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278 County Road 767 - The Bluffs Overlooking Weiss Lake

1,001 Acres of Residential Land Offered at $7,500,000 in Cedar Bluff, AL 35959

Investment Highlights

  • Low $/acre with high Resale Values
  • No city or county approvals needed
  • Unique water views off of a Mountain less than 2 hours from Atlanta, Birmingham, Chattanooga, Huntsville

Executive Summary

Please watch the property video on YouTube included in the links on this listing. Prime development opportunity with some of the most scenic land you have ever seen. Positioned atop the foothills of the Appalachain Mountain Range, each home site within the community offers breathtaking water views that are equally complemented with the impressive vistas surrounding the mountain. The property features unique topography that one will find shockingly easy to navigate considering the views and mountain you're sitting on. The mountain has 5 stair-step-like levels with only 35-60 foot ridge lines.
With 107 lots developed, over 80 of those lots have already been sold to consumers at an average of $73,000/lot, and over 20 homes have already been built. The home values in The Bluffs currently range from $550,000 to just under $900,000 boasting over 3 resales in the community already.
We don't believe this will be the case, but if someone wanted to develop the Mountain with as many homes that have stunning waterviews as possible, we have estimated over 1,000 homes could be built with stunning views. Again, we don't believe that is highest and best use, but the topography is so uniquely developable that the 1,000+ homes with views IS possible.
The total land for sale is just under 1,000 acres, and that changes every day a new consumer comes along and buys one of the recorded and developed lots for sale.
Grey Water sewer system with sewer lines throughout, Municipal Water, Paved Roads, Fiber Optic throughout, Underground Utilities, and Fire Hydrants all in place.

Property Facts

Price $7,500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 1,001.00 AC

1 Lot Available

Lot

Price $7,500,000
Price Per AC $7,493
Lot Size 1,001.00 AC

The Bluffs Overlooking Weiss Lake is a distinctive gated community nestled smack in the middle of the ABC triangle (Atlanta, Birmingham, Chattanooga) occupying a mountainous peninsula that gracefully extends into the expansive 30,000+ acre lake.

zoning

Zoning Code 111 (SFR)
111 (SFR)
  • Listing ID: 34258156

  • Date on Market: 12/20/2024

  • Last Updated:

  • Address: 278 County Road 767, Cedar Bluff, AL 35959

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