Country Club Rd, Sparta, TN 38583

$199,929

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List Price
$199,929
MLS#
246006
Status
ACTIVE
Acres
10
County
White
City
Sparta
Subdivision
Other

Property Description

DEVELOPMENT OPPORTUNITY! Seize the opportunity to develop the remaining phases of The Country Club Villas, a gated community located within the Sparta city limits and less than half a mile from Sparta Golf & Country Club. This 10-acre offering encompasses Phases 2 and 3, with Phase 2 previously approved by the White County Planning Committee for 18 residential lots, giving the next developer the flexibility to proceed with the existing layout or reconfigure the plan with fewer, larger homesites to better align with their vision. Existing development plans, site drawings, restrictions, POA documents, and approved infrastructure plans are available, allowing a developer to accelerate the project timeline. Utilities include 6-inch water lines available to serve Phases 2 and 3. A previous estimate of approximately $400 per linear foot was provided for infrastructure installation, including utilities, curb and gutter, sidewalks, and paving. Acquisition of this tract provides the buyer with a majority ownership interest in the development, creating the opportunity to evaluate and potentially pursue amendments to the project's governing documents and future development plan, subject to applicable approvals. Capitalize on this rare investment opportunity in the growing White County market.

Additional Information

Water
Public
Sewer
Public Sewer
Elementary School
Woodland/WCMS/WCHS
Middle School
Woodland/WCMS/WCHS
High School
Woodland/WCMS/WCHS

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Calculator source: Real Geeks

Listing courtesy of Skender-Newton Realty.