Transylvania County NC Homes for Sale

• 

  

  

  /33

  $225,000

  • Land
  • 2.74 Acres
  • $82,117 per Acre

  Lot 135 Rock House Falls Ln, Sapphire, NC 28774

  Tucked away in the meticulously maintained community of Burlingame, this stunning 2+ acre wooded lot features a peaceful stream, providing an idyllic setting for your future residence. This buildable property is situated on a quiet street with only a few neighboring homes. The area is abundant in natural beauty, showcasing the Horsepasture River, picturesque nature trails, stunning waterfalls,

  Kelly Ramsay Howard Hanna Allen Tate - Cashiers

  Lot 135 Rock House Falls Ln, Sapphire, NC 28774
• 

  

  

  /30

  $300,000

  • Land
  • 3.54 Acres
  • $84,746 per Acre

  999 Big Hill Rd, Brevard, NC 28712

  Discover a hidden gem nestled within the Big Hill community in Brevard, NC—a magnificent 3.54-acre wooded lot that promises an enchanting retreat. Immerse yourself in the breathtaking beauty of nature as you gaze upon the awe-inspiring 180-degree western views, capturing the splendor of the setting sun. The landscape unfolds before your eyes, revealing a tapestry of layered mountain views, each

  Billy Harris Howard Hanna Beverly-Hanks Brevard South

  

  999 Big Hill Rd, Brevard, NC 28712
• 

  

  

  /24

  $120,000

  • Land
  • 6.85 Acres
  • $17,518 per Acre

  TBD Still Branch Rd Unit L20, Brevard, NC 28712

  Nestled in a quiet natural setting, this parcel offers the perfect balance of privacy and convenience. Located just minutes from Brevard’s vibrant downtown and the trails of DuPont State Forest, it combines accessibility with a true mountain feel. A lively stream flows through the property, enhanced by the joining of two smaller creeks, creating a soothing backdrop year-round. Towering hardwoods

  Amy Fisher Fisher Realty - 10 Park Place

  

  TBD Still Branch Rd Unit L20, Brevard, NC 28712
• 

  

  

  /30

  $315,000

  • 2 Beds
  • 2 Baths
  • 1,336 Sq Ft

  110 Lakeview Ct Unit 1104, Brevard, NC 28712

  Welcome to Waterford Place, one of Brevard’s most sought-after communities, where comfort, convenience, and culture come together in a peaceful, pond-side setting. This 2-bedroom, 2-bath second-story condo offers easy, single-level living with a thoughtful layout and tranquil views. The generously sized living and dining area is designed for both relaxation and entertaining, with an abundance of

  Mary Ramsaur RE/MAX Land of the Waterfalls

  

  110 Lakeview Ct Unit 1104, Brevard, NC 28712
• 

  

  

  /17

  $440,230

  • Land
  • 23.17 Acres
  • $19,000 per Acre

  00 King Rd, Pisgah Forest, NC 28768

  One of the limited remaining unrestricted properties in this area, offering long-range mountain views of 180 degrees or more. This tract provides excellent privacy, creek frontage, wooded acreage, and multiple potential building sites. The land is suitable for a private estate, family compound, or possible development, depending on your needs and vision. Located just minutes from Hwy 280, the

  Carl Brown BluAxis Realty

  

  00 King Rd, Pisgah Forest, NC 28768
• 

  

  /48

  $1,350,000

  • 4 Beds
  • 3 Baths
  • 2,941 Sq Ft

  100 Ashton Ln, Brevard, NC 28712

  Welcome to this private, fully remodeled (2025-2026) exceptional 2.2 acre end-of-private street estate. No city taxes and no HOA fees-just peace, privacy and effortless access to downtown shopping, events, restaurants, top schools, and the local racket club. Thoughtful custom-high end details include gorgeous hardwood flooring and abundant natural lighting for comfortable everyday living and easy

  Susan Campbell Petit Properties Inc

  

  100 Ashton Ln, Brevard, NC 28712
• 

  

  /22

  $250,000

  • Land
  • 1.18 Acres
  • $211,864 per Acre

  J 29 Cherokee Trace, Lake Toxaway, NC 28747

  Welcome to this stunning vacant lot located on the prestigious Lake Toxaway Country Club's golf course!This incredible property boasts a prime location right on the golf course, offering breathtaking views of the greens and fairways. The lot is surrounded by beautiful native hardwood trees & green shrubs,providing a serene and picturesque setting. Imagine waking up to the gentle sounds of nature

  Will Heinitsh Lake Toxaway Company

  J 29 Cherokee Trace, Lake Toxaway, NC 28747
• 

  

  /27

  $185,000

  • Land
  • 3.98 Acres
  • $46,482 per Acre

  667 Laurel Thicket Ln, Brevard, NC 28712

  Enjoy complete privacy and long range mountain views form almost 4 acres. Gravel drive is installed leading to a gentle cleared homes site that sits just above 2700 feet elevation looking out towards Sassafras Mountain to the south. Only 20 minutes from Brevard or Dupont State Forest, it's adjacent to Headwaters State Park. Enjoy trout fishing along the East Fork River and hiking in Dupont

  Billy Harris Howard Hanna Beverly-Hanks Brevard South

  

  667 Laurel Thicket Ln, Brevard, NC 28712
• 

  

  /12

  $399,000

  • Land
  • 0.93 Acre
  • $429,032 per Acre

  TBD Trailside Ct, Brevard, NC 28712

  A rare opportunity to own lakeside lots in beautiful Straus Park, near Brevard, NC, this is the perfect property to build your mountain dream home. Straus Park is noted for its beauty, serenity and natural setting among tree-lined streets and large open meadows. The property is on Straus Lake, a brief stroll to the luxury Lake House, pool, tennis courts, and numerous trails and sidewalks.

  Woody Platt Witherspoon Platt Associates

  

  TBD Trailside Ct, Brevard, NC 28712
• 

  

  /36

  $100,000

  • Land
  • 3.4 Acres
  • $29,412 per Acre

  9999 Sassafras Rd Unit 4, Cedar Mountain, NC 28718

  Beautiful laying property with hardwoods located only 1 mile from Dupont State Forest Fawn Lake parking area. DuPont Forest offers 10,000 acres and 90 miles on multi use hiking and biking trails. Great winter views and year-round views with some light clearing. A Neighborhood of established homes 20 mins from Brevard. Don't miss your chance to be located in Cedar Mountain.

  Billy Harris Howard Hanna Beverly-Hanks Brevard South

  

  9999 Sassafras Rd Unit 4, Cedar Mountain, NC 28718
• 

  

  /30

  $16,000

  • Land
  • 0.84 Acre
  • $19,048 per Acre

  282 Pine Cone Ct, Sapphire, NC 28774

  Discover the perfect canvas for your mountain retreat in the heart of Sapphire Valley. Tucked away at the end of a peaceful cul-de-sac in the private community of Whisper Lake, this 0.84-acre lot offers the ideal blend of serenity, scenery, and possibility. With sweeping views of the surrounding ridgeline and a three-bedroom improvement septic permit already on file with Transylvania County, your

  Nicole Ernst Keller Williams Great Smokies

  282 Pine Cone Ct, Sapphire, NC 28774
• 

  

  /41

  $449,900

  • 3 Beds
  • 2 Baths
  • 1,350 Sq Ft

  522 Calvert Rd, Brevard, NC 28712

  This sweetheart of a home just got sweeter! Beautifully updated farmhouse blends old school quality and modern sensibility with country living, beautiful mountain views, AND a great location near downtown Brevard! Let's start with the renovated interior with new Hickory flooring in the open concept living/dining area, kitchen, and guest bedrooms. Couple that with an updated kitchen and baths, new

  Brad Whitesell Whitesell Real Estate Group

  

  522 Calvert Rd, Brevard, NC 28712
• 

  

  /26

  $150,000

  • Land
  • 1.17 Acres
  • $128,205 per Acre

  J 33 Cherokee Point, Lake Toxaway, NC 28747

  Prime golf course lot in prestigious Lake Toxaway Estates! Situated on the 12th hole with gentle topography, this easy-to-build lot offers privacy, native hardwoods, and serene views. Enjoy the peace of a quiet cul-de-sac while being just minutes from the Lake Toxaway Country Club. An active 4-bedroom septic permit is already on file, making this the perfect site for your mountain retreat.

  Will Heinitsh Lake Toxaway Company

  J 33 Cherokee Point, Lake Toxaway, NC 28747
• 

  

  /33

  $75,000

  • Land
  • 3.04 Acres
  • $24,671 per Acre

  TBD Top of the Mountain Rd, Penrose, NC 28739

  Tucked away on a quiet gravel road halfway between Hendersonville and Brevard, this 3.04-acre mountain retreat offers the perfect blend of privacy and convenience. Surrounded by mature woods and natural beauty, the property features a landscape with a desirable flat build site—ideal for your dream home or getaway cabin.With some selective tree clearing or trimming, you can open up stunning

  Amanda Jonnala Looking Glass Realty

  

  TBD Top of the Mountain Rd, Penrose, NC 28739
• 

  

  /24

  $475,000

  • Land
  • 10.22 Acres
  • $46,477 per Acre

  TBD Cedar Ln, Brevard, NC 28712

  Develop your own private estate with no zoning or restrictions. This 10 plus acreage has an easement to Cedar Lane with is a state maintained road. Excellent build site at the top with potential views of Rich Mountain, the Parkway and to the East. A well traveled trail runs along the top side of the property. Just minutes to Dupont State Forest and Caesar's Head, the location could not be better.

  Jennifer Merrell RE/MAX Land of the Waterfalls

  

  TBD Cedar Ln, Brevard, NC 28712
• 

  

  /38

  $30,000

  • Land
  • 0.62 Acre
  • $48,387 per Acre

  Lot 10 Joshua Rd, Brevard, NC 28772

  Views! Views! Views! If you are looking for and absolutely beautiful lot that is off the beaten path, this one is for you. High atop a knoll in Joshua Summit is lot 10. It boasts Northern views of the Blue Ridge Parkway, Western Views of Hogback Mountain, and Eastern Views of the Headwaters State Park. The topography of this lot makes it very usable and an easy build. The minimum square footage

  Billy McCoy RE/MAX Land of the Waterfalls

  

  Lot 10 Joshua Rd, Brevard, NC 28772
• 

  

  /19

  $150,000

  • Land
  • 0.56 Acre
  • $267,857 per Acre

  TBD Adayahi Ct Unit 14/25, Brevard, NC 28712

  Bring your plans and paddleboard to this prime lake lot in coveted Connestee Falls. Welcome to Adayahi Court, nestled on a quiet street behind the community gardens this 0.56 acre lot is conveniently located near the Walnut Hollow Gate. The builders assessing this lot believe the ideal build site on this generally sloping lot would be immediately off of the street near utility box or on/near the

  Katie Conley Looking Glass Realty, Connestee Falls

  

  TBD Adayahi Ct Unit 14/25, Brevard, NC 28712
• 

  

  /32

  $395,000

  • 1 Bed
  • 1 Bath
  • 984 Sq Ft

  261 Maga Ln, Brevard, NC 28712

  Tucked away on a private, secluded lot, this beautifully crafted 2025-built cabin offers the perfect blend of modern comfort and peaceful natural surroundings, an ideal mountain getaway. A gently flowing creek adds to the serene setting, creating a true escape from the everyday. Inside, you’ll find hardwood floors throughout and stunning tongue-and-groove vaulted ceilings that elevate the

  Hunter Reese Petit Properties Inc

  

  261 Maga Ln, Brevard, NC 28712
• 

  

  /12

  $149,000

  • Land
  • 1.07 Acres
  • $139,252 per Acre

  TM I 57 Toxaway Ct, Lake Toxaway, NC 28747

  Wooded mountain lot in the Lake Toxaway Estates ideally suited for your building needs. This property is perfectly situated along Toxaway Court and Toxaway Trace, convenient to the Country Club, Golfing, Tennis and the Marina.

  Kenneth McCall Lake Toxaway Company

  TM I 57 Toxaway Ct, Lake Toxaway, NC 28747
• 

  

  /12

  $2,900,000

  • Land
  • 1.53 Acres
  • $1,895,425 per Acre

  D51-52 N Club Blvd, Lake Toxaway, NC 28747

  Two adjoining lake front lots on beautiful Lake Toxaway. Conveniently located near LTCC, golf course and marina and ready to build. Artfully crated seawall is in place including foundation for future boathouse. Engineered septic and building locations available for two lakefront homes. With 0.76 acre for one lot and 0.77 for the second we have a combined total of 1.53 acres with 300+ feet of lake

  Hazel Fisher Hazel R. Fisher and Associates

  D51-52 N Club Blvd, Lake Toxaway, NC 28747
• 

  

  /11

  $299,000

  • Land
  • 6.84 Acres
  • $43,713 per Acre

  TBD Cedar Ln, Brevard, NC 28712

  Here is your chance to create your dream home on 6.84 unrestricted acres in the serene Cedar Mountain community. Gravel road frontage is mostly level and straight and maintained by the state. An old gravel road bed with a gentle slope, culvert and ditches will take you to a potential build site to the right on a level knoll. With some grading work for a short driveway and some clearing, you will

  Jennifer Merrell RE/MAX Land of the Waterfalls

  

  TBD Cedar Ln, Brevard, NC 28712
• 

  

  /31

  $28,750

  • Land
  • 0.69 Acre
  • $41,667 per Acre

  L 3 Sweetwater Ridge Rd, Balsam Grove, NC 28708

  In the private community of Sweetwater Ridge, you will find a number of reasons to consider Lot 3 as your next build site. Lot 3 is conveniently located near the entrance, just across from a steady flowing creek and community common area. Enjoy your privacy and proximity to some of the best Blue Ridge Parkway overlooks--and, the fly fishing isn't too bad either as you can hit multiple sections of

  Jake Raines Petit Properties Inc

  

  L 3 Sweetwater Ridge Rd, Balsam Grove, NC 28708
• 

  

  /5

  $41,000

  • Land
  • 1.26 Acres
  • $32,540 per Acre

  91 Laurel Thicket Ln, Brevard, NC 28712

  This Big Hill homesite directly adjoins Headwaters State Forest and has mountain views. Its convenient location puts you just a short distance away from the charming downtown area of Brevard, renowned for its vibrant arts scene, local shops, restaurants, and cultural events.Whether you are planning to build your forever home or create a vacation retreat, this homesite in the Big Hill neighborhood

  Billy Harris Howard Hanna Beverly-Hanks Brevard South

  

  91 Laurel Thicket Ln, Brevard, NC 28712
• 

  

  /38

  $718,000

  • Land
  • 60 Acres
  • $11,967 per Acre

  313 Line Runner Ridge Rd, Rosman, NC 28772

  60 Acres - 4 House Ready Lots Streams, Views & Development Potential Land subdivided into 5 lots, w/ 4 sites improved w/ septic, water, & electric. 5th lot has approved septic permit & offers a waterfall view. Permits found at Transylvania County permitting system. The land feat. 3 spring-fed streams that originate or cross the property, eventually forming the headwaters of the West Prong of the

  Tracy Dowling Homecoin.com

  

  313 Line Runner Ridge Rd, Rosman, NC 28772
• 

  

  /29

  $375,000

  • 3 Beds
  • 3 Baths
  • 1,486 Sq Ft

  55 Pressley Ave, Brevard, NC 28712

  Enjoy easy, single-level living in this charming home set on a generous lot with a large, fully usable backyard: perfect for gardening, entertaining, or relaxing while watching Brevard's July 4th fireworks. The property offers excellent storage and a dedicated workshop/outbuilding for projects and hobbies, it also includes a freezer and fridge for extra convenience. Inside you will find abundant

  Erica Banner Howard Hanna Beverly-Hanks Brevard Downtown

  

  55 Pressley Ave, Brevard, NC 28712
• 

  

  /12

  $75,000

  • Land
  • 2.98 Acres
  • $25,168 per Acre

  000 Falls Creek Ct, Pisgah Forest, NC 28768

  Escape to your own private woodland retreat just minutes from the heart of Brevard. This exceptional, nearly three-acre lot offers the rare combination of secluded mountain living and urban convenience. Enjoy the peaceful sounds of a bordering creek and natural spring heads, all while being only 2 miles from dining, local boutiques, and medical facilities. With a paved road and underground

  Billy Harris Howard Hanna Beverly-Hanks Brevard South

  

  000 Falls Creek Ct, Pisgah Forest, NC 28768
• 

  

  /26

  $275,000

  • Land
  • 1.72 Acres
  • $159,884 per Acre

  Lot 3 Heritage Dr, Sapphire, NC 28774

  How does a mountain home with river frontage in the popular Burlingame community sound? Take advantage of this unique opportunity to own a lot with frontage on the Horesepasture River. Build your dream mountain getaway and listen to calming sounds of the river from your back porch. The adjoining two lots are also available. Buy them all, and combine to create the perfect mountain river estate.

  Kathryn Nicholson Silver Creek Real Estate Group, Inc.

  Lot 3 Heritage Dr, Sapphire, NC 28774
• 

  

  /19

  $39,900

  • Land
  • 1.63 Acres
  • $24,479 per Acre

  TBD Hawk Mountain Rd, Lake Toxaway, NC 28747

  Pure privacy characterizes this mountain lot in the peaceful Hawk Mountain neighborhood of Lake Toxaway Estates. In the winter, you'll get a lake peep and dramatic sunsets through the trees from your eminently level building site. In the summer, dense vegetation and hardwood trees attract birds, providing seclusion and landscaping potential. Minutes from the clubhouse and the marina. Priced to

  Susan Chambers-Roemisch Lake Toxaway Company

  TBD Hawk Mountain Rd, Lake Toxaway, NC 28747
• 

  

  /25

  $109,000

  • Land
  • 0.72 Acre
  • $151,389 per Acre

  SH11 Springhouse Trail, Brevard, NC 28712

  Gentle sloping lot in Brevard's top community, Straus Park, with many amenities, a lake, clubhouse, tennis courts, and a pool. Straus Park is a vibrant residential community that is minutes from Transylvania County Hospital and downtown Brevard. Enjoy the nearby trails, meet with friends at the community garden, or play a game of tennis.

  Billy Harris Howard Hanna Beverly-Hanks Brevard South

  

  SH11 Springhouse Trail, Brevard, NC 28712
• 

  

  /38

  $534,900 New Construction

  • 2 Beds
  • 2 Baths
  • 1,261 Sq Ft

  114 Phivo Dr, Balsam Grove, NC 28708

  Ideally situated between Pisgah National Forest and the Blue Ridge Parkway, with nearby towns of Brevard and Cashiers, sits this newly constructed, custom mountain home with a wrap around porch, exceptional layout, high-end finishes, and superior craftsmanship. The finished basement garage leads directly into a mud room and the almost 400 additional square feet of space ideal for an in-law-suite,

  Jake Raines Petit Properties Inc

  

  114 Phivo Dr, Balsam Grove, NC 28708
• 

  

  /3

  $68,000

  • Land
  • 1.69 Acres
  • $40,237 per Acre

  103 Laurel Thicket Ln, Brevard, NC 28712

  This Big Hill Homesite offers mountain views and is located on quiet cul-de-sac. Its convenient location puts you just a short distance away from the charming downtown area of Brevard, renowned for its vibrant arts scene, local shops, restaurants, and cultural events. With its natural beauty and serene ambiance, this location is ideal for those looking to immerse themselves in nature and enjoy

  Billy Harris Howard Hanna Beverly-Hanks Brevard South

  

  103 Laurel Thicket Ln, Brevard, NC 28712
• 

  

  /48

  $1,500,000

  • 2 Beds
  • 1 Bath
  • 5,732 Sq Ft

  1196 N Country Club Rd, Brevard, NC 28712

  In 1930, The Brevard Country Club came to life, and over the years it has gained character with each passing decade. Many remember its success as The Cabin in the Pines or The Old Hickory House, and more recently as a thriving event and catering center. Today, this rustic cabin and multi-use property offers a rare opportunity for a variety of buyers. Sitting on just under 3 acres with city water,

  Jake Raines Petit Properties Inc

  

  1196 N Country Club Rd, Brevard, NC 28712
• 

  

  /38

  $599,000

  • 3 Beds
  • 3 Baths
  • 2,382 Sq Ft

  4 Unoga Ct, Brevard, NC 28712

  Discover relaxed mountain living in this beautifully maintained townhouse located in the highly desirable Qualla Village community of Connestee Falls, perfect for retirees or those seeking a peaceful second home. Thoughtfully designed for easy one-story living, the main level offers comfort, convenience, and flexibility in a serene natural setting.The main level features a spacious primary

  Al Strickland RE/MAX Land of the Waterfalls

  

  4 Unoga Ct, Brevard, NC 28712
• 

  

  /5

  $75,000

  • Land
  • 3.83 Acres
  • $19,582 per Acre

  611 B Aberdeen Ln, Pisgah Forest, NC 28768

  Large estate sized lot with nice view potential. Located in the highly desirable Glen Cannon Community, this property is close to everything Transylvania including downtown dining and shopping in Brevard, recreational opportunities in Pisgah National Forest, as well as Dupont and Holmes State Forest. Other adjoining properties are also available for sale.

  Kenneth McCall Lake Toxaway Company

  611 B Aberdeen Ln, Pisgah Forest, NC 28768
• 

  

  /11

  $65,000

  • Land
  • 1.79 Acres
  • $36,313 per Acre

  Lot 19 Udoque Ct, Brevard, NC 28712

  Take advantage of one of the largest lots currently offered in the desirable Connestee Falls community. At nearly 1.8 acres you can have your own private sanctuary to build your dream home. Lots of short range view potential once the home site is cleared. The lot is conveniently located to the Walnut Hollow entrance, Lake Wanteska and the community dog park. Connestee Falls offers a dizzying

  Jeff Baucom Looking Glass Realty

  

  Lot 19 Udoque Ct, Brevard, NC 28712
• 

  

  /48

  $3,125,000

  • 4 Beds
  • 4.5 Baths

  228 Mills Creek Trace, Lake Toxaway, NC 28747

  Overlooking the scenic 4th hole, this stunning 4-bedroom, 4.5-bath retreat is perfect for entertaining. The heart of the home is the expansive living room featuring a massive native stone fireplace and reclaimed timber trusses. The kitchen boasts stainless appliances, granite countertops, and ample storage space. The main level flows to the screened porch with a second fireplace, offering

  Ross Hyett Lake Toxaway Company

  228 Mills Creek Trace, Lake Toxaway, NC 28747
• 

  

  /67

  $3,295,000

  • 5 Beds
  • 4.5 Baths

  1734 Toxaway Dr, Lake Toxaway, NC 28747

  This home has been lovingly maintained and enjoyed. The Gerard roof has a lifetime warranty and will withstand winds up to 170 mph. It is INFLAMMABLE. The wood floors were refinished in 2019. New carpeting in main master suite. Built-ins and stone fireplace in master bedroom. Master bath features garden soaking tub, dreamy views, and separate screened porch with hot tub. Separate toilet room,

  Kathy Balistreri Balistreri Realty

  1734 Toxaway Dr, Lake Toxaway, NC 28747
• 

  

  /10

  $45,000

  • Land
  • 1.85 Acres
  • $24,324 per Acre

  TBD Dundee Ln Unit 6, Pisgah Forest, NC 28768

  Lovely wooded lot on cul-de-sac street in Glen Cannon. Less than 15 minutes to downtown Brevard, you will feel like you have escaped the city. This 1.85 acre parcel offers a gentle building site with an active 3 bedroom septic permit in place.

  Amy Fisher Fisher Realty - 10 Park Place

  

  TBD Dundee Ln Unit 6, Pisgah Forest, NC 28768
• 

  

  /19

  $355,000

  • 1 Bed
  • 1 Bath

  30 Boulder Dr, Lake Toxaway, NC 28747

  Located in the RV community of Westridge, this furnished, cozy mountain cabin is the perfect getaway! Featuring a 1 bedroom with a queen size bed, 1 full bathroom with a stand-up shower, and a loft area with a queen size bed, this is the perfect vacation spot. This site also features an RV pad with hookups! Updates include brand new deck, landscaping, mini split and hardwood flooring throughout.

  Melissa Gyldstrand Keller Williams Great Smokies

  30 Boulder Dr, Lake Toxaway, NC 28747
• 

  

  /48

  $549,000

  • 3 Beds
  • 2.5 Baths
  • 1,892 Sq Ft

  679 Solomon Jones Rd, Cedar Mountain, NC 28718

  Welcome to your mountain sanctuary, tucked away in the quiet foothills near the iconic Pretty Place Chapel. This beautifully maintained 3-bedroom, 3-bathroom home sits on 1.05 acres offers a rare mix of privacy, peaceful living, and views that’ll make you pause every morning. Step into open-concept living and dining spaces that flow easily for gatherings, anchored by large brick fireplaces—just

  April Ziegler The Virtual Realty Group

  

  679 Solomon Jones Rd, Cedar Mountain, NC 28718

Showing Results 241 - 280, Page 7 of 16