All lots have been sold.
Topic: [WTS] Selling ~1.5 acres vacant, buildable land in North Carolina, USA (Read 15429 times)
January 09, 2015, 10:31:16 AM
August 30, 2014, 11:51:17 AM
Not sure I understand the comment.
The lots are priced in USD. The bitcoin price for the lots therefore continues to fall, which benefits the buyer without causing any bitcoin-related loss for the seller.
The USD price was reduced, but that has nothing to do with "Bitcoinland." The OTP for Lot #11 that fell through was a local (USD) buyer totally unaware of bitcoin's existence. Lot #5 was sold to a local buyer.
The lots are priced in USD. The bitcoin price for the lots therefore continues to fall, which benefits the buyer without causing any bitcoin-related loss for the seller.
The USD price was reduced, but that has nothing to do with "Bitcoinland." The OTP for Lot #11 that fell through was a local (USD) buyer totally unaware of bitcoin's existence. Lot #5 was sold to a local buyer.
August 30, 2014, 11:35:53 AM
It looks like Bitcoinland is the only place you lose money (Bitcoin) from real estate in time.
Both lots ($70,000): 795 BTC
Lot #5 alone ($45,000): 511 BTC
Lot #11 alone ($33,000): 375 BTC
Lot #5 alone ($45,000): 511 BTC
Lot #11 alone ($33,000): 375 BTC
August 30, 2014, 08:54:23 AM
Bump. Lot #11 contract fell through (buyer couldn't get money together), so it is back on the market.
Price reduced!
Price reduced!
April 13, 2014, 10:55:49 PM
Do you have any pictures of these properties. The link below is not working anymore
The link in the OP is working:
Pictures: http://gtf.org/garzik/holly-lake/
April 13, 2014, 06:47:42 PM
Do you have any pictures of these properties. The link below is not working anymore
April 13, 2014, 12:46:03 AM
I want to tell you that you have in the U.S. is very expensive land 
April 12, 2014, 05:53:20 PM
Lot #5 is under contract (alas, not for bitcoin).
Lot #11 is still available.
Lot #11 is still available.
March 28, 2014, 05:38:54 PM
Bump.
February 25, 2014, 11:20:09 PM
Here's an ad from the local paper: http://www.newsobserver.com/adperfect/ad/2524133
February 03, 2014, 12:11:17 AM
Added pictures, GPS/map address and utilities information to OP.
February 02, 2014, 11:23:30 PM
Asking $68,000, or the equivalent in bitcoins (~71 BTC as of this
writing) for two lots of vacant land in Wake County, North Carolina
totalling 3.2 acres.
Lot #5 is partially cleared, zoned for manufactured home, 1.69 acres. Has
dormant septic and well. Asking $42,000 (or BTC equivalent) if purchased alone.
Lot #11 is not cleared, full of young pine trees, 1.50 acres. Asking
$30,000 (or BTC equivalent) if purchased alone.
New pictures: http://gtf.org/garzik/holly-lake/
writing) for two lots of vacant land in Wake County, North Carolina
totalling 3.2 acres.
Lot #5 is partially cleared, zoned for manufactured home, 1.69 acres. Has
dormant septic and well. Asking $42,000 (or BTC equivalent) if purchased alone.
Lot #11 is not cleared, full of young pine trees, 1.50 acres. Asking
$30,000 (or BTC equivalent) if purchased alone.
New pictures: http://gtf.org/garzik/holly-lake/
All prices reduced, by several thousand dollars. See OP (quoted).
$68k=
$42k=
$30k=
February 01, 2014, 10:01:11 AM
Bump... Currently under 75 BTC for both lots.
It is zoned residential, yes.
The property is "out in the county" There are many houses nearby, but it is not in a neighborhood with one house right next to another. All the lots in this area are large, so houses tend to be over 200' apart from each other. Some homes are manufactured homes (mobile homes), rather than site-built single-family homes.
I was planning to build one house on each lot, before I had to move away.
It is residential.... I'm gonna go with no. Plus you'd be better off moving to Colorado if that were your intention.
Jeez I really want these lots... Just 1 more 200% gain in the price of BTC... then they are mine!
Jeez I really want these lots... Just 1 more 200% gain in the price of BTC... then they are mine!
It is zoned residential, yes.
The property is "out in the county" There are many houses nearby, but it is not in a neighborhood with one house right next to another. All the lots in this area are large, so houses tend to be over 200' apart from each other. Some homes are manufactured homes (mobile homes), rather than site-built single-family homes.
I was planning to build one house on each lot, before I had to move away.
January 13, 2014, 10:29:58 PM
It is residential.... I'm gonna go with no. Plus you'd be better off moving to Colorado if that were your intention.
Jeez I really want these lots... Just 1 more 200% gain in the price of BTC... then they are mine!
Jeez I really want these lots... Just 1 more 200% gain in the price of BTC... then they are mine!
January 13, 2014, 10:20:29 PM
Are the lots discreet enough to grow marijuana?
December 27, 2013, 01:54:59 PM
I'm in the for the holidays if you like I can drive by and take pics
You're more than welcome to! PM me for address.
Bump. Currently ~100 BTC for both lots.
can we do a groupbuyi want like 1 sq yard
If you can find a group leader who organizes the group buy, sure. I need one payment, the standard for real estate transactions. What your group does with the lots after that is up to you.
December 25, 2013, 05:45:50 PM
I'm in the for the holidays if you like I can drive by and take pics
December 24, 2013, 09:02:08 PM
Bump. Currently ~100 BTC for both lots.
can we do a groupbuyi want like 1 sq yard
December 14, 2013, 11:31:30 PM
I want.
December 14, 2013, 10:52:24 PM
How much to get my name on the side of one of those bitcoin satellites?
November 30, 2013, 11:26:25 AM
Well, 27 BTC will get you one of the lots, at current prices...
November 30, 2013, 11:14:29 AM
My offer of 20btc still open... Otherwise I'll just wait. 
November 20, 2013, 02:26:13 PM
If anyone needs me to run a preliminary title report, I can do so free of charge.
October 21, 2013, 09:33:09 PM
this is a serious question
would you sell very small amounts of this land? like a few square yards
would you sell very small amounts of this land? like a few square yards
No, sorry.
October 21, 2013, 02:30:57 PM
I would be into buying enough land to put up a tent 
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It's all fun and games until somebody loses an eye
October 21, 2013, 01:52:51 PM
this is a serious question
would you sell very small amounts of this land? like a few square yards
would you sell very small amounts of this land? like a few square yards
More importantly, do local regulations allow such sales?
October 21, 2013, 01:42:37 PM
this is a serious question
would you sell very small amounts of this land? like a few square yards
would you sell very small amounts of this land? like a few square yards
September 10, 2013, 12:40:46 PM
September 10, 2013, 12:32:47 PM
I go right down 540 when i go to raleigh.. I will stop by and take a look at it.
Yes, it is very convenient to I-540.
Quote
What is up with the retention pond? is that sewage does it stink?
* edit
I see that the google maps picture was taken a couple years back during the drought.. It kinda looked like a sewage pond, but now i see it is just a regular pond.
* edit
I see that the google maps picture was taken a couple years back during the drought.. It kinda looked like a sewage pond, but now i see it is just a regular pond.
As you discovered, it is a normal pond, not sewage.
September 10, 2013, 10:55:20 AM
If this is bought by BTC this I think is the biggest "something for nothing deal" ever (according to a typical generalist who doesn't value BTC)
Come to think of that!
Come to think of that!
September 10, 2013, 10:47:32 AM
I go right down 540 when i go to raleigh.. I will stop by and take a look at it.
What is up with the retention pond? is that sewage does it stink?
* edit
I see that the google maps picture was taken a couple years back during the drought.. It kinda looked like a sewage pond, but now i see it is just a regular pond.
What is up with the retention pond? is that sewage does it stink?
* edit
I see that the google maps picture was taken a couple years back during the drought.. It kinda looked like a sewage pond, but now i see it is just a regular pond.
September 10, 2013, 07:08:26 AM
Do you have any pictures of the land?
Yes. PM sent.
September 10, 2013, 07:08:09 AM
I was raised in Raleigh and will be moving back there after my lease runs up. My dad lives off highway 98 right off of falls lake and I would like to live in that area.
Basically you want 30 k for 1.65 acres right?
Basically you want 30 k for 1.65 acres right?
Smaller lot: $33k for 1.50 acres, uncleared
Larger lot: $45k for 1.69 acres, partially cleared w/ home site + septic + well
Quote
How exactly do i get there? I will be in Raleigh soon and would like to drive by.
PM sent.
September 09, 2013, 03:14:43 PM
Do you have any pictures of the land?
September 09, 2013, 02:52:48 PM
I was raised in Raleigh and will be moving back there after my lease runs up. My dad lives off highway 98 right off of falls lake and I would like to live in that area.
Basically you want 30 k for 1.65 acres right?
How exactly do i get there? I will be in Raleigh soon and would like to drive by.
Basically you want 30 k for 1.65 acres right?
How exactly do i get there? I will be in Raleigh soon and would like to drive by.
May 04, 2013, 02:07:20 PM
will you owner finance? if I pay cash?
Sorry, no. Maybe someone else on the forum will finance...
May 04, 2013, 01:30:24 PM
will you owner finance? if I pay cash?
May 04, 2013, 11:08:07 AM
Quote
only 3hours from atlantic
I make the drive from Durham to Wilmington in 2 hours flat...
When it gets to 20 btc for both get back to me and I'll buy both
April 09, 2013, 01:11:31 AM
lol, what a small world, I live in wake county
My dad owns 4 houses in wake county and if you provided more information I'm sure he would look into this
My dad owns 4 houses in wake county and if you provided more information I'm sure he would look into this
Send a PM, and I'll be happy to provide any additional information needed.
April 09, 2013, 12:30:45 AM
lol, what a small world, I live in wake county
My dad owns 4 houses in wake county and if you provided more information I'm sure he would look into this
My dad owns 4 houses in wake county and if you provided more information I'm sure he would look into this
March 27, 2013, 05:31:58 PM
Good initiative, good luck.
March 27, 2013, 05:27:08 PM
Unfortunately, North Carolina is a bit far afield for me.
But best of luck to you!
But best of luck to you!
March 27, 2013, 04:11:31 PM
It has come to my attention that Lot #11 was mispriced, and is actually being sold below cost.
The new price for Lot #11 is $33,000 (or bitcoin equivalent). The other prices are unchanged.
Snapshot, based on $87.99 current price:
Both lots ($70,000): 795 BTC
Lot #5 alone ($45,000): 511 BTC
Lot #11 alone ($33,000): 375 BTC
$70k=
$45k=
$33k=
for information only
March 27, 2013, 04:09:06 PM
Oh this is cool!, I would Love to see Land purchased with bitcoins!, purchasing land is a great feat for anyone!
I can see it now in the online headlines "Man buys acres of land using bitcoins" and then up goes the value of coins!
I can see it now in the online headlines "Man buys acres of land using bitcoins" and then up goes the value of coins!
March 27, 2013, 03:57:57 PM
It has come to my attention that Lot #11 was mispriced, and is actually being sold below cost.
The new price for Lot #11 is $33,000 (or bitcoin equivalent). The other prices are unchanged.
Snapshot, based on $87.99 current price:
Both lots ($70,000): 795 BTC
Lot #5 alone ($45,000): 511 BTC
Lot #11 alone ($33,000): 375 BTC
March 22, 2013, 03:19:17 PM
How much are property taxes?
.5340 for Wake County http://www.dor.state.nc.us/publications/2012-13_countytaxrates.pdf
For the purposes of property tax calculation, these are the assessed values, according to Wake County:
Lot #5: $67,146 (paid $412 for property taxes in current tax year)
Lot #11: $58,900 (paid $361 for property taxes in current tax year)
The tax values are above listing price, and in my opinion, are over-valued. The property values are re-assessed every few years, but you can always go through a months-long appeals process to "short circuit" that.
March 22, 2013, 03:12:54 PM
Answering some questions left by a private inquirer:
Q. Does this include permission to build on the vacant land? (Apparently in some countries the right-to-build may be separate)
A. In Wake County/NC/USA, a construction permit is required. The purpose of the permit is an engineering evaluation, to ensure you are building a safe building. As long as your submitted engineering plans conform to local building codes, you may build as you like, when you like.
Q. Are foreigners permitted to purchase this land? Are corporations permitted to purchase?
A. Yes and yes. The county's Register Of Deeds will require a name and mailing address for public records and property taxes. Property taxes must be paid in USD, not BTC.
Q. Does this include permission to build on the vacant land? (Apparently in some countries the right-to-build may be separate)
A. In Wake County/NC/USA, a construction permit is required. The purpose of the permit is an engineering evaluation, to ensure you are building a safe building. As long as your submitted engineering plans conform to local building codes, you may build as you like, when you like.
Q. Are foreigners permitted to purchase this land? Are corporations permitted to purchase?
A. Yes and yes. The county's Register Of Deeds will require a name and mailing address for public records and property taxes. Property taxes must be paid in USD, not BTC.
March 22, 2013, 02:32:32 PM
How much are property taxes?
.5340 for Wake County http://www.dor.state.nc.us/publications/2012-13_countytaxrates.pdf
March 22, 2013, 02:10:26 PM
How much are property taxes?
March 21, 2013, 11:19:34 PM
Only 1166 bitcoins? Hmm, I've probably got that laying around somewhere...
Due to bitcoin's value volatility, the purchase price is indexed to the US Dollar, and would be converted a couple days before closing/settlement.
So at present market price, $70,000 is more like 953 BTC
March 21, 2013, 11:08:13 PM
Only 1166 bitcoins? Hmm, I've probably got that laying around somewhere...
March 21, 2013, 04:21:29 PM
Some info about the area:
http://en.wikipedia.org/wiki/Wake_County,_North_Carolina
http://www.visitraleigh.com/
Wake County is a growing area, a good real estate investment according to some:
http://www.newsobserver.com/2013/02/23/2702528/california-billionaire-bets-on.html
Wake County was one of the areas relatively untouched by the subprime mortgage crisis, and its population continues to grow.
Only ~3 hours to the Atlantic Ocean, by car.
March 21, 2013, 12:43:59 AM
i've only been involved a couple months but I spent 9 ! . Ideally I would like my paychecks to get automatically converted into bitcoins. Then I would pay everything with them if I could. If it were possible.
March 21, 2013, 12:26:39 AM
you've been in bitcoin for years don't you have a crapload already ? Lol 
Under 200 bitcoins currently. I spend mine, and have given away over 15,000 BTC in years past as developer bounties.
This land sale is another example of same: you create a bitcoin economy when you buy and sell with bitcoins.
March 21, 2013, 12:13:09 AM
Summary: Clean title w/ title insurance obtained when I purchased these lots. Currently there is one associated lien, the mortgage on the collective two lots (one debt, two lots).
Can furnish more details to serious inquirers.
you've been in bitcoin for years don't you have a crapload already ? Lol
March 20, 2013, 04:32:19 PM
Summary: Clean title w/ title insurance obtained when I purchased these lots. Currently there is one associated lien, the mortgage on the collective two lots (one debt, two lots).
Can furnish more details to serious inquirers.
March 20, 2013, 03:06:24 PM
March 20, 2013, 12:37:44 AM
Build your dream cabin near the river! Asking $28,000, or the equivalent in bitcoins (~55 BTC as of this writing) for vacant land in Wake County, North Carolina totalling approximately 1.5 acres.
Lot #11 is full of young pine trees. Used to be a garden, 40 years ago.
This lot is less than 0.5 mi to the Neuse River, and has only a slight slope.
Utilities available: electricity, cable TV, Internet, phone, water (well), septic tank.
Nearby: Walking distance to Neuse River, Wil-Mar golf course. Short drive to Knightdale or Raleigh. Easy access to I-540 highway, which takes you straight to the airport.
Pictures: http://gtf.org/garzik/holly-lake/
Map/GPS addresses: 3329 Holly Lake Trail, Raleigh, NC 27604
Lot #11 is full of young pine trees. Used to be a garden, 40 years ago.
This lot is less than 0.5 mi to the Neuse River, and has only a slight slope.
Utilities available: electricity, cable TV, Internet, phone, water (well), septic tank.
Nearby: Walking distance to Neuse River, Wil-Mar golf course. Short drive to Knightdale or Raleigh. Easy access to I-540 highway, which takes you straight to the airport.
Pictures: http://gtf.org/garzik/holly-lake/
Map/GPS addresses: 3329 Holly Lake Trail, Raleigh, NC 27604
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