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Secluded, multi-unit STR property in Blue Ridge Mtns with natural creek

  • $650,000
176 Creek Bend Ln, Waynesville, NC 28785
  • Multi-unit, Rural
  • Property Type
  • 4
  • Bedrooms
  • 4
  • Bathrooms
  • 1995
  • Year Built
176 Creek Bend Ln, Waynesville, NC 28785
  • $650,000

Overview

Property ID: HZ11391
  • Multi-unit, Rural
  • Property Type
  • 4
  • Bedrooms
  • 4
  • Bathrooms
  • 1995
  • Year Built

Description

3bed/3bath home with a full bonus mother in-law suite that boasts an additional bedroom, full bath, living room kitchen and separate entry. Two additional tiny homes on property for a total of 4 units. 3 currently used as vacation rentals and 1 is owner-occupied. The property is located in the Blue Ridge Mountains of Waynesville, NC. (Just west of Asheville, NC). It is very private and secluded and backs up to a National park which insures no future development around the property. Natural running creek with baby waterfalls, abundance of trees and privacy.

3.63 acre property set up for secluded living with a modern flare for income and entertainment. The double lot looks directly into heavily wooded acreage and is complimented by a natural creek, baby waterfalls that you can hear throughout the property.

Home offers an open floor plan with an abundance of natural light, vaulted ceilings, multiple balconies on the 2nd level that overlooks property’s beauty. The double car garage has been converted into a bar/game room.  A 10×10 tiny home sits on the property and has a view of the creek view, 5 star reviews, standing reservations. Detached garage turned into short term rental with wood floors, private porch. 15-20 min to town.

The tiny home has an outdoor shower and compost toilet. The cottage has an incinerator toilet which is an electric toilet that burns the waste and evaporates the liquids. guests to get a little bit of a “living off grid” experience. It’s been really well received and the guests love the experience.

First year on Airbnb for 2020-2021 did annual gross income of $41K and that was for only two units. The property now has a third unit that is ready and will be renting starting in July. For those of you who are investors, the upstairs portion of the main house could become a 4th unit to generate income. Owner currently lives upstairs and manages the property and rentals.

Details

  • Price: $650,000
  • Property Size: 2800 sq ft
  • Land Area: 3.63 acres
  • Bedrooms: 4
  • Bathrooms: 4
  • Property Type: Multi-unit, Rural
  • Property Keyword: creek, hot tub
  • Sleeps Number of People: 8
  • Seller Financed: No, No, No, No
  • Listed By: Agent, Agent, Agent, Agent
  • Active Short Term Rental (STR)?: Yes, Yes, Yes, Yes
  • Full time or Part time rental?: Full Time, Full Time, Full Time, Full Time
  • Sold Furnished?: Yes, Yes, Yes, Yes
  • Property Management: Owner, Owner, Owner, Owner
  • Revenue Management: Owner, Owner, Owner, Owner
  • Annual Gross Revenue: 41000
  • Average Nightly Rate: 315

Property Rental Listing (VRBO or AirBNB Links)

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