74 Woodlake Loop Rd , Elk Park, NC 28622(Avery County)

PROPERTY: Perched atop a scenic bluff in the heart of the Pisgah National Forest, this stunning 2.24-acre lot offers breathtaking river valley views and a flat bluff build site, making it the perfect location for your dream home or mountain retreat. With 234 feet of paved private road frontage, this pre-platted and surveyed property ensures easy access and seamless development. Power and water are available along the street, while a septic system can be installed to complete your utilities. No floodplain, ideal buildability, and light residential restrictions allow for a custom home that fits your vision. Nestled in a peaceful, natural setting with abundant deer and wildlife, youll enjoy privacy while being just minutes from Banner Elk, Beech Mountain, and outdoor adventures like the Appalachian Trail and Elk River Falls. Plus, low taxes make this an unbeatable investment opportunity in one of North Carolinas most sought-after mountain communities!

Call, text, or email Scott if you have any questions or would like to make an offer. If youre a Spanish speaker, please ask for Andy on our team and hell be glad to help you. Weve posted a lot of info below - including critical instructions for visiting the property - so please keep reading.

Property Description:

Address: 74 Woodlake Loop Rd, Elk Park, NC, 28622

Size: 2.24 Acres

GPS Coordinates: 36.191218, -81.943333

Full Legal Description: Available upon request

Plat Map/Survey: Available upon request

Title: General Warranty deed (clean - no back taxes, no liens)

Dimensions: starting at SW corner, 234 E/NE (along street) x 452 N x 190 W x 555 S to POB

Floodplain: none

Wetlands: none

Elevation: 3456 feet

Terrain: flat near street, sloped in back

Condition: undeveloped, wooded

Access: 234 feet of direct frontage on Woodlake Loop Rd, a paved private road

Power: available along street frontage from Mountain Electric Co-op

Water: available along street via community well

Wastewater: septic system would need to be installed

Taxes: $252.00 in 2024

Hoa: The Headwaters

HOA/POA Fees: $1600 paid every 6 months

DEED RESTRICTIONS: The Headwaters CC+Rs

single family homes only

1700 sf minimum single story, 2100 sf two-story

setbacks: 20 feet from street, 15 feet from side

no mobile or manufactured homes (site-built only)

no trailer living on-site during construction

may use your own builder/contractor

no livestock

no subdividing

construction must be completed within 12 months of start

renting allowed for 7 night minimum

ZONING: Residential

single family homes only

1700 sf minimum single story, 2100 sf two-story

setbacks: 20 feet from street, 15 feet from side

no mobile or manufactured homes (site-built only)

no trailer living on-site during construction

may use your own builder/contractor

no livestock

no subdividing

construction must be completed within 12 months of start

renting allowed for 7 night minimum

Inquire for Full Restrictions

School District: Freedom Trail, Cranberry, Avery County

NEAREST CITIES: Banner Elk

NEAREST AIRPORTS: Elk River (15 mins), Charlotte Douglas International (2 hrs 35 mins)

Visiting the Property

Call our agent to schedule an on-site viewing. She will escort you through the gate and to the property. Contact us to provide you with her details.

Driving Directions: Simply enter your starting point to get step-by-step directions.

You can navigate to the following GPS Coordinates: 36.191218, -81.943333

Local Attractions

Located in the heart of the Pisgah National Forest inside North Carolinas majestic Appalachian Mountains, this area offers a treasure trove of outdoor adventures and conveniences. Explore the Appalachian Trail, renowned for its over 2,000 miles of stunning hiking trails, or visit Elk River Falls, where a breathtaking 50-foot cascade creates a serene spot for picnicking and photography. For family-friendly fun, Wildcat Lake provides a sandy beach for swimming and opportunities for paddleboarding. The nearest town, Banner Elk, offers all the essentials, including grocery stores like Food Lion and Lowes Foods, as well as a variety of restaurants such as Sorrentos Italian Bistro and Banner Elk Caf & Tavern. For major shopping needs, the nearest Walmart is 45 minutes away in Boone, while the vibrant city of Johnson City, Tennessee offers a wider range of amenities and entertainment options less than an hours drive.

OWNER Financing: We do offer owner financing under the following terms:

Owner Financed Price = $52,500

Down Payment = $11,000

Monthly Payment = $935.24

Term = 5 years (60 Months)

Interest Rate = 10.9%

No Pre-Payoff Penalty!

Call, text, or email Scott if youd like to discuss an offer. If youre a Spanish speaker, please ask for Andy on our team and hell be glad to help you.

For Sale by Owner: We are investors, and are selling this lot For-Sale-By-Owner. You do not need to submit your offer through a real estate agent, and in our experience we close transactions more quickly and easily by having our dedicated transaction coordinator work directly with the Title Company and Buyers. We will also both save money on commission/fees by cutting out agents as the middle men. However, if you feel strongly about working with a Realtor, then youre welcome to have them contact us on your behalf.

Why Are You Selling It So Cheap? We are often asked why we price our properties at below market value, and the answer is really simple: because we can, and thats our core business model. We are investors who purchase properties at a large volume and deeply liquidated rates, and by passing this discount on to our buyers, we can sell land quicklyand more of it. In fact, our average property only lasts 2-3 weeks on the market (vs. industry average of about 6 months).

Disclaimer: We attempt to provide detailed, accurate and up-to-date information in our listings, in order to help our buyers to the best of our ability. However, it ultimately remains the buyers responsibility to perform their own due diligence and double check any details that are of significant importance to you including acreage, utilities, buildability, and approved/allowable usage for the property. We are happy to help however we can.