331 Shayna Park, Brevard, NC 28712
This exceptional 150.7-acre commercial property in Transylvania County, NC, presents a unique opportunity for development. Located near Brevard, NC, it boasts stunning mountain views, a private lake (Lora Young Lake) with a private beach, and multiple streams. The diverse terrain ranges from gently rolling forest to high-elevation vistas, offering various building site options. The property is ideal for a large-scale residential development (up to 14 homes), a luxurious estate, or a combination of both. Existing features include old roads providing access around the lake, showcasing the natural beauty and wildlife. Utilities will require a well and septic system. The property is horse-friendly, with creek frontage, wooded areas, and green spaces. Its convenient location offers privacy while being minutes from world-class trails, fly fishing, national and state parks, and downtown Brevard. The elevation is approximately 2000 feet. Access is via a combination of paved, dirt, and gravel roads. Asking price: $3,300,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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