129 Alnic Lane, Banner Elk, NC 28604

$2,600,000
8
BD
6
BA
1,208
SqFt
List Price
$2,600,000
MLS#
4125963
Status
ACTIVE
Days on Market
105
Property Type
Residential
Year Built
2000
Price Change
▼ $150,000 1720031674
Bedrooms
8
Bathrooms
6
Full Baths
6
Lot Size
392,040
Lot Size Area
9
Living Area
1,208
Sq Ft Total
1208
County
Watauga
Subdivision
No Neighborhood
Special Conditions
None

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 saw strong rental income in 2022 & 2023—and 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 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!

Additional Information

Fireplace
Yes
Interior Features
Vaulted Ceiling(s)
Floor Coverings
Carpet, Vinyl, Wood
Equipment
Dishwasher, Dryer, Electric Cooktop, Electric Range, Microwave, Refrigerator, Washer
Foundation
Crawl Space
Main Level Rooms
Living Room
Laundry Location
Electric Dryer Hookup, Washer Hookup, Other - See Remarks
Heating
Baseboard, Central, Ductless, Electric, Heat Pump, Propane, Wall Furnace, Wood Stove, Other - See Remarks
Water
Well
Sewer
Septic Installed
Exterior Features
Fence, Fire Pit, Outdoor Shower, Other - See Remarks
Exterior Construction
Log, Wood
Roof
Aluminum, Composition
Parking
Assigned
Driveway
Asphalt, Gravel, Paved
Lot Description
Cul-De-Sac, Green Area, Hilly, Private, Views, Wooded
Elementary School
Valle Crucis
Middle School
Valle Crucis
High School
Watauga

Mortgage Calculator

Amount of Loan
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Calculator source: Real Geeks

Listing courtesy of Keller Williams High Country. marybakerrealtor@gmail.com

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