Back 841 Ferguson Hill Rd
Off Market

841 Ferguson Hill Rd

Burnsville NC 28714

50 ac.
Land
Last sold for $385,000
Donna BanksDonna Banks, last sold this property on 21 May 2024 after 356 days on market.

Overview

50 acres of prime land with views of the mountains and several buildable cleared spots to place future homesites.The land plays host to an improved internal road system. The top of property borders the town limits of Burnsville making to close to everything, yet, very private at the same time. It has a ton of road frontage to the left off Ferguson Hill Rd. as well as bordering Pensacola Rd. (197 S) to its southern border.The current owners have it in the Land Management Program and have a granted a tax deferment from Yancey County Tax office. It also is in the area deemed as the Opportunity Zone by the US standards for development which makes it a good investment for those wishing to develop or place multiple homes or an accessible business. This property is in the county and therefore is UNRESTRICTED allowing purchaser to have creative license to improve in whatever manner needed, while enjoying low county taxes only.

Features

50 ac. lot size
Land

Estimated Value

Based on this property and similar land plots sold in Burnsville over the last 12 months, the estimated median property value of 841 Ferguson Hill Rd is $66k.

Median value
$66k
Estimated value range
$6k - $1.25m
Median days on market
89
Estimated value trend
-40%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Burnsville. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 841 Ferguson Hill Rd

2024
Sold
$385,000
21 May 2024 by Donna Banks, of Allen Tate/Beverly-Hanks Asheville-North

Happy sellers in Burnsville

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We have insufficient information to provide an overview of customer satisfaction for Burnsville. Viewing the agent profiles, reviews and sales for Burnsville can provide insights for this location.

Local market activity for land plots in Burnsville

In the last 12 months, 51 land plots similar to 841 Ferguson Hill Rd, have been sold.

This represents a 13% increase in land plots sales when compared to the previous 12 months.

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