Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    21 Falls View Dr Bryson City, NC 28713

    Sponsored
    For Sale
    $140,000

    Cleared Lot,Residential - Bryson City, NC

    Type:Single Family Residence
    Lot size:
    2.33 Acres
    Days on Market:
    81
    Last Refresh:
    Jan 19 at 9:06 pm

    Property Features for 21 Falls View Dr

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    APN
    667202771149
    Exterior features
    None
    Lot size
    2.33 Acres

    Taxes and HOA fees

    Expense value
    1000
    Expense
    Home Owner Assessments Fee

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Brandi Hollifield
    Brandi Hollifield

    eXp Realty, LLC (MLS Only) (888) 548-9431

    Listing agent Brandi Hollifield (888) 584-9431

    Listing date Oct 31, 2025

    MLS# 26042475 Listing URL

    Copyright © 2026 Carolina Smokies 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.

    Learn more

    Property Insight Report

    Overview

    Residential Lot in Gated Community

    Located within The Falls, a gated mountain community, this 2.33-acre parcel offers a cleared homesite suitable for a mountain getaway or full-time residence. The community is known for its waterfalls, creeks, and natural setting. The property features mountain views and includes underground electric and available high-speed internet. Paved roads provide access. Additional trees have been removed to maximize views. The property is located in Bryson City, NC.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Bryson City
    County
    Swain
    State
    North Carolina
    Longitude
    -83.603
    Latitude
    35.5051

    Nearby Similar for Sale

    • $1,750,000
      14.05 Acres

      Farm with Two Single-Level Homes

      Versatile mountain property featuring two homes on 14.05 acres.
      1703 West Deep Creek Rd, Bryson City, NC 28713
      View Details
    • $425,000
      2.13 Acres

      Farm House in Bryson City

      Four-bedroom home near NC game lands in Bryson City, NC.
      175 Williams Way, Bryson City, NC 28713
      View Details
    • $549,900
      18.28 Acres

      Farmhouse with Unrestricted Land

      Farmhouse on 18 acres with creeks and waterfalls.
      4160 Us Hwy 19 West, Bryson City, NC 28713
      View Details
    • $339,900
      1,731 SF

      Historical Farmhouse in Bryson City

      Charming two-story farmhouse near the Great Smoky Mountains.
      200 Observation Point Rd, Bryson City, NC 28713
      View Details
    • $2,250,000
      3,600 SF

      Bryson City Medical Investment Opportunity

      Two adjacent medical facilities in a high-visibility location.
      120 Veterans Blvd, Bryson City, NC 28713
      View Details
    • $340,000
      8.30 Acres

      Smoky Mountain Estate with Rental

      8+ acre Smoky Mountain property with three homes.
      545 Deep Gap Rd, Bryson City, NC 28713
      View Details
    • $375,000
      2,767 SF

      Mountain Home with Guest House

      Charming mountain home with guest house and exceptional outdoor living.
      2281 Balltown Rd, Bryson City, NC 28713
      View Details
    • $235,000
      0.56 Acres

      Commercial Building Near Bryson City

      Commercial building with potential for various business types.
      765 Fontana Rd, Bryson City, NC 28713
      View Details
    • $150,000
      0.24 Acres

      Versatile Commercial Property with Riverfront

      High-traffic location with river frontage and redevelopment potential.
      1325 Main St, Bryson City, NC 28713
      View Details
    • $224,900
      1.77 Acres

      Charming Farmhouse in Smoky Mountains

      Farmhouse on 1.766 acres near Bryson City, North Carolina.
      8222 Alarka Rd, Bryson City, NC 28713
      View Details
    • $519,000
      3.04 Acres

      Bryson City Mobile Home Park

      Income-producing mobile home park near local attractions.
      1242 Alarka Rd, Bryson City, NC 28713
      View Details
    • $335,000
      4,088 SF

      Bryson City Storage Facility For Sale

      37-unit storage facility on 0.33 acres in Bryson City.
      2412 Hwy 19 Hwy, Bryson City, NC 28713
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 2.33-acre cleared homesite in a gated mountain community.
    Where is this residential land & home lot located?
    The property is located at 21 Falls View Dr Bryson City, NC.
    What is the asking price?
    The asking price for this property is $140,000.
    What are key features of this property?
    This property features: - Gated mountain community with waterfalls and creeks.; - Cleared 2.33-acre homesite with **mountain views**.; - Underground electric and high-speed internet available.
    (828) 736-3863
    Request Owner's contact information
    21 Falls View Dr Bryson City, NC 28713
    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.
    21 Falls View Dr
    Bryson City, NC 28713
    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
    21 Falls View Dr Bryson City, NC 28713
    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

    We can help!
    Listing Contact
    Brandi Hollifield
    Brandi Hollifield
    (828) 736-3863
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.