Foreclosures With a Mountain View - Homes and Land For Sale at The Sanctuary at Vance Mountain, Murphy North Carolina

When it opened in 2006, The Sanctuary at Vance Mountain in Murphy North Carolina was the most expensive new gated development in Cherokee County. With long range mountain views that rival those in Highlands and Cashiers, The Sanctuary has an added advantage of being less than 2 hours from metro Atlanta.

Initially, homes for sale in The Sanctuary at Vance Mountain ranged in price from around $500,000 to $1.7 million. Lot prices for a 30 mile long range view began at around $100,000.

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Today, you can buy the most expensive house for sale in The Sanctuary, a 13 room home with 5 baths and 3 finished levels built by the subdivision developer, for roughly half of the original asking price of $1,200,000.

This home features two levels of living areas, two kitchens and an outdoor living space that includes decks and covered porches with views to take your breath away.

It is one of only three homes for sale in The Sanctuary at Vance Mountain - and the only one on the market that is NOT in foreclosure.

Like so many other planned developments in the mountains of Western North Carolina, The Sanctuary at Vance Mountain was marketed to vacation home buyers and couples looking for the perfect retirement spot.

But when the market in their home areas went to a standstill, buyers who planned to move here and build on their lots were unable to proceed.

Homes and lots for sale at The Sanctuary at Vance Mountain are available at a huge reduction from their original list prices, offering great opportunities to those who can take advantage of today's low prices and historically low interest rates.

Here is a list of the homes for sale in The Sanctuary at Vance Mountain:

• 103 Yellow Maple - Foreclosure - 3 bedroom, 3 bath home 95% finished $318,250
• 119 Brook Green Court - Foreclosure - 4 bedroom, 3 bath home, construction began in 2006, completed in 2010 $400,000

• 168 Great Sky Trail (shown in MLS photo above) - 4 bedroom, 5 bath home with approx. 6,000 sq. ft. $649,000

There is one home foreclosure that is under contract:

• 230 Great Sky Trail - an unfinished 4 bedroom 3 bath home that was listed at $251,750
  

Tomorrow I'll finish my market report on The Sanctuary at Vance Mountain in Murphy NC with information on the lots for sale and a list of the lot foreclosures.