Lynnwood Drive, Statesville, NC 28677

Property Description

ACTIVE PARCEL SPLIT & SURVEY IN PROGRESS! Offered at an excellent value of $25,000 per acre this seller is highly motivated with an opportunity for approximately 13 to 14 completely vacant, wooded acres zoned R-8M Medium-Density Single Family Manufactured Housing Residential by the City of Statesville uniformed development codes with road access. This new tract will legally accommodate traditional site built single family homes, modular designs, qualifying manufactured and or doublewide structures, duplex configurations, small scale attached multi-family developments, accessory dwelling units and even uniquely permits stables for equestrian facilities. Perfect for a pocket residential subdivision, a lucrative multi-unit rental portfolio or an expansive private multi-generation family compound. Enjoy complete freedom with no restrictive HOA or community covenants to limit your design choices, vehicle parking, or equipment storage. Located just minutes away from historic downtown Statesville, dining, events, shopping, medical facilities, Interstate 77, Hwy 21, and Hwy 70. According to Iredell County GIS mapping, the soil data shows most this parcel is a layer of sandy loam soil, which by definition naturally drains water well for a septic system. Per City of Statesville public utilities, a septic system with repair field would be recommended for waste management on 1 acre lots and the property features access to city water along Salisbury Ave as the parcel is not annexed so a conversation with City of Statesville public utilities is required before any connections would be made. This listing is subject to the completion of the physical plat map and administrative minor subdivision approval by the Iredell County Planning Department as a survey has already been ordered by the Seller to confirm exact final acreage and precise property boundaries. The preliminary address of 873 Salisbury Ave has been appointed for 911 purposes only and is subject to change if the designated access point on Salisbury Ave changes. Buyer responsible for verifying all exact zoning restrictions, utility capacities, municipal connection requirements and soil suitability directly with the City of Statesville and Iredell County planning and environmental authorities. Great opportunity for a fast growing community, offering a prime location with lots of potential for various opportunities.