Property profile

5360 Dogwood Way 839 Lenoir, NC 28645

OFF-MARKET
Residential land & home lots
Property ID
US53-Q017150
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Property summary

AI-generated overview

Discover spacious mountain living on this 13.73-acre mostly wooded homesite in the gorgeous gated community of The Coves Mountain River Club. This rare, large parcel delivers excellent privacy with room to roam, including a small cleared pasture area ideal for gardening, horses, or open space amid mature forest. A practical, accessible building site reached via an established logging road makes it highly buildable while preserving seclusion. Conveniently situated near the mountaintop Pisgah Mountain Lodge clubhouse, the lot offers peaceful privacy with subtle close-range mountain views that enhance the natural setting. Spanning over 3,200 acres in the Blue Ridge Mountains, The Coves provides an unmatched lifestyle. The 6,000-square-foot Pisgah Mountain Lodge features an expansive veranda, saline swimming pool, hot tub, a fitness center with locker rooms, a great room with vaulted ceilings and a three-sided fireplace, full kitchen, pool table loft, game room, and lending library. Weekly social events foster a strong sense of community. Residents enjoy miles of trails for hiking, biking, horseback riding, and UTV adventures, plus two equestrian centers, including Round Mountain Ranch. The community offers over five miles of Johns River frontage with kayak access, fishing spots, and picnic pavilions, along with community gardens, a vineyard, dog park, pickleball courts, cascading waterfalls, and more than 30 resident clubs with planned activities. This substantial, private lot near the clubhouse presents a rare opportunity to build your custom mountain retreat in one of North Carolina’s most desirable gated communities. Just minutes from Lenoir, Blowing Rock, Morganton, and the Blue Ridge Parkway — and about 1.5 hours from Charlotte or Asheville.

Property profile

Verified
Property type Residential land & home lots
UPID US53-Q017150

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5360 Dogwood Way, Unit 839 Lenoir, NC 28645
Lenoir metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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