Updated almost 9 years ago on . Most recent reply
Waterfront lake property question
My brother and I each inherited adjoining lots on Lake Norman, in NC. Property here has become quite valuable and to maximize the value I'd like to subdivide them. Mine is large enough to split, but his is not. Together they total 1.93 acres, so are just 3050 sq ft shy of being four 0.5 acre lots. :(
Crescent Land & Timber (Duke Energy) owns the lake. I wonder if it would be possible for us to purchase the 3050 sq ft from them along the shore? Has anyone here done that? I wonder how much they might ask for it? (They billed my dad for their own mis-survey of the shore 40 years ago!)