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    OFF-MARKET
    Land

    137 Indrio Rd, Blowing Rock, NC 28605

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    Property summary
    AI-generated overview

    This exceptional 1.35-acre lot, identified as Lot 137 on E Indrio Road in the desirable Blowing Rock, North Carolina, presents a unique opportunity for discerning buyers. Located in the gated Timber Creek community, this property boasts a tranquil, private setting nestled amongst mature trees, offering stunning mountain views. The lot is conveniently situated just off Highway 321, providing easy access to both Boone and Blowing Rock, and is a short distance from the Blue Ridge Parkway. Timber Creek is known for its low density, upscale homes, and meticulously maintained grounds, ensuring a peaceful and exclusive living environment. Lot 137 is easily accessible year-round via paved roads. Underground utilities are already in place, simplifying the building process. The permitted zoning allows for residential development under the community's deed restrictions and subdivision regulations. With its combination of privacy, convenience, and breathtaking scenery, this lot is ideal for constructing a mountain retreat or a permanent residence. The asking price for this remarkable property is $139,000. The zip code is 28605.

    Property profile
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    Property type Land
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Permitted uses
    Allowed · conditional · prohibited
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