Property Status:
A
Type:
Subdevelopment, Commercial, Residential
MLS Number:
26035807
List Price:
$1,500,000
Topography:
Level, Hilly/Steep, Heavily Wooded
Parcel Size:
27.24
Apx Acreage Range:
20-29.99
Lot Number:
Address:
Lyle Wilson Road
City:
Cullowhee
Zip Code:
28723
Subdivision:
N/A
Area:
Cullowhee
County Tax:
1480.59
Utilities:
Sewer Available, Water Available, Overhead Electric, TWSA
Restrictions:
Yes
Remarks:
Fully entitled tract of development land located just .25 mile from Western Carolina University and Cullowhee Valley School. Ideal development opportunity for single family and duplex style housing to meet the growing demand and stagnant supply of available homes in the Jackson County area. This parcel is entitled to build 73 total units in a mix of single family detached and duplex style houses. A complete package of permits, drawings, plans and studies can be supplied to prospective purchasers. The grunt work has been completed and this is ready to go vertical, saving significant time and money. Jackson County caused a housing study in 2019. The result of the study revealed that over 2000 housing units should be constructed in Jackson County between 2020 and 2025. The volume of new construction since 2020 is no where close to that 2000 unit need. New $80M Engineering program expansion will requirie about 30 new professor hires at WCU in the next 18-24 months.
Directions:
From Sylva, NC travel Hwy 107 to WCU and continue southbound on 107 to the lower end of the campus area and turn left off the Hwy onto Lyle Wilson Road just before Cullowhee Valley School. Property starts just beyond Wisdom Drive intersection on both sides of the road.
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