$799,000
For Sale

Multiple Cedar Wood Drive

Franklin, NC 28734
Browse 31 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

DEVELOPMENT SALE: exclusive offering of 24 lots in the gated community of Walnut Hills with the addition of the astounding and iconic Cedar Knob 116.96 acre conservancy easement land that includes four more home sites. Add your own nature trails, viewing platforms, and other endless possibilities! With exclusive access only to Walnut Hills, this offering has it all! Expansive views that travel for miles, meandering creeks, rock faces, beautiful meadows and clearings. Two community wells are included in this sale, along with one private well on lot 11 and underground electricity through Duke Energy already in place. Roads are roughed in and will be easy to complete and pave. Views from almost every lot, with breathtaking long range views from multiple lots. Most parcels are between one- and two-acres, giving you a total acreage of 31.99 +/- acres for the 24 lots. There are also roads roughed in for the conservation parcel with access from Stiwinter Road. The first home on the right inside gate is currently the only home in the community; it is being used a rental. This and 12 other lots have been sold over the years and privately owned. Opportunities are endless for this development piece. You are only 20 minutes from downtown Franklin, 30 minutes from Main Street in Highlands, and a short 20 minutes to the public boat put-in and beach area of Lake Glenville. HOA not active as purchaser would hold the rest. Must see to imagine all the possibilities!

  • Property Details
      • Structure TypePrivate, Shared Well, Well
      • Property TypePurchase
      • MLS #101450
      • Cost799000
      • MLS #101450
      • CountyMacon
      • Property SubtypeLand

Location

Ron HensleyReal Estate Group
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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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