129 Alnic Lane , Banner Elk, NC 28604
Banner Elk, NC 28604
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 saw strong rental income in 2022 & 2023and its new, boutique rental 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 Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 2000 |
| Days On Site | 253 |
| Listing Provided By | Keller Williams High Country | Mary Baker |
Features
| Units | 5 |
|---|---|
| Building(s) | 6 |
| Acreage | 9.00 |
| Property View | Long Range, Mountain(s) |
Market Activity 28604
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Learn More About This Property
| State | NC |
|---|---|
| County | Watauga |
| City | Banner Elk |
| Zip Code | 28604 |
| Area | Watauga |
| Listing VS Median (in 28604) | |
Price: $2,600,000 low | high Med: $649,000 On Site: 253 low | high Med: 231.000000 | |