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    341 Country Club Dr Franklin, NC 28734

    Sponsored
    For Sale
    $2,800,000

    100+ acre golf course, senior living potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Exceptional investment opportunity in Franklin, North Carolina! This 100+ acre property features an active 18-hole golf course, designed by Bruce Devlin in 1980, boasting a par 72, 6,153 yards, slope 130, and rating 68.6. The course is situated within the gated community of Mill Creek Estates, offering privacy and exclusivity. Approximately 2.8 acres are designated for the potential development of an 88-unit independent living facility, catering to the high demand in this area. Located just 19.5 miles from Highlands, NC, a renowned mountain resort town, this property benefits from its proximity to popular outdoor attractions like the Nantahala National Forest, the Great Smoky Mountains, and the Appalachian Trail. The surrounding area is known as the "Gem Capital of the World," and boasts a 60.6% household percentage of residents over 55 within a 10-mile radius, indicating strong potential for senior living development. The property includes seven buildings, built in 1988, and is zoned Watershed Class III. This unique offering combines the established revenue stream of an active golf club with the significant upside potential of a thriving senior living community. The property's APN is 6564675230. This is a rare chance to acquire a substantial property with diverse income streams and significant future development possibilities. The asking price is $2,800,000.

    Property Features for 341 Country Club Dr

    General Information

    Property type
    Golf courses & driving ranges
    Lot Size
    4,356,000 SF

    Building Details

    Year Built
    1988
    Buildings
    7
    Stories
    1
    Units
    5637

    HighLights

    • 100+ acre property in Franklin, NC.
    • Active 18‑hole golf course, par 72.
    • 19.5 miles from Highlands, NC.
    • Located within a gated community.
    • ±2.8‑acre site approved for an 88‑unit independent living facility.
    • Video tour available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mill Creek Country ... Country Club Mill Creek Golf ... Country Club Sandra G. Mcconnell, ... Massage Therapist Golf Club at Mill ... Golf Club

    Suggested Use

    Realty agency Hotel & Motel Department Store Bar & Pub

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Macon
    State
    North Carolina
    Longitude
    -83.46398
    Latitude
    35.1711585

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    FAQs

    What type of property is this?
    Golf course & driving range - 100+ acre golf course, senior living potential.
    Where is this golf course & driving range located?
    The property is located at 341 Country Club Dr Franklin, NC.
    What is the asking price?
    The asking price for this property is $2,800,000.
    What are key features of this property?
    This property features: 100+ acre property in Franklin, NC.; Active 18-hole golf course, par 72.; 19.5 miles from Highlands, NC.
    Request Owner's contact information
    341 Country Club Dr Franklin, NC 28734
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

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    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    341 Country Club Dr Franklin, NC 28734
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