Views
Address
129 Alnic Lane, Banner Elk, NC
Price
$ 2,750,000
Property Attributes
- ID#4102633
- TypeContingent
- CountyWATAUGA
- CityBanner Elk
- AreaWatauga County
- Zip28604
- StyleN/A
- Price$ 2,750,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size9 Acres
Data Source:
Canopy MLS
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 boasted strong rental income in 2022 & 2023— and its new, boutique STR 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!
| Price History | |
|---|---|
| 2/5/2024 | Listed $2,750,000 |
General Features
| Sewer | Septic Installed |
|---|---|
| Heating | Baseboard,Central,Electric,Heat Pump,Propane,Wall Furnace,Wood Stove |
| Cooling | Central Air,Ductless,Window Unit(s) |
| Utilities | Electricity Connected,Fiber Optics,Propane |
| Roof | Aluminum,Composition |
| Construction Materials | Log,Wood |
| Year Built | 2000 |
| Property SubType | N/A |
| Elevation | 2500 |
| County | Watauga |
| New Construction | No |
| Property Type | Commercial Sale |
| Directions | From Boone or Banner Elk,take Hwy 105 to Broadstone Rd. Follow Broadstone Rd 2.5 miles to left onto Maple Spring Rd and then take an immediate left onto Alnic Lane. No Drive-Bys Please. |
| City | Banner Elk |
| Total Units | 5 |
| Number of Units Leased | 5 |
| Street Name | Alnic |
| Standard Status | Active Under Contract |
| CAR_HOASubjectTo | None |
| Restrictions | No Representation |
| Tax Assessed Value | 1173400 |
Interior Features
| Flooring | Carpet,Tile,Vinyl,Wood |
|---|---|
| Street Suffix | Lane |
Exterior Features
| Parking Features | Assigned |
|---|---|
| Lot Features | Cul-De-Sac,Green Area,Hilly,Private,Views,Wooded |
| Water Source | Well |
| Inclusions | Building,Fixtures,Land |
| Lot Size Area | 9 |
| Foundation Details | Crawl Space |
| Number of Buildings | 6 |
| Road Surface Type | Paved |
| Lot Size Units | Acres |
| Road Frontage Type | Private Road,State Road |
| Road Responsibility | Private Maintained Road |
| Road Frontage | 276 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Contingent Average in 28604
Price
Visits
Year Built
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