$599,000
SOLD MAR 31, 2025

262 Mason Rd Ellenboro, NC 28040

2 Beds
2.5 Baths
1,520 Sq Ft
12 Acres

Recently Sold

$394 Per Sq Ft

43 Days on Market

Highlights

  • Guest House
  • Private Lot
  • Cottage
  • Hilly Lot
  • Wooded Lot
  • Fireplace

About This Home

As of March 2025

Two separate Historic log cabins from 1812 were reassembled in 1991 atop this 12+ acre mountaintop. Mount Mitchell and Roan Mountain all the way in Tennessee are visible from the dining room. Both cabins have high ceilings, amazing views, and up to date amenities.
The guest cabin has operated as an Airbnb. Both cabins will come fully furnished, with the exception of a few items.
Both cabins share an elegant courtyard with hydrangeas, japanese maples, and flowers galore. A mini orchard sits below to supply you with peaches, blueberries, apples, pears and pecans.
Next door on the same parcel a 1.5 acre home site that has been cleared for a 2800 sqft home. Well and Septic permits exist and have already been approved by county.
This investment opportunity or mountain retreat is just over an hour from the CLT Airport, one hour to Asheville and 45 minutes to Lake Lure.
If quiet serenity is what you’re looking for or what you want for your guests, this could be the one!

Last Agent to Sell the Property

Scott Nelson

Looking Glass Realty AVL LLC Brokerage Email: snelson@lookingglassrealty.com License #318951 Listed on: 01/16/2025

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1991

Lot Details

  • Private Lot
  • Level Lot
  • Open Lot
  • Hilly Lot
  • Cleared Lot
  • Wooded Lot

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Cottage
  • Cabin
  • Wood Siding

Interior Spaces

  • 1,520 Sq Ft Home
  • 2-Story Property
  • Wired For Data
  • Fireplace

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Finished Basement

  • Walk-Out Basement
  • Crawl Space

Parking

  • 1 Carport Space
  • 6 Open Parking Spaces

Outdoor Features

  • Fire Pit
  • Shed

Additional Homes

  • Guest House
  • Separate Entry Quarters

Utilities

  • Central Heating and Cooling System
  • Ductless Heating Or Cooling System
  • Septic Tank

Community Details

  • Voluntary home owners association
  • Cherry Mountain Poa, Phone Number (828) 245-0369
  • Cherry Mountain Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 513250

Home Details

Home Type

Single Family

Year Built

Built in 1991

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin, Cottage
  • Year Built: 1991
  • Second Living Quarters: Exterior Not Connected,Guest House,Separate Entrance,Separate Living Quarters,Separate Utilities
  • Road Surface Type: Gravel, Concrete
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 268.25
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: snelson@lookingglassrealty.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Crawl Space
  • Fireplace: Yes
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1520
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Gas Range, Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 1520
  • Has Basement: Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1520
  • Bedroom Main: 0
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • Exterior Features: Fire Pit, Storage
  • New Construction: No
  • Roof: Wood
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Wood
  • Other Structures: Shed(s)

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Parking Features: Parking Space(s)

Utilities

  • Heating: Central, Ductless
  • Sewer: Septic Installed
  • Laundry Features: In Basement
  • Cooling: Central Air, Ductless
  • Utilities: Wired Internet Available
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Voluntary
  • Senior Community: No
  • Association Name: Cherry Mountain POA
  • Phone: 828-245-0369
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 300.00

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Features: Cleared, Orchard(s), Hilly, Level, Open Lot, Private, Sloped, Wooded, Views
  • Lot Size Units: Acres
  • Parcel Number: 513250
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RES

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2025
Closed on
Mar 25, 2025
Sold by
Forkum Joseph Ray and Rintoul Cassandra
Bought by
Pavlov Donald Andrew and Ohagan Kailey E
Seller's Agent
Scott Nelson
Looking Glass Realty AVL LLC
Buyer's Agent
Non Member
Canopy Administration
List Price
$599,000
Sold Price
$599,000
Views
62
Current Estimated Value
$631,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,960
Avg. Annual Appreciation
6.28%
Original Mortgage
$569,050
Outstanding Balance
$566,137
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$65,823

Purchase Details

Listed on
May 5, 2023
Closed on
Jun 8, 2023
Sold by
Srader Alan Dale and Srader Annette Sue
Bought by
Forkum Joseph Ray and Rintoul Cassandra
Seller's Agent
Scott Nelson
Looking Glass Realty AVL LLC
Buyer's Agent
Scott Nelson
Looking Glass Realty AVL LLC
List Price
$550,000
Sold Price
$572,000
Premium/Discount to List
$22,000
4%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.58%

Purchase Details

Closed on
Sep 21, 2020
Sold by
Wiseman Peggy Gaston and Wiseman David Reid
Bought by
Srader Alan Dale and Srader Annette Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2004
Bought by
Wiseman Peggy Gaston and Floyd Michael
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $599,000 None Listed On Document
Warranty Deed $572,000 None Listed On Document
Warranty Deed $365,000 None Available
Deed $220,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $569,050 New Conventional
Previous Owner $292,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2025 03/31/25 Sold $599,000 0.0% $394 / Sq Ft
02/12/2025 02/12/25 For Sale $599,000 0.0% $394 / Sq Ft
02/07/2025 02/07/25 Off Market $599,000 -- --
01/16/2025 01/16/25 For Sale $599,000 +4.7% $394 / Sq Ft
06/08/2023 06/08/23 Sold $572,000 +4.0% $376 / Sq Ft View Prior Sale
05/05/2023 05/05/23 Pending -- -- --
05/05/2023 05/05/23 For Sale $550,000 -- $362 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $3,086 $448,000 $65,700 $382,300
2024 $29 $448,000 $65,700 $382,300
2023 $2,253 $448,000 $65,700 $382,300
2022 $2,253 $271,000 $65,700 $205,300
2021 $2,243 $271,000 $65,700 $205,300
2020 $1,782 $209,600 $65,700 $143,900
2019 $1,766 $209,600 $65,700 $143,900
2018 $1,599 $191,700 $62,000 $129,700
2016 $1,595 $191,700 $62,000 $129,700
2013 -- $191,700 $62,000 $129,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4212859

Canopy MLS (Canopy Realtor® Association)

APN: 513250

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