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.
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Zillow last checked:
Listing updated:
Listed by:
Preston Mayfieldncmountainre@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: 220 days
Road surface type: Gravel
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
1/12/2026
Listed for sale
$22,700
Source: Canopy MLS as distributed by MLS GRID #4332900Report a problem
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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.
See how much you could borrow to make a competitive offer.
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.