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Price:  $1,299,900 (SOLD 2/20/19)

Location:  Madison County

Detailed Property Information

Heated Square Footage
2,226 heated s.f. in 3 BR house
1,222 heated s.f. in 2 BR house
706 heated s.f. in 1 BR house
Year Built
2007 for 3 BR house
2000 for 1 BR house
1969 for 2 BR house
# of Bedrooms
Three in main house
Two in guest house
One in guest house
# of Baths
Two, one and one
Overall Condition
Excellent condition
Acreage
124 Acres
Surface Water
Small creek through property
Pond/Lake
None
Open Field/Pasture
Approximately 26+/-acres of open field/pasture
Nearest Interstate Highway
9+ miles, I-26
Nearest Four Lane Road
4.5+ miles US 25/70
Nearest High Density Area
13 miles (Weaverville)

Photo Gallery

This Madison County farm with three houses is an outstanding opportunity to own not only 124 acres of pristine mountain land, but three well built and ready to go houses.  The infrastructure and improvements alone on this property represent an exceptional value.  That is to say, this property is being offered below replacement cost.

Located within 25 minutes of downtown Asheville and just 19 minutes to Weaverville (on I-26) with its own Walmart and Lowe’s Home Improvement, this property is isolated from view, yet easily convenient.  The county seat of Marshall is just a few miles down the road and features a new Ingles Grocery store (with Starbucks) located just five minutes away.  Very often, to get this kind of convenient location, one is surrounded by development, but not here.  This property is tucked away in a private cove 1,600′ feet from the paved state road.  You’d never know it is there.

Turn off the paved road onto the gravel Bluebird Lane and enter the property through its stone gate.  You’ll be amazed when it opens up into a picturesque valley surrounded by mountain ridges on all sides (which are all included in the property).  That means that you own the whole valley and view shed.  No neighbors looking down on you.

There are three houses on the property, all of which are in excellent condition.  The first is a one bedroom guest house built in 2007.  Modern appliances and construction with a vaulted great room are complimented with and wide decks overlooking a clay tennis court.  Yes, a clay surface tennis court.  There is a full unfinished walk out basement in the lower level, ideal for storage or expansion.  One very important feature is that this property is served by high speed internet, meaning you can stream all the movies you wish and stay connected.  This is rare with a rural property of this nature.

The main lodge features three bedrooms and two baths.  Built in 2000, the house is nestled in the woods with a sweeping deck looking out up to the pastures and includes a large screened porch.  Inside is a two story dining area with a wrap around balcony above.  Beautifully finished inside and out, this property is cool in the summer and cozy in the winter.  It is part of a successful rental program with rates up to $800+ per night.  Click here to view a completely immersive 3D TOUR  The third cabin is a two bedroom guest house with one bath, presently leased long term.

The land is exceptional in regards to topography, views and privacy.  There are approximately 26+/- acres of open field and pasture with a significant portion fenced.  There is a very large hay barn, ideal for a variety of uses complete with water and power extended to it.  A small spring fed creek runs through the property past the barn.  The property lines to the rear include the ridge tops, and in one section, extends down the other side all the way to Walnut Creek Road.  This unique feature means that you have access from two public road and as such, it would be feasible to carve out a portion on the Walnut Creek side for resale if desired without impacting the view shed or privacy of the remainder of the property.  There is an old cabin on this portion of little contributory value although it could be used for unheated storage and such.

Throughout the property one will find numerous horse and ATV trails along with a well established interior road network leading past a former dressage rink leading up to a high ridge that has been cleared for a single family home.  An additional plus is that underground electrical service has been extended to this point.  The views from this point and the upper ridges are outstanding, including a view of Mt. Pisgah off in the distance.  The property tops out at over 2,800′ above sea level.

This is truly a beautiful property that could be used for a family retreat, corporate retreat, rental property, homestead, prepper compound, etc.  The asking price is just over $12,000 per acre, and that INCLUDES the three houses, barn and other site improvements.  This represents a tremendous bargain as you could not replace these improvements for this price.