Searching for a buildable lot with water features in a gated mountain community? Price recently reduced and now listed well below tax value—this is your opportunity to secure an incredible mountain property at an exceptional price! Lot #1 in Mountain Watch at Brannon Forest offers .91 acres of gently sloping land with a stream running through the property, perfect for a serene full-time home or a vacation retreat in the heart of Western North Carolina. Located just minutes from downtown Waynesville and Maggie Valley, this private parcel sits in a quiet, well-maintained enclave within the Brannon Forest subdivision. The lot combines usable terrain with mature trees, a natural water source, and a peaceful mountain backdrop—ideal for designing your custom mountain escape. Underground utilities are available. Community features include paved roads, light restrictions, and access to Brannon Forest amenities nearby (buyer to confirm). Enjoy easy access to the Blue Ridge Parkway, Lake Junaluska, and the Great Smoky Mountains National Park. Act fast to take advantage of this new pricing! Driveway and home site placement to be verified by buyer. No short-term rentals permitted per current HOA guidelines.