2435 Deep Gap Farm Road E
About This Property
This home is set within the private gates of Brights Creek, this thoughtfully reimagined mountain retreat blends timeless architecture with modern comfort, all surrounded by the natural beauty of Western North Carolina. Designed to take full advantage of its setting, the home captures sweeping long-range views that stretch endlessly across the mountains, offering a sense of privacy and calm that's increasingly rare.
The main level lives effortlessly, anchored by a dramatic great room with soaring ceilings and a striking stone fireplace that invites gathering and relaxation. Natural light pours through expansive windows, drawing your eye outward to the layered mountain vistas beyond. The kitchen is both refined and functional, designed for everyday ease as well as entertaining, while the dining space flows seamlessly for intimate dinners or larger gatherings. Just beyond, a screened porch becomes a true extension of the home-perfect for morning coffee, evening conversations, and soaking in uninterrupted views year-round.
The primary suite on the main level offers a quiet retreat, thoughtfully positioned for comfort and privacy. Downstairs, the re-envisioned lower level creates a welcoming space for guests or extended living, with well-appointed suites, generous storage, and its own private access-ideal for flexibility without compromising connection to the main home.
Outside, the property continues to impress. A gentle creek adds a soothing natural element, while the additional buildable lot opens the door for future expansion, a guest home, or simply preserving even more privacy around you. The setting strikes a balance between curated landscape and untouched surroundings, enhancing the sense of a true mountain sanctuary.
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Cap Rate Calculator
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 21, 2026 | Sold | ||
| Sold | |||
| Jun 11, 2026 | In contract | - | |
| In contract | |||
| May 6, 2026 | Price Decreased |
$1,495,000
↓ $100K
(6.3%) | |
| Price Decreased | |||
| Jan 3, 2026 | Price Decreased |
$1,595,000
↓ $80K
(4.8%) | |
| Price Decreased | |||
| Sep 16, 2025 | Listed by Howard Hanna Beverly-Hanks | $1,675,000 | |
| Listed by Howard Hanna Beverly-Hanks | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017