9.94 +/- acres entitled for 14 lots known as Bordeaux Estates. The property is zoned R-20 and has a minimum lot size of 20,000 SF and lot width of 90. Property lays well for development and will be served by Cherokee County sewer. Property has Land Development Permit that can be transferred to Buyer. School districts are Arnold Mill Elementary, Mill Creek Middle, and River Ridge High. Located about 2.5 miles away from local shopping and dining. Asking price: $949,000 ($67,786 per raw lot) Seller encouraging ALL proposals!
Within a 3 mile radius, there is only a 15.6 month supply of vacant lots and only a 5.3 month supply of homes. Homes within that same 3 mile radius built 2007 or later have sold at an average of $532,587 over the last 6 months. There are simply not enough lots or homes to keep up with demand.