tomo logo

$699,000

Beds
3
Baths
3.0
sq ft
2,551

114 West Blueberry Lane, Beech Mountain, NC 28604

114 West Blueberry Lane

Beech Mountain, NC 28604

  • 311 days on market
    • Price drop $26,000↓
Massive Price Improvement! Now ONLY $274 per square foot! If you're looking for a second home with proven rental income, Blue Bear Cabin is an absolute must-see! This charming mountain retreat offers 3 spacious bedrooms, 3 full bathrooms, a game room, a hot tub, and both A/C & heating, with fresh exterior paint and updated decking. With impressive rental income since 2023, this property is a true rental powerhouse! Plus, enjoy breathtaking long-range views from the two expansive covered decks. Blue Bear Cabin spans 2,551 sq ft of living space, with an additional 874 sq ft of outdoor decking. As you drive up the paved driveway, you'll be welcomed by an outdoor entertainment area featuring a hot tub and fire pit, perfect for stargazing and relaxing in the cool evening air. The main level boasts beautiful tongue-and-groove wood ceilings, an open floor plan with a spacious family room, dining area, and kitchen. The family room is highlighted by a gas log fireplace, and the kitchen is equipped with stainless steel appliances, gorgeous cabinetry, and a center island. The main level also includes a full bath, a guest bedroom, and a luxurious primary bedroom suite, both featuring king-sized beds. Downstairs, the lower level offers a second family room with another gas log fireplace, a 65-inch smart TV, a pool table, and a queen-size sofa sleeper. Additionally, there's a third guest bedroom with bunk beds, a spacious full bath, and a convenient laundry room. This home comes fully furnished and is eligible for a Beech Mountain Club membership. Don't forget to check out the attached rental history for more details!

Details

Property type

Single Family Residence

Est. home value

$643,191

Lot size

0.40 acres

Price per sq ft

$275

Year built

2007

Annual property taxes

$5,284

HOA

No

Price History

11/04/2024
HighCountry

HighCountry #249825

Price change
$699,000
-3.59%
05/31/2024
HighCountry

HighCountry #249825

Listed
$725,000
+55.25%
10/05/2021
HighCountry

HighCountry #232077

Sold
$467,000
+37.35%

Schools & Community

Elementary school: 

Valle Crucis

Middle school: 

Unknown

High school: 

Watauga

Community features: 

Pool, Fitness Center, Golf, Lake, Tennis Court(s)

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$255,321
Asking price
$699,000
Closing costs (~8% of asking)
-$55,920
Est. remaining loan balance
-$387,759
Cash to seller
$255,321

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Central Trust Bank

Loan start date

September 2021

Original loan amount

$420,300

Est. remaining balance

$387,759

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Benjamin Cholak and Melissa R Cholak

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

HighCountry
$699,000
3 bd
|
3 ba
|
2,367 sq ft
|
House

110 Upper Snowbird Trail, Beech Mountain, NC 28604

Price drop
HighCountry
$679,000
3 bd
|
3 ba
|
1,620 sq ft
|
House

136 Staghorn Hollow, Banner Elk, NC 28604

Status: Active

Tomo last checked: 04/07/2025 at 6:15 PM

Listing updated: 04/02/2025 at 3:41 PM

Listed by: Cindy Giarrusso, Blue Ridge Realty & Investments Beech Mountain Phone #: (828) 964-2896

MLS: HighCountry #249825

HighCountry logo