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- LoopNet Team
3940 Tall Pine
Roanoke, VA 24014
27 Lots at Loblolly Mill | 81.64 AC · Land For Sale
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81.64 AC
INVESTMENT HIGHLIGHTS
- 81.64 Acres Planned Community Development
- 27 Beautiful Wooded Lots with a 1.75 acre central pond.
- Owner Financing with 10% Down for up to 5 Years. Interest Rate to be Negotiated
- 22.30 Acres of Common Area
- Common Area Features Historic Covered Bridge & Mill House.
PROPERTY FACTS
| Property Type | Land | Proposed Use | Single Family Development |
| Property Subtype | Residential | Total Lot Size | 81.64 AC |
| Zoning | PRD - Planned Residential Development | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Lot Size | 81.64 AC |
| Zoning | PRD - Planned Residential Development |
DESCRIPTION
Loblolly Mill is a 81.64 acre Planned Residential Community in the Mount Pleasant area of Roanoke County. The intent of the project is to develop a high end residential development in a "mountain village concept" while preserving the abundant natural and historic features of the site. The property is unique and picturesque and consists of a series of wooded knolls bordering the property focused centrally on a 1.75 acre pond. There are two primary historic features on the site, a covered bridge and a water powered mill house that serve as key attractions and scenic backdrops for the development. We have 27 lots that are ready for homes. 9 lots (1-8 & 34) have electric service in place. The private streets are all in place. Property Owners Association to handle private streets and the Common Areas with projected monthly dues of $166. Owner financing is available with 10% down for up to 5 years. Interest rate to be negotiated.
