147 Double Eagle Drive #23
About This Property
The crown jewel of this parcel is its direct access to Shoal Creek, providing a picturesque backdrop for your future home and endless opportunities for creekside relaxation. For those dreaming of a small hobby farm or equestrian lifestyle, the property allows one horse, cattle, sheep, or goats per fenced acre, making it perfect for blending mountain living with agricultural pursuits.
Residents of Hidden Lake enjoy exclusive access to a stunning private lake, perfect for fishing, kayaking, and peaceful waterside moments. The community pool and hot tub serve as a gathering place for neighbors, while maintained common areas and walking trails add a welcoming atmosphere create a true sense of belonging in the mountains.
While you'll feel a world away from the hustle and bustle, convenience is never far. Asheville, the cultural hub of Western North Carolina, lies approximately 45 minutes west, offering renowned restaurants, the Biltmore Estate, and a thriving arts community. Charlotte's urban amenities, including professional sports venues, shopping districts, and CLT International Airport, are roughly 90 minutes to the east.
Adventure awaits in every direction. Lake James State Park offers boating, swimming, and fishing just minutes away. Explore hundreds of miles of hiking trails in Pisgah National Forest, or take a scenic drive along the Blue Ridge Parkway. Linville Caverns, Chimney Rock State Park, and South Mountains State Park provide additional outdoor recreation options. The nearby towns of Marion and Morganton offer local dining, shopping, and services for everyday needs.
Whether you're envisioning a custom mountain home with creek views, a small homestead with livestock grazing in fenced pastures, or a peaceful weekend retreat, this Hidden Lake property delivers the space and natural beauty to make it happen.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 31, 2026 | Price Decreased |
$31,500
↓ $4K
(10%) | |
| Price Decreased | |||
| Jan 23, 2026 | Listed by EXP Realty LLC Ballantyne | $35,000 | |
| Listed by EXP Realty LLC Ballantyne | |||
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| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
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Building Info
- 1 Unit for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017