698 Golf Course RdOld Fort, NC 28762

  • Golf courses & driving ranges
  • 5,592 SF
For Sale
$975,000 View listing

Property Details for 698 Golf Course Rd

Year built
1961
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
75.99 AC
Property size (Sq ft)
5,592 SF
Property type
Golf courses & driving ranges
APN
0669-00-62-7852
APU
66900627852

Description

This exceptional 45-acre property in McDowell County, North Carolina, presents a unique investment opportunity. Located just six minutes from the vibrant town of Old Fort, this expansive tract boasts stunning mountain views and diverse possibilities. Previously the Old Fort Golf Course, the land has been chemical-free for over five years and features a pond and a small creek. The property includes mature trees and open fields, making it ideal for a variety of uses, including a wedding venue, outdoor recreation center, equestrian facility, vineyard, or other agricultural endeavors. Two active wells are on the site. The property is zoned OU. While 40 acres are restricted against subdividing and residential construction (see deed for details), five unrestricted acres allow for the construction of a home or business, creating a potential live/work compound. Conveniently located 15 minutes from Black Mountain and 30 minutes from downtown Asheville, this property offers unparalleled access to outdoor recreation, including proximity to Catawba Falls, the Fonta Flora/G5 trail system, Curtis Creek, and Pisgah National Forest. The asking price is $975,000, representing a price per acre of $18,750. SkyRunner internet and cellular coverage are available. This is a rare opportunity to acquire a large, versatile tract of land in a rapidly growing area. Don't miss this chance to create your dream project.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,235,150
    Hospitality
    $1,131,391
    Educational
    $941,304
    Medical
    $973,677
    Retail
    $1,464,251

Location Insight

City
Old Fort
County
Mcdowell
State
North Carolina
Latitude
35.6126
Longitude
-82.1392
CBSA code
32000
CBSA name
MARION, NC MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,098
$383,510
$66,780
$450,290
-
$383,510
$66,780
$450,290

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