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Listed by Heather Skender-Newton • Skender-Newton Realty
$199,929
Est. payment /mo
10 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Country Club Villas
MLS Listing ID 3302253
HOA Fees $121/mo
HOA Y/N Yes
Annual Tax Amount $743
Lot Size 10.000 Acres
Acres 10.0
Lot Dimensions 1164x750 IRR
Property Description
DEVELOPMENT OPPORTUNITY! Seize the opportunity to develop the remaining phases of The Country Club Villas, a gated community located within the Sparta city limits and less than half a mile from Sparta Golf & Country Club. This 10-acre offering encompasses Phases 2 and 3, with Phase 2 previously approved by the White County Planning Committee for 18 residential lots, giving the next developer the flexibility to proceed with the existing layout or reconfigure the plan with fewer, larger homesites to better align with their vision. Existing development plans, site drawings, restrictions, POA documents, and approved infrastructure plans are available, allowing a developer to accelerate the project timeline. Utilities include 6-inch water lines available to serve Phases 2 and 3. A previous estimate of approximately $400 per linear foot was provided for infrastructure installation, including utilities, curb and gutter, sidewalks, and paving. Acquisition of this tract provides the buyer with a majority ownership interest in the development, creating the opportunity to evaluate and potentially pursue amendments to the project's governing documents and future development plan, subject to applicable approvals. Capitalize on this rare investment opportunity in the growing White County market.
Location
State TN
County White County
Zoning RES
Interior
Fireplace N
Exterior
Utilities Available Water Available
Amenities Available Fifty Five and Up Community, Gated, Underground Utilities
View Y/N false
Private Pool false
Building
Lot Description Cleared, Level
Sewer Public Sewer
Water Public
Schools
Elementary Schools Woodland Park Elementary
Middle Schools White Co Middle School
High Schools White County High School
Others
Senior Community true
Special Listing Condition Standard
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