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3940 Tall Pine - 27 Lots at Loblolly Mill | 81.64 AC

81.64 Acres of Residential Land Offered at $650,000 in Roanoke, VA 24014

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Investment Highlights

81.64 Acres Planned Community Development
27 Beautiful Wooded Lots with a 1.75 acre central pond.

22.30 Acres of Common Area
Common Area Features Historic Covered Bridge & Mill House.

Executive Summary

The entire project of 27 lots is being offered for $650,000. Homeowners Association fees are projected to be $166 per month.

Loblolly Brochure

LOBLOLLY RECORDED DOC

Balzer Survey Map

Topo Map

Layout Overview

Property Facts

Price	$650,000	Property Type	Land
Sale Type	Investment	Property Subtype	Residential
No. Lots	1	Total Lot Size	81.64 AC

Price	$650,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Residential
Total Lot Size	81.64 AC

1 Lot Available

Lot

Price	$650,000	Lot Size	81.64 AC
Price Per AC	$7,962

Price	$650,000
Price Per AC	$7,962
Lot Size	81.64 AC

Lots 1-8 & 34 have electricity in place. Minimum house size 2,500 SF. Well and septic needed for all lots. The entire development is 81.64 acres of which 22.3 acres are common area.

Description

PRICED NOW AT $402,300 BELOW TAX ASSESSMENT! Loblolly Mill is a 81.64 acre Planned Residential Community in the Mount Pleasant area of Roanoke County. The intent of the project is to develop a high end residential development in a "mountain village concept" while preserving the abundant natural and historic features of the site. The property is unique and picturesque and consists of a series of wooded knolls bordering the property focused centrally on a 1.75 acre pond. There are two primary historic features on the site, a covered bridge and a water powered mill house that serve as key attractions and scenic backdrops for the development. We have 27 lots that are ready for homes. 9 lots (1-8 & 34) have electric service in place. The private streets are all in place. Property Owners Association to handle private streets and the Common Areas with projected monthly dues of $166. Seller will entertain owner financing.