NOT LISTED FOR SALE

Off Vannoy Rd Wilbar, NC 28651

509 Acres
-- Price per Acre
22,172,040 Sq Ft Lot

Last Sold December 20, 2021

Last sale price $1,350,000

172 Days on Market

Highlights

  • 509 Acre Lot
  • Mountainous Lot
  • No HOA
  • Millers Creek Elementary School Rated A-
  • Wooded Lot
  • Views

About This Lot

As of December 2021

This is a new sub-division that was started in 2007 with approximately 2-miles of paved roads, under-ground utilities, 2-large concrete bridges, a pond, streams, timber, and lots of trails. No lots have been sold. The total developer's investment was in excess of $9,000,000. Developer declared bankruptcy and bank foreclosed. Property's new owner has since purchased a much larger parcel of land to build his private estate. This property can still be a development, or a family retreat / compound! The current owner now has the property in the Present Use Value Program, where the timber is in a management program. Taxes for the 509-acres are $846.53 per year! This is the best investment opportunity that I have ever had the opportunity to be a part of. The asking price of $1,350,000 is FIRM.

Last Agent to Sell the Property

Larry Caudill

Carolina's Land, Inc. License #217990 Listed on: 05/03/2021

Co-Listed By

Chris Breden

NC Mountain Land, LLC License #235972

Last Buyer's Agent

Chris Breden

NC Mountain Land, LLC License #235972

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $847

Lot Details

  • 509 Acre Lot
  • Property fronts an easement
  • Street terminates at a dead end
  • Lot Has A Rolling Slope
  • Mountainous Lot
  • Wooded Lot
  • Property is zoned RA

Farming

  • Timber

Utilities

  • Well
  • Sewer Not Available
  • Phone Available
  • Cable TV Available

Additional Features

  • Property Views

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2000613 and 2003024
  • 1% Total Tax Rate

Property Details

Property Type

Land

Est. Annual Taxes

$847

Lot Details

509 Acres

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 509
  • Lot Size: Irregular
  • Road Frontage Type: Easement, 2-Lane, Deeded Right of Way
  • Road Surface Type: Paved
  • Co List Office Mls Id: WNCMTNLA01
  • Co List Office Phone: 336-927-4261
  • Directions: From I-77 N take US421 N to NC16 N to Old NC 16 N to Vannoy Road. Property entrance is 1-mile on left.
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_PhoneYN: Yes
  • TRIADMLS_AdCopy: Best Investment Ever!
  • Special Features: None

Interior Features

  • Possible Use: Commercial, Investment, Multi-Family, Recreational, Resort, Single Family, Timber

Exterior Features

  • Fencing: None
  • Lot Features: Timber, Dead End, Mountain, Rolling Slope, Sloped, Views, Wooded
  • Other Structures: See Remarks
  • Flood Zone: Not in Flood Zone

Utilities

  • Sewer: None
  • Electric: Remarks
  • Water Source: Well
  • TRIADMLS_CableYN: Yes
  • Gas Company: Type: None Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Wooded Area: 21780000
  • Parcel #: 2000613 and 2003024
  • Zoning: RA
  • TRIADMLS_ClearedAcres: 9
  • TRIADMLS_AcresRange: 458 - 534

Green Features

  • TRIADMLS_EnvironmentalHazards: No

Tax Info

  • Tax Annual Amount: 846.53
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 0.78
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Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2021 12/20/21 Sold $1,350,000 0.0% --
10/23/2021 10/23/21 Pending -- -- --
05/03/2021 05/03/21 For Sale $1,350,000 -- --
Source: Triad MLS

Agents Affiliated with this Home

  • Larry Caudill

    Seller's Agent in 2021

    Larry Caudill

    Carolina's Land, Inc.

    (336) 467-5178

    81 Total Sales

    Larry Caudill
    Section Image
  • Chris Breden

    Seller Co-Listing Agent in 2021

    Chris Breden

    NC Mountain Land, LLC

    (336) 927-4261

    84 Total Sales

    Chris Breden
    Section Image
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Map

Source: Triad MLS

MLS Number: 1022411

Triad MLS
North Carolina Wilkes County 28651

Off Vannoy Rd, NC

Not Listed for Sale

Lots

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