909

Investment Highlights

  • Beautiful Views
  • High Demand
  • Increasing Population

Executive Summary

SELLER FINANCING OR LOT RELEASE STRUCTURE MAY BE AVAILABLE. Booming area! This sale includes two phases of a previous development. The 1st phase is 28 buildable lots and common areas. There are already other built homes in the development. The 2nd phase is 118 acres of raw land.

Data Room Click Here to Access

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per AC
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Taxes
Annual $99,999
Annual Per AC $9.99
Operating Expenses
Annual $99,999
Annual Per AC $9.99
Total Expenses
Annual $99,999
Annual Per AC $9.99

Property Facts

Price £1,291,043
Sale Type Investment
Sale Conditions
Development Sale
  • REO Sale
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 158.62 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price £1,291,043
Price Per AC £8,139
Lot Size 158.62 AC

28 single family lots already divided from the Phase 1 development. These 28 lots are all between 1 acre and 1.7 acres. Phase 2 is 118.89 acres of additional land. Phase 2 has not been divided and has no improvements. See the files for a breakdown.

Description

This sale includes two phases of a previous development. The 1st phase is 28 buildable lots and common areas. There are already other built homes in the development. The 2nd phase is 118 acres of raw land.

  • Listing ID: 30701820

  • Date on Market: 19/01/2024

  • Last Updated:

  • Address: Deer Valley Drive, Warne, NC 28909

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