North Carolina Mountain Land

13+ Acres of Magnificent NC Mountain Land For Sale...

OVER 42% OFF!

Save $144,600! off already low list price.

All Lots Have:

• Magnificent mountain views
• Four bedroom septic evaluations
• Underground power
• Minimum of 3 acres
• Altitude at or above 3500 feet
• More magnificent mountain views

The Rich Top Mountain subdivision in Quest Cove is made up of a close-knit community of only a dozen homesites on Clark Road off of Bald Creek.  Restrictive covenants protect your investment.

IT consultant takes up land development as a hobby -- discovers he's better suited for stamp collecting.

Five years ago my wife and I discovered Quest Cove. We immediately fell in love with it (and we believe you will, too) so we bought a 40 acre tract at the very top of the cove.

We wanted to build our home atop the ridge, but to get there required almost a mile of road to be built and we didn’t have that kind of money.  So I thought, “Why not subdivide some of the property, sell off the lots and use the proceeds to pay for the road?  How hard could it be?

In those days banks lent money and we got a hefty dirt loan to build a road and survey out the lots.  And we got the job done, and done well.  Selling two of the six lots helped pay down the dirt loan, but we still owe a big chunk and I want to pay it off.  And to do that I'm willing to give you a very good deal.

I don’t have to tell you what the land market is like.  It sucks.  But if you’re the kind of investor who recognizes the market inevitably will improve, then I invite you act on this offer now.  You will be handsomely rewarded.

Do you have more patience than me?

If so, you can make a return of 50% or more.

These four developed lots are being offered for only $195,000 — a substantial 42% discount — and over $144,000 off list price.

The knowledgeable and patient investor realizes the current market will improve and exceptional land at this price can be expected to produce a return of at least 50%, and even more when inflation inevitably kicks in.  And, as you know, land is an excellent inflation hedge.

This is a no-nonsense offer to sell 13.33 acres that cost over $26,000 an acre to develop for less than $15,000 an acre.  That's right; I'd be subsidizing your purchase to the tune of over $10,000 an acre.  Just remember, Christmas isn't going to last forever.

Gee, I'd love to take you up on your offer, BUT THE #%@& BANKS AREN'T LENDING!!!

OKAY... I know what you're up against.  Believe me, I know.  So, here's the deal**.  I'll take back paper on the following terms: 25% down, 5% APR on the balance, 10 year amortization, balloon payment due in 48 months.  Screw the banks.

Here's what you're getting:

           Lot #     Size             List           Appraised      Dev Cost     Lot Letter

             1       3.8532       $89,900       $80,000       $101,879           C

             2       3.1564       $69,900*     $65,000         $83,455           D

             3       3.0766       $94,900       $83,000         $81,345           F

             4       3.2390       $84,900       $77,000         $85,639           G

                    13.3252     $339,600     $305,000       $352,318

 

*currently listed at the promotional price of $49,900 until 12/31

Successful land owners know a bad market is the time to buy.

Because land’s cheap.  Cheaper than it’s ever going to be for a long time.  So don't let this outstanding opportunity pass you by.

Take advantage of this buyer's market that now offers you 13.33 acres of beautiful mountain land at a discount of over 42% — less than 2/3 appraised value — with seller financing!

This magnificent property can be yours today for less than $50,000**.

Don't wait too long.  Better times are more expensive times.  This is your chance to acquire magnificent NC mountain property for less than $50,000 down.

I invite you to contact me or one of the agents in charge of sales now.  Patty or Ellis Morris would be happy to talk to you regarding this special offer and answer any questions you may have.  Here is their contact information:

Patty & Ellis

Patty Morris/Broker, CRS, e-Pro

Ellis Morris/Broker, CRS
Re/Max Mountain Realty
1-866-795-9393 Office
1-828-564-2279 Direct Line
1-828-734-5881 Cell
1-828-452-9358 Fax
pmorris@remax-waynesvillenc.com
www.maggievalleyproperty.com

** Seller financing terms: $195,000 total; $25% down = $48,750; $146,250 financed at 5%, 10 year amortization = $1,551.21 per month for 48 months; $96,318.72 balloon due at end of 48 months. Figures are approximate, but pretty darn close.