For Sale
$2,800,000

341 Country Club DrFranklin, NC 28734

100+ acre golf course, senior living potential.

Overview

Added:
Dec 11, 2024
Days on market:
117
Exceptional investment opportunity in Franklin, North Carolina! This 100+ acre property features an active 18-hole golf course, designed by Bruce Devlin in 1980, boasting a par 72, 6,153 yards, slope 130, and rating 68.6. The course is situated within the gated community of Mill Creek Estates, offering privacy and exclusivity. Approximately 2.8 acres are designated for the potential development of an 88-unit independent living facility, catering to the high demand in this area. Located just 19.5 miles from Highlands, NC, a renowned mountain resort town, this property benefits from its proximity to popular outdoor attractions like the Nantahala National Forest, the Great Smoky Mountains, and the Appalachian Trail. The surrounding area is known as the "Gem Capital of the World," and boasts a 60.6% household percentage of residents over 55 within a 10-mile radius, indicating strong potential for senior living development. The property includes seven buildings, built in 1988, and is zoned Watershed Class III. This unique offering combines the established revenue stream of an active golf club with the significant upside potential of a thriving senior living community. The property's APN is 6564675230. This is a rare chance to acquire a substantial property with diverse income streams and significant future development possibilities. The asking price is $2,800,000.

Highlights

  • 100+ acre property in Franklin, NC.
  • Active 18-hole golf course, par 72.
  • 19.5 miles from Highlands, NC.
  • Located within a gated community.
  • ±2.8-acre site approved for an 88-unit independent living facility.
  • Video tour available.

Property Details for 341 Country Club Dr

Property type
Golf courses & driving ranges, Specialty properties
Year Built
1988
Buildings
7
Stories
1
Lot Size (sq. ft)
4,356,000 SF
Units
5637

Location Insight

City
Franklin
County
Macon
State
North Carolina
Latitude
35.1711585
Longitude
-83.46398
341 Country Club Dr, Franklin, North Carolina

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341 Country Club Dr
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