246 Fall Creek Meadows LN Active

Elk Park,NC 28622

$ 549900

5 Beds

5 Baths

3700 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,700 sqft

Price per Sqft $148

Subdivision Fall Creek Meadows

MLS Listing ID 253475

Style A-Frame

Bedrooms 5

Full Baths 5

Year Built 2001

Annual Tax Amount $996

Lot Size 2.080 Acres

Property Sub-Type Single Family Residence

Property Description

ESTATE SALE VRBO AIR BNB Gem in NC Mountains 3700SF near Ski Resorts
Estate Sale: NC Mountains Cabin with Extra Lot (2 Lots total, Cabin lot and extra) - AS-IS for $549,900 Cabin and Lot Liquidation

Great Rental and Investment Opportunity! VRBO and Airbnb dream property, sleeps 20-30 people. This potential cash flow property has undergone extensive renovations, including:

New kitchen

New floors

Two new gas log fireplaces

New stain and stone exterior

New tongue and groove ceilings with lighting and fans

Updated bathrooms

New paint

New renovations have begun but are not completed. Come and finish the work to gain equity and enjoy the cash flow potential!

This property is priced for quick sale

Price: $549,900 AS-IS

Imagine owning a property that not only serves as a luxurious getaway but also generates a steady stream of income. Located in the breathtaking NC Mountains, this cabin sits on two beautiful lots, offering a serene escape while being minutes from top attractions like Banner Elk, the Blue Ridge Parkway, Beech Mountain Ski Resorts, and Grandfather Mountain.

The cabin's prime location makes it a sought-after destination for vacationers year-round. With rental rates ranging from $400 to $600 per night, this property has the potential to cash flow very well year after year. This is a fantastic investment opportunity, not just for the rental income but also for the potential appreciation in property value as you complete the remaining renovations.

Surrounded by nature and near activities like phenomenal rafting and trout fishing at Toe River and Elk River, and extensive hiking and hunting in Pisgah National Forest and Pisgah Game Lands, guests will be eager to book their stay. Proximity to charming towns like Boone, Blowing Rock, and the recreational facilities at Elk River Club adds to its allure.

The Estate is ready to convey

Location

State NC

County Avery

Area 8-Banner Elk

Interior

Heating Other,See Remarks

Cooling Other,See Remarks

Fireplaces Type Gas

Laundry In Basement

Exterior

Exterior Feature Other,See Remarks

Parking Features No Garage

Utilities Available Septic Available

Roof Type Metal

Building

Story 2

Foundation Slab

Sewer Septic Tank

Water Shared Well,Well

Schools

Elementary Schools Freedom Trail

High Schools Avery County

Others

Acceptable Financing Cash,New Loan,Owner May Carry

Listing Terms Cash,New Loan,Owner May Carry

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