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Property profile & analytics
OFF-MARKET
Land

43 Copper Canopy Dr Cullowhee, NC 28723

102.62 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 102.62 ac (4,470,127 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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