308 Flat Mountain Road
About This Property
From peaceful mornings as the mountains slowly emerge through the mist to colorful evenings when the sun settles behind the distant ridgelines, the scenery is truly unforgettable. Multiple levels of wraparound porches provide an abundance of outdoor living space, allowing you to enjoy the fresh mountain air and sweeping views from nearly every level of the home. For an even more impressive vantage point, the rooftop observation deck creates a truly special place to relax, entertain, watch the sunset, or take in the seemingly endless layers of mountains.
Every season brings a new backdrop, from the fresh greens of spring and summer to the brilliant colors of fall and the peaceful beauty of winter. It is the kind of setting that invites you to slow down, breathe deeply, and appreciate exactly where you are.
Inside, the spacious layout offers plenty of room for comfortable everyday living, entertaining guests, or gathering with family and friends. The fully renovated lower level features new flooring, creating fresh, versatile additional living space ideal for guests, recreation, entertaining, or simply spreading out. Adding even more value and peace of mind, the roof was replaced in 2024.
And while the setting feels wonderfully removed from the everyday, you do not have to sacrifice modern convenience. High speed fiber optic internet makes working remotely, streaming, and staying connected easy, while a 220V EV charger outlet provides convenient at home charging capability for an electric vehicle.
Whether enjoying your morning coffee on the porch, unwinding on the rooftop observation deck, or hosting a memorable mountain weekend, the views remain the undeniable centerpiece of the experience.
Surrounded by mature trees and natural beauty within the Flat Mountain community, the property offers a wonderful sense of privacy and peaceful seclusion while remaining within reach of Lenoir, Blowing Rock, and everything the High Country has to offer. Whether you are searching for a full time residence, a weekend escape, or a special place where generations can gather, 308 Flat Mountain Road offers the space, thoughtful updates, modern connectivity, incredible outdoor living, and extraordinary long range views that make mountain living truly unforgettable.
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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 |
|---|---|---|---|
| Sep 22, 2026 | Listed by Keller Williams Lake Norman | $974,900 | |
| Listed by Keller Williams Lake Norman | |||
| Nov 12, 2023 | No longer available | - | |
| No longer available | |||
| Nov 9, 2023 | Sold | ||
| Sold | |||
| Oct 17, 2023 | In contract | - | |
| In contract | |||
| Oct 5, 2023 | Listed by Clickit Realty | $724,999 | |
| Listed by Clickit Realty | |||
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Long range views and a rooftop deck to see it all! Ideal home for full time living, as a vacation home or as an airbnb. Home is sold fully furnished. Each floor has its own deck for a different view of the surrounding mountain ranges. Rooms are spacious and bathrooms are aesthetic and functional. The kitchen is open to the living-room and has walkout doors to one of the many decks. The lower level has a game room and a bedroom with direct bathroom access. The main floor has an en-suite bathroom that also serves as a guest bath. The third floor has a master suite with en-suite bathroom and walkout balcony, an additional sunroom or study. The walkout rooftop deck is ideal for entertaining or just taking in all the views! The manager has listed the unit size as 3348 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017