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    116 Owls Ridge Dr Bostic, NC 28018

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    For Sale
    $48,900

    4.06 acre lot in gated community near Lake Lure.

    Lot size:
    4.06 Acres

    Property Features for 116 Owls Ridge Dr

    General Information

    Lot size
    4.06 Acres
    Source: Kw

    Listing Agent: Nick Huscroft

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Partially Wooded Mountain View Lot

    Lot 116 offers 4.06 partially wooded acres in the gated South Mountain Peaks Subdivision in Bostic, North Carolina. The property is suitable for a private mountain retreat or future dream home. It features long-range views and quiet surroundings, with proximity to hiking, state parks, and Lake Lure. Located just over an hour from Asheville and Charlotte, the property provides access to city life while maintaining a serene environment in the Blue Ridge foothills. Owner financing is available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Hotel & Motel Storage Facility Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Bostic
    County
    Rutherford
    State
    North Carolina
    Longitude
    -81.781129
    Latitude
    35.493641

    FAQs

    What type of property is this?
    Land - 4.06 acre lot in gated community near Lake Lure.
    Where is this land located?
    The property is located at 116 Owls Ridge Dr Bostic, NC.
    What is the asking price?
    The asking price for this property is $48,900.
    What are key features of this property?
    This property features: - Owner financing available; - Priced below market value; - 4.06 partially wooded acres in a gated community
    (330) 249-3499
    Request Owner's contact information
    116 Owls Ridge Dr Bostic, NC 28018
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    116 Owls Ridge Dr
    Bostic, NC 28018
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    Realmo Value Estimation

    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.

    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.

    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
    116 Owls Ridge Dr Bostic, NC 28018
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