Welcome to Asheville's best kept secret -- Blue Mist Farms -- a gated community overlooking Newfound Valley and just minutes to Asheville NC. This large 3.10 acre property was originally two lots. This property offers priceless long-range mountain views, a gentle building site and wooded privacy. A private well is already in place. The best way to view the building location is to use the wooden stairs at the end of the asphalt and walk out the trail to the cleared area. This community offers a tennis court, barn, spring fed pond and gazebo. There are several new homes under construction in the community. The views in the pictures were taken from the neighboring lot to show the view potential. Property had a 3 bedroom septic permit but has since expired.
Property Details
Property Features
Listing Office:
Office Name: Mountain Oak Properties
Exterior Features
Exterior Information:
View: Mountain(s)
Other
Directions Information:
Directions: From Asheville, follow Patton Avenue 0.9 miles then turn right onto New Leicester Highway. Continue on Leicester Highway for 4.4 miles. Turn left onto Newfound Road. In 3.9 miles, turn left on Hayes Cove Road. Gated entry to Blue Mist Farms is 0.6 miles ahead on right. Must have gate code. Continue on View Ridge Parkway for 0.4. Turn left onto Farm Cove Lane. Property will be on the right. Accessible by GPS.
Price Information
Listing Price Info
Price Summary:
List Price: $59,900
HOA Fees:
Amount: $1220
Frequency: Annually
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Leicester, NC.
This property is $375.1K less than the Median Sold Price in Leicester, NC.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #4143318
Listing Office:
Office Name: Mountain Oak Properties
Listings courtesy of Canopy MLS as distributed by MLS GRID.
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.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$467
Per Month
Principal & Interest
$299
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$101
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$246
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Leicester Elementary School
31 Gilbert Rd
Distance between this listing and this school3.71 miles
Public District Grades KG-4
5
/10
Candler Elementary School
121 Candler School Rd
Distance between this listing and this school4.65 miles
Public District Grades KG-4
7
/10
West Buncombe Elementary School
175 Erwin Hills Rd
Distance between this listing and this school4.95 miles
Public District Grades KG-4
Nearby Schools
3
/10
Enka Middle School
390 Asbury Rd
Distance between this listing and this school4.41 miles
Public District Grades 7-8
3
/10
Erwin Middle School
20 Erwin Hills Rd
Distance between this listing and this school4.51 miles
Public District Grades 7-8
4
/10
Eblen Intermediate School
59 Lees Creek Rd
Distance between this listing and this school5.08 miles
Public District Grades 5-6
Nearby Schools
3
/10
Erwin High School
60 Lees Creek Rd
Distance between this listing and this school4.71 miles
Public District Grades 9-12
7
/10
Enka High School
475 Enka Lake Rd
Distance between this listing and this school5.74 miles
Public District Grades 9-12
5
/10
The Franklin School of Innovation
21 Innovation Dr
Distance between this listing and this school6.18 miles
The neighbors living near this home have an average income of $48,370. Typical income of Leicester, NC residents is between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 25 Farm Cove Ln
What is the listing price of this property?
The listing price of 25 Farm Cove Ln property is $59,900.
What type of property is this?
The property 25 Farm Cove Ln is land located in Leicester, North Carolina, 28759.
Is this property for sale now?
Active Listing: 25 Farm Cove Ln is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 25 Farm Cove Ln in Leicester, NC and zip code 28759. It has been listed on Rocket Homes since May 31, 2024 and is currently priced at $59,900.
While more than 1 listings in Leicester, NC in October 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 6 were sold below. In October 2024 in Leicester, NC there were 6.7% less homes for sale than in September 2024. In October 2024, listings were on the market for 67 days. During the same period, the median list price in this real estate market was $435,000.
From Rocket Homes Real Estate and based on county public records data.