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Jackson 28723
312 Pressley Creek Road
$137,500
● House - Off Market

312 Pressley Creek Road

Cullowhee, NC 28723
bedrooms
2 Beds
bathrooms
1 Bath
square feet
737 Ft²
$737
Est. Monthly

About This Property

Looking for a blank canvas to create your own piece of paradise? This 5+ acre unrestricted property offers endless possibilities. Restore the existing cottage for a cozy getaway, or tear it down and build the home you've always imagined, whether that's a custom mountain retreat, barndominium, RV pad, or even a mini-homestead. With a septic tank and well in place, you're already a step ahead! The location is peaceful, private, and just minutes to Western Carolina University, shopping, and outdoor adventures. Your dream property is waiting for you to bring your vision and make it happen!
Unit Size
737 Ft²
Days on Market
-
Land Size
5.05 acres
Price per sqft
$204
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1940

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 2 years ago (CANOPYMLS #CAR4298720)

Price History

Date / Event Date Event Price
Oct 1, 2025 Sold
Premium
Sold
Sep 12, 2025 In contract -
In contract
Sep 5, 2025 Listed by Keller Williams Great Smokies $150,000
Listed by Keller Williams Great Smokies

Property Highlights

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1965
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 1
  • Interior Walls Type: 20
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 144
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 996
  • Building Area: 996
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 996
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: R01
  • Legal Description 1: PRESSLEY CREEK RD

Neighborhood

  • School District Name: Jackson County Schools
  • Census Tract: 950600

Geography

  • Assessors Map Reference: MAP 7548.04
  • Parcel: 7548-73-5079
  • Municipality: CULLOWHEE
  • Latitude: 35.2795
  • Longitude: -83.1973

    Address

  • Full Address: 312 Pressley Creek Rd
  • Address - House Number: 312
  • Address - Street Name: Pressley Creek
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Cullowhee
  • Carrier Code: H068
  • 4-Digit Zip Code: 9542
  • Zip Code: 28723

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $29,682

    Appraisal Valuation

  • Standard Deviation: 0.2379
  • Valuation Date: Jan 18, 2023
  • Confidence Score: 66
  • Final Value: 122,551
  • High Value: 151,707
  • Low Value: 93,395

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $78,110
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $38,110
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Jackson

Stats & Trends

Median Asking:

$400,000

Sale Price/ft²

$256

Below Asking

0.04%

Average Days on Market

98

Average Home Size

2118 ft²

Average Home Age

29.8 years

Currently For Sale

127 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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CANOPYMLS

Listed by: Melissa Rogers, Keller Williams Great Smokies
Last Updated: 2 years ago
Data Source: CANOPYMLS, MLS# CAR4298720
Details provided by CANOPYMLS as Distributed by MLS Grid and may not match the public record.
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.

Frequently Asked Questions

When was property at 312 Pressley Creek Road built and last sold?
The property at 312 Pressley Creek Road was built in 1940 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 312 Pressley Creek Road is $0.
What are some comparable homes to 312 Pressley Creek Road?
There are currently no comparable homes to 312 Pressley Creek Road.
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