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

    Butternut Ridge lot 1 Bryson City, NC 28713

    View on Map
    Claim this Listing
    For Sale
    $118,700

    LAND - Bryson City, NC

    Lot size:
    8.36 Acres
    Added:
    Apr 3, 2026
    Days on Market:
    12
    Last Refresh:
    Apr 14 at 6:06 pm

    Property Features for Butternut Ridge lot 1

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    665400711473
    Lot size
    8.36 Acres

    Taxes and HOA fees

    Tax Annual Amount
    336

    We can help!

    Listing Contact
    Braden Bowers

    Listing agent Braden Bowers License #292677

    Listing office Evergreen Mountain Realty Group 160 Mickey Lane, Bryson City, NC

    Listing date Apr 3, 2026

    MLS# 26041398 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

    Land with Mountain Views

    This 8.363-acre lot offers both short and long-range views. A large house pad is present, with potential for expansion to accommodate multiple home sites, providing peace and privacy. The property is accessible via a gated road. Its location offers proximity to Bryson City attractions, including the Nantahala Gorge, Fontana Lake, Great Smoky Mountains National Park, Great Smokies Railway, and the Cherokee Casino. The property is located in Bryson City, North Carolina.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Bryson City
    County
    Swain
    State
    North Carolina
    Longitude
    -83.511603
    Latitude
    35.426962

    Nearby Similar for Sale

    • $325,000

      Unrestricted Land Near National Park

      4.4 acres near Great Smoky Mountains National Park entrance.
      555 W Deep Creek, Bryson City, NC 28713
      View Details
    • $150,000
      3,000 SF

      Versatile Commercial Property with River Frontage

      High-traffic location with income potential and river frontage.
      1325 Main Street, Bryson City, NC 28713
      View Details
    • $285,000

      Prime Commercial Land Opportunity

      1.67-acre commercial land with high visibility and traffic.
      Hwy 19 W, Bryson City, NC 28713
      View Details
    • $285,000

      Prime Commercial Land Opportunity

      1.67-acre commercial land with high visibility and traffic.
      Hwy 19 W lot: Tract1, Bryson City, NC 28713
      View Details
    • $320,000

      Lakefront Land in Bryson City

      Expansive lakefront lot with community amenities and natural beauty.
      Lt 108-3 Rocky Bluff Drive lot: 108-3, Bryson City, NC 28713
      View Details
    • $550,000

      Fontana Lake Estates Waterfront Lot

      Majestic 1.69-acre waterfront lot with potential sunrise and sunset views.
      Fontana Circle lot: 28-1, Bryson City, NC 28713
      View Details
    • $349,900

      Fontana Lake Waterfront Land

      Pristine lakefront property with sunset views in gated community.
      Lakeview Trail lot: 8-3, Bryson City, NC 28713
      View Details
    • $320,000

      Mountain View Land in Bryson

      Exceptional lot with mountain views near downtown Bryson City.
      199 High Mountain View lot: 30, Bryson City, NC 28713
      View Details
    • $750,000

      Nantahala Gorge Acreage For Sale

      Versatile acreage in Nantahala Gorge, suited for commercial/recreational use.
      10811 Hwy 19w, Bryson City, NC 28713
      View Details
    • $1,600,000

      Bryson City Investment Opportunity

      Three furnished vacation rentals with lake and mountain views.
      1628 Round Hill Road, Bryson City, NC 28713
      View Details
    • $59,000

      Unrestricted Lot in Deep Creek

      Ready to build lot near Great Smoky Mountain National Park.
      53 Dakota Way, Bryson City, NC 28713
      View Details
    • $9,500

      Wooded Lot in Bear Cove

      0.63-acre wooded lot for a mountain retreat.
      BEAR COVE Circle, BRYSON CITY, NC 28713
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 8+ acre lot near Bryson City attractions.
    Where is this residential land & home lot located?
    The property is located at Butternut Ridge lot 1 Bryson City, NC.
    What is the asking price?
    The asking price for this property is $118,700.
    What are key features of this property?
    This property features: Large house pad suitable for expansion or multiple home sites.; Enjoy short and long‑range mountain views.; Option to purchase adjacent lot 9 for over 8 acres of land.
    (828) 736-6960
    We can help!
    Listing Contact
    Braden Bowers
    Real Estate License ID: 292677
    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!