Mystic Lands Winding Stairs Rd, Topton, NC 28781
This exceptional 60.72-acre commercial property in Topton, North Carolina presents a unique investment opportunity for developers and investors. The land is shovel-ready for up to 32 homesites, eliminating the need for costly infrastructure and amenity development. Imagine building in a stunning location boasting majestic mountain views, sprawling National Forest access, a thrilling whitewater river, a serene lake perfect for fishing, and breathtaking night skies. The property is part of the established Mystic Lands development, which includes a clubhouse situated on the Nantahala River, a canoe club on Queen's Lake, a rotating dome observatory, an equestrian center with a riding arena, a fishing pond, a river park, and miles of tranquil forest trails. Short-term rentals are permitted, adding to the investment potential. Conveniently located approximately 90 minutes west of Asheville, NC, and a short distance from Bryson City, the Great Smoky Mountain National Park, and the Nantahala Outdoor Center, this property offers unparalleled access to outdoor recreation. The abundance of streams and land provides ample opportunities for residents to cultivate gardens, fostering a sustainable and fulfilling lifestyle. Lots are available for sale as a bulk purchase or in smaller groups, allowing for the creation of a bespoke neighborhood. This property offers serenity, privacy, security, and breathtaking natural beauty. The asking price is $4,400,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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