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"SHENANDOAH HIGHLANDS" is in the town limits of Spindale, NC.  Spindale is a thriving small community located in the foothills of the Smoky Mountains.  It is truly the finest in low cost small town living and also offering plenty of shopping and recreational activities plus the finest in medical and emergency services. If you are looking for low taxes and a very good, laid back lifestyle for your family or for retirement, Spindale is the place.  I am offering lots ranging in size from .31 acre up to 1.48 acre with prices varying from $9,900 to $25,900.  Some are located on the main street and will have city water and sewer hook up.  The larger more private lots will have city water, underground electricity and phone but will require installation of a septic system.  Some of the larger lots have a running stream through them and some will have mountain views.  These lots are located in the northern most section of the town of Spindale, NC and are in a very quiet rural area but close enough to town for shopping, medical & emergency services.  Deposits are now being accepted for the sale of these lots on a first come first serve basis.   "HURRY ONLY THREE LOTS LEFT"  The name for this subdivision is SHENANDOAH HIGHLANDS.  Call or email me at 828-223-7959 or grconley@bellsouth.net 

Typical wooded lot

Year Round Spring Fed Creek

Cul-d-sac

lot 1

Plat map

map

Map

Typical View


PRICING:

LOT 1 - .31 acres @ $9,900 has sewer and water hook up and paved Frontage Street.

LOT 2 - 1.05 acres  ********(SOLD)*********

LOT 4 - .41 acres @ *******(SOLD)*******

LOT 5 - .95 acres   *********(SOLD)

LOT 1A - 1.33 acres @ ******(SOLD)*******

LOT 2A - 1.28 acres @ $23,500 has city water, Creek, Mountain view and seclusion

LOT 3A - 1.36 acres *******(SOLD)*******

LOT 4A - 1.28 acres ******(SOLD)******                                                                                               
LOT 5A - 1.26 acres *******(SOLD)*******

LOT 1B - 1.28 acres @ $21,900 has city water, creek view & seclusion

LOT 2B - 1.48 acres @ $25,900 has city water, Mountain View & seclusion

LOT 3B - .95 acres *********(SOLD)*******

LOT 4B - 1.28 acres *******(SOLD)******

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DEED RESTRICTIONS:
State of North Carolina
County of Rutherford
Town of Spindale

Declaration of Covenants and Restrictions
Of Shenandoah Highlands Subdivision

            WHEREAS, PORTFOLIO MANAGEMENT INC. Gene R. Conley, President (Managing Partner) and SOUTHEAST INVESTMENT & HOLDINGS, INC., Frank Garcia, President (Partner), has established an overall plan of improvement and development of a Minor Subdivision known as Shenandoah Highlands consisting of nine separate lots of one acre or more further described in Plat Book        , Page    of Rutherford County Registry, and are desirous of placing certain restrictions and limitations upon ownership, use and occupancy of each lot; and to insure the improvement, development and maintenance of said subdivision, said owner(s) hereby place the following restrictions, limitations and reservations, upon the lots in said subdivision, which shall run with the title to each of the lots in said subdivision and shall be binding upon each lot and all persons acquiring title to any of said lots from the owner(s), its grantees, successors or assigns.

            NOW THEREFORE, PORTFOLIO MANAGEMENT INC. & SOUTHEAST INVESTMENT & HOLDINGS, INC., hereinafter referred to as the developer, does hereby impress the following Covenants, Restrictions, Limitations, Reservations and Servitudes upon the ownership and occupancy of each of the lots in the subdivision known as SHENANDOAH HIGHLANDS, hereinafter referred to as  the subdivision which shall run concurrent for a period of 10 years from the date acknowledged herein by the developer; at which time they will expire unless renewed by a majority vote of  at least 5 of the 9 lot owners within the subdivision; which shall run with the title to each of the lots in the subdivision and shall be binding upon each lot and all persons acquiring title to any of the said lots from the developer, subsequent owner(s), their grantees, successors, assigns or heirs:                                                                                                                            
No lot shall be used for any purpose other than for residential occupancy.  There shall be no commercial businesses operated on or upon any lot within the subdivision.  A home based business that does not create any excessive traffic or excessive truck deliveries shall be allowed provided said business does not interfere with the quiet enjoyment of the other owners in the subdivision and is within common reason and common sense.

No Manufactured Housing (i.e. single or double wide mobile homes) that are initially sold with a title shall be allowed to be placed on any lot in the subdivision.  However, modular homes with all wood framing (i.e. floor support beams and floor joist) along with log and custom built homes having at least 1,200 square feet of measured living space not including decks, garages or unfinished basements shall be  permitted.   In the event that a two story home is erected on any lot, the ground floor of such two story residence shall contain not less than 900 square feet of measured living space not including decks, garages or unfinished basements.

No recorded lot in the subdivision shall have more than one single family residence constructed except that a small guest house or garage guest house shall be allowed not to exceed 1000 square feet of measured square feet not including decks, garages or unfinished basements.  (The developer shall guarantee only one (1) septic approval for no more than 3 bedrooms per lot.)

No unlicensed, disabled or abandoned vehicles shall be permitted on any lot nor shall any such vehicles be stored thereon.

No animals, livestock, cattle, pigs, horses or poultry of any kind shall be raised, bred or kept on any lot, except that dogs, cats or other commonly domesticated household pets may be kept.  However, such shall not be maintained for commercial purposes and my not be allowed to become a nuisance (such as continually barking) to the other lot owners in the subdivision. 

No noxious, loud or offensive activity shall be carried on upon any lot nor shall anything be done thereon which may be or may become an annoyance or nuisance to other lot owners in the subdivision.

In the event that a stream crosses or is located upon any lot, the owner of said lot shall not cause that stream to cease to flow, nor divert it from its natural course, nor allow any pollution to enter said stream so as to affect any other property owner.  Said lot owner may properly install a culvert and road crossing as needed for ingress and egress to and from the home site to and from the subdivision road.

The cutting of any trees (10”) ten inches in diameter or larger is prohibited on any lot except within (50’) fifty feet of the house site, or where necessary for construction of driveways or septic tank systems.  Any and all trees cut and/or underbrush cut shall be removed, or buried and reseeded within 90 days of said cutting.  No construction or cut tree/underbrush debris shall be visible from any roadway or other lot in the subdivision.

Initially the developer shall complete all roads in the subdivision to NCDOT specifications including Planning Board variance for overall road width of 29.5’ for the first 200’ of Highland Court into subdivision and upon completion shall turn over and dedicate said roads to the town of Spindale for upkeep and maintenance.

Enforcement of any of these deed restrictions shall be by proceedings at law or in equity against any person or persons violating any covenant, either to retrain violation or recover damages.


Invalidation of any one of these covenants by City or County Ordinance, judgment or court order shall in no wise affect any of the other covenants which shall remain in full force and effect.

IN WITNESS WHEREOF, PORTFOLIO MANAGEMENT INC. & SOUTHEAST INVESTMENT & HOLDINGS, INC. hereunto has caused this instrument to be signed by its president(s)  this ___________day of __July__, 2006.

       Portfolio Management, Inc.                               Southeast Investment & Holdings, Inc.


       By:____________________________            By:____________________________

       Gene R. Conley, President                                 Frank Garcia, President

       State Of North Carolina
       County of Rutherfordton

                   I,_______________________, a Notary Public in and for said County and State, do
       hereby certify that PORTFOLIO MANAGEMENT INC, Gene R. Conley, Its President
       appeared before me this day and acknowledged the due execution of the forgoing instrument.

       
            Witness my hand and official seal this _________ Day Of __________, 2006

                                                                                    
                                                     _____________________________________

                                                      Notary Public

                                                            My commission expires: _________________

       State of Florida
       County of Dade

       
            I,______________________, a Notary Public in and for said County & State do hereby
       certify that SOUTHEAST INVESTMENT & HOLDINGS, INC, Frank Garcia, its president
       appeared before me this day and acknowledged the due execution of the forgoing instrument.

       
            Witness my hand and official seal this _________day of ______________.2006

 
                                                           ________________________________________
                                                           Notary Public

                                                      My commission expires:____________________