Banner Elk, NC 28604,129 Alnic LN
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Banner Elk, NC 28604,129 Alnic LN
Banner Elk, NC 28604,129 Alnic LN
Banner Elk, NC 28604,129 Alnic LN
Banner Elk, NC 28604,129 Alnic LN

$2,250,000

Est. payment /mo

$2,600,000

13.5%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

129 Alnic LN Banner Elk, NC 28604

9 Acres Lot

SOLD DATE : 10/24/2024

Key Details

Sold Price $2,250,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 4102633

Sold Date 10/24/24

Year Built 2000

Lot Size 9.000 Acres

Acres 9.0

Property 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 & 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 & 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!

Location

State NC

County Watauga

Zoning County

Interior

Heating Baseboard, Central, Electric, Heat Pump, Propane, Wall Furnace, Wood Stove

Cooling Central Air, Ductless, Window Unit(s)

Flooring Carpet, Tile, Vinyl, Wood

Exterior

Fence Partial

Utilities Available Electricity Connected, Fiber Optics, Propane

View Long Range, Mountain(s)

Roof Type Aluminum,Composition

Building

Lot Description Cul-De-Sac, Green Area, Hilly, Private, Views, Wooded

Foundation Crawl Space

Sewer Septic Installed

Water Well

Structure Type Log,Wood

New Construction false

Others

Senior Community false

Restrictions No Representation

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Listed by Mary Baker • Keller Williams High Country • marybakerrealtor@gmail.com
Bought with Non Member • Canopy Administration

Krystal Allmon

Broker, Owner | License ID: 318154

+1(704) 400-2158

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