North Carolina Mountain Real Estate Search

Check Out the Latest Foreclosures

Foreclosures are getting harder and harder to find, but we’re here to help you in your search. If you are in the market for a short sale, foreclosed or REO property, please contact me to get the latest list. Though we display the most recent foreclosures listed in our MLS&reg, not all properties make it online. They sell too quickly!

To be in the know when it comes to foreclosures, you need a licensed real estate agent working for you on the inside. I'd love to help you keep track of the latest opportunities in the High Country. If you want to view properties today, please don’t wait for an email reply, call me at 828-773-9852 for the fastest service.

Contact Jon Gatewood

High Country Foreclosures

$1,295,000
1.05 Acres ACTIVE Status
Apple Blossom Estate Four Turnkey Residences • Three Mountain Homes • One Exceptional Opportunity A rare opportunity to own four turnkey residences, fully furnished and established for short-term rentals, within three beautifully maintained mountain homes in the heart of Banner Elk. Whether you're seeking a premier investment, a mountain retreat, or the perfect balance of personal enjoyment and rental income, Apple Blossom Estate offers a level of flexibility rarely found in the High Country. Every residence has been meticulously maintained and thoughtfully furnished, reflecting the pride of ownership evident throughout the property. Professionally managed and truly turnkey, Apple Blossom Estate provides a seamless transition for its next owner. Every residence features a dedicated Level 2 EV charging station, an increasingly sought-after amenity for today's travelers. The property is offered as a package and includes a completed survey with future subdivision potential, providing exceptional flexibility for the future. Whether preserved as a single investment, enjoyed as a retreat, or explored for future subdivision, the possibilities are extensive. Enjoy the convenience of easy year-round paved access without sacrificing the mountain experience. Located just minutes from downtown Banner Elk, Sugar Mountain, Beech Mountain, wineries, restaurants, hiking, golf, fishing, and year-round recreation, Apple Blossom Estate combines accessibility with everything that makes the High Country one of North Carolina's most desirable destinations. Properties offering this combination of turnkey condition, professional management, future flexibility, easy access, and prime Banner Elk location rarely become available. Apple Blossom Estate is more than a collection of mountain homes—it's a rare opportunity to own one of Banner Elk's most distinctive properties.

164 Apple Blossom Lane, Banner Elk

$150,000
2 Beds 1 Baths 2.89 Acres ACTIVE UNDER CONTRACT Status
Perched in the heart of the High Country, this rare framing-stage diamond offers an extraordinary shortcut to your Blue Ridge mountain dream. Avoid the grueling 12 to 24-month multi-agency permitting process, the heavy lifting, some site work, engineering, and structural framing are already complete. Situated on 2.89 unrestricted, gently rolling acres just 15 minutes from downtown Boone, this property delivers a mountain canvas that is primed for an investor, builder, flipper, or ambitious homeowner ready to select their own finishes and reap immediate equity. The primary structure is framed as a modern 2-bedroom, 1-bathroom architectural cabin designed to capture its surroundings. Tall ceilings in the living room and 2 large sliding glass door openings, complete with high-altitude transom windows, flood the interior with natural light and frame breathtaking, mountain views of the green ridges. Step out onto the expansive deck frame, a space destined for morning coffee overlooking the valley or crisp autumn evenings under the stars. What truly elevates this offering into a generational investment opportunity is its unique, pre-approved infrastructure. The property was engineered and permitted for a three-structure family compound or multi-unit short-term rental retreat. All three distinct 2-bedroom structures are approved to share a well and a 6 bedroom septic system. Whether you finish the current home as a private vacation getaway or fulfill the original multi-cabin vision to maximize your ROI in a high-demand short-term rental market, the foundation for success is already laid. Accessibility is seamless and stress-free. Forget the treacherous, white-knuckle gravel tracks common to the area, this property features easy, direct access off Georges Gap Road, a fully paved, state-maintained road ensuring effortless year-round travel for guests and construction crews alike. Bring your builder, your design board, and your vision. Opportunities that combine acreage, proximity to Boone, views, and fully approved multi-dwelling infrastructure are virtually nonexistent in today's market. Skip the red tape and step straight into the fun part of mountain construction. Schedule your tour today and see exactly where the high country hills meet limitless potential.

TBD George's Gap Road, Vilas

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The information from this search is provided by the High 'Country Multiple Listing Service. Please be aware that not all listings produced from this search will be of this real estate company. All information is deemed reliable, but not guaranteed. Please verify all property information before entering into a purchase.”