Acreage, Wooded Lot
6
out of 10
HousesUnder150K Score
Property Merit 50% · Condition 25% · Price/Sq Ft 15% · Market 10%
| Category | Wt. | Score | Detail |
|---|---|---|---|
| Property Merit | 50% | 7 | 1.67 wooded acres, unrestricted, no HOA, mountain NC location, end-of-road privacy |
| Condition | 25% | 5 | Brand new heat pump; needs toilets, shower, cosmetic facelift; sold as-is |
| Price / Sq Ft | 15% | 9 | $130/sqft vs $296/sqft zip median (56% below); thin 3-comp data, directional only |
| Price vs. Market | 5% | 6 | $127.5K vs $304.9K median — 58% below zip median; land-heavy market caveat |
| Market Conditions | 5% | 7 | DOM 118 days, sale-to-list 94.9%, 40.9% price drops — clear buyer's market |
The oak floors are the first thing worth your attention. A hundred years old, in a 1973 house, which means they came from somewhere else and someone thought enough to put them here. That kind of detail in a 980-square-foot mountain cabin at $127,500 is the kind of thing that makes you stop scrolling.
The land is the real story though. 1.67 wooded acres, no HOA, no road maintenance agreement, unrestricted, at the end of the road. In western North Carolina, that combination has real value. You can run a short-term rental, park an RV, add a structure, keep animals, or simply have the woods to yourself without asking permission. At 58% below the zip code's median price, there's enough room in the number to do something with the property.
The house itself is a 1973 two-bedroom, one-bath with wood paneling on the walls and ceiling. The kitchen has a flat-top electric range and a built-in microwave. No refrigerator, no dishwasher. There's a washer and dryer hookup and a chainlink fenced area outside for dogs. A brand new heat pump and thermostat were just installed, so the big mechanical ticket is covered.
What the house needs: toilets, a shower, and cosmetic work throughout. The agent calls it livable, and that's probably accurate in the technical sense, but plan to put money in before you'd want to stay here long. It's being sold as-is, cash or ask the agent about financing. A new survey has been done.
The location is 15 to 20 minutes from Bryson City, Cherokee, and Sylva. This has been sitting for 118 days, and similar listings in this market have been cutting prices, which means you have room to negotiate if the condition gives the seller pause too.
For someone with a budget and a weekend, this is a small mountain property with old floors, real privacy, and land that the price tag mostly ignores.

