$28,500
$7K PRICE DROP

47 Wedgewood Terrace Unit 1201 Black Mountain, NC 28711

Estimated payment $389/month

Total Views 8,099
0.76 Acre
$37,500 Price per Acre
33,106 Sq Ft Lot

Highlights

  • Gated Community
  • Clubhouse
  • Level Lot
  • Mountain View
  • Wooded Lot

About This Lot

Incredible building lot in Laurel Ridge! This is one of the flattest lots in the neighborhood. The lot is ideal for a house tucked near the back of the lot, ensuring privacy and beautiful seasonal views! The views are south-facing, making this a perfect option for passive or active solar and ensuring lots of natural light year-round!

Just 2 parcels away is the Laurel Ridge community building and fire station. In addition to underground power, Laurel Ridge has water from nearby Lake Burnette (one of Asheville's reservoirs) and buried fiber (SkyRunner). Laurel Ridge owns the water system within the community.

Laurel Ridge is a beautiful mountain community ideal for permanent residences, second homes, and short-term rentals. Some roads were damaged by Helene and are currently under repair. Expired septic permit on file for 3-bedrooms, but a new soil scientist report is on file. Don't miss this opportunity for a well-priced lot with great topography!

Listing Agent

Scott Russell

Howard Hanna Beverly-Hanks Freestone Properties Brokerage Email: scott.russell@allentate.com License #246481 Listed on: 02/22/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $417

Lot Details

  • Property fronts a private road
  • Level Lot
  • Wooded Lot
  • Possible uses of the property include Residential
  • Property is zoned OU

HOA Fees

  • $204 Monthly HOA Fees

Property Views

  • Mountain Views

Schools

  • Black Mountain Elementary School
  • Charles D Owen Middle School
  • Charles D Owen High School

Utilities

  • Underground Utilities
  • Septic Needed
  • Fiber Optics Available

Listing and Financial Details

  • Assessor Parcel Number 9791-95-9333-00000

Community Details

Overview

  • Laurel Ridge Subdivision
  • Mandatory home owners association

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$417

Lot Details

0

HOA Fees

$204 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Architectural Review,Short Term Rental Allowed
  • Special Assessment Yn: 1
  • Special Assessment Description: Helene
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Geocode Confidence: High
  • Attribution Contact: scott.russell@allentate.com
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Residential

Exterior Features

  • View: Long Range, Mountain(s), Winter
  • Foundation Details Proposed: Crawl Space

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Septic Needed
  • Utilities: Fiber Optics, Underground Power Lines, Underground Utilities
  • Water Source: City, Other - See Remarks

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated
  • Association Fee: 2450
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association: Yes

Association/Amenities

  • Association Annual Expense: 2450.00

Schools

  • Middle Or Junior School: Charles D Owen
  • HOA Subject To: Required

Lot Info

  • Lot Features: Level, Wooded, Views
  • Lot Size Units: Acres
  • Parcel Number: 9791-95-9333-00000
  • Zoning: OU
  • Plat Book Slide: 75/16
  • Can Be Subdivided: 0
  • Zoning Specification: OU

MLS Schools

  • Elementary School: Black Mountain
  • High School: Charles D Owen

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $417 $66,700 $66,700 --
2024 $417 $66,700 $66,700 --
2023 $417 $66,700 $66,700 $0
2022 $397 $66,700 $0 $0
2021 $397 $66,700 $0 $0
2020 $433 $66,700 $0 $0
2019 $433 $66,700 $0 $0
2018 $433 $66,700 $0 $0
2017 $426 $52,400 $0 $0
2016 $368 $52,400 $0 $0
2015 $368 $52,400 $0 $0
2014 $368 $52,400 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2025 08/30/25 Price Changed $28,500 -1.7% --
07/24/2025 07/24/25 Price Changed $29,000 -17.1% --
02/22/2025 02/22/25 For Sale $35,000 -- --
Source: Canopy MLS (Canopy Realtor® Association)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Chicago Title
Gift Deed -- --
Source: Public Records

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4224463

Canopy MLS (Canopy Realtor® Association)

APN: 9791-95-9333-00000