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$950,000
Sold on 8/20/21
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On the market:
78 days
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View full details, 15 photos, school info, and price history
Great investment opportunity, 31 Acres in a beautiful location; This acreage offers a rural setting, but is only minutes away from highway 73, highway 16 and Lake Norman; Lincoln county offers some of the lowest property taxes in the area; It is currently zoned R-T which offers a broad range of uses including single family development, multi family development, agricultural, or can be a haven for a private estate; According to Lincoln county, R-T allows duplexes, 1 duplex per lot, minimum lot size 32,500 square feet (0.746 acre), and because the lots would be served by septic systems, there would be no holdup since there is currently a sewer moratorium in place; potential for roughly 40 rental units! the property has a creek that runs in the north west portion; seller will consider seller financing or leasing land!!
Listing courtesy of Marty McCarthy, Lake Norman Realty, Inc.