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    5 Elk Ridge Rd Ferguson, NC 28624

    For Sale
    $89,500

    Residential lot near Leatherwood Mountains' amenities and equestrian facilities.

    Property Features for 5 Elk Ridge Rd

    General Information

    Standard status
    Active

    Source: LEATHERWOOD MOUNTAINS HOMES & SALES, LLC. Agent TREVOR WHITSON

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

    Overview

    Residential Lot Near Leatherwood Amenities

    This residential lot offers an opportunity for building a mountain home near the amenities of Leatherwood Mountains. Located just inside the gate, Meadow lot number 5 overlooks the resurfaced tennis and pickleball courts. The community pool and pavilion are within walking distance. Retail businesses at the development's entrance include equestrian facilities with a covered riding pavilion, performance arena, round training pen, and outdoor riding ring. A seasonal restaurant, campground, trout fishing waters, zipline course, and guided trail riding program are also available. The property is near the entrance to the community and overlooks the tennis courts. Leatherwood's trail system spans over 50 miles across 5000 acres, with recorded easements ensuring continued access for property owners. This lot is suitable for a vacation home or full-time residence, with the meadow area offering a central location, especially for full-time residents.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Law Firm Bar & Pub Bed & Breakfast Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Ferguson
    County
    Wilkes
    State
    North Carolina
    Longitude
    -81.472844
    Latitude
    36.123144

    FAQs

    What type of property is this?
    Residential land & home lot - Residential lot near Leatherwood Mountains' amenities and equestrian facilities.
    Where is this residential land & home lot located?
    The property is located at 5 Elk Ridge Rd Ferguson, NC.
    What is the asking price?
    The asking price for this property is $89,500.
    What are key features of this property?
    This property features: - Prime location near Leatherwood Mountains entrance and community amenities.; - Easy walk to the community pool, pavilion, tennis, and pickleball courts.; - Access to extensive equestrian facilities including a riding pavilion, arena, training pen, and riding ring.
    Request Owner's contact information
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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
    5 Elk Ridge Rd Ferguson, NC 28624
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