Discover the perfect canvas for your dream home on this serene .20-acre lot with captivating views in The Settings of Black Mountain. This gated community is experiencing a resurgence of new build activity, making it an opportune time to secure your spot in this sought-after neighborhood. Enjoy the luxury of privacy and convenience with sidewalks, a clubhouse, walking trails, natural gas, fiber optic internet, and underground utilities. Immerse yourself in the scenic beauty of the surroundings, while being only 5 mins away from the charming downtown Black Mountain. Come, experience the allure of The Settings, and fall in love with the possibilities that await you.
Property Details
Property Features
Listing Office:
Office Name: Allen Tate/Beverly-Hanks Fletcher
Exterior Features
Exterior Information:
View: Other, Mountain(s)
Other
Directions Information:
Directions: Take I40 to Black Mountain Exit 64, turn South on Highway Nine for approx. 2 miles to Settings entrance on the right. Call Showing time for gate code.
Price Information
Listing Price Info
Price Summary:
List Price: $50,000
HOA Fees:
Amount: $1300
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 Black Mountain, NC.
This property is $485K less than the Median Sold Price in Black Mountain, NC.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #4106080
Listing Office:
Office Name: Allen Tate/Beverly-Hanks Fletcher
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.
$425
Per Month
Principal & Interest
$250
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)
$108
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
$216
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
Black Mountain Primary School
301 E State St
Distance between this listing and this school1.55 miles
Public District Grades KG-3
5
/10
Black Mountain Elementary School
100 Flat Creek Rd
Distance between this listing and this school1.64 miles
Public District Grades 4-5
2
/10
Williams Elementary School
161 Bee Tree Rd
Distance between this listing and this school4.90 miles
Public District Grades KG-5
Nearby Schools
2
/10
Owen Middle School
730 Old US 70 Hwy
Distance between this listing and this school3.38 miles
Public District Grades 6-8
6
/10
Artspace Charter School
2030 US 70 Hwy
Distance between this listing and this school6.34 miles
Public Charter Grades KG-8
3
/10
Reynolds Middle School
2 Rocket Dr
Distance between this listing and this school9.71 miles
Public District Grades 6-8
Nearby Schools
8
/10
Owen High School
99 Lake Eden Rd
Distance between this listing and this school3.54 miles
Public District Grades 9-12
2
/10
Community High School
235 Old US 70 Hwy
Distance between this listing and this school4.97 miles
Public District Grades 9-12
7
/10
Reynolds High School
1 Rocket Dr
Distance between this listing and this school9.73 miles
The neighbors living near this home have an average income of $71,835. Residents of Black Mountain, NC typically earn between $35k-100k each year. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 61 Cottage Settings Ln
What is the listing price of this property?
The listing price of 61 Cottage Settings Ln property is $50,000.
What type of property is this?
The property 61 Cottage Settings Ln is land located in Black Mountain, North Carolina, 28711.
Is this property for sale now?
Active Listing: 61 Cottage Settings Ln is For Sale (Active/New) which means the seller is accepting offers.
Interested in 61 Cottage Settings Ln? 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 61 Cottage Settings Ln in Black Mountain, NC and zip code 28711. It has been listed on Rocket Homes since February 02, 2024 and is currently priced at $50,000.
Black Mountain, NC housing market in November 2024 saw over 3 listings sold above listed price, more than 0 sold at listed price and over 9 sold below. The inventory of homes for sale in Black Mountain, NC between October 2024 and November 2024 increased by 16.4%. While the average time on the market in November 2024 was 58 days, the median list price was $535,000.
From Rocket Homes Real Estate and based on county public records data.