Greybeard Realty

A Log Cabin Home in Western NC on its Own Natural Paradise Could Be Yours

Are you someone who thinks about owning a beautiful, traditional-style western NC home that could accommodate family or guests? If so, you’ll want to look at 110 Wild Cherry Lane. This three-bedroom, 4-bath custom log cabin has an additional cabin on the property, making it a great family or group getaway spot. It’s like you have your own secluded resort, right in the NC mountains. Firepit on the water at 110 Wild Cherry Lane

Constructed in 2004 this meticulous log home has an open floor plan with a vaulted ceiling and a water view. Situated on 11.09 acres within the gated community of Gateway Mountain, this home features large covered porches that overlook two ponds and a large fire pit. Inside, a wood-burning fireplace as well as interior woodwork combines to create the anticipated mountain ambiance. In addition to the natural features on the property itself, new homeowners gain access to the amenities available within Old Fort’s Gateway Mountain community that include hiking trails, lakes, and a waterfall.

To appreciate this very special mountain property, consider heading up here to take a look at it in person. It’s really worth your time to take a walk round the property and see the incredible acreage as well as the well-maintained community in which it is nestled. If you want to tryout the area, consider staying a while at one of Greybeard Rentals’ long-term properties. If you want to see other log cabins for sale, please check out Greybeard's log home webpage. Also, if you’re looking for a home on a large land site, please look at Greybeard’s homes on 5 or more acres webpage. If you have any questions or want to request an appointment to go see this incredible property, please contact Greybeard Realty today.

Asheville Year-End Numbers Add Up to a Very Tight Supply

For many months now, Greybeard Realty has been watching the Asheville housing market grow tighter and tighter, and we see that trend confirmed when we look at the end-of-year numbers. In both Black Mountain and Buncombe County numbers, there is evidence of further tightening, which of course leads to higher prices and higher sales price to list price percentage as well. If anyone needs an example of how supply and demand work together, this year’s numbers are truly textbook. Lovely NC Mountain Home For Sale

Buncombe County

In 2017, there were 4,164 homes sold across the county, a 2% decline from 2016 numbers. At the same time, there was a 7% increase in total sales volume, up to $1.4 billion for the year. That, of course, indicates a rise in home prices. In this instance, the average price rose 9% to $338,374. In 2010, the average home price county-wide was $247,676, and prices have been rising steadily since.

As might be expected with these numbers, the sales price to list price has increased to 98%, demonstrating that buyers are paying very close to full price. And another statistic that’s very telling is the days on market (DOM) figure which has declined to 68 days, down from a high of 175 days in 2012. And of course, all of that’s an indication of just how tight the housing supply is right now. And there’s one more category that truly reinforces that. In 2017 at year’s end there were 1,425 units of the market, down 4% from 2016 figures. That’s down from 2,032 in 2012. And that drop is even more dramatic when you take into account that, of those homes listed as being on the market, 341 units or 24% were actually already under contract. The impact of the shortness of supply right now cannot be underestimated.

Black Mountain

The home sales numbers in Black Mountain very much parallel those of Buncombe County, although it’s important to remember it’s a much smaller market. The number of units sold decreased by 10% from 2016, dropping from 229 in 2016 to 205 in 2017. Simultaneously, total sales volume dropped by a modest 1%, which again indicates an increase in average price. What’s interesting in those numbers is that the total sales volume in 2017 was $61.3 million. Contrast that with the $29 million in total sales volume in 2012, and you can really start to see the tremendous growth in the housing market in the last five years.  In 2017, the average home price in Black Mountain was $299,310, an 11% increase over 2016 average price.

Similar to the Buncombe County numbers, the sales price to list price percentage stands at 98%. SP/LP was 93% in 2012.  And in Black Mountain, the DOM is down to a meager 58 days in 2017 from 85 in 2016. In 2012, homes were on the market on average 198 days. That’s quite a difference. Supply is so tight, that when houses do come on the market, they don’t seem to take very long to sell. To emphasis the market tightness, as well as the small sample in Black Mountain, at the end of 2017, there were only 70 homes on the market, that’s down sharply, 18%, from 2016 numbers. And again, that number of homes on the market is even smaller when you consider that 17 homes or 24% of the homes listed are already under contract.

Conclusion

So, what can you make from these numbers? First of all, if you have a home you’ve been waiting to put on the market in the Asheville area, this could be a great time to move on that. And secondly, if you’re looking to buy, be prepared to make an offer if you find your dream home. It won’t be available for long. And lastly, it’s time to start following land sales and watch for more spec homes. With a market this tight, people are looking to new construction and builders are seeing an opportunity for growth.

If you want to track trends, please take a look at Greybeard Realty’s market numbers webpage. If you’re looking for a new home, check out our exclusive listings in Buncombe county and Black Mountain. And if you’re ready to list that home you’ve been holding on to, give us a call at Greybeard Realty. We will help you get that sold before you know it.

Live in the Tree Tops in this Lovely Black Mountain Home

From the moment you approach the front door of 117 Valley Dr, you can sense there’s something special about this lovely Black Mountain home. From its eye-catching red door to its open floor plan, this private 4 bedroom, 5 bath home welcomes its owners home to a sunny, serene setting.

This custom-built home, constructed  in 1994, is nestled among the trees on a .86 acre lot. As a matter of fact, from the indoor living spaces, there’s a sense you’ve been transported to a treehouse rather than a mountain home. While winter light shines through from high windows in the living spaces, the north facing views include the spectacular Craggies. And from the two floors of decks, you can enjoy the light and the treetops simultaneously.

In addition to these particulars, enjoy the pristine landscaping and private trail. In the summer, the lush natural foliage provides a screen against the summer heat. The home is impaccably integrated into its environment. With its four bedrooms, this home also can accommodate a large family or guests. And with one level living an option, it’s a home that can truly grow and age as you do.  

Take a moment to look at Greybeard’s Black Mountain info page, if you’re new to the area. If you’re already familiar, contact Greybeard now to set up an appointment ot see this spectacular home. Perhaps you’d like to see what else is on the market. By viewing Greybeard’s exclusive listings page, you will get a sense of what is available currently.

Mindboggling Views from this Western NC Mountain Home

‘Tis the season to enjoy your new home in the lovely gated community of Gateway mountain.  Built in 2005, 110 Christmas Tree Lane combines natural serenity and easy accessibility, making it a great home for anyone looking to get away but still be close by.  Breathtaking Views from 110 Christmas Tree Lane

This two-bedroom, two-bath log home has a stone, wood-burning fireplace in the cathedral-ceilinged great room and long-range mountain views. The basement has a woodstove, and, while the basement presently is unfinished, it could be completed for additional living space. Situated on 2.91 acres, this lovely home has three decks and a covered porch. Sit in the rocking chair and watch the clouds roll by or head out into Gateway for some lake fishing or hiking. And an easy 20-minute drive will have you in Black Mountain.

Gateway Mountain is a gated community with more than 3,000 acres of nature. If you would like more information about this home or any homes for sale in gated communities, please contact Greybeard Realty. There’s something very special about western NC, and here’s a chance for you to be a part of that. Contact Greybeard Realty today and get moving.

Going Off Grid in Black Mountain Never Looked So Good

If you’re someone whose dreamed of living off grid in the NC mountains, you’ll want to take a look at 19 Kate Mountain Rd in Buncombe County's Black Mountain. This amazing property, which encompasses more than 86 acres, has privacy and two one-bedroom log cabins already in place. Located just 30 minutes from Black Mountain, it provides the type of seclusion with accessibility along with a sense of independence as well.

Lovely Off-Grid Black Mountain HomeThere’s a one-bedroom, one-bath cabin with a loft that includes a workshop/studio as well as a garage. Located nearby is another one-bedroom, one-bath cabin with a deck that overlooks open land as well as a trout pond and garden. Both homes feature custom woodwork and utilize the solar power, 275 gallon reservoir and gravity-fed spring water. While it is off grid, there’s still access to internet and TV through Verizon, so new owners can choose how far they want to disconnect. While this property is pristine and stand-alone, there’s also room for additional homesites, if the new owner would like.

For more information about this home, please contact Rosie Johnson at Greybeard Realty. Also take a look at Greybeard’s exclusive listings to see what else is available. It’s unusual to find a home of this quality off-grid and move-in-ready. And the expansive property provides room for branching out as well. Who among us hasn’t talked about finding a place to unwind and disconnect? Well, here it is!

Welcome Greybeard Realty's Newest Realtor

Greybeard Realty welcomes Realtor Jeannie W. Conner as its newest real estate broker. Jeannie, a native of western North Carolina, has had her NC Real Estate License since 1997. She currently resides in Rutherford County with her husband, two sons and three stepdaughter

Jeannie Conner, BrokerFor Jeannie, meeting her clients’ needs is primary, and she prides herself on her diligence in being sure each buyer and every seller gets her undivided attention. She states that her motto is: “Work hard; play hard; pray harder.”  When she isn’t focused on real estate, Jeannie can be found competing in CrossFit or completing a Spartan Race.

Jeannie joins 21 other Realtors who work in the Greybeard Realty offices in Black Mountain and Asheville to provide individualized care to western NC clients.  Greybeard Realty and Rentals began in Black Mountain in 1999 and now has an office in Asheville as well.

Greybeard Realty has numerous diverse western NC listings, and our agents are all familiar with the local community. Please contact Greybeard if you'd like to learn more about western NC homes for sale.

Old Fort Farm Property Offers a Creek, Trails, and Incredible Views of NC Mountains

Horse folks and outdoor lovers will fall in love with 1304 Souther Rd, located just 15 minutes from Black Mountain. The more-than-34 acres include a creek, trails, mountain views and a charming 3-bedroom, 2-bath farm house.

A quick two minute drive from the interstate, this incredible property can be developed, and it already has a bridge over the creek on the property. And with long-range and mountain views, there’s a sense of peace and tranquility that makes this lovely property a real treasure.

The farmhouse, constructed in 1922, has a large covered front porch, a couple of fireplaces, and a cozy country kitchen. In addition to the main home, there are several outbuildings on the property. There’s plenty of room for horses and enough land for some great family adventures.

To appreciate this gorgeous property, it’s really something you need to come out and see. Sure, you can see the photos, but there’s something about getting out and walking the property and really getting a chance to see it for yourself. If you’d like to schedule an appointment to see this or any of Greybeard Realty’s exclusive listings, please contact Greybeard Realty. This property is a great find with its proximity to Asheville and Black Mountain and its large lot size. Go ahead and start packing up the horses for the move to their new digs.

Come For a Few Nights and Stay For a Lifetime in this Lovely Asheville Area Home

How often have you checked into your NC mountain rental and declared, “Wow. We never want to leave!” Well, here’s a chance for you to try out a gorgeous five-bedroom home at 2031 McKenzie Rd in the gated community of Gateway. And if you love it, you can purchase it.

Known as Havencrest in the Greybeard Rentals listings, this lovely, large home features unbelievable year-round views of the Blue Ridge Mountains, Lake Lure and more.  Nestled on 4 private acres in proximity to a 3,000 acre nature preserve, this fantastic home is very reasonably priced and ready to move into.  Imagine yourself preparing family meals in the gourmet kitchen, sipping coffee on the screened porch, and hosting guests or family in the guest quarters downstairs.  With its post-and-beam construction and multiple fireplaces, this home offers a warm, cozy mountain setting for anyone looking for a tranquil, secluded, yet easily accessible landing spot in the NC mountains.

Located just 10 minutes from I-40, Havencrest is an easy 20 minute drive to Black Mountain and 30 minutes to Asheville and its amenities. And the Gateway community provides serenity and amenities including lake fishing, hiking, a waterfall park, and abundant wildlife. While this home would make a wonderful rental home, it also has a terrific vacation rental history available. Greybeard’s Property Management Services can make renting this property a very simple process.

If you’ve wondered what it’s like to live up in the mountains, here’s your chance to try it out. And if it’s everything you’ve dreamed it will be, then you can purchase this home and make it your idyllic getaway. This home’s price is very reasonable, and its breathtaking views are outrageous.  Come take a look for yourself, try it out, and then you can own your own piece of NC mountain paradise. Contact Greybeard Realty for more information about this home

Alejo Rottenberg Joins Black Mountain's Greybeard Realty

Greybeard Realty welcomes Realtor Alejo Rottenberg who joined the Black Mountain-based real estate company on September 12, 2017. Alejo joins 20 other Realtors who work in the Black Mountain and Asheville offices to provide individualized care to western NC clients. Alejo Rottenberg at Greybeard Realty

“Greybeard strives to meet the specific needs of each client that enters our office, whether they are buying or selling their property,” states Chip Craig, president and founder of Greybeard Realty. “Alejo will fit right into our company as he works diligently for each client he serves.  Greybeard will benefit from his dedicated approach and thoughtful demeanor.”

Alejo, a native Argentinian, has been working in real estate in western NC since 2014. He arrived in NC in 2009 after relocating from Florida where he started and later sold a successful graphic design business. As a dedicated father of two, Alejo participates in numerous community groups and loves hiking, particularly on the Blue Ridge Parkway. With his vested interest in the area he lives in, Alejo can assess the needs and wants of each of his clients and knowledgeably direct them toward a particular community and house that fits them.

“I work with each client to be sure they find a home, not just a house,” Alejo says. “In addition to the number of bedrooms and the acreage, it’s important that a house matches a client’s interests. Often times, I end up suggesting a particular trail I’ve enjoyed or an organization I’m familiar with for people relocating to the area. Western NC offers such broad amenities. I make sure I know what’s going on in each community so I can best direct my clients."

As proof of Alejo’s varied interests, in addition to being a Realtor, he finds time to be a soccer player, a medical massage therapist, and a glassblower. Alejo looks forward to introducing his new clients to all the possibilities that western NC provides.

To get an idea of what's on the market in the greater Asheville area, take a look at Greybeard's exclusive listings page. Greybeard Realty and Rentals began in Black Mountain in 1999 and now has offices in Black Mountain and Asheville. For more information, please contact Greybeard Realty.

Western NC Market Numbers Add Up to Solid Growth

The first six months of Asheville real estate statistics further confirm the solid positioning of home sales in 2017. In both Buncombe County and in Black Mountain, sales figures continue to indicate that the western NC home sales market is strong and growing steadily.

Black Mountain Market

In Black Mountain, the numbers of homes sold dropped 16%, but that decline can be attributed more to lack of supply than a falling market. Sales volume stayed steady despite the units sold drop which indicates that the average price increased, up 19% over 2016 year to date prices. With the meager change in the number of homes on the market, only a 1% increase over 2016 numbers, the tight supply continues. At mid-year, there were only 106 homes on the market, and 30 of those listed actually were under contract but had not yet closed.

Black Mountain Log Cabin for SaleThe average home price for homes sold to date in 2017, $294,642, has surpassed the record high that occurred in 2008, $286,926, prior to the severe economic issues and stock market decline. That price increase coupled with the steady sales price/list price ratio of 97% and the significant decrease in days on market (DOM) from 81 days to merely 64 days so far in 2017 are all further indications of the incredibly tight market right now in Black Mountain. As always, it’s important to add the caveat that Black Mountain is a small market sample. Interestingly, a look at Buncombe County numbers only solidifies these observations.

Buncombe County Market 

The number of homes sold in year-to-date in 2017, 1991, represents a small 1% increase over the same time period in 2016. At the same time, total sales volume has grown 10%, from $601.1 million to $659.5 million. The average home price has increased 9% in 2017 to $331,255, which is a solid increase. That rise in price is even more significant when you take a look at the average home price for the same period in 2009, $270,089. That’s a fairly impressive increase over a not very long time.

As we saw in the Black Mountain market analysis, the DOM has decreased, from 75 days in 2016 to 71 this year. Compare that with the 2009 DOM of 131 days. That means that homes sat on the market for almost 4.5 months in 2009, compared to just over 2 months in 2017. At the same time, the sales price/ list price (SP/LP) held steady in 2017 at 98%. It’s interesting to look back again to 2009, when SP/LP ran at 94%. And again, that tightening of asking versus sales price ratio can be attributed to a continuing shrinking of the houses on the market. Year-to-date 2017, there are 1921 units on the market, a 2% decrease in the market over 2016. And consider the number of units on the market in 2009 at this point in the year, 3406 homes. That number really illustrates what’s happened in the western NC housing market over the last few years. It’s a classic supply versus demand lesson, and, if you follow that theory, you can anticipate that prices will continue to rise as the market shrinks.

Conclusion

In Black Mountain and Buncombe County real estate markets, it’s anticipated that home prices will continue to rise. It will be interesting to see just how low supply will go. It’s notable that the decrease in units has slowed slightly in the last few months. In addition to an anticipated price increase, it’s also possible that DOM may further diminish as the competition for listed homes rises. It’s hard to imagine the SP/LP rising much more, but anecdotally, some buyers are finding themselves competing with other buyers for the same home. That may mean sales prices may begin to match or even surpass list prices. That bears watching over the next six to 10 months.

So, if you have a home you’ve been sitting on, waiting for the right time, it may be that time has arrived. It’s a good time to list your home and expect a relatively quick sale, if the home is appropriately priced. On the other hand, if you’re considering buying in the area, there are still plenty of fine homes on the market, just fewer of them than in prior years. If you’re buying, come ready to make an offer and do not anticipate that sellers are going to accept offers that are not fairly close in line with the asking price.

If you have questions about homes for sale in western NC, please contact Greybeard Realty. And if you’d like to track market trends, take a look at our Real Estate Market webpage. While the supply is smaller, Greybeard Realty still has plenty of Asheville area home listings to show you. In addition, there doesn’t appear to be any expected decline in prices for the short term. If you want to have a western NC home, now is the time to make the move. Let us know at Greybeard how we can help make that happen for you. We look forward to hearing from you.