451 Walnut Ln, Vilas, NC 28692
Property image
Property image
OFF MARKET

$6,400

Tax assessed value
  • 2 Beds
  • 2 Baths
  • 1,230 sqft (on 12 acres)

451 Walnut Ln, Vilas, NC 28692

Home Value

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Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.39
Single-Family Home
$15,000
06/16/26
3
2
2,090
0.57
Single-Family Home
$275,000
07/28/26
2
1.5
1,177
0.50
Single-Family Home
$349,900
07/16/26
3
2
2,012
0.51
Single-Family Home
$179,000
08/21/26
3
2
1,311
1.56
Single-Family Home
$510,000
10/15/25
2
2
1,031
1.45
Single-Family Home
$605,000
08/25/26
2
2
1,389
1.33
Single-Family Home
$680,000
11/20/25
4
3.5
2,528
1.24
Single-Family Home
$455,000
07/29/26
3
4
2,662
1.67
Single-Family Home
$3,000
06/30/26
3
2
1,218
1.70
Single-Family Home
$370,000
11/13/25
3
1
904

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.03
$682,700
3
2.5
1,995
Off Market
0.09
-
-
-
-
Off Market
0.13
-
-
-
-
Off Market
0.14
-
-
-
-
Off Market
0.31
-
-
-
-
Off Market
0.32
-
-
-
-
Off Market
0.31
$399,900
2
1
711
For Sale
0.36
$178,800
2
1
788
Off Market
0.40
-
-
-
-
Off Market
0.41
$519,200
4
2.5
1,979
Off Market
0.46
$809,500
3
2.5
2,838
Off Market
0.47
$283,200
1
1.5
1,010
Off Market

Local Information

  • Map ViewExplore the area around 451 Walnut Ln.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1972
Lot Size
12 acres
Living Area
1,230 sqft

About this House

Awesome 12.1 acre property in Vilas with long range views of Grandfather mountain just off Linville Creek Rd and only 10 min from downtown Boone and ASU.

Property has a 1230 sq ft ranch house built in 1972 that has already been gutted ready for a full rehab. Also has a full basement that adds another 1230 sq ft to the total living space. No HOA.

With the long driveway in place, the clearing at the top of the ridge where the house sits, the well, the septic, the basement, the plumbing and a newer 200 amp electric service, you have already $120K-135K of equity built into the property so you are only paying about $100K for the 12.1 acres.

I have already estimated all costs to turn this house into a brand new 5 bed, 3 bath, 2460 sq ft house on 12.1 acres. The full rehab cost estimated at $95K-$105K in labor and materials. So for $230K (Property AS-IS) + $105K (Rehab) = $335K total, you have a brand new house valued anywhere from $185-$200/sq ft once completed ($455k-$492K). That's a profit of $120K-$157K and you are still left with a lot of additional land to build other homes or structures if you want.

If you want to see the numbers, contact me and I will be glad to share them with you.

Buyer Agents welcomed for a 3% commission.
451 Walnut Ln, Vilas, NC 28692 is a 2 bedroom, 2 bathroom, 1,230 sqft single-family home built in 1972. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $1,890/month.

Home Details for 451 Walnut Ln

Interior Features

Interior Details
Basement
Fireplace & Spa
Fireplace
Levels, Entrance, & Accessibility
Floors: Concrete

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Composition
Parking & Garage
Parking Spaces: 6Parking: Off Street

Property Information

Year Built
Year Built: 1972
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Lot Information

Lot Area: 12.00 acres

Price and Tax history

DateEventPrice
Mar 9, 2021
Source: N/A
ListingRemoved
Sep 28, 2020
Source: N/A
ListingRemoved
$230,000
Sep 28, 2020
Source: N/A
Pending
$230,000
Aug 26, 2020
Source: N/A
Listed For Sale
$230,000

Market trends in Vilas

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
โ€”
Sale-to-List Price
โ€”
Price per sq ft
โ€”
Available listings
56
8
MoM

What Locals Say about Vilas

At least 11 Trulia users voted on each feature.
  • 100 % Say yards are well-kept

  • 92 % Say there's holiday spirit

  • 92 % Say there's wildlife

  • 87 % Say car is needed

  • 82 % Say parking is easy

  • 73 % Say it's quiet

  • 58 % Say neighbors are friendly

  • 56 % Say it's dog friendly

  • 46 % Say kids play outside

  • 46 % Say people would walk alone at night

  • 44 % Say they plan to stay for at least 5 years

  • 31 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Kristen Vitale
    "Itโ€™s a very rural area. For the most part, properties here have a yard, so there is a space right at home for your dog - no need to try to locate dog parks or anything like that"
  • Kristen Vitale
    "This street is off of a main route with heavy traffic. There are no sidewalks, and I personally do not walk much around here because it doesnโ€™t feel safe to walk on a road with a 55 mph speed limit, especially without sidewalks"
  • Kristen Vitale
    "We live on a main route that gets us where we need to go relatively quickly. Although we are out of the busyness of being in town, there are stores and gas stations along this man in route"
  • marcie0305
    "Lived here for 5 years. Peaceful, beautiful, close to anything you could want or need with Boone & App State close by. Can't say enough."

LGBTQ Local Legal Protections

Frequently asked questions about 451 Walnut Ln

  • Is Vilas a buyer's or seller's market?
    Vilas is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Vilas?
    Residents describe Vilas, NC as well-kept, easy to park in, and quiet. Most residents say you need a car. See recently sold homes in Vilas, NC.
  • What are the closest schools to 451 Walnut Ln?
    The closest schools to 451 Walnut Ln in Vilas, NC are Cove Creek Elementary (Pre-K/Middle, rated 7/10), Watauga High (rated 8/10).
  • How big is the lot at 451 Walnut Ln?
    The lot at 451 Walnut Ln in Vilas, NC is about 12 acres.
  • Does 451 Walnut Ln have parking?
    Yes, 451 Walnut Ln in Vilas, NC has on-site parking.

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