Country Club Rd, Sparta, TN 38583

$199,929

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$199,929
MLS#
1349061
Status
ACTIVE
Type
Land
City
Sparta
County
White
Subdivision
Country Club Villas

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

Acres
10
HOA Frequency
Monthly
HOA Fee
$120
Lot Description
Irregular Lot
Lot Dimensions
1164x750 IRR
View
Country Setting
Zoning
Zoned Residential

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Agent: Heather Skender-Newton |

Office: Skender-Newton Realty |