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Golf Course
Address
11025 Reed Mine Road Locust, NC
Price
$ 25,900,000
Property Attributes
  • MLS#3460000
  • TypeLot-Land
  • CountyCABARRUS
  • CityLocust
  • AreaCabarrus County
  • Zip28097
  • StyleAcreage
  • Price$ 25,900,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size430 Acres
Listing Provided Courtesy Of:
Landvestors Group, LLC
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.

Elementary School Middle School High School
Unspecified Elementary School Unspecified Middle School Unspecified High School
Price History
12/20/2018 Listed $25,900,000

General Features

Access City Street
Elementary School Unspecified
High School Unspecified
Middle/Junior School Unspecified
Property Sub Type Acreage
Property Type Lots/Acres/Farms
Restrictions Architectural Review
Status Active

Exterior Features

Community Features Club House, Golf Course, Pond
Lot Description On Golf Course, Open/Cleared, Pasture, Pond/Lake, Wooded
Lot Size Area 430.000
Out Buildings Y/N Yes
Sewer City Sewer
Water County Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 28097

Price
AVG $980K
$25.9M
Visits
AVG 139
353

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