Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
I'm really interested in buying a piece of waterfront land for future building but couldn't help notice that you can still buy 10, 15, 20 acre parcels within an hour of Charlotte for under 20k. There are also smaller house lots available for under 5k and there was one 91 acre parcel for 5K.
Some say farm land? Does that mean that it can only be used for that purpose? Super sites? What the real deal and how come so cheap?
Could be due to zoning. The farm land is probably zoned that way. Other possibilities could include: the lot is located where a moratorium is in place, the lot is in a less than desireable location, the lot is near future development that will make it less desireable .. i.e. 485 or the proposed 74 bypass.
Flood plains, wet lands, won't perk for septic, no city services, no utilities, poor access/unpaved road, proximity to other properties with negative characteristics, unbuildable due to steep grade, easements cut up the property; the list of possibilities goes on and on.
Flood plains, wet lands, won't perk for septic, no city services, no utilities, poor access/unpaved road, proximity to other properties with negative characteristics, unbuildable due to steep grade, easements cut up the property; the list of possibilities goes on and on.
And then there is location, location, location.
You're 100% right...due to the isolated location you won't be able get city/county water/utilities...you'd have to opt for installing your own septic system and do everything yourself. Parcels like this aren't worth or really meant for building a single family home on. Better to utilize as farmland...
This would be a good thing to be aware of when looking at land. Increasingly, North Carolina over the years has been gradually tightening up restrictions more and more on building in wetlands, floodplains, riparian buffers, near streams, in drinking watersheds, and near other environmentally-sensitive areas. (And thank goodness for it!)
I'm a coastal Realtor. Septics and wells are a way of life as are "X" number of set back and buffer Rules & Regs.
Sound terrible?? Well it isn't. The majority of coastal properties are litterally "Pristine" and you will be very surprised on how low the prices are once you get away from OBX/Wilmington/Morehead City/etc.
Bill
I'm a coastal Realtor. Septics and wells are a way of life as are "X" number of set back and buffer Rules & Regs.
Sound terrible?? Well it isn't. The majority of coastal properties are litterally "Pristine" and you will be very surprised on how low the prices are once you get away from OBX/Wilmington/Morehead City/etc.
Bill
Right...
Ok thats like saying the land out in the Arizona desert is cheap, once you get past Phoenix. If the land itself is undesirable, obviously a low price. You get what you pay for.
Ok thats like saying the land out in the Arizona desert is cheap, once you get past Phoenix. If the land itself is undesirable, obviously a low price. You get what you pay for.
That cheap desert land is starting to fill in. I lived here when you could get 5 acres back in the late 80's in Care Free for 20,000. I hate to tell you what that's worth now.
Casa Grande was cheap too a few years ago not now. The builders have taken over.
Most of the NC coast line (Both inner and outer) is undeveloped. Developed areas cost more. Highly developed areas cost the most.
Do you want to spend $$$$ to be where everyone is?? Or do you want to spend $ and be where few people are. Keeping in mind that the "$$$$" and the "$" offer the same natural ammenitties.
People pay to be around people and the ammenities that people offer.
Personally-I get confused when clients want to spend $1M for a half acre on the water but turn down 3-5 acres on the water for just $300,000 simply because it's 10 miles down the road-Away from people!
Location! Location! Location!
Bill
Bill,
Where would be the areas for the cheapest land/lots within 1.5 mile of the waterfront (where one could swim)? Which area(s) do you think are the best value? (My husband has a long-term dream to build a little place near the beach.) We both dislike biting insects.
Thanks,
Alice
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
