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40 Club Villa Drive #503, Glade Valley, NC, 28627

1beds
1baths
510sqft
$155,900
$306price/sqft
$1,153/moest. monthly cost
$46,120/yrincome needed

About This Home

Experience the perfect NC, Blue Ridge mountain retreat in this beautifully furnished (with exceptions) lower-level studio, featuring a full kitchen with sleek stainless steel appliances, a full bath, in-unit laundry, and a private covered patio. Take in breathtaking long-range mountain views and the stunning Mitchell River Gorge, all from the comfort of your own space. Enjoy peaceful sunrises and refreshing mountain breezes, with the added convenience of being just a short walk to the clubhouse. The studio is tastefully furnished (with a few exceptions), making it move-in ready for a carefree getaway or an excellent investment rental opportunity. Located within Olde Beau Golf & Country Club, you’ll have access to exceptional amenities including golf, a pool and fitness center, fishing, clubhouse dining, and scenic hiking trails. Perfectly situated just 50 minutes from Winston-Salem, 90 minutes from Charlotte, and 2.5 hours from Raleigh, this property offers both convenience and a true escape to the mountains. Don’t miss this must-see getaway!

Getting Around

7
WalkingCar-Dependent
0
TransitVery Limited Transit
2
BikeSomewhat Bikeable

Schools

5/10
Glade Creek ElementaryGrades PK-86.0 mi
7/10
Alleghany HighGrades 9-1210.5 mi

Construction

Condition

  • Year built: 2007

Materials

  • Roof: Architectural,Shingle
  • Construction materials: Fiber Cement,Masonry,Wood Frame

Type & Style

  • Home type: Condo
  • Architectural style: Traditional
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Electric Range,Electric Water Heater,Microwave Hood Fan,Microwave,Refrigerator,Washer
  • Laundry features: Washer Hookup,Dryer Hookup

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Furnished
  • Fireplace features: None
  • Attic: None
  • Finished area below ground: 510
  • Finished area above ground: 0

Heating & Cooling

  • Heating features: Electric,Heat Pump
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 510
  • Total interior livable area: 510 sqft

Property

Details

  • Parcel number: 4917753415

Features

  • Levels: One
  • Stories: 1
  • Pool features: Community
  • Patio & porch: Covered
  • Has view: Yes
  • View description: Long Range,Mountain(s)

Parking

  • Parking features: Asphalt,Driveway,No Garage
  • Has uncovered spaces: Yes

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

  • Cold Wave
    Cold WaveVery High
  • Ice Storm
    Ice StormVery High
  • Drought
    DroughtRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Hail
    HailModerate
  • Landslide
    LandslideModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Ice Storm
Drought
Inland Flooding
Lightning
Strong Wind
Hail
Landslide
Tornado
Winter Weather

FEMA Declared Disasters in Alleghany County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

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

MonthlyAnnual
Mortgage $788$9,456
Home Insurance *$64$768
Property Taxes $101$1,212
Electricity $200$2,405
Total$1,153$13,836
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$39,531/yr
40% on housing$34,590/yr
45% on housing$30,746/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

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.

Insurance Growth Rate5-year average: 10.6%
10.6%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: -1.8%
-1.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$306This listing

vs Other Active Listings

Avg $/sqft

ZIP 28627$226
Alleghany County$183

vs Homes Sold Last Month

Median $/sqft

ZIP 28627
Alleghany County$238

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

DateEventPrice
2026-04-09Listed for sale$169,000
2024-06-10Sold$152,000
2024-05-14Contingent$169,000
2024-05-10Listed for sale$169,000
2020-09-17Sold$70,000
2008-06-26Sold$89,000

For Sale by Agent

AgentTOMMY MAINES
BrokerageOlde Beau Realty, Inc.

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