11025 Reed Mine Road

    Locust, NC 28097
    • $25,900,000
    • STATUS: Active
    • ON SITE: 275 days
    • ID#: 3460000
    $25,900,000
    • 0
      BEDS
    • 430
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Vacant Land / Lots
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    Offered by Landvestors Group, Llc. Copyright 2019 Canopy MLS. All rights reserved.

    Description

    DEVELOPMENT OPPORTUNITY in the growing city of Locust, NC. Only 25 minutes from center city Charlotte, NC. The Villages At Red Bridge is an existing Golf Course community with one neighborhood already in place with homes currently under construction. There are an agreed to 1042 units that can be constructed with the city and the rights to sewer capacity for these units. Single Family homes, patio homes and condos or duplexes. Future development will require roads and underground utilities to be continued throughout the property. This is a large project for the right developer. The sale will consist of Approximately 230 +/- Acres of buildable space and the 180 +/- acre golf course. The course has been running for close to 10 years, is managed by a company and is profitable. There are still an available 40 +/- lots that are already complete with street and utilities in the current Glenwood Neighborhood that could also be discussed in addition to the current offer. Possible partnering.

    Monthly Payment Calculator



    Based on information submitted to the MLS GRID as of 2019-09-21T23:58:55.413 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Cloninger Properties nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2019 Canopy MLS.

    Digital Millennium Copyright Act
    www.cloningerproperties.com/homes/90187536

    11025 Reed Mine Road Locust, NC 28097

    • Price: $25,900,000
    • Status: Active
    • ID#: 3460000
    0
    Beds
    0
    Baths
    0
    ½ Baths
    430
    Acres
    County:
    Cabarrus
    Area:
    Locust
    Elementary School:
    Unspecified
    Middle School:
    Unspecified
    High School:
    Unspecified
    Property Description
    DEVELOPMENT OPPORTUNITY in the growing city of Locust, NC. Only 25 minutes from center city Charlotte, NC. The Villages At Red Bridge is an existing Golf Course community with one neighborhood already in place with homes currently under construction. There are an agreed to 1042 units that can be constructed with the city and the rights to sewer capacity for these units. Single Family homes, patio homes and condos or duplexes. Future development will require roads and underground utilities to be continued throughout the property. This is a large project for the right developer. The sale will consist of Approximately 230 +/- Acres of buildable space and the 180 +/- acre golf course. The course has been running for close to 10 years, is managed by a company and is profitable. There are still an available 40 +/- lots that are already complete with street and utilities in the current Glenwood Neighborhood that could also be discussed in addition to the current offer. Possible partnering.
    Exterior Features

    Lot Description On Golf CourseOpen/ClearedPasturePond/LakeWooded Outbuildings Yes

    Property Features

    Agent Owner Yes Community Features Club HouseGolf CoursePond Habitable Residence Yes HOASubject To None Land Type Acreage Min Sq Ft To Build 2200 Restrictions Architectural Review Sewer City Sewer Special Conditions None Water County Water Zoning Ops



    Based on information submitted to the MLS GRID as of 2019-09-21T23:58:55.413 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Cloninger Properties nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2019 Canopy MLS.

    Digital Millennium Copyright Act
     
    Cloninger Properties
    117 North Pilot Knob Road
    Denver NC, 28037
    Offered by Landvestors Group, Llc. Copyright 2019 Canopy MLS. All rights reserved.