5.69 acres on Equestrian Dr, at The Coves Mountain River Club, a 3,200 acre gated community in the Blue Ridge Mountains of North Carolina. Build your home on the level, easy build site and your barn in the meadow by the stream that borders the lot. Enjoy the view across the valley. +/- 2 acres of pasture. Private trails on site: hike, bike, ride horses, UTV. Kayak, fish, wade 5 miles of Johns River. Riverside picnic pavilion. Community garden, vineyard. Pickle-ball, dog park. Clubhouse: pool, kitchen, library, fitness center, locker rooms, decks and porches to enoy 360° views of Grandfather Mountain, Hawks Bill, Table Rock & Brown Mtn Lights. High Speed fiberoptic internet. Across road from 500K acre Pisgah National Forest & Wilson Creek Gorge. Socials, trips, hiking club, yoga, strength training. 2 Equestrian Centers and a thriving equestrian community.. 1.5 hr to Charlotte or Asheville. Minutes to Lenoir, Blowing Rock, Morganton. Builder and lender recommendations available.
Property Details
Property Features
Listing Office:
Office Name: Arrow Realty & Land Development
Office Email: jennifershattuck@arrowrealtync.com
Virtual/3D Tour
Virtual Tour: 5.69ACRES LOT504 Equestrian Dr Lot 504
Virtual Tour
Other
Directions Information:
Directions: Enter the Coves Main Entrance at 1314 Round Mountain Parkway. Stay straight on Walnut Ridge. Left on Red Cedar . Right on Equestrian Dr. Lot 504 is on the left.
Price Information
Listing Price Info
Price Summary:
List Price: $172,500
HOA Fees:
Amount: $2515
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 Lenoir, NC.
This property is $75.6K less than the Median Sold Price in Lenoir, NC.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #4140983
Listing Office:
Office Name: Arrow Realty & Land Development
Office Email: jennifershattuck@arrowrealtync.com
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.
$1,137
Per Month
Principal & Interest
$861
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)
$209
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
$584
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
4
/10
Gamewell Elementary School
2904 Morganton Blvd SW
Distance between this listing and this school3.55 miles
Public District Grades PK-5
4
/10
West Lenoir Elementary School
125 Maple Dr NW
Distance between this listing and this school5.02 miles
Public District Grades 3-5
5
/10
Davenport A+ Elementary School
901 College Ave SW
Distance between this listing and this school5.79 miles
Public District Grades PK-5
Nearby Schools
7
/10
Collettsville School
4690 Collettsville School Rd
Distance between this listing and this school2.29 miles
Public District Grades KG-8
4
/10
Gamewell Middle School
3210 Gamewell School Rd
Distance between this listing and this school3.38 miles
Public District Grades 6-8
4
/10
Happy Valley School
1350 Yadkin River Rd
Distance between this listing and this school7.74 miles
Public District Grades KG-8
Nearby Schools
3
/10
West Caldwell High School
300 W Caldwell Dr
Distance between this listing and this school3.10 miles
Public District Grades 9-12
3
/10
Hibriten High School
1350 Panther Trl SE
Distance between this listing and this school8.37 miles
Public District Grades 9-12
8
/10
Caldwell Early College
2859 Hickory Blvd
Distance between this listing and this school9.31 miles
The neighbors living near this home have an average income of $33,790. Most Lenoir, NC residents have annual incomes less than $35k. 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 5.69ACRES LOT504 Equestrian Dr Lot 504
What is the listing price of this property?
The listing price of 5.69ACRES LOT504 Equestrian Dr Lot 504 property is $172,500.
What type of property is this?
The property 5.69ACRES LOT504 Equestrian Dr Lot 504 is land located in Lenoir, North Carolina, 28645.
Is this property for sale now?
Active Listing: 5.69ACRES LOT504 Equestrian Dr Lot 504 is For Sale (Active/New) which means the seller is accepting offers.
Interested in 5.69ACRES LOT504 Equestrian Dr Lot 504? Let's connect.
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 5.69ACRES LOT504 Equestrian Dr Lot 504 in Lenoir, NC and zip code 28645. It has been listed on Rocket Homes since May 16, 2024 and is currently priced at $172,500.
Lenoir, NC housing market in October 2024 saw over 3 listings sold above listed price, more than 8 sold at listed price and over 21 sold below. The number of homes for sale in Lenoir, NC increased by 5.9% between September 2024 and October 2024. The median list price of listings available in October 2024 was $248,198, while the average time on the real estate market was 41 days.
From Rocket Homes Real Estate and based on county public records data.