$532,500
SOLD NOV 21, 2025

261 W Ridge Dr Ferguson, NC 28624

2 Beds
2 Baths
1,626 Sq Ft
2 Acres

Recently Sold

$327 Per Sq Ft

11% Below List Price

83 Days on Market

Highlights

  • Equestrian Center
  • Home fronts a pond
  • Vaulted Ceiling
  • Fishing
  • Gated Community
  • Mountain Architecture

About This Home

As of November 2025

Now is the time to get that mountain home you have always dreamed of!! This wonderful 2 bedroom, 2 bath home is located in the gated community of Leatherwood Mountains and is now available for purchase. "Crossroads" as it is lovingly known, has the charm of a mountain getaway and also the functionality of a full-time residence. Though this home has not been on the well-established rental program at Leatherwood for the last 5 years, it could be ready to produce supplemental income immediately. The home is being offered fully furnished and could be a turn-key opportunity for a short-term rental. Multiple decks, covered, open, and screened, give many options for enjoying the outdoors surrounded by trees and nature. The current owner fenced in the back yard providing a great place for pets to get out and stretch their legs. The fireplace is the centerpiece of the large open living area, stretching all the way to the ceiling. The fireplace is currently set up for propane logs but could be transformed back to wood-burning with minimal effort. Both of the bedrooms have large walk-in closets and spacious bathrooms. Both of the bathrooms are equipped with a garden tub as well as a separate shower. Double sinks give everyone plenty of space in the bathrooms without being on top of each other. The loft area of this house overlooks the spacious living area and could be used for an office space, game room, or simply a second sitting area. There is plenty of space for a pull-out couch or even a bed in this loft. The oversized windows throughout the house provide plenty of light and help bring the outside in! The open deck is built and wired for the addition of a hot tub... original owner did have a hot tub here in the past. The wooden cabinetry, floors, and accents inside this home have to be seen to be appreciated. If you love a mountain feel, perched in the woods, with hiking trails right out of your back door, then this may be the home for you. In addition to the almost 50 miles of horseback and hiking trails, Leatherwood Mountains has many amenities to offer. Property owners can enjoy the community pool, tennis and pickleball courts, a community pavilion, two fishing ponds, a children's playground, and more! The retail businesses located at the entrance to the community include a campground, state-supported trout waters, a seasonal restaurant, extensive equestrian facilities, a guided horseback riding program, and a newly opened Canopy Zipline course. Come and see this Leatherwood home, where "the stars are our streetlights".. This is a thriving community with a lot to offer! In addition to the stated amenities the businesses at the entrance give all kinds of social opportunities including live music, small festivals, equestrian events, and plenty for the kids. Be it a vacation home or for a lifetime, Leatherwood Mountains has so much to offer it simply can't all be stated here. This is a fantastic home being offered at a very good price.... Schedule a time to come and see it now, as it may be gone tomorrow!

Last Agent to Sell the Property

Trevor Whitson

Leatherwood Mountains Homes & Sales, Llc. Brokerage Phone: (336) 973-5028 Listed on: 07/29/2025

Last Buyer's Agent

Trevor Whitson

Leatherwood Mountains Homes & Sales, Llc. Brokerage Phone: (336) 973-5028 Listed on: 07/29/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,089

Year Built

  • Built in 2007

Lot Details

  • 2 Acre Lot
  • Home fronts a pond
  • Property fronts a private road
  • Partially Fenced Property
  • Zoning described as R1

HOA Fees

  • $183 Monthly HOA Fees

Home Design

  • Mountain Architecture
  • Wood Frame Construction
  • Metal Roof
  • Hardboard
  • Stone

Interior Spaces

  • 1,626 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Stone Fireplace
  • Propane Fireplace
  • Crawl Space

Kitchen

  • Convection Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Soaking Tub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • No Garage
  • Private Parking
  • Gravel Driveway

Outdoor Features

  • Covered Patio or Porch

Schools

  • Boomer-Ferguson Elementary School
  • Central Wilkes Middle School
  • Wilkes Central High School

Horse Facilities and Amenities

  • Equestrian Center
  • Horses Allowed On Property

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Heating System Uses Wood
  • Heat Pump System
  • Hot Water Heating System
  • Shared Well
  • Septic Tank
  • Septic System
  • High Speed Internet

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Assessor Parcel Number 2867-55-1807

Community Details

Overview

  • Leatherwood Subdivision

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Community Pool
  • Fishing
  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,089

Year Built

Built in 2007

Lot Details

0

HOA Fees

$183 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.0
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Leatherwood
  • Above Grade Finished Sq Ft: 1626.0
  • Architectural Style: Mountain
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2007
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: (336) 973-5028
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Convection Oven, Dryer, Dishwasher, Electric Cooktop, Disposal, Microwave, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Other, See Remarks, Stone, Propane
  • Fireplace: Yes
  • Interior Amenities: Furnished, Vaulted Ceiling(s)
  • Living Area: 1626.0
  • Stories: 2

Exterior Features

  • Fencing: Partial
  • Pool Features: Community
  • Waterfront Features: Pond
  • Home Warranty: No
  • Construction Type: Hardboard, Stone, Wood Frame
  • Exterior Features: Fence, Gravel Driveway
  • Patio And Porch Features: Covered, Multiple, Open
  • Roof: Metal

Garage/Parking

  • Parking Features: Concrete, Driveway, Gravel, No Garage, Private

Utilities

  • Laundry Features: Main Level
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Fireplace(s), Gas, Heat Pump, Hot Water, Wood
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: High Speed Internet Available, Septic Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Equestrian Community, Fishing, Gated, Pickleball, Pool, Tennis Court(s), Trails/Paths, Long Term Rental Allowed, Short Term Rental Allowed
  • Association Fee: 2200.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Boomer-Ferguson
  • High School: Wilkes Central
  • Middle Or Junior School: Central Wilkes

Lot Info

  • Horse Amenities: Horses Allowed
  • Parcel #: 2867-55-1807
  • Zoning Description: R1

Tax Info

  • Tax Annual Amount: 2089.47
  • Tax Book Number: 1293/304

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2025
Closed on
Nov 21, 2025
Sold by
Ocean Aspect Limited
Bought by
Roche Timothy Louis and Roche Kimberly Debnam
Seller's Agent
Trevor Whitson
Leatherwood Mountains Homes & Sales, Llc.
Buyer's Agent
Trevor Whitson
Leatherwood Mountains Homes & Sales, Llc.
List Price
$595,000
Sold Price
$532,500
Premium/Discount to List
-$62,500
-10.5%
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
118.44%
Original Mortgage
$532,500
Outstanding Balance
$532,500
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$47,791

Purchase Details

Closed on
Oct 23, 2019
Sold by
Schulz William E and Schulz Rochelle
Bought by
Ocean Aspect Limited
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $532,500 None Listed On Document
Warranty Deed $300,000 Ferree Russell F
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $532,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2025 11/21/25 Sold $532,500 -10.5% $327 / Sq Ft
10/20/2025 10/20/25 Pending -- -- --
07/29/2025 07/29/25 For Sale $595,000 -- $366 / 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
2024 $4,179 $274,930 $49,750 $225,180
2023 $2,058 $274,930 $49,750 $225,180
2022 $2,058 $274,930 $49,750 $225,180
2021 $1,990 $265,870 $49,750 $216,120
2020 $2,021 $265,870 $49,750 $216,120
2019 $202,061 $265,870 $49,750 $216,120
2018 $1,989 $258,320 $0 $0
2017 $1,989 $258,320 $0 $0
2016 $1,989 $258,320 $0 $0
2015 $2,041 $258,320 $0 $0
2014 $2,041 $258,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 257134

High Country Association of REALTORS®

APN: 0700823