Foreclosure - Views
Address
Off Vannoy Road Millers Creek, NC
Price
$ 1,350,000
Property Attributes
  • MLS#1022411
  • TypeLand
  • CountyWILKES
  • CityMillers Creek
  • Zip28651
  • StyleCommercial,Investment,Multi-Family,Recreational,Re
  • Taxes846
  • Price$ 1,350,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size509 Acres
Listing Provided Courtesy Of:
Carolina's Land, Inc.
Data Source:
Triad Multiple Listing Service, Inc.
Property Description

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.

Price History
5/3/2021 Listed $1,350,000

General Features

Association Y/N No
Electric Remarks
Property SubType Unimproved Land
Property Type Land
Sewer None

Interior Features

Total Heated Finished SqFt Range 0 - 0

Exterior Features

Acres Range 458 - 534
Fencing No Fencing
Lot Features Timber, Dead End, Mountain, Rolling Slope, Sloped, Views, Wooded
Lot Size Acres 509
Road Surface Type Paved
Water Source Well
Wooded Area 21780000

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 28651

Price
AVG $300K
$1.35M
Taxes
AVG $390
$846
Visits
AVG 37
7

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