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

    24 Welders Lane Dillsboro, NC 28725

    View on Map
    For Sale
    $399,000

    Farm House,Cottage,Cabin,Two Story - Dillsboro, NC

    Type:Farm
    Lot size:
    1.00 Acre
    Added:
    Mar 1, 2026
    Days on Market:
    32
    Last Refresh:
    Apr 2 at 9:06 am

    Property Features for 24 Welders Lane

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Bedrooms
    3
    Bathrooms
    3
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Dining Room, Kitchen, Laundry, Living Room
    Parking
    2
    Parking features
    Garage, Garage - Detached
    Patio and Porch features
    Porch
    Interior features
    Ceiling Fans, Ceramic Tile Bath, Country Kitchen, Large Master Bedroom, Living/Dining Room, Main Level Living, Primary on Main Level, Pantry, Smoke Detectors, Walk-in Closets, Workshop
    Exterior features
    Paved Driveway, Porch
    Basement Y/N
    1
    Appliances
    Dishwasher, Dryer, Microwave, Other, Range, Refrigerator, Washer
    Standard status
    Active
    APN
    7631-25-5344
    Lot size
    1.00 Acre

    Utilities

    Heating system
    Heat Pump (Heating)
    Cooling system
    Central Air, Electric, Heat Pump

    Building Details

    Year built
    1982
    Floors in Building
    2
    Flooring type
    Carpet, Hardwood
    Building materials
    Wood Siding
    Roof type
    Metal
    Architectural style
    Cottage

    We can help!

    Listing Contact
    Bernie Gilchrist

    Listing agent Bernie Gilchrist

    Listing office SUNDOG REALTY 702 W. Main Street, Cullowhee, NC

    Listing date Mar 1, 2026

    MLS# 26045449 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.

    Overview

    Turnkey Bungalow Overlooking Tuckasegee River

    This turnkey bungalow offers a living experience overlooking the Tuckasegee River. The 3-bedroom, 2-bathroom home features main level living with additional space for guests upstairs. The property includes a large kitchen and a living/dining area adjacent to the kitchen. Two bedrooms are located on the main level. A private patio provides space for grilling and relaxation, enhanced by natural screening. Wrap-around decks allow enjoyment of the views. Situated on a 1-acre lot, this property is suitable as a primary residence with convenient highway access or as a rental investment. Dillsboro, with its dining options, brewery, wine bar, and arts and crafts, is located just across the bridge. The Tuckasegee River offers opportunities for fly fishing, kayaking, rafting, and swimming. The house comes fully furnished.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Map

    City
    Dillsboro
    County
    Jackson
    State
    North Carolina
    Longitude
    -83.2528
    Latitude
    35.3695

    Nearby Similar for Sale

    • $173,900
      680 SF

      Dillsboro, NC Retail/Office Opportunity

      Retail/office space in Dillsboro, NC with separate entrances.
      20 Depot Street, Dillsboro, NC 28725
      View Details
    • $649,000
      3,040 SF

      Dillsboro Commercial Building For Sale

      3040 sqft commercial building in the heart of Dillsboro, NC.
      64 Front Street, Dillsboro, NC 28725
      View Details

    FAQs

    What type of property is this?
    Farm - Furnished 3/2/2 bungalow with river views in Dillsboro, NC.
    Where is this farm located?
    The property is located at 24 Welders Lane Dillsboro, NC.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: Turnkey bungalow with main level living and additional upstairs guest space.; Overlooks the Tuckasegee River with wrap‑around decks for enjoying the views.; Fully furnished, including silverware.
    (828) 606-2900
    We can help!
    Listing Contact
    Bernie Gilchrist
    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!