Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Residential Land in Old Timberline Title is generated by Realmo AI

    99 Fern Lane, Davis, WV 26260

    View on Map
    Claim this Listing
    New
    For Sale
    $135,000

    Residential Land - Davis, WV

    Lot size:
    2.51 Acres
    Added:
    May 18, 2026
    Days on Market:
    4
    Last Refresh:
    May 21 at 2:06 pm

    Property Features for 99 Fern Lane

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Single Family Residential
    Exterior features
    None
    Standard status
    Active
    Lot size
    2.51 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    1080

    Utilities

    Water front features
    Lake, River

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    CARY REED

    Listing agent CARY REED License #WV0004227

    Listing office CANAAN REALTY 25 Mirror Lake Drive, Davis, WV

    Listing date May 18, 2026

    MLS# 10164854 Listing URL

    Copyright © 2026 North Central West Virginia Real Estate Information Network. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Stunning winter views of ski slopes and dramatic seasonal color changes from a west‑facing building site.
    • Private access to Spruce Island Lake and Sand Run Lake for fishing, kayaking, and canoeing within the gated community.
    • Direct access to Dolly Sods Wilderness and Canaan Valley National Wildlife Refuge.
    • Located in Old Timberline, a sought‑after gated community with 24‑hour security and a 500‑acre common conservancy.
    • Underground utilities already in place on a gently sloped, easily buildable lot.
    • Close proximity to three ski resorts: Timberline Mountain, Canaan Valley Resort, and White Grass Touring Center.

    Overview

    This 2.51-acre residential land offers a rare opportunity to build a mountain home in the Old Timberline gated community in Canaan Valley. The gently sloped, private lot is located on Cabin Mountain and features a west-facing building site with winter views of ski slopes and seasonal color changes. Underground utilities are already in place. Old Timberline spans 2,677 acres and includes a 500-acre common conservancy with two large lakes. Residents have private access to Spruce Island Lake and Sand Run Lake for fishing, kayaking, and canoeing, as well as stocked ponds, trails, and scenic overlooks. The community is bordered by the Dolly Sods Wilderness and the Canaan Valley National Wildlife Refuge. Three ski resorts, Timberline Mountain, Canaan Valley Resort, and White Grass Touring Center, are located nearby. The community is gated with 24-hour security and 500 acres of conservancy land.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Bar & Pub Grocery & Convenience Store Restaurant Parking Lot & Garage Hotel & Motel Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Davis
    County
    Tucker
    State
    West Virginia
    Longitude
    -79.390612
    Latitude
    39.041388

    Nearby Similar for Sale

    • $74,900

      Davis, WV Residential Land

      Building lot in Pointy Knob development near Canaan Valley Resort.
      18 Pointy Knob Road, Davis, WV 26260
      View Details
    • $145,000

      Residential Land in Gated Community

      Wooded lot with utilities and community amenities in Davis, WV.
      Lot 147 Cabin Mountain Road, Davis, WV 26260
      View Details
    • $290,000
      1,000 SF

      Commercial Site in Davis, WV

      Commercial property with road frontage and on-site parking.
      774 WILLIAM AVE, Davis, WV 26260
      View Details
    • $129,000

      Unrestricted Lot with Panoramic Views

      Unrestricted 0.86-acre lot in Canaan Valley with panoramic views.
      26 Cortland Road, Davis, WV 26260
      View Details
    • $75,000

      Residential Land in Pointy Knob

      Two-acre residential land in Davis, WV with utilities available.
      Lot 2 Pointy Knob Road, Davis, WV 26260
      View Details
    • $80,000

      Land in Windwood Fly-In Resort

      Aviation-friendly mountain community with private runway and taxiway access.
      CESSNA LANE lot: 15, DAVIS, WV 26260
      View Details
    • $75,000

      Residential Land in Pointy Knob

      Two-acre residential land in Pointy Knob community, Davis, WV.
      Lot 3 Pointy Knob Road, Davis, WV 26260
      View Details
    • $69,500

      Residential Land in Tuscan Ridge

      Wooded homesite in Davis, WV, near outdoor recreation.
      Lot 80 Gondola Court, Davis, WV 26260-0000
      View Details
    • $44,000

      Residential Land in Tuscan Ridge

      Wooded lot near Davis and Thomas, close to Canaan Valley.
      Lot 193 Florence Court, Davis, WV 26260
      View Details
    • $44,000

      Residential Land in Tuscan Ridge

      Wooded lot near Davis and Thomas, close to Canaan Valley.
      Lot 194 Florence Court, Davis, WV 26260
      View Details
    • $79,900

      Enchanted Residential Land Near Davis

      Magical 1+ acre lot near Davis, WV with utilities.
      Lot 4 Medici Lane, Davis, WV 26260
      View Details
    • $44,000

      Residential Land in Tuscan Ridge

      Wooded lot near Davis and Thomas, close to Canaan Valley.
      Lot 195 Florence Court, Davis, WV 26260
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Build your dream mountain home in a gated community.
    Where is this residential land & home lot located?
    The property is located at 99 Fern Lane Davis, WV.
    What is the asking price?
    The asking price for this property is $135,000.
    What are key features of this property?
    This property features: Stunning winter views of ski slopes and dramatic seasonal color changes from a west‑facing building site.; Private access to Spruce Island Lake and Sand Run Lake for fishing, kayaking, and canoeing within the gated community.; Direct access to Dolly Sods Wilderness and Canaan Valley National Wildlife Refuge.
    (304) 642-7416
    We can help!
    Listing Contact
    CARY REED
    Real Estate License ID: WV0004227
    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
    99 Fern Lane, Davis, WV 26260
    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!