TBD Tower Road, Newland, NC 28657

$250,000

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List Price
$250,000
Days on Market
271
Price Change
▲ $71,000 1773196960
Status
ACTIVE
Type
Land
MLS#
258853
County
Avery
City
Newland
Acres
8.40

Property Description

This is a rare find. 5 +/- acres of gently sloping land conveniently located between Banner Elk and Newland off of Hickory Nut Gap Rd. The lay of the land is beautiful. About half is open pasture and half is wooded. There is a pond on the property. Want a beautiful mountain retreat? This is it! The current owners did a preliminary survey to possibly divide part of the acreage into 4 lots with each being approx. .9 of an acre. Look for this under the documents. There is a natural area that looks like an old roadbed already in place. An investor could build 4 very rent-able cabins on the property and then also have use of the pond. Absolutely beautiful property, Restrictions will only be for a maximum of 4 houses if the land is made into a minor subdivision and no trailers.

Additional Information

Road
Gravel
Elementary School
Newland
High School
Avery County
Sewer
Not Connected, Septic Needed
View
Mountain(s)
Water Features
Pond
Water Source
Not Connected

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Calculator source: Real Geeks

This Listing is courtesy of Marsha McManus with The Summit Group Of The Carolinas. (828) 898-3500

The information from this search is provided by the High 'Country Multiple Listing Service. Please be aware that not all listings produced from this search will be of this real estate company. All information is deemed reliable, but not guaranteed. Please verify all property information before entering into a purchase.”