278 County Road 767 - The Bluffs Overlooking Weiss Lake
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278 County Road 767 - The Bluffs Overlooking Weiss Lake
1,001 Acres of Residential Land Offered at $10,806,750 CAD in Cedar Bluff, AL 35959
Investment Highlights
- Low $/acre with high Resale Values
- No city or county approvals needed
- Unique water views off of a Mountain less than 2 hours from Atlanta, Birmingham, Chattanooga, Huntsville
Executive Summary
Please watch the property video on YouTube included in the links on this listing. Prime development opportunity with some of the most scenic land you have ever seen. Positioned atop the foothills of the Appalachain Mountain Range, each home site within the community offers breathtaking water views that are equally complemented with the impressive vistas surrounding the mountain. The property features unique topography that one will find shockingly easy to navigate considering the views and mountain you're sitting on. The mountain has 5 stair-step-like levels with only 35-60 foot ridge lines.
With 107 lots developed, over 80 of those lots have already been sold to consumers at an average of $73,000/lot, and over 20 homes have already been built. The home values in The Bluffs currently range from $550,000 to just under $900,000 boasting over 3 resales in the community already.
We don't believe this will be the case, but if someone wanted to develop the Mountain with as many homes that have stunning waterviews as possible, we have estimated over 1,000 homes could be built with stunning views. Again, we don't believe that is highest and best use, but the topography is so uniquely developable that the 1,000+ homes with views IS possible.
The total land for sale is just under 1,000 acres, and that changes every day a new consumer comes along and buys one of the recorded and developed lots for sale.
Grey Water sewer system with sewer lines throughout, Municipal Water, Paved Roads, Fiber Optic throughout, Underground Utilities, and Fire Hydrants all in place.
With 107 lots developed, over 80 of those lots have already been sold to consumers at an average of $73,000/lot, and over 20 homes have already been built. The home values in The Bluffs currently range from $550,000 to just under $900,000 boasting over 3 resales in the community already.
We don't believe this will be the case, but if someone wanted to develop the Mountain with as many homes that have stunning waterviews as possible, we have estimated over 1,000 homes could be built with stunning views. Again, we don't believe that is highest and best use, but the topography is so uniquely developable that the 1,000+ homes with views IS possible.
The total land for sale is just under 1,000 acres, and that changes every day a new consumer comes along and buys one of the recorded and developed lots for sale.
Grey Water sewer system with sewer lines throughout, Municipal Water, Paved Roads, Fiber Optic throughout, Underground Utilities, and Fire Hydrants all in place.
Property Facts
Price | $10,806,750 CAD | Property Type | Land |
Sale Type | Investment | Property Subtype | Residential |
No. Lots | 1 | Total Lot Size | 1,001.00 AC |
Price | $10,806,750 CAD |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Residential |
Total Lot Size | 1,001.00 AC |
1 Lot Available
Lot
Price | $10,806,750 CAD | Lot Size | 1,001.00 AC |
Price Per AC | $10,796 CAD |
Price | $10,806,750 CAD |
Price Per AC | $10,796 CAD |
Lot Size | 1,001.00 AC |
The Bluffs Overlooking Weiss Lake is a distinctive gated community nestled smack in the middle of the ABC triangle (Atlanta, Birmingham, Chattanooga) occupying a mountainous peninsula that gracefully extends into the expansive 30,000+ acre lake.
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zoning
Zoning Code | 111 (SFR) |
111 (SFR) |
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VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Presented by
Jack Ryan | eXp Realty
278 County Road 767 - The Bluffs Overlooking Weiss Lake
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