August 2009
Monthly Archive
31 Aug 2009 06:35 am
Valle Crucis Luxury Estate For Sale
High in the lush Blue Ridge mountains of North Carolina at 3600 foot elevation on 40 acres of rolling hills sits this expansive, bucolic family complex with 360 degrees of spectacular panoramic views.
This estate includes a luxurious 5,200 square foot family mansion with every amenity and five (5) individual 1400 square foot, two bedroom, two bath extended family cottages.
Unique to this property is a four acre barnyard complex with a 950 square foot barn equipped with electricity and running water, tack room, loft, baby animal paddock, and three fenced and gated pastures. You will also find a 40,000 gallon koi pond fed by an onsite spring and stocked with 200 koi fish. For the young folks, there is a children’s playground, complete with climbing wall, swings, slides, a basketball court, and a 25 foot play fort.
Valle Crucis is in Watauga County, west of Boone and only a few hours from the jamming traffic of bigger cities. Day and weekend getaways are possible, but most eventually return for a much longer stay.
At over 3,000 feet elevation, Valle Crucis is famous for it’s abundance of North Carolina Christmas Tree farms. Valle Crucis is a vacation and retirement paradise with hiking, canoeing, fishing, swimming, mountain biking, horseback riding, skiing, golf and much more.
With both the Blue Ridge Parkway and numerous ski slopes nearby, visitors to Valle Crucis come to experience cool summer breezes, spectacular mountain scenery and outdoor recreation.
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Contact Elizabeth Carter, 336.973.5594 or Greg Stikeleather, Broker, 704.880.5247 or email eacarter@charter.net
click here for more information
28 Aug 2009 06:46 am
$8,000 Tax Credit Ends Dec 1 2009
Time is running out to claim the $8,000 first-time homebuyers tax credit.
Passed earlier this year as part of the economic stimulus package, the credit is good for up to $8,000, or 10% of the purchase price, and applies to people who have not owned a home in the previous three years. (There are some income restrictions.) The best part: Unlike a similar program from 2008, the credit does not have to be repaid.
The bad part is that it ends on Dec. 1. (more…)
24 Aug 2009 07:09 am
Malone Bay Lakefront Living Wilkesboro NC
The Malone Bay community features 18 lots at W. Kerr Scott Dam & Reservoir. Fourteen (14) are Lakefront and meet private dock requirements. All lots have access to public water, saving owners from $5,000 to $10,000 on drilling a well. These lots have public water and will save you the cost of drilling a well. The entire development also features underground utilities.
This is a gated community with lots ranging from 2.3+- acres to 6.8+- acres on the Hwy 421 side of the lake just off South Minton Road, Wilkesboro, NC 28697
W. Kerr Scott Lake is 1500 acres with 50 miles of shoreline and is controlled by the US Army Corps of Engineers. It is clean water with good fishing and is excellent for boating, kayaking, skiing, and swimming. The property is surrounded by National Parks. Wilkesboro is a beautiful community and town with friendly people. It is located just 40 miles east of Boone and Blowing Rock, NC and one and a half hours northwest of Charlotte.
click here for more information
21 Aug 2009 07:04 am
Housing Affordable In Today’s Market
Homes continue to be more affordable than they have been in nearly two decades. The typical American family, making the nation’s median income of $64,000 a year, could afford to buy 72.3% of all homes sold in the United States during the second quarter, according a quarterly report from the National Association of Home Builders (NAHB) and Wells Fargo (WFC, Fortune 500).
That’s off just a tad from the record 72.5% reached during the first three months of 2009, but up substantially from the second quarter of 2008 when only 55% of homes sold were affordable. “The increase in affordability — along with the $8,000 federal tax credit for home buyers — is stimulating demand, particularly among young, first-time buyers,” said NAHB Chairman Joe Robson, a homebuilder from Tulsa, Okla., in a prepared statement. (more…)
17 Aug 2009 08:17 am
Malone Bay Lakefront Lot In Wilkes County NC
Lot #17 – Driveway and house site cleared. Open to offers. A unique, large acreage waterfront lot near a great full service town.
The Malone Bay community features 18 lots at W. Kerr Scott Dam & Reservoir. Fourteen (14) are Lakefront and meet private dock requirements. All lots have access to public water, saving owners from $5,000 to $10,000 on drilling a well. These lots have public water and will save you the cost of drilling a well. The entire development also features underground utilities.
This is a gated community with lots ranging from 2.3+- acres to 6.8+- acres on the Hwy 421 side of the lake just off South Minton Road, Wilkesboro, NC 28697
W. Kerr Scott Lake is 1500 acres with 50 miles of shoreline and is controlled by the US Army Corps of Engineers. It is clean water with good fishing and is excellent for boating, kayaking, skiing, and swimming. The property is surrounded by National Parks. Wilkesboro is a beautiful community and town with friendly people. It is located just 40 miles east of Boone and Blowing Rock, NC and one and a half hours northwest of Charlotte.
Main Channel Views.
Private dock.
3.87 acres.
MLS Number: 52139
List Price: $242,500
Lot Size: 3.87 ac.
Apx Acreage: 3.87
Type: Waterfront
Area: Area 2
Suitable Use: Residential
Topography: Rolling
Utilities: Underground Utilities
Road Frontage: Private Road
Restrictions: yes
Water/Sewer: Public Water
Location: Malone Way
click here for more information
14 Aug 2009 08:04 am
Adjusting HOA Assessments
Fall is the time when most homeowner associations go through the ritual of counting last year s cost and crunching next year s numbers hoping to squeeze blood out of the community turnip. While the well is often dry, or close to it, crunch you must. Here are some of the ways to make the cash flow more freely.
Adjust by Inflation: This is a no brainer. Check the area Consumer Price Index – CPI (governmentese for tax increase ) and raise all budget items by at least that amount. An exception is utilities which enjoy a larger and incomprehensible rate increase based on the utilities the utility companies expect not to sell added to the cost of maintaining antiquated power generation plants plus a fudge factor they hope to slip by the utility rate commission (just a little budget humor ). For a handy inflation guide, see www.inflationdata.com (more…)
10 Aug 2009 07:16 am
Valle Crucis Luxury Estate, Hurry Won’t Last Long
High in the lush Blue Ridge mountains of North Carolina at 3600 foot elevation on 40 acres of rolling hills sits this expansive, bucolic family complex with 360 degrees of spectacular panoramic views.
This estate includes a luxurious 5,200 square foot family mansion with every amenity and five (5) individual 1400 square foot, two bedroom, two bath extended family cottages.
Unique to this property is a four acre barnyard complex with a 950 square foot barn equipped with electricity and running water, tack room, loft, baby animal paddock, and three fenced and gated pastures. You will also find a 40,000 gallon koi pond fed by an onsite spring and stocked with 200 koi fish. For the young folks, there is a children’s playground, complete with climbing wall, swings, slides, a basketball court, and a 25 foot play fort.
Valle Crucis is in Watauga County, west of Boone and only a few hours from the jamming traffic of bigger cities. Day and weekend getaways are possible, but most eventually return for a much longer stay.
At over 3,000 feet elevation, Valle Crucis is famous for it’s abundance of North Carolina Christmas Tree farms. Valle Crucis is a vacation and retirement paradise with hiking, canoeing, fishing, swimming, mountain biking, horseback riding, skiing, golf and much more.
With both the Blue Ridge Parkway and numerous ski slopes nearby, visitors to Valle Crucis come to experience cool summer breezes, spectacular mountain scenery and outdoor recreation.
|
Contact Elizabeth Carter, 336.973.5594 or Greg Stikeleather, Broker, 704.880.5247 or email eacarter@charter.net
click here for more information
07 Aug 2009 07:18 am
Renting Versus Flipping
An Oakland, California real estate investment fund is carving out a niche that might work in other areas with roughly similar demographics: Acquiring and turning around lower-cost single family houses in neighborhoods outside San Francisco with strong mass-transit connections to urban employment centers and good job-growth potentials.
But rather than flipping the houses it acquires and fixes up, McKinley Partners is renting them out for as long as five years in a two-step strategy – pocketing solid cash flow in the interim, and banking on a stronger sales market down the road. (more…)
03 Aug 2009 06:55 am
W. Kerr Scott Lake Wilkes County NC Lakefront Lots
The Malone Bay community features 18 lots at W. Kerr Scott Dam & Reservoir. Fourteen (14) are Lakefront and meet private dock requirements. All lots have access to public water, saving owners from $5,000 to $10,000 on drilling a well. These lots have public water and will save you the cost of drilling a well. The entire development also features underground utilities.
This is a gated community with lots ranging from 2.3+- acres to 6.8+- acres on the Hwy 421 side of the lake just off South Minton Road, Wilkesboro, NC 28697
W. Kerr Scott Lake is 1500 acres with 50 miles of shoreline and is controlled by the US Army Corps of Engineers. It is clean water with good fishing and is excellent for boating, kayaking, skiing, and swimming. The property is surrounded by National Parks. Wilkesboro is a beautiful community and town with friendly people. It is located just 40 miles east of Boone and Blowing Rock, NC and one and a half hours northwest of Charlotte.
click here for more information
