0.5-acre corner lot in The Forest at Pinnacle Falls, a private gated mountain community in Zirconia, NC, near Flat Rock and Hendersonville. Per seller, a soil scientist has confirmed the lot will perc for a 3-bedroom septic system, giving buyers a helpful starting point for future build planning. The Forest design guidelines allow one-story cabins with a minimum of 1,000 sq ft of heated living space, with other home styles subject to specific requirements and ARC approval. Annual HOA dues are $1,700. Pinnacle Falls features private POA-maintained paved roads, underground utilities, water service, lodge, pool, hot tub, sauna, fitness facility, gathering spaces, protected common green space, pond, waterfall, creeks, and hiking trails. Buyer to verify septic permitting, utilities, setbacks, HOA/POA details, and current ARC guidelines. Agent must accompany clients into gated neighborhood
Active
Price cut: $4.9K (7/23)
$55,000
11 Magnolia Branch Dr, Zirconia, NC 28790
--beds
--baths
0.51Acres
Unimproved Land
Built in ----
0.51 Acres Lot
$-- Zestimate®
$--/sqft
$142/mo HOA
What's special
Water serviceProtected common green spaceHiking trailsUnderground utilitiesPrivate poa-maintained paved roads
- 64 days |
- 33 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Ed Frisbee ed@frisbeerealestate.com,
Frisbee Real Estate LLC
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4389803
Facts & features
Interior
Interior area
- Finished area below ground: 0
Property
Features
- Pool features: Community
- Has view: Yes
- View description: Winter
- Waterfront features: None
Lot
- Size: 0.51 Acres
- Features: Corner Lot, Rolling Slope
Details
- Parcel number: 1009432
- Zoning: R3
- Special conditions: Standard
Utilities & green energy
- Sewer: Septic Needed
- Water: City, Tap Fee Required
Community & HOA
Community
- Features: Clubhouse, Fitness Center, Gated, Walking Trails
- Subdivision: Pinnacle Falls
HOA
- Has HOA: Yes
- HOA fee: $1,700 annually
- HOA name: Pinnacle Falls Property Owners Association, Inc
Location
- Region: Zirconia
- Elevation: 2000 Feet
Financial & listing details
- Tax assessed value: $38,000
- Annual tax amount: $202
- Date on market: 6/5/2026
- Cumulative days on market: 65 days
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,292/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/23/2026 | Price change | $55,000-8.2% |
Source:  Canopy MLS as distributed by MLS GRID #4389803 Report a problem | ||
| 6/5/2026 | Listed for sale | $59,900+49.8% |
Source: Canopy MLS as distributed by MLS GRID #4389803 Report a problem | ||
| 6/18/2025 | Sold | $40,000-11.1% |
Source: Public Record Report a problem | ||
| 5/21/2019 | Listing removed | $45,000 |
Source: Keller Williams Realty Mountain Partners #3449401 Report a problem | ||
| 3/21/2019 | Listed for sale | $45,000 |
Source: Keller Williams Realty Mountain Partners #3449401 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $202 | $38,000 |
| 2023 | $202 -44.5% | $38,000 -30.9% |
| 2022 | $364 | $55,000 |
| 2021 | -- | $55,000 |
| 2020 | $358 | $55,000 |
| 2019 | $358 | $55,000 +10% |
| 2018 | -- | $50,000 |
| 2017 | $323 | $50,000 |
| 2016 | -- | $50,000 |
| 2015 | -- | $50,000 -42.9% |
| 2014 | -- | $87,500 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 28790
Getting around
0 / 100
Car-DependentNearby schools
GreatSchools rating
- 3/10Hillandale ElementaryGrades: PK-5Distance: 4.3 mi
- 6/10Flat Rock MiddleGrades: 6-8Distance: 4.1 mi
- 6/10East Henderson HighGrades: 9-12Distance: 5.8 mi
Schools provided by the listing agent
- Elementary: Hillandale
- Middle: Flat Rock
- High: East Henderson
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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