43 Copper Canopy Dr Cullowhee, NC 28723
This exceptional 102.62-acre residential land development in Cullowhee, North Carolina, presents a unique investment opportunity. The master-planned community, situated on the Tuckasegee River with stunning Smoky Mountain views, is partially complete, boasting buried utilities, municipal sewer and water already installed. A significant portion of the infrastructure is already in place, reducing development time and costs. Fifty-one lots have already been sold, with over 30 homes constructed, demonstrating strong market demand. The property is zoned Rural and features extensive covenants establishing high development standards, ensuring the preservation of its upscale character. Its prime location adjacent to Western Carolina University and near downtown Cullowhee provides convenient access to cultural amenities and city conveniences. The General Warranty ownership ensures a clear and secure title. The property's APN is 7559721024. This is a rare chance to acquire a thriving, partially developed community with significant upside potential in a highly desirable location. The asking price is $7,900,000. This development offers a compelling combination of established infrastructure, strong sales history, and a breathtaking natural setting. The high demand for housing in the area ensures a strong return on investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.