42
Map
$995,000
●
House -
Off Market
361 Osprey Place
West Jefferson, NC 28694
4 Beds
4 Baths,
2
Half Baths
5,850 Ft²
$4,919
Est. Monthly
$33
HOA / Fees
About This Property
Tucked along the scenic New River, this expansive 5,850 sq ft home
sits on 6.042 acres including river frontage, offering a unique
combination of space, flexibility, along with beautiful landscape
and views. Built in 2000 with ICF (insulated concrete form)
construction, the home is designed for durability and energy
efficiency. Featuring 4 bedrooms-3 with en-suite bathrooms-for a
total of 4 full baths and 2 half baths in the home. Each of the
three levels includes its own flex space. Both the main and lower
levels feature open-concept designs, with full kitchens,
living/dining space, creating excellent potential for extended
living or guest accommodations. Step outside to take in both river
and mountain views from multiple decks or from various areas across
the property. Remaining furniture conveys with the home. Some deed
restrictions will apply upon sale, and there are voluntary dues for
Rustic Road Bridge maintenance.
Unit Size
5,850 Ft²
Days on Market
-
Land Size
6.04 acres
Price per sqft
$170
Property Type
House
Property Taxes
-
HOA Dues
$33
Year Built
-
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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: 9 days ago (CANOPYMLS #CAR4374542)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 16, 2026 | No longer available | - | |
| No longer available | |||
| Jun 30, 2026 | Price Decreased |
$995,000
↓ $255K
(20.4%) | |
| Price Decreased | |||
| Apr 26, 2026 | Listed by Realty One Group Results | $1,250,000 | |
| Listed by Realty One Group Results | |||
| Dec 3, 2025 | No longer available | - | |
| No longer available | |||
| Mar 27, 2025 | Listed by Gatewood Group Real Estate | $1,499,900 | |
| Listed by Gatewood Group Real Estate | |||
| | |||
|
Come experience waterfront living in the Blue Ridge Mountains. Create long lasting memories in this riverfront home set amidst 6 acres in Ashe County, NC. Enjoy fishing, kayaking & relaxing along the New River. The home features 3 levels with 2 kitchens, 3 car garage & numerous porches & patios. This home offers multiple flex spaces needed for large families or multi-generational living.The primary suite & laundry are on the 1st floor. Open concept design offers a great room with a gas fireplace & 2 story vaulted ceilings, and an oversized kitchen, 3 dining areas w/ample room to entertain large gatherings. Upstairs offers 2nd bedroom suite, oversized 3rd bedroom, another full bath & 2 loft areas. Walkout lower level could be a basement apartment. Ideal for an in law suite, it features a living room, office area, fireplace, 2nd kitchen, dining area, 3rd bedroom suite, and a half bath. Just a 15 minute drive to downtown West Jefferson or 30 minutes to Boone.
| |||
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Property Highlights
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Fireplace
With View
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About Riverview Heights
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Listed by: Beckie Savage, Realty One Group Results
Last Updated: 9 days ago
Data Source: CANOPYMLS, MLS# CAR4374542
Last Updated: 9 days ago
Data Source: CANOPYMLS, MLS# CAR4374542
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.
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.
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