1009 Waldensia Split #3

This listing is a parcel totaling ±360 acres split into 5 parcels ranging from ±55 to ±90 acres in size. The splits are located on Millstone Mountain Road in east Cumberland County. The attached map shows the proposed splits and the access road that all five splits will share a 50-foot easement for ingress and utilities. The seller has not installed electric utilities along the road and all buyers will be required to share the expense for installation. Tracts 1 and 5 have road frontage and will not necessarily have to share in the installation costs. Tracts 2, 3, and 4 will definitely need to have electricity along the access road. We have checked with Rockwood Electricc and found the estimated total cost to be $42,000.00 to a point at the end of the easement. Further electric will be at each buyer's expense. A draft of the easement maintenance by the buyers can be found in the documents section on the website. Tract 1 (Sold) contains approximately 22 acres of 19-year-old planted pine and ±33 acres of natural hardwoods. Tract 1 price is $5,500.00/acre or $302500.00. Tract 2 (under Contract) is approximately 60 acres of thinned pine plantation and ±20 acres of hardwood. Tract 2 price is $5,000.00/acre or $300,000.00. Tract 3 is approximately 109 acres of thinned pine and hardwood in the drainages. Tract 3 price is $4,000.00/acre or $3436,000 Tract 4(Sold) is 81 acres of mostly pine plantation and is priced at $4,500.00/acre or $364,545.00. Tract 5(Sold) is 76 acres of a mix of pine and hardwood and is priced at $5000.00/acre or $340,065.00.