Ivester Jackson Blackstream Portfolio of Fine Properties Vol. 2 2022

PORTFOLIO OF FINE PROPERTIES WESTERN NORTH CAROLINA IVESTER JACKSON | BLACKSTREAM | CHRISTIE'S 2022 VOLUME 2

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HOUSING MARKET STEADIES AS INTEREST RATES RISE Western North Carolina’s housing market shows a steady hand as national

Interest rates have steadied but still remain near record highs for the year and

housing markets begin to cool. Inventory remains low in most areas, which in

we don’t see this easing in the near future. While some economists speculate

turn has kept pricing and days on market stable across the region. Regional and

we are seeing a plateau as it relates to inflation, it's still too early to know.

national buyers continue their migration to the area which has paced sales and

The mid-market ($500k-$999k) are still heavily reliant on interest rates and

home prices in most segments. It will be interesting to keep an eye on interest

we’ve started to see a slight pull back as consumers wait on the sidelines to see

rates and inventory over the next 60-90 days, as it will certainly impact pricing

how interest rates shake out. Cash still rules the luxury segment as over 75% of

and days on market moving through the 3rd and 4th quarters. As noted in the

our firm's transactions over $1M closed with cash.

most recent market reports, outlying areas such as Polk, Jackson, and Cleveland counties are seeing a surge in luxury home sell-through and many markets have seen record breaking sales.

While both closed sales and pending transactions are up in most of the segments outlined in our most recent Q2 Market, we do expect a bumpy ride

Keeping an eye on the "Emerging Markets" piece will be key as some luxury

for the remainder of the year. The FED has continued to signal a potential

buyers have continued to look outside of Asheville and Buncombe county

interest rate hike which will result in higher mortgage rates in the future .

to find a second or third home while also staying close to arts, cultural

As mentioned above, the mid-market is much more sensitive to interest rate

entertainment, dining, and regional air travel hubs. As a firm, we have seen an

hikes, while the high end market is much more tied to the stock market. The

uptick in ultra-luxury (Over $2M) transactions in communities such as Balsam

financial markets have been up and down for most of the year and many of the

Mountain Preserve in Sylva. These ultra-luxury buyers aren’t as sensitive to

top economists believe we will likely continue this trend until at least the end

an expansion in the mortgage rate as much as they are tied to the financial

of 2022. Razor thin inventory across Western North Carolina will continue

markets. Moving forward we see these areas continuing to gain traction with

to affect sell-through as demand will more than likely continue to outstrip

buyers from across the country.

supply moving forward. We anticipate sales volume to cool slightly, while values continue to remain stable across the region.

Regards,

Jonathan Hunter Broker-in-Charge 828-606-4160

Reed Jackson Managing Partner 704-713-3623

ON THE COVER Meg Lagodzki Winter Forest Acrylic paint and collage on panel 8 x 8 inches Courtesy of Momentum Gallery, Asheville

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REACH THE WORLD'S LEADING COLLECTORS OF FINE ART & EXCLUSIVE PROPERTIES

WOULD YOU LIKE TO HAVE YOUR PROPERTY FEATURED IN THIS PUBLICATION? Contact us at: 828-367-9001 www.IJBProperties.com

PORTFOLIO OF FINE PROPERTIES WESTERN NORTH CAROLINA IVESTER JACKSON | BLACKSTREAM | CHRISTIE'S 2022 VOLUME 1

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ASHEVILLE

INCREDIBLE SUNSETS & MOUNTAIN VIEWS 99 Crestridge Drive | $3.9 M | MLS 3877084 Laura Browne Livaudais | 828-712-5445

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Sited for private tranquility on +/-3.0 acres & situated at 3,000’ elevation in the prestigious gated community of Poplar Ridge in South Asheville. Main level living incorporates: 20’ cathedral ceiling, great room floor-to-ceiling windows, 4 stacked stone fireplaces, primary suite on main with a private covered deck, 2 home offices, gourmet chef ’s kitchen with a butler’s pantry, dining room, and den.

MORGANTON

LAKE JAMES DISTINCTIVE ELEGANCE 4950 Canterbury Place | $2.75 M | MLS 3851182 Rachel Alosky Stark | 828-329-3552

Custom distinctive waterfront home situated on 2 acres with over 550-feet of private shoreline and a two-story dock. Timeless, traditional three-story Victorian-style home ideal for entertaining and enjoying the breathtaking lake, mountain, and western sunset views.

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ASHEVILLE

CONTEMPORARY OASIS BY THE STREAM IN N. AVL 360 Webb Cove Road | $1.85 M | MLS 3848464 Laura Browne Livaudais | 828-712-5445

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Beautifully crafted home with an over 30' tall wall-of-windows to enjoy this scenic retreat. Four Bedrooms, three and half bath on 4.46 acres.

Located 1/2 mile from the Blue Ridge Parkway and minutes to Downtown Asheville.

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SOLD

BILTMORE FOREST

BILTMORE FOREST LUXE LIVING 4 Stuyvesant Crescent | $1.175 M | MLS 3807869 Jonathan Hunter | 828-606-4160 Stacey Klimchuk | 828-777-3152

Luxe living in Biltmore Forest, Asheville’s most distinguished address, on a full acre lot. This well appointed home welcomes you with warmth & comfort.

Jonathan Hunter also representing buyer IJBProperties.com

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ASHEVILLE

INCREDIBLE MOUNTAIN & DOWNTOWN AVL VIEWS 92 Robinhood Road | $2.2 M | MLS 3791972 Laura Browne Livaudais | 828-712-5445

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Beautifully renovated home in North Asheville with incredible views and privacy. Four bedrooms, 4 1/2 bath, office, spacious garage, incredible deck, family room, beautiful kitchen with eat - in area, and lots of storage.

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SOLD

ASHEVILLE

NORTH ASHEVILLE DREAM COTTAGE 599 Beaverdam Road | $685,000 | MLS 3881408 Jonathan Hunter | 828-606-4160 Representing buyer and seller

This home is the epitome of mid-century modern living! This 3 bedroom, 1.5 bath dwelling resides on a spacious 1.00 +/acres.

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MILLS RIVER

YOU HAVE TO SEE IT TO BELIEVE IT 400 Ray Hill Road | $2.995 M | MLS 3786425 Ellen Browne McGuire | 828-551-7027 Laura Browne Livaudais | 828-712-5445

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Unique opportunity, the possibilities are endless.

Family home with separate rental opportunity, a venue with lodging, corporate retreat, a wellness center. The list goes on and on. 5.2 private acres.

8 beautiful en-suites; 5 in the main house. A separate dwelling with 2 more en-suites and a 1 bedroom apartment. Home is being sold completely furnished, truly a turn-key investment!

Incredible location in Mills River, NC 10

WHAT DREAMS ARE MADE OF 400 Ray Hill Road While traveling through Europe as a young adult, Selena Einwechter, visited many charming Bed and Breakfasts and was fascinated by the versatility and design of each space that seemed to fit seamlessly with the local landscape. With each travel she forged connections with innkeepers and travelers alike and always felt as if she was at her home away from home and dreamed to create the same experience for others.

After years in the corporate world Selena found herself ready to make her vision come to life and set out to design the perfect B and B based off her experiences.

She secured a 5 acre property with meandering trails, mountain views, and a fantastic central location in Mills River just 10min from AVL airport, 15min from Brevard/Pisgah Forest, 15min from Hendersonville and 30min from Asheville.

Upon the 5 acre property sits a picturesque Main House with 4700 sqft of living space including a commercial chef's kitchen, multiple living spaces with ample patio space, and 5 bedrooms all with en-suites and personal climate control systems so each guest's experience is tailored to their comfort level.

Outside of the main house sits a charming Carriage House with 1200 sqft two additional guest rooms with full en-suites on the upper level with the ability to adjoin for large groups.

On the lower level you will find a 1100sqft high end studio apartment with a one car garage, ideal for a caretaker’s suite.

For 15 years Selena has created memories that will last a lifetime for guests that return from all over the world annually to rest and retreat in this space that has been named a Southern Living Choice B&B for many years.

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FLETCHER BLACK MOUNTAIN

UNDER CONTRACT

MOUNTAIN VIEW LOT IN COUCH MOUNTAIN

158 Laurel Ledge Way #28 | $544,920 | MLS 3788731 Rachel Aloksy Stark | 828-329-3552

Large, level 2.5 acre lot with expansive long-range southeast and southwest mountain views and breathtaking sunsets. The homesite is cleared and ready to build on with a 4-bedroom septic permit, space for bees and chickens, and sunny areas for gardening.

MARION

IMMACULATE FARMHOUSE HOME 40 UNRESTRICTED ACRES LAND 100 Ridge Street | $1.2 MOF | MLS 3894191

Jakes Branch Road | $360,000| MLS 3806399 Anna Grace | 828-273-5052 Rachel Alosky Stark | 828-329-3552

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Rudd Orr | 828-329-1519

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Immaculate farmhouse home just blocks from downtown Black Mountain & Lake Tomahawk Situated 35 minutes from Asheville, 15 features minutes ato Park! The open concept living area downtown Marion, and only 10 minutes from large Old gourmet kitchen with huge kitchen island, Fort.

Convenient to I-40 and Lake James with dining area, floor-to-ceiling stone fireplace easy access via paved roads.

The property is bordered (wood-burning), laundry room with by built-ins, Jake Creek&and features mature trees, beautiful hardwood floors.abundant wildlife and mountain views from the top.

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SOLD

SYLVA

BALSAM MOUNTAIN PRESERVE

1674 preserve road | $3.85 M |MLS 3831546 Laura Browne Livaudais | 828-712-5445

SOLD

This striking contemporary home will allow the most sophisticated of buyers to feel they have found their masterpiece. While it blends beautifully with the land, it will be the home's exquisite elements that will prompt you to cherish this genuine Work of Art.

BILTMORE FOREST

BILTMORE FOREST 8 Busbee Road | $1.465 M | MLS 3869656 Laura Browne Livaudais | 828-712-5445

Stately. Grand. Refined. Private. A flawless Biltmore Forest Estate.

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SOLD

MARION

LAKE JAMES LUXURY ESTATE

6521 Lake James Road | $1.28 M | MLS 3839021 Rachel Alosky Stark | 828-329-3552

SOLD

FAIRVIEW

SOUTHCLIFF 72 Wonderland Ridge Lane #612 | $2.28 M | MLS 3864945 Stacey Klimchuk | 828-777-3152

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Privately gated estate overlooking the pristine waters of Lake James. This home captures the ideal balance of luxury and comfort with 100-year-old original barn doors, a floor-to-ceiling stone fireplace, and 20-foot vaulted ceilings. Enjoy sunrises over the lake from the front porch and mountain views from the screened-in back porch.

Closed Representing Buyer

Stunning home with incredible mountain views located in sought after Southcliff! Only 15 minutes to downtown Asheville and 4 miles to the Blue Ridge Parkway.

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OUR ASHEVILLE SIGNIFICANT SALES

B A L S A M M O U N TA I N P R E S E R V E

B I LT M O R E F O R E S T

SHELBY

1 6 74 P r e s e r v e R o a d

19 Southwood Road

1 47 C a b a n i ss Fa r m D r i ve

Laura Browne Livaudais | 828-712-445

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

Joy Pharr | 704-418-2963

SOLD | $3.85 M

SOLD | $2.3 M | Representing Buyer

SOLD | $1.29 M

T R YO N

B L A C K M O U N TA I N

R E Y N O L D S M O U N TA I N

560 Club Road

9 Winding Poplar Road

1 1 1 P o i n t s We s t D r i v e

Damian Hall | 828-817-2046

Janet Blake | 828-450-5359

Meg Atkinson | 843-601-4191

SOLD | $1.275 M

SOLD Representing Buyer and Seller | $1.28 M

E l l e n B row n e M c G u i re | 8 2 8 - 5 5 1 -7027 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 SOLD | $1.265 M

B I LT M O R E F O R E S T

L A U R E L PA R K

NORTH ASHEVILLE

4 Stuyvesant Crescent

1 9 1 3 Tr e l l i s L a n e

50 Sonnet Lane

Jonathan Hunter | 828-606-4160

Rudd Orr | 828-329-1519

Janet Blake | 828-450-5359

S t a cey K l i m c h u k | 8 2 8 -7 7 7-3 1 52

SOLD | $875,000 | Representing Buyer

SOLD | $873,000 | Representing Buyer

SOLD | $1.175 M

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An Unrivaled Global Connection

MAP

Reach the World's Most Affluent Collectors of Art and Fine Properties  50 Auction houses, 1,350 Real Estate offices  200,000 monthly digital newsletter subscribers  Magazine & art catalogs read by 250,000+ quarterly 16

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Experience The Difference NEW, PENDING & SOLD IJCOASTAL.COM 910.300.5140

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Over 75 estate homes listed at over $2 million in value sold over the past year

HIGHLAND HILLS | MIDTOWN 1615 Azalea Drive

Happy Clark | 917-533-5411

Christie's reaches the world's leading collectors of WILMINGTON | LANDFALL WILMINGTON | LANDFALL fine art and exclusive properties with over 900 of1933 Lunar Lane | Represented Buyer 1168 Arboretum Drive | Represented Buyer fices and 400 annual auctions Britt Allen | 828.450.8166

Marshall Pickett | 910-619-8710

910.300.5140 | IJCoastal.com | 527 Causeway Drive Wrightsville Beach, NC 28480

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SOLD

CANTON

MYSTIC COVE

NORTH SHORE WATERFRONT PROPERTY

28 Sue Drive | $615,000 | MLS 3861867

177 North Shore Drive | $675,000 | MLS 3876662

Stacey Klimchuk | 828-777-3152

Joy Pharr | 704-418-2963

ASHEVILLE

BUILD YOUR DREAM HOME IN THE MOUNTAINS 115 Vance Gap Road | $599,000 | MLS 3812427 Ellen Browne McGuire | 828-551-7027 Laura Browne Livaudais | 828-712-5445

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CHERRYVILLE

BILTMORE FOREST

UNDER CONTRACT

BILTMORE FOREST RANCH 14 Buena Vista Road | $865,000 | MLS 3890352 Stacey Klimchuk | 828-777-3152

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400 RAY HILL ROAD

Investment Properties Available 5.2 ACRES MILLS RIVER

152.39 ACRES BLACK MOUNTAIN

400 Ray Hill Road $2.995 M

9999 Major Mountain Road $1,799,900

Casual elegance with Southern Charm! Unique opportunity, the possibilities are endless, family compound, a venue with lodging, corporate retreat, a wellness center-the list goes on and on.

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.

Ellen Browne McGuire 828-551-7027 Laura Browne Livaudais 821-712-5445

Miriam McKinney 828-777-7924

2.15 ACRES FLETCHER UNDER CONTRACT 34 & 22 Redmond Drive $775,000

Rapid growth area just off of Airport Road. 2 adjacent parcels sold together comprised of 2.15 acres.

Miriam McKinney 828-777-7924 Stacey Klimchuk 828-777-3152

Contact us today to schedule a consultation about your commercial real estate needs IJBProperties.com

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ASHEVILLE

BLACK MOUNTAIN

RIDGEVIEW ESTATES

SWEET BIRCH COMMONS

139 Stonecrest Drive | $895,000 | MLS 3875725

506 Sweet Birch Park Lane | $627,500 | MLS 3896916

Miriam McKinney | 828-777-7924

Anna Grace | 828.273.5052

MARS HILL

WAYNESVILLE

SOLD

UPDATED MARS HILL HOME

CASTLE CREEK VILLAGE

649 Upper Bailey Branch Road | $595,000 | MLS 3863996

29 Shannon Place #106 | $250,000 | MLS 3880127

Kim Gentry Justus | 828-301-3330

Cami Silver | 828-775-9780

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n s o ' s e k i t c s a Chri J r e t Ives kstream t r c o a l p e B e l R l i t v e Ashe ry Mark Luxu

OUR QUARTER 2 LUXURY MARKET REPORT IS

AVAILABLE NOW

22 0 2 Q2 22

ANNA GRACE 828-273-5052 Anna@IJBProperties.com IJBProperties.com A Carolina native, she has traveled the world. When working as an International Business Development Executive, she facilitated the creation of luxury spaces for prestigious world-class clients. Speaking of her clients, her time spent with the Ritz Carlton instilled Anna Grace with their world renowned Gold Standard of the finest personal service - by creating a unique and unforgettable experience for each person - which she successfully achieves at Christie’s International Real Estate. Avail yourself of Anna Grace’s exceptional real estate skills to thoroughly enjoy a first-class real estate experience.

JONATHAN HUNTER Broker in Charge 828-606-4160 JHunter@IJBProperties.com IJBProperties.com Jonathan is a true native Ashevillian. His hyperlocal real estate insights may be attributed to his deep roots - countless generations deep - a boon both to you and to your real estate goals. His professional credentials incorporate both an active North Carolina Certified Real Estate Appraiser’s license (a priceless advantage in your favor) along with his NC Realtor’s Broker-in-Charge license. His top real estate expertise, coupled with his appraisal skill mastery, have been recognized and applauded not only by the industry but also by his clients - and proven by his record setting multi-millions in closed transactions.

Reward yourself today and enjoy the advantage of his approachable style highlighted by his unforgettable concierge level of service.

ELLEN BROWNE MCGUIRE Senior Broker

828-551-7027 Ellen@IJBProperties.com IJBProperties.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.

LAURA BROWNE LIVAUDAIS Senior Broker

828-712-5445 Laura@IJBProperties.com IJBProperties.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.

IJBProperties.com

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SHARON HENADY 828-585-7311

RACHEL STARK 828-329-3552 Rachel@IJBProperties.com IJBProperties.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.

Sharon@IJBProperties.com IJBProperties.com Sharon’s strengths (over the course of a nearly three decade long real estate career) may be duly credited to her deep-rooted ability to establish and nurture genuine relationships. She has successfully cultivated a solid regional referral business working with buyers and sellers from around the country.

Having a sterling 16 years of her own independent brokerage practice, her depth and breadth of brokerage skills are incomparable. She joined Ivester Jackson Blackstream I Christie’s International Real Estate because she views the Christie’s brand as the “Best of the Best” - a win for each and every one of her clientele. In addition to her North Carolina license, Sharon also remains licensed in Indiana. Her professional memberships include: National Association of Realtors (NAR), the Carolina Multiple Listing Service (MLS), and the Hendersonville Board of Realtors. As for her accolades, she has earned the esteemed GRI designation, as well as the CRS designation. Further, she holds a Luxury Homes Certification from the NAR .

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CONTACT OUR ELITE AGENTS FOR EXPERT ADVICE

ANDREAS TROSS

828-785-9817

DAMIAN HALL

828-817-2046

JOHN KENT

864-784-9918

LAURA LIVAUDAIS

828-712-5445

ANNA GRACE

828-273-5052

DEBRA OWENSBY

864-404-8295

JONATHAN HUNTER

828-606-4160

MEG ATKINSON

843-601-4191

BETSY GUDGER

828-279-5789

BRITT ALLEN

828-450-8166

CAMI SILVER

828-775-9780

ELLEN BROWNE MCGUIRE

828-450-5359

561-427-4777

JOY PHARR

KIM GENTRY JUSTUS

KIMBERLY HARKNESS

828-551-7027

704-418-2963

MIKE ZBOYOVSKI II

828-337-7600

JANET BLAKE

828-301-3330

MIRIAM MCKINNEY

828-777-7924

JOEL WOLK

828-458-7472

MITCH CORN

828-808-8359

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OLEG ROMASHCHUK

828-329-3552

SUSAN HEATLEY

TIFFANY DORAU

786-348-6522

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RACHEL STARK

828-215-0576

864-246-1483

RUDD ORR

828-329-1519

TIM HEATLEY

864-561-1489

SHARON HENADY

828-585-7311

STACEY KLIMCHUK

828-777-3152

TK HEATLEY

828-506-0589

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LAKE NORMAN

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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

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I V E ST E R JAC K S O N

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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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ASHE V IL L E | G R EEN V IL L E | C HAR LOTTE | L A K E N O R M A N | MO O R S E V I L L E | W I L M I N GTO N

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