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For sale
  • Price cut: $25K (6/29)
    $700,000

    262 Azalea Hills Lane, Spruce Pine, NC 28777

    3beds
    1,455sqft
    : 
    $4,300/mo
    Get pre-qualified
    Single Family Residence
    Built in 2004
    4.23 Acres Lot
    $679,200 Zestimate®
    $481/sqft
    $-- HOA

    What's special

    Grape and raspberry orchard
    So, picture this — 4.22 acres in Little Switzerland, completely un-subdivided, no HOA, no restrictions whatsoever — and sitting on it are two beautifully appointed homes. Now, whether you're thinking multigenerational living, a legacy property for your family, a vacation rental income stream, a 1031 exchange, or simply the most extraordinary personal retreat you've ever owned — this property checks every single box. Both homes have their own Generac propane generators — brand new in 2025, five-year warranties — so when the mountain weather does what mountain weather does, you're completely unfazed. Included with the property — and I love this detail — two UTVs: a 2022 Polaris Ranger Crew and a 2008 Yamaha Rhino with a snow plow and winch. Because on this property, those aren't toys — they're tools. There's a shared well, new in 2024, producing ten gallons per minute of pure mountain water through a full filtration and backwash system. Both homes run Starlink — professionally installed, averaging over 300 Mbps — and high-speed fiber is available locally as well. Now, here's where it gets really special. The land itself has been curated — black walnut and chestnut trees, seven fenced raised-bed vegetable gardens, mature apple, pear, and peach trees, a grape and raspberry orchard. And at the heart of it all is a custom “pub shed” — hemlock and cedar, water and electric, flagstone pavers, a stone fire pit — it's an absolute gathering place. Behind it, a state-of-the-art greenhouse with a misting system and polycarbonate roof for year-round growing. And surrounding everything — a thousand mature lavender plants, beautiful AND functional — they naturally deter pests and wildlife. There's also a section of the property — currently undeveloped — with 180-degree dramatic views of Mount Mitchell and the Black Mountain Range, overlooking a gorgeous lake on the adjoining property. Room for a third home, should someone desire it. The main house — completed in 2004 — is a rustic mountain lodge, three bedrooms, two baths, generous decks, a four-year-old standing seam metal roof. Inside, a Mitsubishi ductless multi-zone heat and air system, two gas log units, vaulted ceilings, wood-paneled walls, granite counters, stainless appliances with a gas range, under-cabinet lighting, and tankless on-demand hot water. A new Seville Classics basement storage system conveys with the sale. The guest house — built in 2023 — is a complete architectural contrast in the best possible way. Contemporary, bright, open — quartz countertops, easy-close cabinetry, one bedroom, one bath, main-level laundry, an office nook, and its own Mitsubishi system. It feels fresh and new because it is fresh and new. And the location — five minutes to Little Switzerland, fifteen to Spruce Pine and Grassy Creek Golf and Country Club, five minutes to the Blue Ridge Parkway, thirty minutes to Burnsville, forty minutes to Banner Elk, Beech Mountain, Sugar Mountain — skiing, dining, golf. Thirty minutes to Lake James. An hour to Asheville. An hour to Tri-Cities Airport. Two hours to Charlotte. And here's the line I always come back to — every single time you drive to the post office or the grocery store, you are taking a scenic drive that most people on this planet would have to save a lifetime just to come and visit. That's not a marketing line. That's just the truth.
    69 days
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    463
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    21
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    Zillow last checked:

    Listing updated:

    Listed by:

    Peter Franklin 828-766-9509,

    Foxfire Real Estate LLC

    Source: High Country AOR,MLS#: 262016MLS LogoOriginating MLS: High Country Association of Realtors Inc.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Ductless
      Cooling
      • Ductless
      Appliances
      • Included: Dryer, Dishwasher, Gas Range, Gas Water Heater, Microwave Hood Fan, Microwave, Refrigerator, Tankless Water Heater, Washer
      • Laundry: In Basement
      Features
      • Vaulted Ceiling(s)
      • Basement: Full,Interior Entry,Partially Finished,Walk-Out Access
      • Has fireplace: Yes
      • Fireplace features: Free Standing, Gas, Vented
      Interior area
      • Total structure area: 2,305
      • Total interior livable area: 1,455 sqft
      • Finished area above ground: 1,305
      • Finished area below ground: 150

      Property

      Parking
      • Parking features: Driveway, Gravel, No Garage, Paved, Private
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Multiple
      • Exterior features: Gravel Driveway, Paved Driveway
      • Has view: Yes
      • View description: Lake, Mountain(s)
      • Has water view: Yes
      • Water view: Lake
      Lot
      • Size: 4.23 Acres
      Details
      • Additional structures: Living Quarters
      • Parcel number: 077800748636
      • Zoning description: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Other,See Remarks
      • Property subtype: Single Family Residence
      Materials
      • Stone, Wood Siding, Wood Frame
      • Roof: Metal
      Condition
      • Year built: 2004

      Utilities & green energy

      • Sewer: Private Sewer, Septic Tank
      • Water: Private, Well
      • Utilities for property: High Speed Internet Available, Septic Available

      Community & HOA

      Community
      • Security: Radon Mitigation System
      • Subdivision: None
      HOA
      • Has HOA: No
      Location
      • Region: Spruce Pine

      Financial & listing details

      • Price per square foot: $481/sqft
      • Tax assessed value: $273,200
      • Annual tax amount: $1,748
      • Date on market: 5/18/2026
      • Listing terms: Cash,Conventional,New Loan
      • Road surface type: Gravel, Paved

        Estimated market value

        $679,200

        $645,000 - $713,000

        $1,941/mo

        Price history

        DateEventPrice
        6/29/2026Price change$700,000-3.4%$481/sqft
        Source: Canopy MLS as distributed by MLS GRID #4379987 Report a problem
        6/13/2026Price change$725,000-3.3%$498/sqft
        Source: High Country AOR #262016 Report a problem
        5/16/2026Price change$750,000-5.7%$515/sqft
        Source: Canopy MLS as distributed by MLS GRID #4379987 Report a problem
        5/12/2026Listed for sale$795,000+480.3%$546/sqft
        Source: Canopy MLS as distributed by MLS GRID #4379987 Report a problem
        2/24/2016Listing removed$137,000$94/sqft
        Source: Carolina Mountain Realty, Inc. #28944 Report a problem
        12/28/2015Listed for sale$137,000-31.5%$94/sqft
        Source: Carolina Mountain Realty, Inc. #28944 Report a problem
        11/17/2005Sold$200,000+40.4%$137/sqft
        Source: Public Record Report a problem
        2/17/2005Sold$142,500$98/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,748 +75.2%$273,200
        2024$998 $273,200
        2023$998 -42%$273,200
        2022$1,721 +35.2%$273,200 +39.5%
        2021$1,273 $195,900
        2020$1,273 $195,900
        2019$1,273 $195,900
        2018$1,273 +5.9%$195,900 +5.9%
        2017$1,203 +8.3%$185,000
        2016$1,110 +9900%$185,000
        2015$11 -99%$185,000
        2014$1,110 +13%$185,000 -3.6%
        2013$983 +11.2%$192,000
        2012$883 $192,000
        2011$883 $192,000
        2010-- $192,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 28777

        Getting around

        0 / 100
        Car-Dependent

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Greenlee Primary
        • High: Mitchell

        Source: High Country AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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