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

    LOT 31 Tower Falls Lane Hayesville, NC 28904

    View on Map
    Claim this Listing
    For Sale
    $49,900

    Lot,Rural Subdivision - HAYESVILLE, NC

    Added:
    Jan 12, 2026
    Days on Market:
    110
    Last Refresh:
    May 2 at 1:06 am

    Property Features for LOT 31 Tower Falls Lane

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    240.64
    Expense value
    325
    Expense
    Home Owner Assessments Fee

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    John Mazza

    Listing agent John Mazza

    Listing office Carolina Premier Properties Realty 114 Hwy 64 E, NC

    Listing date Jan 12, 2026

    MLS# 154418 Listing URL

    Copyright © 2026 Mountain Lakes Board 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

    Mountain Retreat Land Opportunity

    Discover a peaceful mountain retreat in Bear Cove, a gated community at the gateway to the Fires Creek wildlife area. This lot offers the opportunity to build in an unspoiled mountain corner. Nature lovers and outdoor enthusiasts will find hundreds of acres of mountain wilderness suitable for hiking and wildlife viewing. Lot 31 is located at the back of the development on a dead-end street, ensuring privacy. Clearing trees could reveal mountain views, which will be more prominent in winter. The community features underground utilities, wide paved roads, and a private community pavilion. It also provides direct access to Fires Creek, a mountain trout stream suitable for fishing and relaxation.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Hayesville
    County
    Clay
    State
    North Carolina
    Longitude
    -83.7266
    Latitude
    35.0643

    Nearby Similar for Sale

    • $540,000
      4,080 SF

      Hayesville Mixed-Use Investment Opportunity

      Two interconnected commercial buildings with residential and warehouse spaces.
      6 Sanderson Street, Hayesville, NC 28904
      View Details
    • $540,000
      5,880 SF

      Hayesville Mixed-Use Investment Opportunity

      Two interconnected commercial buildings with apartment and parking lot.
      6 Sanderson Street, Hayesville, NC 28904
      View Details
    • $825,000
      1,500 SF

      Mountain Resort Investment Opportunity

      Turnkey mountain resort with multiple income streams near Hayesville, NC.
      3452 Old Hwy 64 E, Hayesville, NC 28904
      View Details
    • $245,000

      Highway Frontage Vacant Lot

      2.67-acre lot with potential commercial and residential uses.
      Hwy 64, Hayesville, NC 28904
      View Details
    • $99,900

      Hayesville Golf Course Lot

      Golf course lot with mountain views in Mountain Harbour Community.
      Lot 116a Mountain Harbour Drive, Hayesville, NC 28904
      View Details
    • $1,799,000
      8,721 SF

      Lake Chatuge Unrestricted Income Property

      Income-producing 5.39-acre property overlooking Lake Chatuge with endless potential.
      40 Chatuge Lane, Hayesville, NC 28904
      View Details
    • $220,000

      Mountain RV Retreat Vacant Lot

      Vacant lot with permitted RV spots near Lake Chatuge.
      1017 Laurel Branch Road, Hayesville, NC 28904
      View Details
    • $300,000

      Wooded Creek Front Mountain Lot

      9.98-acre wooded lot with creek frontage in the North Carolina Mountains.
      Tract 1 Tusquittee Road, HAYESVILLE, NC 28904
      View Details
    • $529,900
      2,234 SF

      Hayesville Shop with Comfortable Living

      Workspace and living space on nearly 3 unrestricted acres.
      1654 Myers Chapel Road, HAYESVILLE, NC 28904
      View Details
    • $29,500

      Level Lot in Mountain Harbour

      Level building lot with community amenities near Lake Chatuge.
      Lot 71A Licklog Ridge, HAYESVILLE, NC 28904
      View Details
    • $29,900

      Hayesville, NC Vacant Land

      One acre lot with mountain views near Lake Chatuge.
      Lot 2a Wildwood, Hayesville, NC 28904
      View Details
    • $29,500

      Hayesville Vacant Lot in Community

      Level lot in Mountain Harbour community near golf and lake.
      Lot 71a Licklog Ridge, Hayesville, NC 28904
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Secluded lot in gated community with mountain views and creek access.
    Where is this residential land & home lot located?
    The property is located at LOT 31 Tower Falls Lane Hayesville, NC.
    What is the asking price?
    The asking price for this property is $49,900.
    What are key features of this property?
    This property features: Priced below tax value.; Direct access to Fires Creek, a pristine mountain trout stream.; Located in a gated community offering privacy and security.
    (804) 912-3919
    We can help!
    Listing Contact
    John Mazza
    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

    Thank You for Inquiry

    LOT 31 Tower Falls Lane, HAYESVILLE, NC 28904

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!