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    137 Red Maple Ln, Unit Burnsville Burnsville, NC 28714

    For Sale
    $1,699,000

    31-acre development property near downtown Burnsville with multiple possibilities.

    Property size:
    31 SF

    Property Features for 137 Red Maple Ln

    General Information

    Size
    31 SF

    Source: Pat Snyder Agent Pat Snyder

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

    Overview

    Development Opportunity Near Downtown Burnsville

    This 31-acre property, formerly the Woodland Hills Subdivision, presents a development opportunity. It has been re-imagined for a tiny home community, log cabin community, or subdivision. A new spring house and system are in place to serve several homes. There are 11 permitted septic tanks on the property. Roads are established, and the property is ready for development. Two new tiny homes have been constructed and are ready to be rented. The original homeplace has been remodeled into two 2-bedroom apartments. Located within minutes of downtown Burnsville, hiking trails, Mount Mitchell State Park, and the Appalachian Trail, the property is also situated in a federal opportunity zone.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Building Supply Auto Repair Shop Nail Salon Auto Parts Store Hotel & Motel Department Store Kitchen & Bath Discount Store Furniture Store Smoke and Vape Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Burnsville
    County
    Yancey
    State
    North Carolina
    Longitude
    -82.343926
    Latitude
    35.903712

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    FAQs

    What type of property is this?
    Residential land & home lot - 31-acre development property near downtown Burnsville with multiple possibilities.
    Where is this residential land & home lot located?
    The property is located at 137 Red Maple Ln, Unit Burnsville Burnsville, NC.
    What is the asking price?
    The asking price for this property is $1,699,000.
    What are key features of this property?
    This property features: - Development-ready: Roads are in place, and **11 permitted septic tanks are already installed.**; - New spring water system: A new spring house and system is built to serve multiple homes.; - Income potential: **Two new tiny homes are constructed and ready to rent**, plus a remodeled homeplace with two 2BR apartments.
    (828) 761-0841
    Request Owner's contact information
    137 Red Maple Ln, Unit Burnsville Burnsville, NC 28714
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    Burnsville, NC 28714
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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
    137 Red Maple Ln, Unit Burnsville Burnsville, NC 28714
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