$2,750,000 $15,614 est/mo Sourced by Back At You

129 Alnic Lane,Banner Elk, NC 28604

Banner Elk NC, 28604

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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 cabinall 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!

Details

MLS#4102633
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive Under Contract
Year2000
Days On Site114
Listing Provided ByKeller Williams High Country | Mary Baker

Features

Units5
Building(s)6
Acreage9.00
Property ViewLong Range, Mountain(s)

Market Activity 28604

 Listings courtesy of Canopy Realtor® Association as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of May 29, 2024 at 11:28:10 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateNC
CountyWatauga
CityBanner Elk
Zip Code28604
AreaWatauga
Listing VS Median (in 28604)
Price:
$2,750,000
low | high
Med:
$615,000
100% of Average
On Site:
114
low | high
Med:
13.000000
100% of Average
Sourced by Back At You
Listing Updated: May 29, 2024 at 3:00:02 PM PDT