3% Buyer's Agent Commission
It is a rare opportunity, when a house provides so many options for the future. This 2,311 heated sq ft home could be a private residence, an income-producing property, or a Special Use Permitted structure. Other benefits are that the property is zoned R2R, located in the county, has a 30ft right-of-way from Sugarloaf Road, and a three-bedroom septic.
The property is in Henderson County, where short-term rentals are allowed. The house is priced $10,000.00 under a recent appraised value, and it is ready for immediate occupancy.
This property has the potential for a long-term equity build as local builder's approved development project, called the Cottages at Sugarloaf Meadows, breaks ground. In a recent article, Bill Moss wrote that the cottages at Sugarloaf would be modeled after Cottages at Bryon Forest. At this time, the sizes of homes at Cottages at Bryon Forest range from 1,780 to 2,000 square feet, and prices range between $650,000 and $775,000 for a 3-bedroom and 2 or 3 bathroom home.
An additional plus to securing this house is the 1.07 acres that is adjacent to the home. The Seller has requested that the land not be sold until the house has closed, and the new owners have the option on the property. A family member has first-right-of refusal, when any offer is made on the land only.
It is an exceptional property in excellent condition with amazing views.
Come schedule you appointment today!
67 Twin Elm Knoll
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