886 Hanging Rock Road, Spruce Pine, NC, 28777
About This Home
Escape to the beauty of the North Carolina High Country with this exceptional 13.22-acre riverfront property offering endless possibilities. Nestled along the scenic North Toe River, this unrestricted property is suitable for horses, cattle, farming, or simply creating your own mountain retreat. Sit on the front porch and watch the local deer stroll by. The property features a charming 3-bedroom, 1-bath home with an unfinished basement, providing ample storage or future expansion potential. An original farmhouse also remains on the property, adding character and offering opportunities for a picnic area, or repurpose the beautiful historic wood. Wake up to the peaceful sounds of the river, enjoy cool summer mountain breezes, and experience the beauty of all four distinct seasons. With open pastureland, beautiful river frontage, and no restrictions, you'll have the freedom to live the mountain lifestyle you've always imagined. Conveniently located within easy driving distance of Asheville, Boone, NC, and Johnson City, TN, you'll enjoy the perfect balance of privacy and accessibility. Outdoor enthusiasts will love the area's abundance of activities, including trout fishing, kayaking, hiking, biking, skiing, rafting, golfing, and exploring the breathtaking Blue Ridge Mountains. Whether you're looking for a working farm, an equestrian property, a family homestead, or a peaceful getaway, this rare North Toe River property is ready to make your vision a reality.
Getting Around
Car-Dependent
Very Limited Transit
Not Bike FriendlySchools
Construction
Condition
- Year built: 1961
Materials
- Foundation: Basement
- Roof: Asphalt,Shingle
- Construction materials: Vinyl Siding,Wood Frame
Type & Style
- Home type: SingleFamily
- Architectural style: Contemporary,Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Electric Range,Electric Water Heater,Refrigerator
- Laundry features: Main Level
Basement
- Has basement: Yes
- Basement: Interior Entry,Unfinished,Walk-Out Access
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Features
- Fireplace features: Stone,Wood Burning
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 1,624
Heating & Cooling
- Heating features: Forced Air,Fireplace(s),Oil
- Cooling features: None
Interior Area
- Total structure area: 3,248
- Total interior livable area: 1,624 sqft
Property
Details
- Parcel number: 18020050970800000
- Horse amenities: Horses Allowed
Features
- Levels: One
- Stories: 1
- On waterfront: Yes
- Waterfront features: River Front,River Access
Lot
- Lot size: 13.22 Acres
Parking
- Parking features: No Garage
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Cold Wave
- Inland Flooding
- Ice Storm
- Strong Wind
- Hail
- Landslide
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Avery County and North Carolina
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,422 | $29,064 |
| Home Insurance * | $90 | $1,080 |
| Property Taxes | $162 | $1,944 |
| Electricity | $200 | $2,405 |
| Total | $2,874 | $34,488 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-03 | Listed for sale | $479,000 |
View on Zillow