246 Fall Creek Meadows Lane, Elk Park, NC 28622 (MLS # 253475)

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PRICE $695,000 dsIDX morgage calculator
BEDS 5
BATHS 5
HOME SIZE 3,700 sqft
LOT SIZE 2.08 ac

ESTATE SALE VRBO AIR BNB Gem in NC Mountains 3700SF near Ski Resorts Estate Sale: NC Mountains Cabin with Extra Lot (2 Lots) - AS-IS for $695,000 - First come, first serve Cabin and Lot Liquidation Great Rental and Investment Opportunity! VRBO and Airbnb dream property, sleeps 20-30 people. This 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: $695,000 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

DAYS ON MARKET 6 LAST UPDATED 2/1/2025
TRACT Fall Creek Meadows YEAR BUILT 2001
COMMUNITY 8-Banner Elk COUNTY Avery
STATUS Active PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Freedom Trail
High School Avery County


ADDITIONAL DETAILS
AIR Other
AIR CONDITIONING Yes
APPLIANCES Gas Cooktop
AREA 8-Banner Elk
CONSTRUCTION Log, Log Siding, Stone
EXTERIOR Other
FIREPLACE Yes
HEAT Other, See Remarks
INTERIOR Vaulted Ceiling(s)
LOT 2.08 acre(s)
PARKING No Garage
SEWER Septic Tank
STORIES 2
STYLE A Frame
SUBDIVISION Fall Creek Meadows
TAXES 996
WATER Shared Well, Well
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listing provided by Joseph Rosso, Rosso Group LLC

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