Foster Creek Preserve is a 1,060-acre site in Columbus, North Carolina, located within the triangle of Asheville, Charlotte, and Greenville (South Carolina). The property is fully entitled for 687 residential units on 1,060 acres and has an excellent landmark location, spanning the face of two mountains with a 2,000-foot elevation increasing to over 3,000 feet. These are the first mountains encountered on the drive from Charlotte to Asheville, with views extending for over 30 miles. Area amenities include horse trails and stables, lake activities, hiking trails, golf courses, and quaint shopping districts within Columbus and nearby towns.
The area is heavily wooded and surrounded by conservation easements and legally protected land on three sides. At full build-out, the site will remain 65% open space. The land has a gradual slope providing natural view corridors and premium lot opportunities. The owner’s collaboration with the Columbus Town Council has resulted in a carefully conceived master plan that preserves the pristine fabric of the lush landscape, while incorporating an interconnected footprint of homes and apartments. The living neighborhoods stand as a testament to a well-planned community with plenty of residential growth still to be realized.
Foster Creek is fully entitled. Utility lines have been installed along the property’s frontage, creating a more cost-effective development opportunity for developers and builders.
Foster Creek Preserve is located in Columbus, North Carolina, about 45 minutes south of Asheville and near Tryon—a quaint, rural North Carolina community with many expensive horse farms. Situated near major high-speed highways, the city is equidistant from Asheville, Greenville, and Spartanburg (South Carolina), and Charlotte is just 90 minutes away. Atlanta can be accessed via a five-hour drive from the project. Polk County has over 11,500 housing units with a home-ownership rate of approximately 79%.
The mountains of western North Carolina serve as an attractive destination for upscale retirees and second homeowners. Primary housing demand may also be served from the Greenville and Asheville areas. The climate of this area is considerably milder than the remainder of the South, and the scenery is spectacular.