Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Buildable Lot in Dream Valley Title is generated by Realmo AI

    24 Dream Valley Drive #24, Clyde, NC 28721

    View on Map
    Claim this Listing
    For Sale
    $219,000

    Corner lot with driveway in gated community near Waynesville.

    Type:Land or Vacant Lot
    Added:
    Apr 10, 2026
    Days on Market:
    55
    Last Refresh:
    Apr 10 at 8:32 pm

    Property Features for 24 Dream Valley Drive #24

    General Information

    Standard status
    Active
    Property subtype
    Land or Vacant Lot

    We can help!

    Listing Contact
    SPENCER POLING

    Listing agent SPENCER POLING

    Listing office HOWARD HANNA BEVERLY-HANKS WAYNESVILLE

    Listing date Apr 10, 2026

    Source Corcoran

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

    All listing content including descriptions, pricing, images are the copyrighted material of HOWARD HANNA BEVERLY-HANKS WAYNESVILLE

    HighLights

    • Extremely buildable corner lot with driveway already cut in.
    • Potential for year‑round long‑range views with minimal clearing.
    • Gated community with buried power lines and Spectrum fiber optic internet available.
    • Enjoy a scenic walking trail to a cascading waterfall flowing into the Pigeon River.
    • Conveniently located minutes from Waynesville and a short drive to Asheville.
    • Easy access to Great Smoky Mountains National Park.

    Overview

    This buildable corner lot is located in the Dream Valley community, in the Panther Creek area of Haywood County. A driveway is already cut in. The property has potential for year-round long-range views with minimal clearing. The gated community features buried power lines and available Spectrum fiber optic internet. Residents have access to a walking trail leading to a cascading waterfall that flows into the Pigeon River. The property is situated minutes from Waynesville and a short drive to Asheville, with easy access to Great Smoky Mountains National Park.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Pet Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Clyde
    County
    Haywood
    State
    North Carolina
    Longitude
    -82.98132
    Latitude
    35.646707

    Nearby Similar for Sale

    • $549,000

      Clyde Investment Opportunity

      Multiple parcels with income potential near downtown Clyde.
      90, 60 & 132 Hennessee Street, Clyde, NC 28721
      View Details
    • $375,000
      3,200 SF

      Historic Clyde Commercial Property

      Versatile 3,000+ SF building in Clyde with high visibility.
      8275 Carolina Boulevard, Clyde, NC 28721
      View Details
    • $265,000

      Mountain Retreat with Income Potential

      Three-level cottage in Mount Soma community with rental income potential.
      12 Lila Lane, Clyde, NC 28721
      View Details
    • $900,000

      Clyde, NC Land Opportunity

      76.5 acres suitable for estate or recreational use.
      270 Anielee Lane, Clyde, NC 28721
      View Details
    • $249,000
      9,000 SF

      Versatile Clyde Commercial Opportunity

      Two-story building with over 9,000 SF for redevelopment.
      3264 Broad Street, Clyde, NC 28721
      View Details
    • $750,000

      Clyde, NC Riverfront Acreage

      18.15 acres with 1,000+ feet of Pigeon River frontage.
      347 Richland Creek Road, Clyde, NC 28721
      View Details
    • $225,000

      Versatile Condo in Mount Soma

      Three-level condo ideal for living, retreat, or investment.
      14 Lila Lane, Clyde, NC 28721
      View Details
    • $165,000

      Clyde, NC Land with Views

      15 acres with long-range mountain views, build your dream retreat.
      1050 Turkey Trot Rd, Clyde, NC 28721
      View Details
    • $165,000

      Breathtaking Mountain View Acreage

      15 acres with long-range mountain views near Clyde, NC.
      1050 Turkey Trot Road, Clyde, NC 28721
      View Details
    • $294,000

      Unrestricted Land with Mountain Views

      28.11 acres with mountain views, pasture, springs, and utilities.
      108 Lanning Road, Clyde, NC 28721
      View Details
    • $289,000
      500 SF

      Clyde Commercial Property For Sale

      Prime commercial property in Clyde with high visibility and versatile space.
      8305 Carolina Boulevard, Clyde, NC 28721
      View Details
    • $249,000
      9,000 SF

      Clyde Commercial Opportunity For Sale

      Two-story building with versatile space in Clyde, North Carolina.
      3264 Broad Street, Clyde, NC 28721
      View Details

    FAQs

    What type of property is this?
    Land - Corner lot with driveway in gated community near Waynesville.
    Where is this land located?
    The property is located at 24 Dream Valley Drive #24 Clyde, NC.
    What is the asking price?
    The asking price for this property is $219,000.
    What are key features of this property?
    This property features: Extremely buildable corner lot with driveway already cut in.; Potential for year‑round long‑range views with minimal clearing.; Gated community with buried power lines and Spectrum fiber optic internet available.
    (828) 452-5809
    We can help!
    Listing Contact
    SPENCER POLING
    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
    24 Dream Valley Drive #24, Clyde, NC 28721
    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!