Advice needed for a Vacation Rental Listing

[Maranda Christensen]

I'd love to get some input and advice for a property I have listed. Please share your thoughts. What makes this property a tough sell is that there have been preliminary plans to widen NC hwy 150. The project has been suspended at this time until 2028 or later. Preliminary maps show that this property will likely be affected by the expansion. IF at some point in the future this home is impacted by that state project, the state is required to provide a fair market offer for the property. My thoughts: This home could be rented out for the next 7+ years at least, making an income. IF the state does indeed need this property, they will come with a FAIR market value offer which can be negotiated. I believe this is a great opportunity for an investor. I'm hoping someone can share some insight/advice on what investors are looking for? Would this appeal to any? If not, what is the major turnoff? Thanks so much! I've posted the details below for review.

4278 Barbrick St. Sherrills Ford, NC

Listed at $1,350,000

Hard to find waterfront acreage (3.45 acres) with over 300 ft of shoreline and a private gated entrance! Large open lot with mature landscaping and a gentle slope to Lake Norman. 100' pier leading out to a covered dock with room to relax before jumping on your boat for a sunset cruise on the lake. Sit out on the large screened in porch, or lower deck around the firepit overlooking the spacious backyard that is sure to impress. You will enjoy this bright and airy home with plenty of windows to let in the natural light and lake cove views. Soft close custom cabinetry, and granite countertops in kitchen. Master on main with tray ceilings, 2 walk-in closets, HUGE master bath with double vanity, garden tub, & a custom tiled shower with bench. Large laundry/mud room when you enter from the garage. Oversized bonus room above garage with ample storage. Billiard room and kitchenette in basement with outdoor access make it easy to entertain guests.

This home is a current VRBO listing with great ratings and rental income.