Asset Type: Real Estate
Estate: Fee Simple
Land Area: 100.13 Acres
Property Size: 5,637 SF
Property Type: Other
Year Built: 1988
Number of Floors: 1
Investment Highlights
- 100+ Acre property
- Active 18-hole golf club
- Large Club Restaurant available for lease. No fine dining within a 10 mile radius
- 19.5 miles from Highlands, NC
- Gated community
- ± 2.8 Acre site set aside for development of a 45-room Golf Resort Hotel/Spa
- Bull Realty North Carolina License #: C17910
100+ Acre Golf Course | Potential for Golf Resort Hotel/Spa Development
100+ acre golf course for sale with potential 2.8 acre set-aside to support development of a 45-room+ golf resort hotel/Spa as part of the golf club in Franklin, NC. The property is located approximately 19.5 miles from Highlands, NC, a very desirable area that has been a mountain respite for vacationers and retirees for over a century; a popular destination for hikers and outdoor enthusiasts, specifically in relation to the Nantahala National Forest, the Great Smoky Mountains, and the Appalachian Trail. The surrounding area is rich in gems and minerals and is known as the “Gem Capital of The World.” here are no Golf resorts within a 30 mile radius. Atlanta, Chattanooga, Knoxville, and other large cities are within 100 miles of the Club.
The property is in the gated community of Mill Creek Estates. Club House Restaurant and Kitchen currently closed, is available for lease as an additional source of income. There are no fine dining establishments within a 10 mile radius of the property. The active 18-hole course was designed by Bruce Devlin in 1980. Golf Club averages 20,000 rounds a year. Course characteristics: Par 72, length 6,153 yards, slope 130, and rating 68.6.
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