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Key Details
Sold Price $2,250,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 4102633
Sold Date 10/24/24
Year Built 2000
Lot Size 9.000 Acres
Acres 9.0
Property Description
Don't miss this captivating 5-cabin property on 9 acres, including 6 undeveloped acres on the ridge, centrally located between Boone and Banner Elk. The property saw strong rental income in 2022 & 2023—and its new, boutique rental management program offers passive ownership with a high-ROI venture from day one and room to grow! One studio cabin, one 1BD/1BA cabin, two 2BD/1BA cabins, and a deluxe 2BD/2BA cabin—all within a 1/2 mile to the iconic Mast General Store & Valle Crucis Park. Lighted pathways will guide your guests to the neighboring inn for delightful evenings of fine dining and live music. Flexible and spacious for family reunions, corporate retreats, event stays, or individual vacation rentals. Current 6 BR septic and well permits for the undeveloped ridge. Utilize the roughed-in drive and available build sites for your dream residence or explore further revenue growth with additional cabin builds, amenities, or event space. Come see this fantastic property today!
Location
State NC
County Watauga
Zoning County
Interior
Heating Baseboard, Central, Electric, Heat Pump, Propane, Wall Furnace, Wood Stove
Cooling Central Air, Ductless, Window Unit(s)
Flooring Carpet, Tile, Vinyl, Wood
Exterior
Fence Partial
Utilities Available Electricity Connected, Fiber Optics, Propane
View Long Range, Mountain(s)
Roof Type Aluminum,Composition
Parking Type Assigned
Building
Lot Description Cul-De-Sac, Green Area, Hilly, Private, Views, Wooded
Foundation Crawl Space
Sewer Septic Installed
Water Well
Structure Type Log,Wood
New Construction false
Others
Senior Community false
Restrictions No Representation
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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© 2024 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Bought with Non Member • Canopy Administration
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