$875,000
- 4 Beds
- 2 Baths
- 3,595 Sq Ft
167 Wagon Wheel Ln, Deep Gap, NC 28618
Jo Jo Muldoon Howard Hanna Allen Tate Real Estate Blowing Rock
$875,000
167 Wagon Wheel Ln, Deep Gap, NC 28618
Jo Jo Muldoon Howard Hanna Allen Tate Real Estate Blowing Rock
$575,000
308 Lakeview Dr, Deep Gap, NC 28618
Terri Lockwood Howard Hanna Allen Tate Real Estate Blowing Rock
Deep Gap, North Carolina, is a rural community nestled in the High Country, known for its scenic vistas and outdoor adventures. This area, the birthplace of folk musician Arthel “Doc” Watson, is popular for vacation homes in the Blue Ridge Mountains. The community is accessible via U.S. Route 421, which connects it to the rest of Watauga County. Homes in Deep Gap are typically log cabins or mountain-style houses, often featuring porches and large windows to take in the views. The gated Powder Horn Mountain community offers amenities like a lake, hiking trails, and a clubhouse. Outdoor attractions abound, with the Blue Ridge Parkway providing access to hiking trails and scenic overlooks. Nearby, Elk Shoals New River State Park offers fishing, swimming, and paddling, while Appalachian Ski Mountain, about 15 miles away, caters to winter sports enthusiasts.
Deep Gap has a few local businesses, including Corbett’s Produce and Thompson Seafood and Country Cooking, but most shopping is done in Boone, 10 miles away. Boone also hosts Appalachian State University and serves as the commercial hub of the area. The local schools are highly rated, with Watauga County Schools, Parkway School, Watauga High, and Two Rivers Community School all receiving high marks. For higher education, Boone offers the CCC&TI – Watauga Campus and Appalachian State University.
Residents benefit from the community’s low crime risk compared to the national average. Deep Gap is still recovering from Hurricane Helene, which caused significant damage in 2024, but efforts to repair the Blue Ridge Parkway and other local attractions are ongoing.
On average, homes in Deep Gap, NC sell after 123 days on the market compared to the national average of 54 days. The median sale price for homes in Deep Gap, NC over the last 12 months is $350,000, down 9% from the median home sale price over the previous 12 months.
In Deep Gap, there are currently 2 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $575,000 to $875,000, there's a range to accomodate every budget. As of March, 2026 the median home price in Deep Gap is $257,500, while the average sale price is $336,522, offering insights into the local housing market. On average, multi-family homes spend 123 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Deep Gap, NC.