$775,000
SOLD AUG 22, 2025

140 Split Rail Ln Blowing Rock, NC 28605

4 Beds
3.5 Baths
4,178 Sq Ft
2.88 Acres

Recently Sold

$185 Per Sq Ft

3% Below List Price

112 Days on Market

Highlights

  • 2.88 Acre Lot
  • Mountain View
  • 2 Fireplaces
  • Blowing Rock Elementary School Rated A
  • Traditional Architecture
  • No HOA

About This Home

As of August 2025

Investor and visionary special! This fabulous diamond in the rough home is ready for your vision. Conveniently between Boone and Blowing Rock, this spacious home offers over 4,000 square feet of living area, ideal for those looking to create their dream home or invest in a promising property. The kitchen is a cook's delight, featuring beautiful stainless steel appliances, double ovens, ample counter space, cabinetry, and a built-in pantry with a floor-to-ceiling Lazy Susan. Enjoy your morning coffee on the private deck off the kitchen and dining area. The sunken great room boasts cathedral ceilings and a wood-burning freestanding stove surrounded by stone, adding warmth and character to the space. Relax on the covered front porch or make the most of the gently sloping yard, ideal for gardening enthusiasts. The property includes an additional one-acre parcel (PIN #2819241375000) extending down to Payne Branch Road, ensuring privacy and protecting against future building in that area. This means the property sits on just under three acres and provides an alternative access point. The walkout basement features a fabulous downstairs area, ideal for a game or entertainment room, home office or additional sleeping area complete with a large bath. There is also a large storage area in the basement that could also be used as a workshop. The huge main bedroom is light and bright with an impressive primary bath and walk-in closets. All bedrooms are spacious with plenty of closet space, and there's a large recreation/bonus room upstairs. Enjoy beautiful mountain views and much more. This home is bursting with potential and ready for your touch. Don't miss this incredible opportunity to transform this hidden gem into your dream home. Please note discrepancy in tax record square footage and professional measurements.

Last Agent to Sell the Property

Jessica Auten

Premier Sotheby's International Realty- Banner Elk Brokerage Phone: 828-406-2937 Listed on: 05/02/2025

Premier Sotheby's International Realty- Banner Elk

Last Buyer's Agent

Virginia Powell

Blowing Rock Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,215

Year Built

  • Built in 1986

Lot Details

  • 2.88 Acre Lot
  • Property fronts a private road

Property Views

  • Mountain
  • Seasonal

Home Design

  • Traditional Architecture
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 4-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Crawl Space

Kitchen

  • Double Oven
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • No Garage
  • Driveway

Schools

  • Blowing Rock Elementary School
  • Watauga High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Shared Well
  • Septic Tank
  • Septic System
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 2819-24-1418-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,215

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.88
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 3678.0
  • Architectural Style: Traditional
  • Garage Yn: No
  • Building Stories: 4
  • Year Built: 1986
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: 828-406-2937
  • General Property Information Below Grade Unfinished Area: 252.0
  • Special Features: VirtualTour
  • Stories: 4

Interior Features

  • Appliances: Double Oven, Dryer, Dishwasher, Gas Range, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 500.0
  • Fireplace Features: Two, Gas, Vented, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 4178.0
  • Stories: 4

Exterior Features

  • View: Mountain(s), Seasonal View
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding, Wood Frame
  • Roof: Metal

Garage/Parking

  • Parking Features: Asphalt, Driveway, No Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Sewer: Septic Permit 4 Bedroom, Septic Tank
  • Utilities: High Speed Internet Available, Septic Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association: No

Schools

  • Elementary School: Blowing Rock
  • High School: Watauga

Lot Info

  • Parcel #: 2819-24-1418-000

Tax Info

  • Tax Annual Amount: 3215.0
  • Tax Book Number: 1643/475

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2025
Closed on
Aug 22, 2025
Sold by
Weiner Benno R and Obrien Mary Margaret
Bought by
Marjomo Llc
Seller's Agent
Jessica Auten
Premier Sotheby's International Realty- Banner Elk
Buyer's Agent
Virginia Powell
Blowing Rock Real Estate, LLC
List Price
$797,900
Sold Price
$775,000
Premium/Discount to List
-$22,900
-2.87%
Views
124
Current Estimated Value
$796,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,183
Avg. Annual Appreciation
9.09%
Original Mortgage
$700,000
Outstanding Balance
$699,394
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$96,789

Purchase Details

Listed on
Aug 3, 2011
Closed on
Jul 13, 2012
Sold by
Grasinger Samuel C and Grasinger Samuel C
Bought by
Welner Bennor and Brien Mary Margaret A O
Seller's Agent
Susan Navarro
Green Property Group
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.26%
Original Mortgage
$280,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2009
Sold by
Grasinger John L and Grasinger Cecilia F
Bought by
Grasinger Samuel C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2007
Sold by
Sanchez Jane
Bought by
Ccb Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,500
Interest Rate
6.16%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $775,000 None Listed On Document
Warranty Deed $350,000 None Available
Interfamily Deed Transfer -- --
Warranty Deed $465,000 --
Warranty Deed $300,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $700,000 New Conventional
Previous Owner $280,000 New Conventional
Previous Owner $417,000 New Conventional
Previous Owner $347,500 Construction
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/22/2025 08/22/25 Sold $775,000 -2.9% $185 / Sq Ft
05/02/2025 05/02/25 For Sale $797,900 +128.0% $191 / Sq Ft
07/19/2012 07/19/12 Sold $350,000 0.0% $83 / Sq Ft View Prior Sale
06/19/2012 06/19/12 Pending -- -- --
08/03/2011 08/03/11 For Sale $350,000 -- $83 / Sq Ft
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 $3,090 $790,200 $40,300 $749,900
2024 $3,090 $790,200 $40,300 $749,900
2023 $3,067 $790,200 $40,300 $749,900
2022 $3,067 $790,200 $40,300 $749,900
2021 $1,733 $357,100 $36,600 $320,500
2020 $1,733 $357,100 $36,600 $320,500
2019 $1,733 $357,100 $36,600 $320,500
2018 $1,555 $357,100 $36,600 $320,500
2017 $1,555 $357,100 $36,600 $320,500
2013 -- $363,100 $30,300 $332,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 255255

High Country Association of REALTORS®

APN: 2819-24-1418-000