$2,750,000 $15,614 est/mo Sourced by Back At You

129 Alnic Lane,Banner Elk, NC 28604

Banner Elk NC, 28604

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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 boasted strong rental income in 2022 & 2023 and its new, boutique STR 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 cabinall 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!


Listing TypeFor Sale
StatusActive Under Contract
Days On Site111
Listing Provided ByKeller Williams High Country | Mary Baker


Property ViewLong Range, Mountain(s)

Market Activity 28604

 Listings courtesy of Canopy Realtor® Association as distributed by MLS GRID.

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Listings Checked: 1 minute ago
CityBanner Elk
Zip Code28604
Listing VS Median (in 28604)
low | high
100% of Average
On Site:
low | high
100% of Average
Sourced by Back At You
Listing Updated: May 22, 2024 at 1:29:17 PM PDT