100+ Acre Golf Course | Potential for Independent Senior Housing Development

341 Country Club Drive Franklin, NC 28734

341 Country Club Drive, Franklin, NC, 28734
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FOR SALE
Property Type:
Other Special Purpose
Amount:
$2,800,000
Last Verified:
Apr 04, 2024

Highlights

  • 100+ Acre property
  • Active 18-hole golf club
  • 19.5 miles from Highlands, NC
  • Gated community
  • ± 2.8 Acre site set aside for development of a 88-unit independent living community
  • Bull Realty North Carolina License #: C17910

Description

100+ acre golf course for sale with potential redesign to support development of Independent Living in Franklin, NC. The property is located approximately 19.5 miles from Highlands, NC, a very desirable area that has been a mountain respite for vacationers and retirees for over a century; a popular destination for hikers and outdoor enthusiasts, specifically in relation to the Nantahala National Forest, the Great Smoky Mountains, and the Appalachian Trail. The surrounding area is rich in gems and minerals and is known as the “Gem Capital of The World.”

The percentage of households over 55+ in a 10-mile radius is 60.6%. The property is in the gated community of Mill Creek Estates. ± 2.8 acres are set aside for potential development of a 88-unit independent living facility as part of the gated community.

The active 18-hole course was designed by Bruce Devlin in 1980. Golf course characteristics: Par 72, length 6,153 yards, slope 130, and rating 68.6.

The property is located in Franklin, North Carolina which is approximately 19.5 miles from Highlands, North Carolina.


Year Built: 1988
Building Size: 5637sq ft
Lot Size: 0 acres


Documents

Offering Memorandum

Map of 341 Country Club Drive, Franklin, NC, 28734

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