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Sold for $450,000 on 03/17/23
  • $450,000

    6490 Soco Rd, Maggie Valley, NC 28751

    5beds
    3,093sqft
    MultiFamily
    Built in 1970
    -- sqft lot
    $629,100 Zestimate®
    $145/sqft
    $2,274 Estimated rent

    What's special

    Excellent investment w/ several income streams! The Mountaineer Restaurant & Fireside Cabins are established local businesses with excellent Google reviews located near the epicenter of some of the region's best motorcycling & outdoor recreation - minutes to the Blue Ridge Parkway, Harrah's Casino, & the most visited National Park in the US. High visibility on US 19 & 4,600 VPD traffic count. The 55 seat restaurant w/ commercial kitchen will convey w/ all FF&E included. There is a 1300 SF apartment above the food service space that would make a great owner's quarters or long-term rental for supplemental cash flow. Additional revenue potential exists from three quaint one bedroom cabins w/ wood burning fireplaces, full kitchens, & covered porches. Expansion potential for 2 additional cabins per seller. The restaurant & cabins all boast stunning mountain views. Great flexibility w/ no zoning or public use restrictions. Rare find for the investor that values lifestyle as well as profit!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Baseboard, Heat pump, Electric, Propane / Butane
    Appliances
    • Included: Microwave, Range / Oven, Refrigerator
    • Laundry: Upper Level, W/D Connection
    Features
    • Ceiling Fan(s), Wired for Data, Second Living Quarters
    • Flooring: Tile, Carpet, Hardwood
    • Basement: Basement, Exterior Entry
    • Has fireplace: Yes
    • Fireplace features: Wood Burning, Living Room, Other
    Interior area
    • Total interior livable area: 3,093 sqft

    Property

    Parking
    • Total spaces: 4
    Features
    • Exterior features: Stucco, Wood
    • Has view: Yes
    • View description: Mountain
    • Waterfront features: Creek, Stream/Creek
    • Body of water: Creek
    • Frontage type: Paved Frontage
    Lot
    • Size: 2.67 Acres
    • Features: Views, Trees
    • Topography: Sloping
    Details
    • Parcel number: 7676076102
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    Condition
    • Year built: 1970

    Utilities & green energy

    • Water: Well Installed
    • Utilities for property: Propane

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s)
    Location
    • Region: Maggie Valley

    Other

    Other facts
    • Flooring: Wood, Carpet, Tile
    • ViewYN: true
    • BuildingFeatures: DSL/Cable Available
    • WaterfrontFeatures: Creek, Stream/Creek
    • Topography: Sloping
    • Utilities: Propane
    • WaterBodyName: Creek
    • Appliances: Range/Oven, Refrigerator, Gas Cooktop, Electric Cooktop, Microwave, Plumbed For Ice Maker, Other - See Media/Remarks, Grilltop
    • FireplaceYN: true
    • Heating: Propane, Fireplace(s), Electric Baseboard Heat
    • InteriorFeatures: Ceiling Fan(s), Wired for Data, Second Living Quarters
    • HeatingYN: true
    • CoolingYN: true
    • FireplaceFeatures: Wood Burning, Living Room, Other
    • NumberOfUnitsTotal: 4
    • CurrentFinancing: Conventional, Cash
    • Cooling: Heat Pump
    • NumberOfUnitsInCommunity: 4
    • OpenParkingSpaces: 4
    • SpecialListingConditions: Standard
    • FarmLandAreaUnits: Square Feet
    • CoveredSpaces: 0
    • ArchitecturalStyle: Other
    • ConstructionMaterials: Wood, Hard Stucco
    • LotFeatures: Views, Trees
    • TenantPays: Other
    • Basement: Basement, Exterior Entry
    • ParkingFeatures: Gravel, Asphalt, Parking Space - 4+
    • View: Mountain(s), Winter View, Long Range View, Year Round View
    • LaundryFeatures: Upper Level, W/D Connection
    • SecurityFeatures: Carbon Monoxide Detector(s)
    • RentIncludes: All Utilities, Other - See Media/Remarks
    • FrontageType: Paved Frontage
    • StructureType: Site Built
    • RoadResponsibility: Publicly Maintained Road
    • WaterSource: Well Installed
    • MlsStatus: Active
    • CoListAgentFullName: Chris Gragtmans
    • TaxAnnualAmount: 317700.00
    Services availability
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