The "High-Altitude Sanctuary" at Cherry Hill Estates
The Summit of Value: 2.12 Acres at 4,000 Feet
Experience the pinnacle of high-elevation living in the prestigious gated enclave of Cherry Hill Estates. Positioned at an impressive 4,000 feet, this 2.12-acre estate site offers the crisp air and cool summer temperatures that define the authentic Blue Ridge lifestyle. While many high-altitude lots are defined by extreme cliffs and prohibitive build costs, this parcel stands out for its gentle, accessible topography, offering a remarkably builder-friendly canvas for your mountain retreat.
Architectural Potential & Panoramic Vistas
The property’s orientation is designed for the view-seeker. With strategic clearing, the lot reveals breathtaking, long-range mountain vistas that span the horizon. Imagine a home designed with floor-to-ceiling glass to capture the rolling blue ridges and shifting morning mists—a daily backdrop that remains evergreen. The gently sloping terrain not only simplifies foundation work but also allows for versatile floor plans, from a sprawling single-level lodge to a classic walk-out mountain cabin.
Exclusivity Without the Overhead
Cherry Hill Estates provides the security and prestige of a gated community with remarkably low overhead. With annual HOA fees of just $430, owners benefit from well-maintained roads and neighborhood integrity without the burden of high carrying costs. This makes the property an ideal "land bank" investment for future builders or a cost-effective site for a primary residence.
The Opportunity
Offered at an exceptional entry point of $22,700, this is a rare chance to secure significant acreage at a high elevation where inventory is increasingly scarce. Whether you are envisioning a weekend escape from the summer heat or a permanent high-country legacy, this elevated gem offers the perfect balance of altitude, ease of build, and affordability.
Active
$19,700
LOT 32 Bear Hollow Rd, Waynesville, NC 28785
--beds
--baths
2.12Acres
Unimproved Land
Built in ----
2.12 Acres Lot
$-- Zestimate®
$--/sqft
$36/mo HOA
What's special
Breathtaking long-range mountain vistasGentle accessible topographyGently sloping terrainRemarkably builder-friendly canvas
- 266 days
- 127
- 13
Zillow last checked:
Listing updated:
Listed by:
Preston Mayfield ncmountainre@kw.com,
Keller Williams Professionals
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4332900
Facts & features
Interior
Interior area
- Finished area below ground: 0
Property
Lot
- Size: 2.12 Acres
Details
- Parcel number: 8701214432
- Zoning: RES
- Special conditions: Standard
Utilities & green energy
- Sewer: Septic Needed
- Water: Well Needed
Community & HOA
Community
- Subdivision: Cherry Hill Est
HOA
- Has HOA: Yes
- HOA fee: $430 annually
- HOA name: CHERRY HILL ESTATE POA
Location
- Region: Waynesville
Financial & listing details
- Tax assessed value: $28,300
- Date on market: 1/12/2026
- Cumulative days on market: 266 days
- Road surface type: Gravel
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/31/2026 | Listed for sale | $19,700-13.2% |
Source: | ||
| 1/12/2026 | Listed for sale | $22,700 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 28785
Nearby schools
Schools provided by the listing agent
- Elementary: Jonathan Valley
- Middle: Waynesville
- High: Tuscola
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.





