Tucked into the peaceful beauty of Shootout Mountain, this turn-key mountain sanctuary offers a rare blend of refined seclusion, natural beauty, and proven income potential. The property features three successful rental units across two thoughtfully designed structures-a charming standalone cabin and a versatile bardominium with two separate units that can easily convert to a single whole-house rental. Fully furnished and STR-ready, each building is equipped with its own extra-large propane tank, Starlink internet, and backup power, including a whole-house generator for the bardominium and an additional generator for the cabin. The cabin alone generates $1,500-$3,000 per month, with consistent long-term demand from Penland School of Craft students, providing reliable off-season income. The land is as functional as it is beautiful, offering a flowing creek along the property line, long-range eastern mountain views, a 200-foot well with excellent flow, and multiple improvements including a detached carport, workshop, storage shed with loft, fenced animal areas, and chicken coop. Meticulously maintained with established service contracts, this private mountain estate presents a rare opportunity for investors or lifestyle buyers seeking immediate cash flow, operational resilience, and a timeless mountain setting. Assumable Loan Opportunity: Potential for the buyer to assume the seller's loan at its current 3.5% interest rate! See Features Sheet for full details.
| Date | Event | Price | $/Sqft | Source |
|---|---|---|---|---|
| For Sale ~ Price Changed MultiFamily | $445,000 -3.3% | Keller Williams Professionals | ||
| For Sale ~ Price Changed MultiFamily | $460,000 -4.2% | Keller Williams Professionals | ||
| Listed For Sale MultiFamily | $480,000 | Keller Williams Professionals |
| Year | Annual Amount | Description |
|---|---|---|
| $0 | 2 SFR ON 5.52 acres more or less |