Lake Norman Legacy Tract
$5,000,000.00- Farms / Ranches / Real Estate
- HPJ Classified
Details
- Contract Pending
PROPERTY DESCRIPTION
**SALE PENDING!** 31+ acres on Lake Norman! Owning Lake Norman waterfront property is a highly sought after commodity! With over 520 miles of shoreline, every single acre is spoken for and large vacant lots are few and far between! This offering of 31+ acres offers well over 400 feet of waterfront access, a secluded cove with a dock, great road frontage on Highway 16, as well as county water and sewer availability!
Land
This offering is made up of two contiguous parcels that make up the 31+ acres to be sold together. The land borders Highway 16 on the west side and is mostly pines mixed with a few hardwoods as the land slopes down to the shoreline. The eastern side of the property has well over 400 feet of waterfront access with a nice dock. A creek on the north end of the property meanders through pretty hardwood bottom and feeds into Lake Norman.
Highest and best use is for the property to be rezoned for Mixed Use for commercial and residential opportunities!
However, this could be a perfect situation for someone wanting their own private legacy lakefront property!
Current Lincoln county zoning information can be provided upon request from qualified buyers..
Improvements
There is an older home on the property along with a couple old barns. The home is over 100 years old and is inhabitable. The barns are fallen in and unusable also, however the barn wood could be salvaged for various creative projects. There are two different old road beds that lead you to the lake and to the creek bottom as well.
Recreation
Lake Norman is the largest man-made fresh water lake in North Carolina! It is known for its multiple recreational opportunities of boating, skiing, jet skiing, tubing, fishing and many other outdoor activities! Most lake goers enjoy what Lake Norman has to offer year round due to the mostly mild winters. Prime months of activity range from March through October.
Fishing on Lake Norman is very popular! Many bass and striper tournaments are held on the lake each year! Blue, Flathead and Channel catfish are abundant as well as largemouth bass, stripers, bream, crappie and many others.
Water/Mineral Rights & Natural Resources
With close to 450 feet of waterfront access and a private dock, this offering is truly unique due to the lack of tracts of this size on Lake Norman!
General Operations
The potential for some type of commercial businesses to be established on this property is perfect considering its location and immense growth on the surrounding tracts of land. County water and sewer are available on the road frontage of Highway 16.
Lincoln County zoning information is available upon request from qualified buyers.
Region & Climate
Denver, North Carolina is a humid subtropical climate. Summers are hot and humid and the winters are mild. Average daily high temperatures range from the upper 30s in the winter to over 90° in the summer months. Precipitation is spread out across the year, with higher levels of precipitation during the spring and fall months. Snowfall can occur during winter months, though it is not frequent or excessive.
History
The lake is part of the Catawba River Basin. Lake Norman began construction in 1959 and was completed in 1964. This was a project to support the Cowans Ford Dam along with Duke Energy’s McGuire Nuclear Station. Lake Norman touches 4 counties; Iredell, Lincoln, Catawba and Mecklenburg. The lake boasts over 520 miles of shoreline and has a surface area of over 50 square miles!
Location
The property is very close to tons of amenities and cities! Denver is the closest town and is growing at an astounding rate! The lake, Charlotte business as well as the overall appeal of the North Carolina climate and scenery, this area will continue to grow for some time!
You can be to the Charlotte airport within 25 minutes. Other towns such as Huntersville, Mooresville, Davidson, Lincolnton and of course Charlotte are all just a short drive away.
Property Summary $5,000,000.00