This is one lot 50x100 for site built homes only. The building requirements are a minimum of a 1200 square foot home plus a 1 car garage. The city of Granite Shoals maintains the water system. You can purchase a "water tap" from them. You will also need a septic system. You can usually build, however will need an engineer to design the septic. All building plans must be approved by the city before construction starts. .The city of Granite Shoals has a large web site that will give you all the information you may want about that area. Several nice homeowner's park for lake access