409 Old Williams Road
Wingate, NC 28174
Sold for $1,800,000 on Mar 12, 2024

DEVEKOPERS ! WINGATE SOUTH SIDE OF BYPASS IN CITY LESS THAN 1 MILE TO UNIVERSITY AND MAIN STREET/ DOWNTOWN AREA OVERLAY !. 117 ACRES +/- Which fronts Old Williams Road on one side and dead ends at Bypass 1800+/- Road Frontage , and Maye street on other side , 710+/- Road Frontage . Site provides 2 access points for development in this desirable area. 3 parcels , 09049001, 09049003, and 09049004 . These parcels are considered in the comprehensive plan to be village residential and outer village property. They support residential development of medium City Water and Sewer . Currently R-20 .Town wants higher end mixed residential product and will not allow super high density home builders with an entry level market product . Last 3 buyers have all tried to buck the Towns desires and have not been approved .Developers with a better product, mixed use plan will be allowed leeway in the density requirements .

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Basic Information
MLS#: 3739056
Acreage: 117
Waterfront: No
Listing Details
Closing Date: Mar 12, 2024
List Price: $2,340,000
Sales Price: $1,800,000
Days on Market: 177
Listed by: Judi Kerestan, Kerestan Realty
Sold by: Judson Stringfellow, Tulocay Properties LLC

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