For Sale › Wood Ridge Estates

A Deed Restricted Community

Located in Whittier, North Carolina, Wood Ridge Estates is offering 5 fully-improved, long-range view mountain home sites. Every qualified buyer can finance up to 100% of the purchase price with one of our preferred lenders, with a term of up to 20 years, at either a fixed or variable interest rate.

Wood Ridge Estates, now completed, is located just off U.S. 19/74 among the mountain towns of Sylva, Dillsboro, Cherokee, and Bryson City, North Carolina (minutes from the main entrance of the Great Smoky Mountains National Park and 1 hour west of Asheville - see map below). Wood Ridge Estates is a most unique, 5 home site mountain community. As you will see in the photo to the right, our views are excellent and long-range! Beauty, convenience and end of the road privacy with long-range views go hand in hand when you choose Wood Ridge Estates as your mountain home.

The Wood Ridge Estates entrance welcomes its residents and guests with wide easily drivable roads and mountain landscaping. From the main highway all the way to your lot, Wood Ridge Estates offers you year round easy road access. Elevations throughout the community range between 2,200 and 2,400 feet, providing mild temperatures in the mid 70s during the summer months. Doesn’t that sound like a welcome relief from the usual oppressive summer conditions?

Wood Ridge Estates features underground utilities, community water and wide roads. All 5 of the home sites have been graded with views cleared. The quality of the development infrastructure will be apparent the moment you enter the community.

Wood Ridge Estates offers it’s land and home owners access to the Tuckaseegee River through its Common area that is exclusive to our small developments. This area is one of the best for trout fishing, kayaking, tubing, and all the other activities that go with big mountain river living. Enjoy a picnic and a fire or just enjoy the day fishing while the kids swim and explore the Tuckaseegee river.

Why should you consider this Offer?

This is a limited time offer! The development company has plans to build on each home site, but is willing to sell these beautiful lots while they complete excavation of an additional 17 acre development. We expect this offer to appeal to people who have been seeking to own property in the North Carolina Mountains. This property offer provides the opportunity to purchase a “ready-to-build” home site substantially below its market value.

Given the abundance of negative news surrounding the housing market, let us share with you some national vs. North Carolina statistical information that you might find surprising. On a national level the median sales price of single-family homes during the last quarter of 2007 was 5.8% lower than in the last quarter of 2006 (reference). The largest declines in sales prices occurred in Miami (17.5% decline), Las Vegas and Phoenix (15.3% declines), and Los Angeles, San Diego, San Francisco, Detroit and Tampa, all of which recorded double-digit declines (S&P: US Home Prices Down Sharply, J.W. Elphinstone, Associated Press, Posted 02/26/2008). North Carolina was fourth in the nation in growth for 2007 and continues to show good equity growth

Compared to declining sales prices in virtually every major market in the United States, the metropolitan regions in closest proximity to the mountains of western North Carolina actually showed year-over-year increases in the median sales price of existing single-family homes:

Median Sales Price of Existing Single-Family Homes
Metro Area	2006 Q4	2007 Q4	% Change
Charlotte, NC	198,200	204,700	3.3%
Durham, NC	168,600	178,100	5.6%
Greensboro, NC	150,200	150,700	0.3%
Greenville, SC	150,000	155,400	3.6%
Knoxville, TN	153,600	155,000	0.9%
Raleigh, NC	226,600	235,600	4.0%
Spartanburg, SC	121,300	121,800	0.4%
In the face of arguably the worst housing slump in decades, residential values have not decreased in the mountains of western North Carolina, and therefore, the opportunity to purchase property below market value with increasing equity should encourage you to act quickly and contact us now.

Buyer's Market vs. Seller's Market

The best time to acquire property is when the real estate market is viewed as a buyer’s market (here in the mountains we are actually a growth market). So, why pay more after you wait for the inevitable time when the housing market statistics show that the buyer’s market is once again becoming a seller’s market? The issue is at what price will a buyer make an affirmative decision to buy. We want to remove your hesitation and let you focus on the selection process of the specific lot in this very private community.

What do I need to do to take advantage of this Offer?

Call or email us and we will assist you with travel arrangements and schedule your visit to Wood Ridge Estates!

We look forward to serving you.

Lot #1 - $59,900.00

• 1.17 acres with two level access.
• The house pad has been pushed out for a full walkout basement or garage with an additional drive for street level parking and entry.
• This site has great seasonal views and has been selectively cleared for privacy.

Lot #2 - $59,900.00

• 0.70 acres.
• This is an excellent lying site with a huge house pad.
• This site is suitable for a house of any size with ample parking.
• The septic system has already been installed.
• This site is ready for your home right now.

Lot #3 - $49,900.00  *** SOLD ***

• 0.44 acres.
• Lot 3 shares the top of the mountain with lot 4.
• Enjoy end of the road privacy with long range views.

Lot #4 - $64,900.00

• 0.57 acres.
• This site is the highest point in the subdivision and has 270 degree views.
• Lot 4 has a large house pad and a perfect view of Balsam Gap.

Lot #5 - $69,900.00

• 1.26 acres.
• This is an exceptional property rarely found in the mountains.
• Nearly 270 degree views and long range views of Balsam Gap.
• This property can be accessed from two different sides and is easily gated.
• This ridge lays well for additional structure such as quest or mother-in-law quarters.
• An estate within and estate. You may never see another site like this at any price.