For Sale
$7,900,000

43 Copper Canopy Dr Cullowhee, NC 28723

Luxury Mountain Estate Development Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional 102.62-acre residential land development in Cullowhee, North Carolina, presents a unique investment opportunity. The master-planned community, situated on the Tuckasegee River with stunning Smoky Mountain views, is partially complete, boasting buried utilities, municipal sewer and water already installed. A significant portion of the infrastructure is already in place, reducing development time and costs. Fifty-one lots have already been sold, with over 30 homes constructed, demonstrating strong market demand. The property is zoned Rural and features extensive covenants establishing high development standards, ensuring the preservation of its upscale character. Its prime location adjacent to Western Carolina University and near downtown Cullowhee provides convenient access to cultural amenities and city conveniences. The General Warranty ownership ensures a clear and secure title. The property's APN is 7559721024. This is a rare chance to acquire a thriving, partially developed community with significant upside potential in a highly desirable location. The asking price is $7,900,000. This development offers a compelling combination of established infrastructure, strong sales history, and a breathtaking natural setting. The high demand for housing in the area ensures a strong return on investment.

Highlights

  • Substantial property improvements are complete.
  • Strong deed restrictions maintain property standards.
  • High occupancy rates projected due to strong local housing demand.

Property Details for 43 Copper Canopy Dr

Property type
Land
Lot Size (sq. ft)
4,470,127 SF

Location Insight

City
Cullowhee
County
Jackson
State
North Carolina
Latitude
35.3049417
Longitude
-83.1676836
43 Copper Canopy Dr, Cullowhee, North Carolina

FAQs

What type of property is this?
Land - Luxury Mountain Estate Development Opportunity
Where is the land located?
The property is located at 43 Copper Canopy Dr Cullowhee, NC.
What is the asking price?
The asking price for this property is $7,900,000.
What are key features of this property?
This property features: Substantial property improvements are complete.; Strong deed restrictions maintain property standards.; High occupancy rates projected due to strong local housing demand.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
43 Copper Canopy Dr
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message