Welcome to Western North Carolina Real Estate by Rick Strohm Sign in | Help

Great Smoky Mountains Real Estate Blog

by Rick & Rick Strohm www.RickStrohm.com Realty Executives - Smoky Mountain Properties Bryson City & Sylva, North Carolina
New Development - Wood Ridge Estates

...The Western North Carolina Mountains

BEAUTIFUL HOME SITES
AT BELOW MARKET PRICES

Limited One-Time Offer

5 Home site development - $250,000

Home sites will be sold separately from $50,000 to $60,000:

Lot #1 / $50,000

Lot #2 / $55,000

Lot #3 / $50,000

Lot #4 / $55,000

Lot #5 / $60,000

http://www.rickstrohm.com/Sylva/North_Carolina/Farms_and_Acreages/Wood_Ridge_Estates/Agent/Listing_1625706.html 

 

Wood Ridge Estates (www.RickStrohm.com) is offering 5 fully-improved, long-range view mountain home sites.  Every qualified buyer can finance up to 100% of the purchase price with one of our preferred lenders, with a term of up to 20 years, at either a fixed or variable interest rate. 

Wood Ridge Estates, now in its final phase of development, is located just off U.S. 19/74 between the mountain towns of Sylva and Cherokee, North Carolina (minutes from the main entrance of the Great Smoky Mountains National Park and 1 hour west of Asheville - see map at bottom).  Wood Ridge Estates is a most unique, 5 home site mountain community.  Beauty, convenience and end of the road privacy with long-range views go hand in hand when you choose Wood Ridge Estates as your mountain home.

The Wood Ridge Estates entrance welcomes its residents and guests with wide easily drivable roads and mountain landscaping.  From the main highway all the way to your lot, Wood Ridge Estates offers you year round easy road access. Elevations throughout the community range between 2,200 and 2,400 feet, providing mild temperatures in the mid 70s during the summer months.  Doesn’t that sound like a welcome relief from the usual oppressive summer conditions?

Wood Ridge Estates features underground utilities – which include power, telephone and high-speed Verizon Internet Cable – community water and wide roads.  All 5 of the home sites have been graded with views cleared.  Lots #1, 3 & 4 are all mapped for 2-bedroom septic, Lot # 2 already has a 2-bedroom septic installed, and Lot #5 can be mapped for septic. As you will see in the photos, our views are excellent and long-range!  The quality of the development infrastructure will be apparent the moment you enter the community.

The Home Sites Being Offered

Please view the photos and “virtual tour” on our personal website (http://www.rickstrohm.com/Sylva/North_Carolina/Farms_and_Acreages/Wood_Ridge_Estates/Agent/Listing_1625706.html), which shows the separate home sites each with list price or $250,000 for all 5!

Why should you consider this Offer?

This is a limited time offer!  The development company has plans to build on each home site, but is willing to sell these beautiful lots while they complete excavation of an additional 17 acre development. We expect this offer to appeal to people who have been seeking to own property in the beautiful North Carolina Mountains.  This property offer provides the opportunity to purchase a “ready-to-build” home site substantially below its market value. 

Given the abundance of negative news surrounding the housing market, let us share with you some national vs. North Carolina statistical information that you might find surprising.  On a national level the median sales price of single-family homes during the last quarter of 2007 was 5.8% lower than in the last quarter of 2006 (www.realtor.org/Research.nsf/files/MSAPRICESF.pdf/$FILE/MSAPRICESF.pdf). The largest declines in sales prices occurred in Miami (17.5% decline), Las Vegas and Phoenix (15.3% declines), and Los Angeles, San Diego, San Francisco, Detroit and Tampa, all of which recorded double-digit declines (S&P: US Home Prices Down Sharply, J.W. Elphinstone, Associated Press, Posted 02/26/2008).

Compared to declining sales prices in virtually every major market in the United States, the metropolitan regions in closest proximity to the mountains of western North Carolina actually showed year-over-year increases in the median sales price of existing single-family homes.

What do I need to do to take advantage of this Offer?

Call or email Rick & Rick, Jr. and we will assist you with travel arrangements and schedule your visit to Wood Ridge Estates!

 

We look forward to serving you.

Posted: Wednesday, May 07, 2008 2:57 PM by Rick & Rick Strohm

Comments

No Comments

Leave a Comment

(required)

(required)

(optional)

(required)

Comment Notification

Subscribe to this post's comments using RSS