$1,475,000

000 Lyle Wilson Rd Cullowhee, NC 28723

Estimated payment $7,912/month

Total Views 4,217
27.24 Acres
$54,148 Price per Acre
1,186,574 Sq Ft Lot

Highlights

  • 27.24 Acre Lot
  • Heavily Wooded Lot
  • No HOA

About This Lot

Fully entitled tract of development land located just .25 mile from Western Carolina University and in a federally designated Opportunity Zone. 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 require about 30 new professor hires at WCU in the next 18-24 months.

Listing Agent

Todd Baucom

Todd Baucom Realty, Inc. Brokerage Phone: 8282692014 License #159935 Listed on: 02/15/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,481

Lot Details

  • 27.24 Acre Lot
  • Property fronts a state road
  • Heavily Wooded Lot

Schools

  • Cullowhee Valley Elementary And Middle School
  • Smoky Mountain High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7558282984, 7558188604, 7558189344

Property Details

Property Type

Land

Est. Annual Taxes

$1,481

Lot Details

0

Listing Details

  • Property Sub Type: Subdevelopment,Commercial,Residential,Land
  • Prop. Type: Land
  • Lot Size Acres: 27.24
  • Road Frontage Type: State Road
  • Road Surface Type: Paved
  • Ownership: More than One Year
  • 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.
  • Habitable Residence: No
  • NAV27_rets_property_type: Land
  • Attribution Contact: 8282692014
  • Special Features: None

Interior Features

  • Possible Use: Single Family, Double-wide Mobile Home, Other

Exterior Features

  • Lot Features: No Deed Restrictions, Other
  • Topography: Level,Hilly/Steep
  • View: No
  • Other Structures: None

Utilities

  • Electric: Overhead Electric
  • Electricity On Property: Yes
  • Utilities: Sewer Available, Water Available
  • Water Source: TWSA

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Cullowhee Valley
  • High School: Smoky Mountain
  • Middle Or Junior School: Cullowhee Valley

Lot Info

  • Lot Size Sq Ft: 1186574.4
  • Parcel #: 7558282984, 7558188604, 7558189344

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1480.59
  • Tax Book Number: 2262, 2238, 2262

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2025 09/05/25 For Sale $1,475,000 +456.6% --
09/05/2025 09/05/25 For Sale $265,000 -82.0% --
04/01/2025 04/01/25 Off Market $1,475,000 -- --
12/05/2024 12/05/24 Price Changed $1,475,000 -1.7% --
07/22/2024 07/22/24 For Sale $1,500,000 0.0% --
07/01/2024 07/01/24 Off Market $1,500,000 -- --
02/16/2024 02/16/24 For Sale $1,500,000 -- --
Source: Carolina Smokies Association of REALTORS®

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26035807