Home Buying in Biltmore Lake>Question Details

Nanette Leat…, Home Buyer in San Francisco, CA

What do you know about Biltmore Lake? There are 60 properties for sale there now - which seems like a lot

Asked by Nanette Leatherwood, San Francisco, CA Sat Apr 12, 2008

for a private community...Do you know about how many units currently exist in the community? What kind of reputation does it have?

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Nanette,
Biltmore Lake is one of the few natural lakes in WNC. Only minutes from Asheville, this lake is very small, only 62 acres. Most of the communities around the lake are gated communities; Cedar Rock, Lake Village, Scott Ridge Seasons at Biltmore Lake to mention a few. I don't have a total count of all units in the area because they are still building and opening new areas. There are over 65 properties on the market, not including land. Here is a little more information:

Location: Approximately fifteen minutes from downtown Asheville with close proximity to Pisgah National Forest, the Blue Ridge Parkway and North Carolina state parks.

Biltmore Lake: 62-Acre lake, complete with a dock for non-motorized boating and plenty of lake bass for catch and release fishing.

Lots: Custom lots priced from the high $100's to over $250,000, with future residents selecting their builder from our Featured Builders Program.

Homes: Home and land packages range in price from the mid $300,000's to over $1 million, depending on the size, home model and location within the community. Townhomes are also available starting in the high $200,000’s.

There are three other Lakes in the Asheville area that I ask you to consider. And one about one hour away in Western NC. Email me and let me send you a recent study we did of all lake sin and around WNC. WNC offers a few wonderful lakes and many that are very remote. We would love to happy you with your property search either at Biltmore Lake or maybe another lake in WNC.
The Schaffer Realty Group
Marian Schaffer
terry@marianschaffer.com
877-886-8388
0 votes Thank Flag Link Mon Apr 14, 2008
Nanette, I use to live in Biltmore Lake. There are nice families there. However, many seem to be more interested in keeping up with the Jones's. There are many properties there because of many families that moved in with variable rate loans that could not afford the new payment and rate. Or they have been relocated with their job. Or they have been laid off and had to let the house go into foreclosure. You will find many foreclosures there. Make sure you get a great deal if you do buy there. We bought our home for 350K and at the time it appraised for 380, a year before we moved we had it reapprasied for 430, today I can't even sell it for 300. I am stuck.

There are many rentals in the area including Blltmore Lake to see if you like the area. You can rent a house there for 2000 to 2900 per month. That will give you a chance to make your own decision.

you will love living in Asheville.
0 votes Thank Flag Link Tue Nov 17, 2009
Hi Nanette, checking in with you again as I now have a table that will easily compare new home communities for you. You are also able to drill deeper and see what homes are available in each one. Hope you find it helpful, and we look forward to welcoming you to the Asheville area. Warmly, Rowena Patton
0 votes Thank Flag Link Tue Dec 2, 2008
The Seasons at Biltmore Lake is somewhere to avoid. I know this because I currently live here and the management is an embarrassment. We've been harassed by neighbors, and my vehicle has been hit in front of my own apartment by one of the neighbors. The class of people in this complex is very low and the management is terrible.
0 votes Thank Flag Link Tue Nov 25, 2008
Who wants to move to Asheville, NC???? I left after 49 years....too much pollution... I ought to know, I'm a NURSE!
0 votes Thank Flag Link Tue Apr 15, 2008
Here's a bit of history: Biltmore Lake is one of the first large Planned Unit Developments near Asheville, NC. It is Developed by Biltmore Farms; a company decendant from George Vanderbuilt of the famous Biltmore House. The community is almost as rich in history as the developer itself: The community is built on the property originally owned by a Textile manufacturer, Enka. The adjoining "Enka Village" housed the workers for the Enka Plant in the 30's & 40's. These houses still exist harmoniously amoung the new houses built around the 33 acre non-motorized lake. The private to owners, BL community center is located at the site of the original Enka Lake Club, another historical aspect of the community. Walking trails around the lake & throughout the community, boating, swimming, tennis and other community events keep homeowners connected to one another. They also have a very active homeowners association and their own intranet. The fact that there are 60 some homes on the market is not alot when you realize that BL is a community of over 700 homes. The homes on the market cover a very large array of products in a multitude of prices ranges from high $300's to $1Ml (+/-). There is something for everyone. I am very familiar with Biltmore Lake, so would welcome introducing you to the community. Please feel free to contact me @ your convenience.
Patti Haberstock
Beverly-Hanks & Associates
828-712-0970
phstock@beverly-hanks.com
http://www.goashevillehome.com
0 votes Thank Flag Link Tue Apr 15, 2008
Hi Nanette. There are 56 units currently for sale at Biltmore lake. 84 units have sold in the last year. Are you specifically looking for a lake community? Biltmore Lake offers a small lake that is not motorized, and they do offer canoes and non-motorized boats that you can go out on. There are lots of trails around the community. There are a few older homes, and larger custom homes as you get closer to the lake as you would imagine, and then many homes in the community that have nice curb appeal. Lots of arts and craft style homes. There are a few other lakes around, most of which are not so close into town if that is a requirement for you. I would be happy to send you photos of the various lake community homes available. Rowena - Patton Property Group @ Keller Williams 828 669 6671 rowena@pattonpropertygroup.com
0 votes Thank Flag Link Tue Apr 15, 2008
Nanette,
Actually if you want a overall view of the Asheville area I have a consulting service I have referred to before and they are free to the buyer. The website is below and you can email either Terry or Marian. The find areas then properties for worldwide clients.

Larry Story
Coldwell Banker Triad
0 votes Thank Flag Link Sun Apr 13, 2008
Nanette,
Biltmore Lakes is a relatively new community west, southwest of Asheville. It is a community with several phases though. Some of the homes that you see available are also townhomes. So it depends on what you are looking for. As far as the reputation that is something that I cannot comment on as NC Realtors we can present statistics and other factual data but, we cannot throw opinions into the mix. If you ask a specific question we can do our best to answer it.
Are you looking for a second home or to relocate? Asheville is a wonderful area with alot to offer.

Larry Story
Coldwell Banker Triad
0 votes Thank Flag Link Sun Apr 13, 2008
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