Thursday, December 12, 2013

88-acre Braewood property sold at auction

The auction for the Braewood property was December 10. From the Hendersonville Lightning:
An 88-acre tract of land that was once the site of proposed 121-home residential development sold at auction on Tuesday for just over $1 million.

A developer who bought the Braewood property visited Flat Rock Village Hall on Tuesday, the same day as the auction, to check on zoning and village development regulations, said Village Administrator Judy Boleman.

The Village of Flat Rock had authorized a 121-unit planned residential community on the undeveloped property in gently sloping woods on West Blue Ridge Road that would include walking trails, a 50 percent set-aside for open space and access to Jordan Lake. The property is across from Bonclarken between the Mill House Lodge and Flat Rock Middle School.

Hilton Swing and his father, Kenneth Swing, received a special-use permit in August 2007 toward the tail end of Henderson County's real estate building boom. The Braewood development never got off the ground. When the special-use permit expires on Jan. 1, the property will revert to R10, R20, and R40 residential zoning, which require quarter-acre, half-acre and one-acre lots respectively. . .
Read it all.

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