12
Map
$150,000
●
Land -
For Sale
Lot 4-R Middlemount Road
Pisgah Forest, NC 28768
Studio
0 Bath
$750
Est. Monthly
$13
HOA / Fees
About This Property
Panoramic long range views of the Blue Ridge Mountains and French
Broad River Valley. This lot has an easy roughed in driveway to a
great building site. The location is also superb achieving year
round views without having to drive to the top of a mountain.
Providing easy and convenient access to downtown Brevard, Pisgah
National Forest, Dupont State Forest, and Asheville Regional
Airport. You'll be close to all the amenities both recreationally
and culturally that you've been seeking. It will be hard to find
any view lot in this price range let alone in a great location,
sweeping views, and great building site. Don't let this opportunity
get away. Schedule your showing today!
Unit Size
-
Days on Market
-
Land Size
0.81 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
$13
Year Built
-
Listed By
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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: 8 months ago (CANOPYMLS #CAR4350368)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 10, 2026 | Listed by Looking Glass Realty | $150,000 | |
| Listed by Looking Glass Realty | |||
| Jan 17, 2026 | No longer available | - | |
| No longer available | |||
| Jan 26, 2025 | Listed by Looking Glass Realty | $150,000 | |
| Listed by Looking Glass Realty | |||
| | |||
|
Panoramic long range views of the Blue Ridge Mountains and French Broad River Valley. This lot has an easy roughed in driveway to a great building site. The location is also superb achieving year round views without having to drive to the top of a mountain. Providing easy and convenient access to downtown Brevard, Pisgah National Forest, Dupont State Forest, and Asheville Regional Airport. You'll be close to all the amenities both recreationally and culturally that you've been seeking. It will be hard to find any view lot in this price range let alone in a great location, sweeping views, and great building site. Don't let this opportunity get away. Schedule your showing today!
| |||
Property Highlights
Exterior Details
Lot Features: Sloped, Views
Lot Size Area: 0.81
Lot Size Units: Acres
Lot Size Acres: 0.81
Lot Size Square Feet: 35283.6
Water Source: Well
Financial Details
Tax Assessed Value: $35,000
Utilities Details
Sewer : Septic Needed
Location Details
HOA Fee: $150
HOA Fee Frequency: Annually
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Transylvania
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Listed by: Paul Wilander, Looking Glass Realty
Last Updated: 8 months ago
Data Source: CANOPYMLS, MLS# CAR4350368
Last Updated: 8 months ago
Data Source: CANOPYMLS, MLS# CAR4350368
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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