Boone · Boone, NC
525 Schoolhouse Ridge
Boone, NC · 3,259 sqft
$1,350,000
- 3Beds
- 5.5Baths
- 3,259SqFt
- 2001Year
- 1Days on market
About this home
Schoolhouse Ridge Lodge: a rare offering of 14+ acres with sprawling pastures offering long-range, layered Blue Ridge Mountain views, stream frontage, a mountain lodge, and a detached garage with a heated studio or workshop, all backing up to acres and acres of protected forestland of the Tater Hill Plant Conservation Preserve. With the potential for many different uses, this is the perfect place for a homestead, family estate or legacy property, horse property, or investment opportunity - no zoning or restrictions! Offering a central location to all the High Country has to offer, the property is located just twenty minutes from services in Boone and Appalachian State University, but offers ample space and privacy. The lodge offers three bedrooms and five full baths with multiple bonus rooms and spaces, and mountain views throughout. Enter through the mudroom and into the Great Room with a stone fireplace, cathedral ceiling, and access to the large main-level deck, open to the kitchen with updated, stainless steel appliances and walk-out access. A formal dining room, sunroom or den, bedroom, full bath, and primary suite with a cathedral ceiling and jetted soaking tub complete the main level. Upstairs, a lofted bonus area overlooks the Great Room below and offers a full bath - perfect as an additional sleeping space! The lower level, with tongue-and-groove ceilings throughout, features a large second living or game room with access to the lower-level deck, offering a hot tub overlooking the mountains beyond. Also on the lower level, find a large bonus flex space or office currently set up as a gallery with a sleeping area, a full bath, an additional bedroom and full bath suite, and a laundry closet. The spacious, two-car, detached garage offers ample storage space, and the heated studio or workshop above the garage features a half bath. Additional features: high elevation (4,250+ feet!), frontage on a small stream, gentle access, ample parking space, and more!
Property details
- Beds
- 3
- Baths
- 5.5
- SqFt
- 3,259
- Lot
- —
- Year built
- 2001
- Type
- Single Family
- Days on market
- 1
- Garage
- 2
- Heating
- Baseboard, Electric, Forced Air, Propane, Other - See Remarks
- Cooling
- None
- Foundation
- Basement
- Flooring
- Carpet, Tile, Vinyl, Wood
- View
- Long Range, Mountain(s), Year Round
Features
- Entrance Foyer
- Storage
- Walk-In Closet(s)
- Fire Pit
- Hot Tub
- Other - See Remarks
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$9,767/ month
- Principal & interest
- $8,360
- Property tax (~0.90%)
- $1,012
- Homeowners insurance
- $393
- HOA dues
- —
Down payment
$67,500 down · $1,282,500 financed
Income to qualify (28% rule)
~$418,593 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. Christy can introduce you to lenders she trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.