Sold
Last Sold Price
93,654 Lot Size2.15 Acres
11 Lake Rd, Unit 11C, Old Fort, NC 28762
LandProperty Type
2.15 acresLot Size
$1,124/yrHOA Fees

Description

Do not miss your chance to buy a lot in the gorgeous gated Gateway Mountain Community for $19,000.00 even though it is tax appraised at $80,000.00 There are over 80 families that love calling Gateway home because they love nature, community spirit and being close to Black Mountain, Asheville, Lake Lure and the Blue Ridge Parkway. Buy now at lowest prices ever and build when you want. Build a modest second home-1,275 square feet minimum. Go to www.gmpoa.org and learn about all the measures to keep...Do not miss your chance to buy a lot in the gorgeous gated Gateway Mountain Community for $19,000.00 even though it is tax appraised at $80,000.00 There are over 80 families that love calling Gateway home because they love nature, community spirit and being close to Black Mountain, Asheville, Lake Lure and the Blue Ridge Parkway. Buy now at lowest prices ever and build when you want. Build a modest second home-1,275 square feet minimum. Go to www.gmpoa.org and learn about all the measures to keep Gateway Mountain a fine place to live. Build a second home now and defer some costs by putting it in a successful rental program when you are not using it. We have our own community Lake George for many water sports including swimming, fishing and kayaking, We also have a gorgeous hiking trail from the lake to our private community Standing Rock Waterfall Park.
  • Listed by: • Mike Cowal, Broker mikecowal49@yahoo.com
Listing closed: 02/15/2021 12:00 AM • Source: CANOPY, MLS#: 3697090

Recent comparable sales

Median sold price

$65,000

Avg days on market

173

Sale-to-list ratio

82.9%

Old Fort, NC

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Location

Listing Courtesy of Mike Cowal, Broker

Sold By Premier Sothebys International Realty

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$158 per month

30 year fixed, 6.71% Interest

Principal and Interest

$65

Property Taxes

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HOA Dues

$94

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Property Information for 11 Lake Road, Unit 11C

Property Details
  • MLS Type: Land / Lot
  • Waterfront Features: Covered structure, Dock, Lake, Paddlesport Launch Site - Community
  • Community Features: Gated, Lake Access, Picnic Area, Recreation Area, Walking Trails
  • Subdivision Name: Gateway Mountain
Building Information
  • Lot Size: 2.15 AC
Summary
Location and General Information
  • Longitude: -82.164407
  • Zoning: OU
  • Latitude: 35.54185
  • Directions: From I-40 take the Old Fort exit # 73 and go south on Bat Cave Road for 7 miles to the main gate. No drivebys. No customers without their real estate agent.
Taxes and HOA Information
  • HOA YN: Yes
  • HOA Name: Darlene Nolen
  • HOA Email: gatewaypoa@yahoo.com
  • HOA Phone: 828-668-7878
  • HOA Subject To: Required
  • HOA Subject To Dues: Mandatory
  • Tax Assessed Value: $80,000.00
  • Parcel Number: 065600877088
  • City Taxes Paid To: No City Taxes Paid
School Information
  • Middle Or Junior School: Unspecified
  • High School: Unspecified
  • Elementary School: Unspecified
Property
Lot Information
  • Elevation: 1000
  • Sq Ft Building Minimum: 1275
  • Lot Size Acres: 2.15
  • Lot Size Units: Acres
  • Possible Use: Private Estate, Residential
  • Property Type: Land
Property and Assessments
  • Photos Count: 9
  • Road Responsibility: Private Maintained Road
  • Construction Type: Site Built
  • Plat Book Slide: 11/41
  • Proposed Special Assessment: No
  • Restrictions: Architectural Review, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
Green Features
  • Green Verification Count: 1
Utilities
  • Sewer: Septic Needed
  • Utilities: Electricity Connected, Phone Connected
  • Water Source: Well Needed
Interior and Exterior Features
Exterior Features
  • Road Surface Type: Gravel, Paved
  • Other Structures: None
Interior Features
  • Habitable Residence YN: No
  • Foundation Details: Crawl Space, Other - See Remarks
  • Basement YN: Yes
  • Basement Features: Exterior Entry
Room Information
Room Information
  • Room Count: 0.0
Rental
Rent Information
  • Security Features: Security Service
  • Lease Considered YN: No

Property History for 11 Lake Road, Unit 11C

DateEvent & SourcePriceAppreciation
Feb 15, 2021

Closed

CANOPY #3697090

$12,500
Jan 31, 2021

Under Contract-No Show

CANOPY #3697090

Jan 10, 2021

Listed (Active)

CANOPY #3697090

$19,000
DateEvent & SourcePrice
02/15/2021

Closed

CANOPY #3697090

$12,500
01/31/2021

Under Contract-No Show

CANOPY #3697090

01/10/2021

Listed (Active)

CANOPY #3697090

$19,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 11 Lake Road, Unit 11C

This home is within Mcdowell County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Old Fort Elementary School
PublicPK to 5

West McDowell Junior High School
Public6 to 8

McDowell High School
Public9 to 12

Foothills Community School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 11 Lake Road, Unit 11C, Old Fort, NC 28762
$12,500
93,654
$10,500
65,340
$500,000
3
2,890
245,242
$500,000
4
4
2,336
245,243
$15,000
117,176
$3,000
117,176

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Mike Cowal, Broker

Based on information submitted to the MLS GRID as of 12/12/2023 07:52 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.