
The first part of this blog began with my finding some very beautiful property in the Asheville, North Carolina real estate market for clients who are looking to build a green, dog friendly community. The owner, Bill, very much wants a conservation subdivision on it, but has serious cash flow problems and is facing having to sell to traditional developers who will build homes on quarter acre lots. To make matters worse, Bill and his wife, their children and families all live on property adjoining the land that is for sale, so their view-shed and neighborhood will be directly affected by any development that occurs on the land.
So Bill is effecting stalling the potential traditional developer while he and I start to think of other potential ways the land could be used. One scenario has his 52 acres up listed at 3 million dollars. Dividing the land into 3 estate size lots utilizing the three gentle knolls on the property while keeping about 17 acres in green space is another scenario Bill starts to consider. A third possibility arises with dividing the property into 8 lots, with 18 acres of green space and making it an exclusive green equestrian community. Here is the link to Horse Haven. What makes this attractive as a horse community is an adjacent 75 acres of pasture land with a 12 stall horse barn that will be part of the developments facilities. Miles of riding trails on and off the property help as well.
So Bill is out there trying his best to get at least one buyer to come and fall in love with the land, and buy any one of a number of different lots ranging from 2 to 29 acres to help him stave off selling all 52 acres and having the land traditionally developed ( I am being kind in my description here). Janeanne, owner of EcoSteward Realty (whose computer motherboard has crashed, yikes!) had a potential buyer out this weekend with two more slated to come over the next few weeks. It is now a race against time.
But while Bill waits for a buyer to appear, Janeanne and I put yet another idea in his mind about how the land may be best developed ....