PORTFOLIO OF FINE PROPERTIES WESTERN NORTH CAROLINA IVESTER JACKSON | BLACKSTREAM | CHRISTIE'S 2021 VOLUME 2
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FALL IN WESTERN NC BRINGS NEW BUYERS AMID LOW INVENTORY Western North Carolina continues to see strong sales activity across
months. Developers and investors have taken notice and thus have
both the luxury and mid-market segments. Historically low inventory
many new construction starts in communities such as The Cliffs at
has affected units sold but values continue to rise across the board,
Walnut Cove, Biltmore Lake, and Kenmure.
rising in some cases 17% year over year. The second quarter posted
The Foothills market (Polk, Rutherford, and Cleveland Counties)
gains in both Asheville and surrounding counties as buyers continued to find refuge in the mountains while having close proximity to larger cities such as Charlotte and Greenville.
has traditionally been slower moving in the luxury space. The first and second quarters have bucked that trend and we are seeing record breaking activity. Home sales in the luxury and mid-market range
Buncombe County clocked increases in number of units sold, pending
have continued to climb not only throughout 2020 but also into the
sales, and showing activity in both the luxury (1M+) and mid-market
1st, 2nd, and 3rd quarters of 2021. Currently 42 homes in the $500-
(500-999k) segments during the second quarter of 2021 versus 2020.
999K range are under contract and 9 in the $1M+ range. Showings
These trends have continued into the early third quarter with 25
also continue that higher trend with 158 showings in Q2, which is an
closed transactions over $1M, as compared to 26 in the same period
increase over both 2019 and 2020 of 90% and 192% respectively.
of 2020. The $1M+ segment has seen the average price rise from
Outside influences such as the financial markets, inflation, and news
$1.5M in 2020 to $1.7M in 2021 during the same time period. These statistics point to low inventory and high demand in Buncombe County. As a result, this has translated into higher sales activity in the surrounding counties and towns of Western North Carolina.
from the FED continue to be positive but these indicators have the ability to stifle demand in the short term. The Dow Jones Industrial is up over 14% for the year, but the looming Delta variant is a wild card at the moment. The FED has pointed towards a tapering of
Taking a look at some of the outlying counties it's easy to see
buying mortgage backed securities which will more than likely result
these increases year over year as well as in the early stages of Q3.
in interest rates creeping higher. But with over half of the luxury
Henderson County saw an increase of over 300% in luxury home sales
transactions being cash, it shouldn’t affect demand long term.
in the second quarter of 2021 versus the second quarter of 2020. As
As we move into the second portion of the 3rd quarter and into the
inventory continues to tighten, we expect to see elevated activity in the surrounding counties.
4th quarter of 2021 we'll keep our eyes on key indicators such as showing activity, pending contracts, and inventory to inform us as to
While building supplies and lumber have seen a cooling off from their
the market conditions. Fall in Western North Carolina brings many
early spring heights, they are still above pre-Covid levels and are
buyers to the area and we expect to see the upwards trend of units
expected to decline as supply chain issues are sorted out in the coming
sold and pricing to continue on its path through the end of 2021.
Regards,
Jonathan Hunter Broker-in-Charge 828-606-4160
Reed Jackson Managing Partner 704-713-3623
ON THE COVER: DAVID SHINGLER, TURTLEBACK FALLS, NC
OIL ON WOOD, 14 X 11 INCHES IMAGE COURTESY OF MOMENTUM GALLERY, DOWNTOWN ASHEVILLE.
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PORTFOLIO OF FINE PROPERTIES WESTERN NORTH CAROLINA IVESTER JACKSON | BLACKSTREAM | CHRISTIE'S 2021 VOLUME 1
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ASHEVILLE
NORTH ASHEVILLE MASTERPIECE 51 Robinhood Road | $3.675 M | MLS 3746119 Laura Browne Livaudais | 828-712-5445 Ellen Browne McGuire | 828-551-7027
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An incredible luxury residence located in beautiful North Asheville. Ideally designed both for grand entertaining as well as intimate family living. Impeccable attention to detail is evident everywhere, from the Tennessee stone walls and pillars to the showcasing architectural turret to the charming built-in art niches. Come enjoy this immaculate and incredible work of art.
MILLS RIVER
CASUAL ELEGANCE WITH SOUTHERN CHARM 400 Ray Hill Road | $3.45 M | MLS 3751433 Ellen Browne McGuire 828-551-7027 Laura Browne Livaudais 828-712-5445
A unique opportunity, 8 bedroom ensuites nestled on 5 acres.The possibilities are endless: a family compound, a venue with lodging, corporate retreat, a wellness retreat-the list goes on and on.
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SOLD
FAIRVIEW
FLAT TOP MOUNTAIN
630 Flat Top Mountain Road | $1.595 M| MLS 3741551 Miriam McKinney 828-777-7924 Britt Allen 828-450-8166
SOLD
ASHEVILLE
HISTORIC ASHEVILLE PENTHOUSE 181 Ardmion Park #4 | $1.7 M | MLS 3734637 Betsy Gudger 828-279-5789
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The Retreat is a gated lodge on 25.79 private acres with jaw-dropping mountain views facing south toward Bearwallow Mountain, Little Pisgah, and a swimming pond with a beautiful waterfall.
Soak up Asheville's beauty and history at the penthouse in Ardmion Park condominium. Previously known as the Sky Club and Asheville's hotspot for dancing, great food, and famous guests. This home gives the owner the opportunity to soak in the building's rich and unique history, as well as 6 welcome new generations to create their own.
FAIRVIEW
TO-BE-BUILT MOUNTAIN MODERN PLAN
565 Southcliff Parkway | $2.433 M| MLS 3550827 Jonathan Hunter 828-606-4160 Mike Zboyovski II 828-337-7600
Escape to Southcliff, western North Carolina's preeminent gated mountain estate enclave. This to be built, custom mountain modern plan is just minutes from dynamic Asheville. The home site is situated at just under 4000' in elevation and provides views that most people can only dream about.
SOLD ASHEVILLE
OFFICE EXCLUSIVE SOUTHCLIFF HOME 3 Turkey Roost Court | $915,000 | MLS 3767793 Jonathan Hunter 828-606-4160 (Representing Seller)
Ivester Jackson Blackstream represented both sides of this office exclusive transaction. A truly flawless home evoking a peaceful Zen like ambiance.
Laura Livaudais 828-712-5445 (Representing Buyer)
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ASHEVILLE
LITTLE FOREST
38 Little Forest Drive | $799,000| MLS 3753246 Oleg Romashchuk 828-215-0576
Spectacular and well maintained home on level lot in the heart of West Asheville! This custom built residence has been brilliantly modified to maximize space and livability. This gem is tucked away in serenity and yet is only minutes away from shopping, schools and everything Asheville has to offer!
LEICESTER
RED OAK PLANTATION 33 Big Sky Drive | $795,000 | MLS 3737558 Oleg Romashchuk 828-215-0576
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Conveniently located 15 minutes from vibrant downtown Asheville, enjoy sunrises over the Blue Ridge Mountains from this tasteful, luxurious European estate.
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ASHEVILLE
GROVE PARK NEIGHBORHOOD
69 Edwin Place | $1.3 M | MLS 3715344 Laura Browne Livaudais 828-712-5445
SOLD
In the highly coveted historic neighborhood of Grove Park, come live now in this home of your dreams. Come find the best of life here - and all of it located just minutes to downtown Asheville!
MILL SPRING
RECORD BREAKING SALE AT LAKE ADGER 383 Silver Ridge Road | $2.05 M| MLS 3721098 Carol Parker 631-834-9943 Laura Pegram 704-728-5122
This magnificent estate known as "The Mini Biltmore" was only on the market for 42 days before going Under Contract. The sale broke all records in the community of Lake Adger. This sale was a coeffort by agents from two Ivester Jackson offices. IJBProperties.com
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SOLD
COLUMBUS
A CASTLE IN COLUMBUS
64 Peniel Road | $1.45 M | MLS 3683505 Kim Gentry Justus 828-301-3330
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Dunwyck sits atop a gentle knoll on nearly 20 private acres. Each facade is different to give the appearance of being added through the decades, and all are crowned by a slate roof and whimsical chimney pots. The home features all the charm and coziness of English country living, but with updated modern amenities.
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DUNWYCK: 1920’S TUDOR REVIVAL FARMHOUSE WITH HISTORIC TIES Gracing the center of nearly 20 secluded acres in close proximity to Tryon, North Carolina, this stunning 1926 Tudor Revival mansion still stands as a testament to one of the country’s early female architects. Devereux Van Akin designed this magnificent country home for Chicago publisher, Herbert Cushman Metcalf and his wife, Mae Holmes Metcalf, who hosted celebrities such as J. David Niven, F. Scott Fitzgerald, George Gershwin and First Lady Grace G. Coolidge, among others. The current owners of 20 years added a spacious modern kitchen, a family room with a loft and fireplace, and a screened-in porch facing west toward the stunning mountain sunsets and remodeled the primary bathroom to include a steam shower and jetted tub. The genius of Van Akin’s design is apparent in this country home which combines the informal elements of a farmhouse with the more formal features of a country manor. The reverence for nature and natural materials, a hallmark of the Craftsman movement, guides the design. Each facade is totally different, and all are crowned by an amazing slate roof and whimsical chimney pots. The home features local granite, stucco, brick and halftimbering. This unique home features all the charm and coziness of English country living with modern amenities carefully designed to complement the original house. The nearly 6,000 square foot structure includes seven fireplaces, three full bathrooms and two half baths, four bedrooms, library, sun porch, screened-in porch, study, family room, dining room, butler’s pantry, mudroom and laundry room. The home also has a full basement and two full attics. Custom features include hand hammered brass hardware as well as many original lighting fixtures and bathroom and floor tiles. IJBProperties.com
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SOLD
LAKE LURE
PARABULL'S POINT
1883 Buffalo Shoals Road | $3.65 M | MLS 3734565 Damian Hall | 828-817-2046
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Parabull's Point is an Adirondack styled masterpiece on pristine Lake Lure. Checking all the boxes for those seeking refuge and relaxation. This stunning home features breathtaking views of Lake Lure, a 75-foot waterslide, a 14-foot water fall, and much more!
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SOLD
FAIRVIEW
BREATHTAKING VIEWS
165 Pinkerton Corner | $1.499 M| MLS 3734844 Ellen Browne McGuire 828-551-7027 Laura Browne Livaudais 828-712-5445
Le Petit Château De La Montagne offers comfortable living in an elegant French country-style home with breathtaking long-range mountain views. All quality craftsmanship, exuding elegance and tranquility, nestled on almost 4 acres and conveniently located within just minutes of downtown Asheville.
SOLD
ASHEVILLE
BILTMORE PARK HOME 1806 Ellicott Lane | $1,699,900 | MLS 3732861 Miriam McKinney 828-777-7924
The Grand mahogany double entryway welcomes you inside to the dramatic free-floating stairway with solid cherry handrail and custom ironwork. The 2-story great room with hand carved stone mantle and coffered ceilings is a dramatic focal point awash with natural light. French doors open to the expansive veranda, overlooking the heated saltwater pool, hot tub with waterfall feature. 13 IJBProperties.com
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SOLD
NEBO
LAKE JAMES 577 Waterglyn Way | $1.5 M | MLS 3712259 Rachel Stark 828-329-3552
Lake James waterfront home in a quiet, deep water cove with gorgeous lake and mountain views.
Representing Buyer
SOLD
MARS HILL
TRANQUIL LIVING IN MARS HILL 234 Sam Fox Road | $949,000| MLS 3733778 Mike Zboyovski II 828-337-7600
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Welcome home to your private & peaceful estate providing 16.80+/-acres of tranquil living amidst lush greenery & mature landscaping.
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OUR ASHEVILLE SIGNIFICANT SALES
S H E RWO O D H E I G H TS
T H E C L I F F S AT WA L N U T C O V E
LAKE ADGER 383 Silver Ridge Road
106 Robinhood Road
1 9 0 5 W h i t e Tr e e Tr a i l
L a u ra B row n e L i va u d a i s | 8 2 8 -7 1 2 - 5 4 4 5
M i ke Z b oyovs k i I I | 8 2 8 -3 37-76 0 0
Carol Parker | 631-834-9943
SOLD | $3.3 M
Representing Buyer
L a u ra P e g ra m | 70 4 -72 8 - 5 1 2 2
SOLD | $2.485 M
SOLD | $2.05 M
LAKE JAMES
L A K E V I E W PA R K
1806 Ellicott Lane
5 7 7 Wa t e r g l y n Wa y
616 Windsor Road
M i r i a m M c K i n n ey 8 2 8 -7 7 7-7924
Rachel Stark | 828-329-3552
L a u ra B row n e L i va u d a i s | 8 2 8 -7 1 2 - 5 4 4 5
B I LT M O R E PA R K
SOLD | $1,699,900
L A K E V I E W PA R K
Representing Buyer SOLD | $1.5 M
G R O V E PA R K
SOLD | $1.35 M
C L I F F S VA L L E Y
366 Midland Drive
1 Sunset Parkway
2 0 W i l d M a g n o l i a Wa y
Janet Blake | 828-450-5359
Ellen Browne McGuire | 828-551-7027
Damian Hall | 828-817-2046
Laura Browne Livaudais | 828-712-5445
Closed Representing Buyer & Seller
SOLD | $1.3 M
SOLD | $1.15 M
SOLD | $1,436,985
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ASHEVILLE
SUNSET MOUNTAIN 101 Crestwood Road | $1.95 M | MLS 3623558 Betsy Gudger 828-279-5789 Laura Browne Livaudais 828-712-5445
This exquisite Asheville mountain home sits high above the city of Asheville on 2.39 acres. Architecturally designed, this modern home is filled with light and its walls of windows provide spectacular views of the beautiful Blue Ridge Mountains.
SOLD
ARDEN
THE CLIFFS AT WALNUT COVE 1905 White Tree Trail | $2.485 M | MLS 3727662 Mike Zboyovski II 828-337-7600 Representing Buyer
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Magnificent contemporary mountain home in The Cliffs at Walnut Cove.
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BLACK MOUNTAIN
DEVELOPER OPPORTUNITY
9999 Major Mountain Road | $1,799,990 | MLS 3591640 Miriam McKinney 828-777-7924
Developer opportunity to own gated Black Mountain platted subdivision with 125 lots. Some of the most unbelievable views that Western North Carolina has to offer with gentle topography ready for building. The community overlooks the Pisgah National Forest giving 50+ mile views on a clear day!
ASHEVILLE
PRIVATE GATED COMMUNITY IN NORTH ASHEVILLE Wildcat Cliffs | $150K - $350K Laura Browne Livaudais 828-712-5445 Ellen Browne McGuire 828-551-7027
Wildcat Cliffs is a private gated community in treasured North Asheville. Envision the option to finally build the home-of-your-dreams in this prestigious neighborhood. Sited a mere three miles from highly acclaimed downtown Asheville and just minutes to the celebrated Blue Ridge Parkway.
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Nature at your doorstep...
Southcliff Just minutes from vibrant Asheville, Southcliff blends mountain modern living and unparalleled scenic beauty, with just the right touch of sophistication and a strong sense of community. Southcliff's residents enjoy access to an award winning outdoor lifestyle featuring miles of hiking trails, community gathering places, and cascading mountain streams, all situated perfectly within the privacy of its secure and gated grounds.
• Exclusive gated mountain community • Spectacular mountain views and 6 miles of unrivaled hiking trails • Outdoor neighborhood gathering spaces, playgrounds, and community fire pits • Voted “Asheville’s Best Long Range Views” in 2017
Build your custom mountainside getaway with us and find your way back to a simpler way of living.
10 Southcliff Parkway, Fairview, NC 28730 SouthcliffAsheville.com | 828-628-3532 | Southcliff@IJBProperties.com
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LAURA BROWNE LIVAUDAIS Senior Broker 828-712-5445 Laura@IJBProperties.com IvesterJacksonBlackStream.com
Laura Browne Livaudais is a respected real estate marketing professional in Western North Carolina. Her unique marketing strategy is the culmination of deep, generational knowledge of the distinctive neighborhoods that comprise the greater Asheville area, 20+ years as a top-producing broker and specialized trainings including, CRS, GRI, and as a Christie's Certified Luxury Specialist. Her expertise and the power of the 250-year trusted Christie's brand, combined with in-depth marketing plans to unrivaled channels, and special events, you can be confident that your home is receiving the maximum exposure to the largest cross-section of qualified buyers, whatever the price point may be. Laura’s cool confidence, keen negotiating abilities, listening and problem-solving skills are the reason her clients repeatedly turn to her to handle their real estate brokerage needs.
MIKE ZBOYOVSKI II Senior Broker
828-337-7600 Mike@IJBProperties.com IvesterJacksonBlackStream.com Asheville is America’s new darling - if you consider the entire most recent decade (the last 10 years!) as being “new.” It tops many lists nationally - year after year - in terms of quality of life, which bodes exceptionally well for you in terms of real estate. As a Broker, Mike Zboyovski II - a (rare) native - brings to you a lifetime of an insider ’s knowledge of Asheville - a vital boon to you in terms of local real estate, investments and development. In addition to extensive in-the-know insights, Mike offers you the peace of mind obtained from working with the best people - especially his invaluable professional community connections. Thanks to his intrinsically deep-rooted client-centric nature, you may rest assured in knowing that your best interests remain Mike’s focus. Simply avail yourself of Mike’s priceless insider expertise and reap the proven lucrative rewards.
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OLEG ROMASHCHUK 828-215-0576 Oleg@IJBProperties.com IvesterJacksonBlackStream.com Since relocating from Washington state in 2000, Oleg has called Asheville home. A licensed Residential/Commercial builder since 2006, Oleg's understanding of site prep and house construction is immense. His main goal is for his clients to get the best possible outcome on both sides of a real estate transaction. Whether it's figuring out house possibilities on a vacant lot or preparing a home to be presented on the market, Oleg's expertise and ties to his construction network work to assist his clients.
ELLEN BROWNE MCGUIRE Senior Broker
828-551-7027 Ellen@IJBProperties.com IvesterJacksonBlackStream.com An Asheville native, Ellen brings hyper-local expertise coupled with the world’s most trusted luxury real estate brand to effectively market your home. Her success in the residential real estate industry can be attributed to her 22 years in education. “Patient” “incredibly organized,” “pro-active thinker,” and “creative” are all adjectives Ellen’s clients have used to describe her. A warm personality is why her clients quickly become friends. Ellen and her husband, Joe, live and play in North Asheville. You may see Ellen walking her dog Lucy-around the rose garden or on her way to workout at the Grove Park Inn. When she’s not with clients, she enjoys visiting her two adult children and spending time in our region’s gorgeous outdoor playground.
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MIRIAM MCKINNEY Senior Broker
STACEY KLIMCHUK
828-777-7924 Miriam@IJBProperties.com IvesterJacksonBlackStream.com
828-777-3152 Stacey@IJBProperties.com IvesterJacksonBlackStream.com
A true native to the Western North Carolina area with family roots dating back to 1810, I am a true ambassador for Western North Carolina with undergraduate degrees from Mars Hill University and a MBA from Western Carolina University. As a former teacher in the area my goal is to educate, whether a buyer or seller, by providing the most current, relevant information available and by giving expert guidance throughout. My professional goal is to exceed my client's expectations through a commitment to excellence. The result is that I have been a top producing Realtor providing clients with successful outcomes for 19 years. I am licensed in both North and South Carolina and working on a CCIM designation to better serve commercial/residential investors and developers.
JANET BLAKE
Senior Broker
Stacey Adams Klimchuk grew up in Asheville and has watched Western North Carolina grow into the thriving and vibrant region it is today. After graduating from Denison University, Stacey lived in Manhattan where she worked in sports marketing and advertising sales. Ultimately, the allure of the Asheville lifestyle drew her home. Stacey has an innate understanding of market conditions and trends in the Asheville area and this expertise, along with her marketing and sales background, equates to great results for her clients. She is a skilled communicator and is committed to exceeding expectations at every stage in process of buying and selling real estate. Stacey is a member of Women for Women, The Junior League of Asheville, is a committee member for Maccabiah USA, and supports BRCA research and Breast Cancer Awareness. She and her husband reside in Biltmore Forest with their dog, Bogey.
KIM GENTRY JUSTUS
Senior Broker
Senior Broker
828-450-5359 Janet@IJBProperties.com IvesterJacksonBlackStream.com
828-301-3330
Janet Blake is a trusted real estate advisor in Western North Carolina. Her 25+ years of paralegal background in real estate development, corporate, estate and trust administration has formed a professionalism and work ethic in her that inspires trust. Janet is experienced with new home construction as well as home renovations and historic preservation. A love of the WNC mountains brought Janet to Asheville in 2006 from south Florida. She has raised 3 children and has a passion for serving others in our community. Janet’s interests outside of real estate include photography, hiking and exploring the beautiful mountains with her two golden-doodles, Lila and Logan.
Kim@IvesterJacksonBlackStream.com
IvesterJacksonBlackstream.com Kim's roots in our area go back several generations. Her mountain roots affords Kim a perspective that is becoming more and more unique in a local agent. She knew Asheville before it grew and developed into the popular destination it is today. She knew the mountain communities surrounding Asheville when they were decidedly more sleepy. Her combined negotiation skills and decade of real estate experience helps buyers and sellers get the most money from whatever side she is negotiating. Her real estate focus includes land, farms, new construction and luxury properties. From Asheville to Highlands, Maggie Valley to Black Mountain, Burnsville to Hendersonville, and all communities in between, Kim is excited and qualified to assist. IJBProperties.com
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RACHEL STARK 828-329-3552 Rachel@IJBProperties.com IvesterJacksonBlackStream.com Rachel is a multimillion-dollar top producing real estate professional who has lived in North Carolina for over 20 years. She is known for her high standards of professionalism and dedication to client satisfaction. Originally from New England, she found her way to North Carolina to play college field hockey at Catawba College. After graduating from nursing school at Western Carolina University, she found her way to Asheville and knew she had found her home. Rachel has an extensive market knowledge of the Asheville and Lake James areas, and she spends her free time with her husband Brad and their rescue pup Winston at their home on the lake. Rachel loves running, hiking, mountain biking, paddle boarding and Lagree Pilates and is always up for new adventures. Her experience as a Registered Nurse taught her to always listen and put the needs of others first. Rachel has a compassionate and caring nature and although her first love was healthcare; her true passion is real estate.
JOY PHARR
Senior Broker 704-418-2963 Joy@IJBProperties.com IvesterJacksonBlackStream.com I love Cleveland County! I grew up in a real estate family here in Shelby. I graduated from NC State in 1991 with a degree in Environmental Science and Natural Resource Management. I moved back to Shelby to develop and build Charlie Horse Farm. An equine competition training and boarding facility. I trained horses and riders at all levels, from beginners to Olympic quality horses. I enjoyed helping them develop and reach their goals in dressage, cross country jumping and show jumping. Key to my success was matching good horses with good riders. Today as a real estate professional, I find this same formula to be true for my buyers and sellers. It is all about finding the right FIT and needs for the clients. From the Countryside to the City to beautiful Lake Moss and beyond, I will help you find the right FIT! From helping you find raw land and developing it into your dreams, just I like I did with Charlie Horse Farm. Or finding the right neighbor for your family, as I have on Moss Lake with my family. I am here to help you ENJOY the process of selling or buying your dream home. Whether by car or boat I can show you all that Cleveland County has to offer.
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AS H E V I L L E
FA I RV I E W/S O U T H C L I F F
I V E ST E R JAC K S O N B L AC K ST R E A M
I V E ST E R JAC K S O N B L AC KST R E A M
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C H A R LOT T E
LAKE NORMAN
I V E ST E R JAC K S O N
I V E ST E R JAC K S O N
704-817-9826 1515 Mockingbird Lane, Suite 900 Charlotte, NC 28209
704-655-0586 21025 Catawba Ave, Suite 101 Cornelius, NC 28031
NORTH SHORE
W I L M I N GTO N
I V E ST E R JAC K S O N
I V E ST E R JAC K S O N COASTA L
980-435-5169 350 Morrison Plantation Pkwy, Suite C1 Mooresville, NC 28117
910-300-5140 527 Causeway Drive Wrightsville Beach, NC 28480
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AS H EVILLE | FAIRV I EW & SOUT HC L I F F | G R EE N V I L L E | C H A R LOTTE | L A K E N O R M A N | MO O R S E V I LLE | WI LM I NGTO N
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