129 Alnic Lane
Banner Elk, NC 28604
$2,750,000 Under Contract - Show

Don't miss this captivating 5-cabin property on 9 acres, including 6 buildable acres on the ridge, centrally located between Boone and Banner Elk. The property boasted strong rental income in 2022 & 2023— and its new, boutique rental 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 Annex & 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, added amenities, or event space. Come see this fantastic property today!

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Basic Information
MLS#: 4125963
Price: $2,750,000
Square Footage: 1,208
Bedrooms: 8
Bathrooms: 6 Full
Acreage: 9
Year Built: 2000
Elementary School: Valle Crucis
Middle School: Valle Crucis
High School: Watauga
Details
Waterfront/water view: No
Parking: Assigned
HVAC: Baseboard,Central,Ductless,Electric,Heat Pump,Propane,Wall Furnace,Wood Stove,Other - See Remarks
Exterior Features: Fence,Fire Pit,Outdoor Shower,Other - See Remarks
Main level:   Laundry
Upper level:   Loft
Listing Courtesy Of: Keller Williams High Country - marybakerrealtor@gmail.com

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