Previously Sold Inventory - Satinwood Drive #21, Waynesville, NC 28785 - 3.26 acres

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[NOTE: Included on Website to Highlight our Recent Projects - This Property has SOLD & is No Longer Available] 

Location - Whispering Oaks Community - Satinwood Dr #21, Waynesville, NC 28785 - 3.26 acres of land ready for your plans

LOCATION OVERVIEW

 3.26+/- Acres overlooking the beautiful Jonathan Valley and surrounding mountains.  Gated community of custom homes on large lots, for privacy and peace.  Underground power lines in place.  Approximately 2,800 ft elevation for cool breezes and mountain fresh air.  Go to the end of the lot (upper elevation end) for an easy driveway entry point onto the large gently sloped area of the lot.  NOTE - this is a gated community so you will need to contact us to coordinate a site visit. 

• Less than 20 minutes to Maggie Valley
• 20 minutes to downtown Waynesville
• 30 minutes to Asheville
• Convenient to Cherokee, Casino, Dollywood, Cataloochee Ski, Parkway, Natl Parks, and much more
• The one-hour radius includes many, many things to do

PARCEL HIGHLIGHTS

• Acreage - 3.26 acres
• Electricity Available? YES
• Water Available? Private well needed
• Sewer Available? Septic needed (expired perc test available - see details below)
• Zoning? Residential
• Restrictions? Yes, see details below

PRICING INFORMATION

Purchasing options - Open to Offers

1. $25,500 or best offer cash price or
2. Take advantage of our easy owner financing plan - $10,000 down payment followed by $600/month for 36 months (plus a $25 loan servicing fee per month will be added to invoices)

Open to Offers - Serious Inquiries Only - Contact Us to Learn More

If we receive multiple offers on a property, we do apply a preference to cash (lump) sum payments.

DETAILED INFORMATION

• 3.26 acres of land ready for your plans - Buyer to confirm with the county & city zoning departments as well as community HOA but as we reached out to them as part of our research, we do believe that this lot will be best for a traditional single family home or modular build with design review/approval.  The community is part of an HOA with restrictive covenants.  We do NOT believe that this lot would be approved for mobile home, RV, or tiny home use cases (common question amongst our buyers).
• Highlights of Whispering Oaks HOA Restrictive Covenants (available in the county Register of Deeds; email us if you would like a full copy sent to you):
  • Minimum of 1,300 heated square feet for dwelling
  • Residential use only; rentals are okay but must rent for at least one year (no short-term rentals permitted)
  • Once construction begins, the exterior shall be completed within one year
  • No farm animals
  • No off road recreational vehicle use
  • $1,000 one-time impact fee to be paid once dwelling construction begins
  • HOA fees of $400 - HOA keeps the extra-wide roads in excellent shape for easy access year-round
• Availability of utilities - We're happy to share our research with you so that you can make your own outreaches to confirm prior to purchase - 
  • Our initial research indicates that underground electricity is available within the subdivision already. 
  • Our initial outreach to the city indicates that public water and sewer are not available and private water well and septic would be needed.
  • Previous owner conducted a septic site evaluation in 2007 for a 3 bedroom septic system.  The findings were determined to be suitable for a septic system at the site.  While expired and a new permit would be needed, we are happy to provide this documentation to our buyer so that you have some assurance of septic suitability.
• Purchase this lot and build to enjoy immediately or hold onto it as a future investment
• Annual Taxes - county taxes in 2022 were about $160 (no city taxes)
• Will transfer with General Warranty Deed.  Our buyers have different preferences on how they'd like to complete this step and we're open to whatever makes you feel most comfortable.  Contact us with any questions.  Some common options that we offer to complete the transfer include:
  • Option A - We submit upfront payment to our closing attorney to pay for fees to prepare the General Warranty Deed.  We'll also send the deed into the county for recording and pay all associated postage, county recording, and excise tax fees.  For this service, Buyer to pay $499 documentation fee at time of closing & deed transfer.
  • Option B - We submit upfront payment to our closing attorney to pay for fees to prepare the General Warranty Deed.  Once executed, the lawyer holds the deed until final payment has been made and then sends it directly to you as the purchaser.  At this point, you send the deed into the county for recording and you are responsible to pay all associated postage, county recording, and excise tax fees.  For this service, Buyer to pay $299 documentation fee at time of closing & deed transfer.  We are happy to provide you instructions on how to record your deed with the county if you choose this option.
  • Option C - For buyers who would like to purchase title insurance, we can use our attorney or you are welcome to use the attorney of your choice to complete a full closing process.  You will be responsible for those associated fees to complete the transaction (estimates are usually $800 to $1,200).

Our General Disclaimer

Buyers are encouraged to conduct their own due diligence.  Buyer is responsible for verifying all information with the applicable county, city, town, HOA, etc. as to what can and can't be done with the property.  Buyer will need to work with the applicable county, city, town, etc. to obtain the proper permits if needed.  Buyer will also need to confirm the availability and costs of any utilities needed or serviced on the property.  Seller makes no warranties or representations about the land, its condition, or what can be built on the property