SOLD – Bankruptcy Sale: Portfolio of Residential Lots & Clubhouse – Statesville, NC

The lots and the clubhouse were sold.

Situation Overview

Keen-Summit Capital Partners LLC , has been engaged by A. Cotten Wright, Chapter 7 Trustee for Fox Den Development Company, LLC, as its exclusive real estate broker for the sale of the portfolio of 63 building lots in the Fox Den Subdivision (Currently Under Contract), Iredell County, North Carolina and a golf clubhouse on 10.6 acres of land in the Fox Den Subdivision.

Area Overview

The Portfolio is conveniently located in Statesville, NC, at the intersection of Interstates 77 and 40, providing easy access to Charlotte or Winston-Salem, both less than a hour away. There is a host of recreational activities less than 8 miles away at Lake Norman State Park. Lake Norman State Park is home to the largest man-made lake in North Carolina with camping, swimming, boating and fishing, as well as one of the region’s more popular mountain biking networks.


Property Highlights

Two-story clubhouse on 10.6 acre lot provides sweeping views of the Larkin Golf Course.

Residential Lot Portfolio Overview
63 Lots Range in Size from 0.07 to 0.73 acres, averaging 0.3 Acres, totaling 18.91 acres
Lots are ready for building.
All infrastructure is in place.

All of the lots and Clubhouse are zoned: R-8MF


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