RESIDENTIAL DEVELOPMENT OPPORTUNITY! Calling all builders, developers, and investors! Excellent opportunity located within a gated subdivision with potential for approximately 8 new-build residential lots. The property is R20 zoned for residential use and offers access to city water, city sewer, and city power, providing key utility infrastructure for future development. New construction in the surrounding area is selling for approximately $350,000+, with higher-end homes reportedly reaching approximately $410,000-$650,000, offering attractive potential for a builder or developer looking for their next residential project. The property is not located in a flood zone, and a survey was completed less than two years ago, which may help streamline the buyer's initial due-diligence process. PROPERTY HIGHLIGHTS: R20 residential zoning "¢ Potential for approximately 8 lots "¢ City water, sewer & power available "¢ Gated subdivision "¢ Small-town setting "¢ Not located in a flood zone "¢ Survey completed less than 2 years ago "¢ Area new-construction values reportedly starting around $350K+ "¢ Strong potential for builders and developers. BUILDERS & DEVELOPERS "” TAKE A SERIOUS LOOK! With the potential for approximately 8 homesites, access to city utilities, residential zoning, and strong surrounding new-construction values, this property offers an exciting opportunity. Review the property, run your numbers, and bring your vision to life! Buyer and buyer's agent should independently verify zoning, subdivision potential, lot yield, utility availability and capacity, flood-zone status, survey information, development requirements, restrictions, permitting, and all other information important to the buyer prior to purchase. Listing Firm Does not hold EMD.
Property Type(s):
Lot/Land/Acreage
|
Year Built
|
0
|
County
|
Burke
|
SCHOOLS
| Elementary School |
Valdese |
| Jr. High School |
Heritage |
| High School |
Jimmy C Draughn |
Additional Details
| LOT |
7.14 acre(s) |
| LOT DIMENSIONS |
7.14 |
| MLS STATUS |
Active |
| SEWER |
Public Sewer |
| WATER |
Public |
Location
Listed with The Brown Keys Real Estate
Date last updated: 9/14/26 6:21 AM PDT
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This IDX solution is (c) Diverse Solutions 2026.
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