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.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) Program of the Triad MLS, Inc. of High Point, NC. Real estate listings held by brokerage firms other than Blair Properties LLC are marked with the Internet Data Exchange logo or the Internet Data Exchange (IDX) thumbnail logo (the TRIAD MLS logo) and detailed information about them includes the name of the listing brokers.
The IDX information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify perspective properties consumers may be interested in purchasing.
The broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. Information Deemed Reliable But Not Guaranteed.
© 2021 Triad MLS, Inc. of North Carolina. All rights reserved.
Listing information last updated on September 20th, 2021 at 8:54pm CDT.