Property summary
Exceptional investment opportunity in Bryson City, NC, encompassing 32 residential lots totaling 1-2.58 acres each, priced at $4,200,000. This established community, located 90 minutes west of Asheville and minutes from Bryson City and the Nantahala Outdoor Center, offers unparalleled amenities including a riverfront clubhouse, canoe house, observatory, equestrian center, and miles of trails. The lots, situated within the 250-acre Mystic Lands development, are part of the Mystic Forest and Mystic Ridge subdivisions, many bordering the National Forest. Existing homes within the community are valued between $1.5 and $1.9 million, showcasing the area's high demand. Community water is available, and each lot has septic potential. The property owners association actively manages the community and permits short-term or long-term rentals. This bulk sale presents a unique chance to acquire a significant portion of a thriving mountain community with exceptional recreational opportunities and stunning natural surroundings. The average home footprint in the community is 1500-2000 square feet, but lot sizes allow for flexibility in design and construction. This is a rare chance to own a piece of this highly desirable and amenity-rich mountain paradise. The property is zoned RES and offers serenity, privacy, security, and enchantment in the heart of nature. Don't miss this chance to acquire a significant portion of this established community.
Property profile
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Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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