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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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1001 Old Aiken Rd , North Augusta, SC 29841
$4,000,000
Est. Payment: $21,552.51/mo
184.5 Acres
Status: active | Days on site: 14
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161704 - 34445
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Terri Bias
Operator/Brokerage Owner

House Description

APPRAISED AT $9.1 MILLION, NOW OFFERED IN A BANKRUPTCY BID SALE. Appraised at $9,100,000 in April 2024 (the 173.5-acre parcel alone). The full 184.5± acres now sell to the highest or best qualified bid in a court-supervised Chapter 11 sale. The price shown is not an asking price, reserve or minimum bid. Bidders set the price. Weeping Willows: planned residential land in North Augusta, SC, in the growing Augusta, GA-SC metro. Undeveloped, but not unplanned. The metro needs more than 17,350 new homes by 2030 and must build 43% faster than it does today to keep up with 16,256 new jobs (2025 regional housing study), anchored by Fort Eisenhower, home of U.S. Army Cyber Command, and the Savannah River Site. North Augusta grew 10.5% from 2020 to 2025, more than twice the metro's pace. THE PROPERTY: Two parcels sold together. 013-12-01-001: 173.50± acres, zoned PUD A. 013-12-01-002: 11.00± acres, zoned UD, with an 1850 farmhouse and a storage building. About 3,109 feet of frontage on Old Aiken Rd and 671 feet on US 1/US 78 (about 21,900 vehicles a day, SCDOT 2021). 1.6 miles to I-520 and 3.5 miles to downtown Augusta. Flood Zone X. A 24-inch City of North Augusta water line crosses the site. THE WORK ALREADY DONE: Zoned PUD A, which Aiken County Planning has confirmed will remain in place. The approved PUD plan calls for single-family homes, townhomes and apartments, with an amenity center, parks and trails. Six-phase master plan by CES Group (2022); part of Phase VI as drawn sits on an adjoining parcel not in this sale. Phase 1 preliminary plat approved for 89 lots on 27.05 acres, with sealed construction plans; clearing and grading began on Phase 1 in 2023. Phase 2A construction plans (2023). Four 2022 Phase 1 site-work bids from $3.57 million to $5.45 million. Boundary and topographic survey and recorded boundary plat. Army Corps wetland delineation concurrence; wetlands and waters total about 4% of the land. Traffic impact study. Phase 1 NPDES stormwater coverage. Phase I Environmental Site Assessment. Sewer planned through the City of North Augusta and the Valley Public Service Authority, with a recorded annexation agreement. The seller assigns its rights, if any, in these items to the extent each can be transferred; reusing engineering plans generally takes the engineer's permission. The current PUD plan and Phase 1 plat approvals expire December 31, 2026; a new owner would submit its own PUD documents for Planning Commission approval, with no rezoning needed. Ask the listing agent for details. SALE PROCESS: Case No. 26-00077-ELG, U.S. Bankruptcy Court for the District of Columbia, offered free and clear subject to court approval. Qualified bids due Tuesday, December 8, 2026, at 6:00 PM ET, with a 10% good faith deposit and proof of funds. Auction, held only if two or more qualified bids are received: Wednesday, December 16, 2026, at 2:00 PM ET, by Zoom, or in person at the E. Barrett Prettyman U.S. Courthouse, 333 Constitution Avenue NW, Washington, DC 20001. Auction conducted by the U.S. Bankruptcy Court for the District of Columbia, Judge Elizabeth L. Gunn, sitting as auctioneer (Bid Procedures ¶21); no auctioneer license applies. Outside closing January 7, 2027. Sold as is, with no inspection, financing or appraisal contingencies. A bankruptcy sale can look complicated at first glance. It does not have to be. The listing agent will walk any buyer through each step, the timeline and what a complete qualified bid must include.

Highlights

Listed by Patrick Register , 704-621-0190 Coldwell Banker Realty , 704-541-5111. Canopy MLS mls logo

Property Type

Vacant Land

Lot/Acreage
184.5

County

Aiken

Listing ID

4435243

Questions about this listing?

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Interior Features

Water:Other - See Remarks

Exterior Features

Lot Dimensions:4900x2900x3600x1500
Zoning:PUD
Sewer:Other - See Remarks
Principal Interest
$21,553
Taxes
$2,550

Home Price

$4,000,000

Loan Details

30 yrs
7.122%

Down Payment

20%
$800,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$21,552.51

Principal

Taxes

Principal Taxes HOA Total
Monthly $21,552.51 $2,550.00 $0.00 $24,102.51
Yearly $258,630.16 $30,600.00 $0.00 $289,230.16
Total $7,758,904.87 $918,000.00 $0.00 $8,676,904.87

Today's Rates

30 Year

7.12%

20 Year

6.81%

15 Year

6.52%

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Market insight data is pulled from the same city as the listing being viewed (North Augusta, SC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Terri Bias and Associates | PLACE nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Listings courtesy of Canopy MLS as distributed by MLS GRID

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Data last updated: 2026-10-30T10:01:08.000Z

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