$95,000
SOLD MAR 21, 2025

1184 Waterfall Ln Lenoir, NC 28645

1.4 Acres
$67,857 Price per Acre
60,984 Sq Ft Lot

Recently Sold

9% Below List Price

65 Days on Market

Highlights

  • Equestrian Center
  • Fishing
  • Gated Community
  • Fitness Center
  • Home fronts a pond
  • Views of Trees

About This Lot

As of March 2025

1.4 acres of Mother Nature's artwork at The Coves Mountain River Club. At the end of the Waterfall Lane culdesac, aptly named for the creeks and waterfalls on both sides of the street. Lot 235 is wooded and slopes gently; an old logging road takes you to the creek in back. By the creek is a trail that winds past waterfalls all the way to the Johns River, community vineyard, garden, picnic pavilion, and riverside barn. Build your cabin under the tree canopy by the creek or clear trees for more sun further up. The 3 bedroom septic permit has expired and a copy is in the associated documents. This amazing community has so much to offer the whole family! Enjoy a summer day at the saline pool. Kayak 5 miles of Johns River, on site. The grand post and beam clubhouse, located on one of the community’s highest peaks, has a full kitchen, pool table loft, fitness center, locker rooms, and viewing decks and porches to take in 360° views of the Blue Ridge Mountains, South Mountains, and Brushy Mountains. Additional amenities: 2 equestrian centers, Dog Park, Pickleball Courts, Putting Green, Fire Rings. Over 30 clubs to join. Planned activities and excursions, parties and more. Experience it all in a luxurious setting! The Coves is 3,200 acres and is gated just across the river from Pisgah National Forest. Charlotte and Asheville NC are 1.25 hr away. Wilson Creek, Lenoir, Blowing Rock, Morganton, and the Blue Ridge Parkway are minutes away. Builder and lender info is available.

Last Agent to Sell the Property

Jennifer Shattuck

Arrow Realty & Land Development Brokerage Phone: 828-572-7031 Listed on: 01/15/2025

Last Buyer's Agent

Stephenie Deesy

Mountainside Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $526

Lot Details

  • 1.4 Acre Lot
  • Home fronts a pond
  • Property fronts a private road
  • Wooded Lot

HOA Fees

  • $236 Monthly HOA Fees

Schools

  • Collettsville Elementary School
  • West Caldwell High School

Utilities

  • Underground Utilities
  • Not Connected to Water Source
  • Not Connected to Sewer
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Views of Trees
  • Equestrian Center

Listing and Financial Details

  • Long Term Rental Allowed
  • Tax Lot 235
  • Assessor Parcel Number 04-7-3235

Community Details

Overview

  • The Coves Mountain River Club Subdivision

Recreation

  • Pickleball Courts
  • Fitness Center
  • Community Pool
  • Fishing
  • Trails
  • Stream or River on Lot

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$526

Lot Details

0

HOA Fees

$236 per month

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 1.4
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: The Coves Mountain River Club
  • Property Sub Type Additional: Residential
  • Attribution Contact: 828-572-7031
  • Special Features: None

Exterior Features

  • Lot Features: Wooded
  • Pool Features: Community
  • Topography: Other,Sloping,SeeRemarks
  • View: Trees/Woods
  • View: Yes
  • Waterfront Features: Pond
  • Waterfront: No

Utilities

  • Sewer: Not Connected, Other, See Remarks
  • Utilities: Cable Available, Electricity Available, Underground Utilities, High Speed Internet Available
  • Water Source: Not Connected

Condo/Co-op/Association

  • Community Features: Clubhouse, Dog Park, Equestrian Community, Fitness Center, Fishing, Gated, Pickleball, Pool, River, Trails/Paths, Long Term Rental Allowed
  • Association Fee: 2834.72
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Collettsville School
  • High School: West Caldwell

Lot Info

  • Parcel #: 04-7-3235
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 526.43
  • Tax Book Number: 1803/7
  • Tax Lot: 235

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2025
Closed on
Mar 18, 2025
Sold by
Thomas Bryan W and Thomas Shannon H
Bought by
Robert L And Lori L Schaefer Joint Revocable and Schaefer
Seller's Agent
Jennifer Shattuck
Arrow Realty & Land Development
Buyer's Agent
Stephenie Deesy
Mountainside Realty, LLC
List Price
$104,900
Sold Price
$95,000
Premium/Discount to List
-$9,900
-9.44%
Views
10
Current Estimated Value
$196,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,435
Avg. Annual Appreciation
453.68%

Purchase Details

Closed on
Aug 22, 2012
Sold by
Johns Gamewell Llc
Bought by
Thomas Bryan W and Thomas Shannon H
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $95,000 None Listed On Document
Warranty Deed $95,000 None Listed On Document
Warranty Deed $87,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $747,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2025 03/22/25 Pending -- -- --
03/21/2025 03/21/25 Sold $95,000 -9.4% --
01/15/2025 01/15/25 For Sale $104,900 -- --
Source: High Country Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $537 $104,800 $104,800 $0
2024 $537 $69,900 $69,900 $0
2023 $537 $69,900 $69,900 $0
2022 $526 $69,900 $69,900 $0
2021 $526 $69,900 $69,900 $0
2020 $350 $45,600 $45,600 $0
2019 $350 $45,600 $45,600 $0
2018 $350 $45,600 $0 $0
2017 $350 $45,600 $0 $0
2016 $350 $45,600 $0 $0
2015 $337 $45,600 $0 $0
2014 $337 $45,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 253346

High Country Association of REALTORS®

APN: 04-7-3235