Property Attributes
- ID#4125963
- TypeContingent
- CountyWATAUGA
- CityBanner Elk
- AreaWatauga County
- Zip28604
- Style
- Price$ 2,750,000
- Bedrooms8
- Full Bathrooms6
- Half Bathrooms0
- Sqr Footage4496
- Lot Size9 Acres
Data Source:
Canopy MLS
Property Description
Don't miss this captivating 5-cabin property on 9 acres, including 6 buildable acres on the ridge, centrally located between Boone and Banner Elk. The property boasted strong rental income in 2022 & 2023— and its new, boutique rental 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 Annex & 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, added amenities, or event space. Come see this fantastic property today!
Elementary School | Middle School | High School |
---|---|---|
Valle Crucis Elementary School | Valle Crucis Middle School | Watauga High School |
Price History | |
---|---|
4/5/2024 | Listed $2,750,000 |
General Features
Interior Features | Vaulted Ceiling(s) |
---|---|
Sewer | Septic Installed |
Heating | Baseboard,Central,Ductless,Electric,Heat Pump,Propane,Wall Furnace,Wood Stove,Other - See Remarks |
Cooling | Central Air,Ductless,Window Unit(s),Other - See Remarks |
Utilities | Electricity Connected,Fiber Optics,Propane |
Roof | Aluminum,Composition |
Appliances | Dishwasher,Dryer,Electric Cooktop,Electric Range,Microwave,Refrigerator,Washer |
Exterior Features | Fence,Fire Pit,Outdoor Shower,Other - See Remarks |
Construction Materials | Log,Wood |
Year Built | 2000 |
Property SubType | Single Family Residence |
Elevation | 2500 |
County | Watauga |
New Construction | No |
Property Type | Residential |
Subdivision Name | None |
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. |
High School | Watauga |
City | Banner Elk |
Street Name | Alnic |
Elementary School | Valle Crucis |
Middle/Junior High School | Valle Crucis |
Standard Status | Active Under Contract |
CAR_HOASubjectTo | None |
Construction Type | Site Built |
Restrictions | No Representation |
Tax Assessed Value | 1173400 |
Interior Features
Flooring | Carpet,Vinyl,Wood |
---|---|
Fireplace Features | Gas,Wood Burning Stove,Other - See Remarks |
Fireplace Y/N | Yes |
Above Grade Finished Area | 1208 |
Full Baths | 6 |
Street Suffix | Lane |
Laundry Features | Electric Dryer Hookup,Washer Hookup,Other - See Remarks |
Total Bedrooms | 8 |
Total Baths | 6 |
SqFt Main | 768 |
SqFt Upper | 440 |
Bedroom | 1 |
Exterior Features
Parking Features | Assigned |
---|---|
Lot Features | Cul-De-Sac,Green Area,Hilly,Private,Views,Wooded |
Water Source | Well |
Lot Size Area | 9 |
Foundation Details | Crawl Space |
Road Surface Type | Asphalt,Gravel,Paved |
Lot Size Units | Acres |
Road Responsibility | Private Maintained Road |
Main Level Garage YN | No |
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