News

Last Update :8/6/2019

Scotch Hall Preserve on the Market

 

 

 

 

Scotch Hall Preserve

Merry Hill, NC

Golf Master-Planned Community

Price Reduced From $12,000,000 to $9,950,000

 

 

 

 
 

 

 

 

 


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Investment Highlights                      List Price: $9,950,000

 

 

Extremely Unique Development Opportunity

$2,050,000 Price Reduction! Motivated Seller!

The Leisure Investment Properties Group of Marcus & Millichap is pleased to exclusively offer the opportunity to acquire Scotch Hall Preserve in Merry Hill, North Carolina. Scotch Hall Preserve is a 900-acre residential waterfront master planned community on the bluffs of North Carolina's Albemarle Sound featuring a world-class Arnold Palmer Signature golf course, 17-slip marina site permitted for 107 slips, and resort-style amenities. This exceptional coastal community currently has 207 developed vacant lots for sale as well as four rental homes. Furthermore, the density allows for up to approximately 1,200 homes which means the remaining 360 acres +/- of develop-able raw land will allow for an additional 895 lots to be developed. 

 
   

Property Information

  • 900 Total Acres with Resort-Style Amenities
  • Signature Arnold Palmer Designed Golf Course
  • 207 Fully Developed Lots, Four Rental Homes
  • 360 Acres of Undeveloped Raw Land Offers Potential for Approximately 895 Future Lots
  • Investment Exceeds $21 Million to Date in Acquisitions, Development, Permitting, Infrastructure and Amenities
  • 17-Slip Marina Site Permitted for Up To 107 Slips

 

                                Click Here to View Listing

 

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2016 Marcus & Millichap. All rights reserved.

 


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