Price: $1,099,900 (NEW LISTING 8/27/21)
Location: Buncombe County (Weaverville)
Detailed Property Information
- Heated Square Footage
- 1,120 heated s.f.
1,120 lower level finished basement
- Year Built
- # of Bedrooms
- Two Bedroom in Primary Home
10 Bedrooms in Three Rental Homes
- # of Baths
- Two Full and one half in Primary Home
Four Full in the rental homes
- Overall Condition
- Excellent condition Primary Home
- Approximately 22 acres
- Surface Water
- Creek and springs
- Small pond
- Open Field/Pasture
- Approximately 20 acres
- Nearest Interstate Highway
- 3+ miles, I-26
- Nearest Four Lane Road
- 3 miles, I-26
- Nearest High Density Area
- 10 miles (Weaverville)
Taffie Ridge Farm is a family heritage farm, having been in the same family for generations. Its an absolutely lovely property situated in northwestern Buncombe County, approximately 30 minutes to downtown Asheville and just 15 minutes to Weaverville where you’ll find all the retail services one may need. Situated in a rural part of the county surrounded by other large acreage farms, its an idyllic setting with peace and quiet, yet easily accessible at the end of the paved state maintained road. Click here for a full length video of the property.
The property consists of approximately 22 beautiful gently rolling acres of which approximately 20 are cleared and open. The remaining two acres are a woodland grove off to one side. The dwellings and farm buildings are situated on a broad plateau providing impressive views in several directions to the distant mountains. The view from the deck of the primary home is outstanding. The bulk of the land is fenced pasture/fields that have been used for hay, livestock and crops through the years. There are springs in the low portions of the pastures with a small pond at the bottom of one “hollar”. Down below the primary house is a mature garden area drenched in sunlight year round. An additional benefit is that the property is in the “Present Use Program” which is a county administered program providing a deep discount on the property taxes. Keep the property in a farm use and you get the benefit. All that is required is the sale of $1,000 of farm goods. “Farm goods” can be a cow, hay, blueberries, eggs, honey, chickens, or anything else agriculturally related. Click here for an interactive map.
The improvements to the property are many. There is the primary house which is a beautiful two bedroom home with complete walk out basement and a huge covered deck taking in the views. High ceilings, wood floors, master bedroom on the main level, make for easy living. The lower level basement features a second bedroom and bath along with a large open room with woodstove and large pantry storage area. This area is presently unfinished, but is livable as it is. Outside the lower level is a large hot tub under the deck and off to the side is a 2,000 gallon above ground water storage tank.
In addition to the primary house, there are three other dwellings. These are long term rental properties situated near the side of the dead end road. One is the seller’s homestead and features three bedrooms and one bath. The other two are well maintained manufactured homes featuring four bedrooms and two baths in one, and three bedrooms and one bath in the other. Again, they are all well maintained and have had numerous capital improvements in recent years such as new roofing, paint, etc. These three have a long history of excellent tenants and they produce approximately $33,000 gross revenue per year. Operating expenses are minimal with most of this income being net income to the sellers. If capitalized into a value, the net operating income represents between $400,000 to $450,000 of value by itself.
There are several large farm buildings. The largest is a pole barn used for hay storage, silage and equipment storage under the lean to sheds on the side. This barn has many years of life left in it. There are two small prefabricated outbuildings ideal for small equipment storage. A very large chicken house is off to one side with heirloom siding and metal roofing. This building could be brought back to life if needed, and one entire side is a lean-to shed, perfect for equipment storage. Speaking of equipment, the owners are offering to sell three tractors, attachments and other farm implements via separate bill of sale.
There are no restrictions on the land as it is in an Open Use district and there are no private restrictions. That means you can utilize the land for most any purpose you’d need. With big views, gentle open topography, a very comfortable modern primary home, three income producing homes, farm buildings, 20+ acres of fenced pastures, paved road access, this property has everything one needs to be self-sufficient and comfortable at the same time. This is absolutely a charming property that is hard to find in this area. Call us today for a private showing. Serious inquiries only and 24 hours notice is required.