100+ Acre Golf Course | Potential for Golf Resort Hotel/Spa Development

341 Country Club Drive Franklin, NC 28734

341 Country Club Drive, Franklin, NC, 28734
341 Country Club Drive, Franklin, NC, 28734 341 Country Club Drive, Franklin, NC, 28734 341 Country Club Drive, Franklin, NC, 28734 341 Country Club Drive, Franklin, NC, 28734 341 Country Club Drive, Franklin, NC, 28734 341 Country Club Drive, Franklin, NC, 28734 341 Country Club Drive, Franklin, NC, 28734 341 Country Club Drive, Franklin, NC, 28734 341 Country Club Drive, Franklin, NC, 28734 341 Country Club Drive, Franklin, NC, 28734 341 Country Club Drive, Franklin, NC, 28734 341 Country Club Drive, Franklin, NC, 28734 341 Country Club Drive, Franklin, NC, 28734 341 Country Club Drive, Franklin, NC, 28734 341 Country Club Drive, Franklin, NC, 28734 341 Country Club Drive, Franklin, NC, 28734 341 Country Club Drive, Franklin, NC, 28734 341 Country Club Drive, Franklin, NC, 28734 341 Country Club Drive, Franklin, NC, 28734 341 Country Club Drive, Franklin, NC, 28734 341 Country Club Drive, Franklin, NC, 28734 341 Country Club Drive, Franklin, NC, 28734
FOR SALE
Property Type:
Other Special Purpose
Amount:
$2,800,000
Last Verified:
Oct 01, 2024

Daily Email Blast
0 times


Highlights

  • 100+ Acre property
  • Active 18-hole golf club
  • Large Club Restaurant available for lease. No fine dining within a 10 mile radius
  • 19.5 miles from Highlands, NC
  • Gated community
  • ± 2.8 Acre site set aside for development of a 45-room Golf Resort Hotel/Spa
  • Bull Realty North Carolina License #: C17910

Description

100+ acre golf course for sale with potential 2.8 acre set-aside to support development of a 45-room+ golf resort hotel/Spa as part of the golf club 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.” here are no Golf resorts within a 30 mile radius. Atlanta, Chattanooga, Knoxville, and other large cities are within 100 miles of the Club.

The property is in the gated community of Mill Creek Estates. Club House Restaurant and Kitchen currently closed, is available for lease as an additional source of income. There are no fine dining establishments within a 10 mile radius of the property. The active 18-hole course was designed by Bruce Devlin in 1980. Golf Club averages 20,000 rounds a year. 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. Franklin is a unique town nestled in the heart of the Blue Ridge Mountains in the foothills of the Great Smokies. Franklin's population nearly doubles during the spring, summer and fall seasons due to our temperate climate and beautiful scenery. Our geographical position enables us to enjoy cool summer nights and mild winters; the Town sponsors and hosts many festivals and events each year. With a healthy tourism industry and lots of local people taking an active role in the community, there are always exciting activities and places to go.


Year Built: 1988
Building Size: 5637sq ft
Lot Size: 100.13 acres


Documents

Offering Memorandum

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

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.