Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    140 Pine View Road Newland, NC 28657

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $84,900

    LAND - Newland, NC

    Lot size:
    0.21 Acres
    Added:
    Jul 3, 2025
    Days on Market:
    300
    Last Refresh:
    Apr 28 at 4:06 pm

    Property Features for 140 Pine View Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.21 Acres

    We can help!

    Listing Contact
    Mary Pope

    Listing agent Mary Pope

    Listing office Keller Williams High Country 774 E King Street STE A, Boone, NC

    Listing date Jul 3, 2025

    MLS# 256695 Listing URL

    Copyright © 2026 High Country Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Linville Land Harbor Buildable Lot

    This 0.21-acre lot is located in the Lake View Hills neighborhood of Linville Land Harbor. The property is gently sloped and tree-lined, situated outside the flood zone but within walking distance of the lake and recreation center. The lot has been surveyed, partially cleared, and fully connected to community water, sewer, and utilities. House plans are available. Linville Land Harbor provides amenities including an 18-hole golf course, a heated outdoor pool, tennis and pickleball courts, a lake with a sandy beach for swimming, fishing, kayaking, and canoeing. Additional amenities include clubhouses, hiking trails, a dog park, basketball courts, and a covered pavilion for gatherings and events, shuffleboard, group fitness classes, and garden plots. Located in the Blue Ridge Mountains, Linville Land Harbor is near the Blue Ridge Parkway, Grandfather Mountain, Linville Falls, and Banner Elk, with skiing available at Beech and Sugar Mountains. The property is suitable for a full-time home, weekend getaway, or investment property, with short- and long-term rentals permitted.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Building Supply Hair Salon Big Box & Wholesale Store Nail Salon Kitchen & Bath Showroom HVAC Service Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newland
    County
    Avery
    State
    North Carolina
    Longitude
    -81.8885327
    Latitude
    36.0419971

    Nearby Similar for Sale

    • $29,900

      Residential Lot in Jonas Ridge

      0.98-acre vacant lot in the Blue Ridge Mountains.
      Sunny Drive lot: 322, Newland, NC 28657
      View Details
    • $205,000

      7.76 Acres Overlooking North Toe River

      7.76 acre lot with 1000 ft river frontage.
      37 S US 19E Highway, Newland, NC 28657
      View Details
    • $240,000

      Unrestricted Land with Mountain Views

      19+ acres with panoramic mountain views in Newland, NC.
      6848 Dogwood Knob Road, Newland, NC 28657
      View Details
    • $339,900

      Toe River Frontage Land

      8.07 acres with river frontage, well, and septic permit.
      TBD Lots 1 & 2 Toe River Lane, Newland, NC 28657
      View Details
    • $75,000

      Versatile Land Near Blue Ridge Parkway

      Two-acre lot near Blue Ridge Parkway with flexible zoning.
      7360 NC 183 Highway, Newland, NC 28657
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Gently sloped lot with utilities in resort community.
    Where is this residential land & home lot located?
    The property is located at 140 Pine View Road Newland, NC.
    What is the asking price?
    The asking price for this property is $84,900.
    What are key features of this property?
    This property features: Ready to build: the lot is surveyed, partially cleared, and fully connected to community water, sewer, and utilities.; Desirable community: located in Lake View Hills within Linville Land Harbor, a sought‑after community in the High Country.; Enjoy resort‑style amenities: access to an 18‑hole golf course, heated outdoor pool, tennis & pickleball courts, lake, clubhouses, and more.
    (404) 277-3545
    We can help!
    Listing Contact
    Mary Pope
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!