Fully entitled tract of development land located just .25 mile from Western Carolina University and Cullowhee Valley School. Ideal development opportunity for single family and duplex style housing to meet the growing demand and stagnant supply of available homes in the Jackson County area. This parcel is entitled to build 73 total units in a mix of single family detached and duplex style houses. A complete package of permits, drawings, plans and studies can be supplied to prospective purchasers. The grunt work has been completed and this is ready to go vertical, saving significant time and money. Jackson County caused a housing study in 2019. The result of the study revealed that over 2000 housing units should be constructed in Jackson County between 2020 and 2025. The volume of new construction since 2020 is no where close to that 2000 unit need. New $80M Engineering program expansion will requirie about 30 new professor hires at WCU in the next 18-24 months.
Property Details
Property Features
Listing Office:
Office Name: Todd Baucom Realty Inc
Office Email: todd.baucom@gmail.com
Other
Directions Information:
Directions: From Sylva, NC travel Hwy 107 to WCU and continue southbound on 107 to the lower end of the campus area and turn left off the Hwy onto Lyle Wilson Road just before Cullowhee Valley School. Property starts just beyond Wisdom Drive intersection on both sides of the road.
Price Information
Listing Price Info
Price Summary:
List Price: $1,475,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Cullowhee, NC.
This property is $1.0M more than the Median Sold Price in Cullowhee, NC.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #4109688
Listing Office:
Office Name: Todd Baucom Realty Inc
Office Email: todd.baucom@gmail.com
Listings courtesy of Canopy MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$7,429
Per Month
Principal & Interest
$7,362
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$4,489
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Blue Ridge School
95 Bobcat Dr
Distance between this listing and this school12.01 miles
Public District Grades PK-6
5
/10
East Franklin Elementary School
100 Watauga St
Distance between this listing and this school12.85 miles
Public District Grades KG-4
5
/10
Iotla Valley Elementary School
1166 Iotla Church Rd
Distance between this listing and this school13.90 miles
Public District Grades PK-4
Nearby Schools
5
/10
Cullowhee Valley School
240 Wisdom Dr
Distance between this listing and this school0.14 miles
Public District Grades KG-8
6
/10
Catamount School
100 Smoky Mountain Dr
Distance between this listing and this school4.21 miles
Public District Grades 6-8
6
/10
Fairview Elementary School
251 Big Orange Way
Distance between this listing and this school4.30 miles
Public District Grades PK-8
Nearby Schools
9
/10
Jackson County Early College
404 College Dr
Distance between this listing and this school3.99 miles
Public District Grades 9-12
6
/10
Smoky Mountain High School
100 Smoky Mountain Dr
Distance between this listing and this school4.19 miles
Public District Grades 9-12
1
/10
Jackson Community School
3770 Skyland Dr
Distance between this listing and this school7.66 miles
The neighbors living near this home have an average income of $29,191. Most Cullowhee, NC residents have annual incomes less than $35k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 000 Lyle Wilson Rd
What is the listing price of this property?
The listing price of 000 Lyle Wilson Rd property is $1,475,000.
What type of property is this?
The property 000 Lyle Wilson Rd is land located in Cullowhee, North Carolina, 28723.
Is this property for sale now?
Active Listing: 000 Lyle Wilson Rd is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 000 Lyle Wilson Rd in Cullowhee, NC and zip code 28723. It has been listed on Rocket Homes since February 16, 2024 and is currently priced at $1,475,000.
In November 2024 more than 0 listings in Cullowhee, NC were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 3 were sold below. In November 2024 in Cullowhee, NC there were 8.3% more homes for sale than in October 2024. Listings spent 109 days on the market in November 2024, and had a median list price of $397,500 during the same period.
From Rocket Homes Real Estate and based on county public records data.