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Deer Valley Drive - Deer Valley at Davy Mountain 158.62 Acres of Residential Land Offered at $1,650,000 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
- Market Information
- Operating and Financials
- Investigations
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 | $1,650,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Single Family Development |
| Sale Conditions | Total Lot Size | 158.62 AC | |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land |
| Price | $1,650,000 |
| Sale Type | Investment |
| Sale Conditions | |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Lot Size | 158.62 AC |
| Opportunity Zone |
Yes |
1 LOT AVAILABLE
Lot
| Price | $1,650,000 | Lot Size | 158.62 AC |
| Price Per AC | $10,402.22 |
| Price | $1,650,000 |
| Price Per AC | $10,402.22 |
| 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.
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Deer Valley Drive - Deer Valley at Davy Mountain
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