125 Forest Lake Lane

West Jefferson, NC
$ 389,000 Beds 3 Baths 2 Sq 1,736
Monthly Estimate* How much can I afford?

Outstanding investment opportunity. Situated in a lake community in desirable West Jefferson, just minutes from downtown, this property consists of two units, both of which are currently Airbnb rentals. Enjoy relaxing on the open deck or covered porch, kayak or fish in the community lake, and earn income by leasing the lower-level apartment or rent both units. The main level features two bedrooms, one full bath, a kitchen, and a fireplace, while the lower level offers one bedroom--which is very large and is divided into two sleeping areas--one full bath, a kitchen, as well as a fireplace.

Multi-Family

  • Price
  • $ 389,000
  • City
  • West Jefferson
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • ASHE
  • Half Bathrooms
  • 0
  • Area
  • 16-Jefferson - West Jefferson
  • Lot Size
  • 0.42 Acres
  • Zip
  • 28694
  • Sqr Footage
  • 1,736
  • Year Built
  • 1971
  • Taxes
  • $ 560
  • Style
  • ResidentialIncome
  • MLS#
  • 241167
Listed By: Liz Washburn with Weichert Realtors-High Country Realty.
Data Source: High Country Association of REALTORS® (HCAOR)

Features

General

Additional Parcels Y/N No
Appliances Dryer, ElectricCooktop, Refrigerator, Washer
Architectural Style Cottage
Assoc Fee Paid Per Annually
Assoc Fees 240.0
Association Y/N Yes
Attached Garage No
Basement Finished, WalkOutAccess
Buyer Agent Compensation 3
Buyer Agent Compensation Type Item1
Carport Y/N No
City West Jefferson
Community Features Lake, LongTermRentalAllowed, ShortTermRentalAllowed
Construction Materials Brick, WoodFrame
Cooling None
County Ashe
Elementary School Westwood
Garage Y/N No
Heating Electric
High School Ashe County
Home Warranty Y/N No
Interior Features Attic
Land Lease Y/N No
Lease Considered Y/N No
Lease Renewal Y/N No
MLS Area 16-Jefferson, West Jefferson
Middle/Junior High School Ashe County
Mobilehomeremainsyn No
New Construction No
Other Structures LivingQuarters
Private Pool No
Property Attached Y/N No
Property Sub Type Additional MultiFamily, Other
Property SubType MultiFamily
Property Type ResidentialIncome
Rent Control Y/N No
Roof Metal
Senior Community Y/N No
Sewer SepticPermitUnavailable
Standard Status Active
Status Active
Street Name Forest Lake
Sub Agent Compensation Type Item1
Subdivision Name Ashe Lake
Tax Annual Amount 560.0
Tax Lot 196, 197
Terms Cash, Conventional, FHA, NewLoan, USDALoan, VALoan
Utilities ElectricityAvailable, HighSpeedInternetAvailable
View Mountains
View Y/N Yes
Waterfront Features LakePrivileges
Waterfront Y/N No
Year Built 1971
Zoning Description Residential

Interior Features

Air Conditioning Y/N No
Basement (Y/N) Yes
Electric On Property Y/N No
Fireplace Features Two
Fireplace Y/N Yes
Full Baths 2
Heating Y/N Yes
Street Suffix Lane
Total Baths 2
Total Bedrooms 3
Total Fireplaces 2

Exterior Features

Days on Market 73
Building Area Total 1736.0
Crops Included Y/N No
Foundation Details Basement
Horse Y/N No
Irrigation Water Rights Y/N No
Lot Size Acres 0.42
Lot Size Area 0.42
Lot Size Units Acres
Open Parking Y/N No
Road Frontage Type PrivateRoad
Road Surface Type Paved
Spa No
Water Source CommunityCoop

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,396

Per Month

Based on the average sale price from the West Jefferson, NC office

  • Monthly Principal & interest $2,268
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options

Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Westwood Elementary School
Middle School Ashe County Middle School
High School Ashe County High School

Price History

12/28/2022 Listed $429,000
1/16/2023 7% - $399,000
3/11/2023 3% - $389,000

Property vs Zip Code Average in 28694

Price
AVG $390K
$390K
Taxes
AVG $560
$560
Visits
AVG 26
25
Year Built
AVG 1971
1971

Map

125 Forest Lake Lane West Jefferson, NC is a Single Family Home for sale at $389000 with 1736 sqft and a lot size of 0.42 Acres Acre(s). 125 Forest Lake Lane West Jefferson has 3 bedrooms, 2 baths and was built in 1971. The property's zip code is 28694 which is in West Jefferson, NC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.