Views
Address
129 Alnic Lane, Banner Elk, NC
Price
$ 2,750,000
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

Property vs Contingent Average in 28604

Price
AVG $620K
$2.75M
Visits
AVG 55
62
Data Provided by Inside Real Estate®
Year Built
AVG 1995
2000

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