$1,358,000
$1,499,999
9.5%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
7 Baths
5,005 SqFt
SOLD DATE : 04/25/2022
Key Details
Sold Price $1,358,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 5,005 sqft
Price per Sqft $271
Subdivision None
MLS Listing ID 233165
Sold Date 04/25/22
Style Mountain
Bedrooms 3
Full Baths 5
Half Baths 2
HOA Y/N No
Abv Grd Liv Area 3,371
Year Built 2001
Annual Tax Amount $2,410
Lot Size 1.000 Acres
Acres 1.0
Property Description
$240k Gross Revenue; $100k Cash Profit; 16% CAP; 14% ROI; Masterpiece TURNKEY RENTAL MACHINE.
Furnished (minor exclusions).
Each room crafted in different wood species by the High Country's premier woodworker as his personal residence; optimized with $250k+ improvements by current owner over 3yrs.
Oversized bedrooms, 5 fireplaces, Chef's Kitchen, Hand-carved Dining for 15, Arched beams, Coffered ceilings, Slate fireplace Wine Bar. Teak soaking tub & Heated Floor in Primary Bedroom Sanctuary. Vaulted upstairs hosts 2 more en-suite bedrooms, guest room, open sitting/sleeping loft, & 3rd full bath.
Downstairs: A magic kingdom with bunkroom, theater, wet bar, video & skee ball arcade, & patio room with mini-golf.
Outside: 8-person Bluetooth Spa, Full Outdoor Kitchen, & Live Edge Veranda Dining silhouettes Hawk's Nest & Grandfather. Mtns, overlooking the valley & rare-species Japanese Maples. Handcrafted firepit and pond anchor the 45' waterfall. 1/3-acre above the waterfall provides play area & picnic ground.
Owner runs a boutique rental property care company & would continue if desired.
Final 2 photos show Rental Performance details.
Proof provided under contract.
Location
State NC
County Watauga
Community Long Term Rental Allowed, Short Term Rental Allowed
Area 5-Watauga, Shawneehaw
Rooms
Basement Full, Finished, Other, See Remarks
Ensuite Laundry Washer Hookup, Dryer Hookup, Main Level
Interior
Interior Features Wet Bar, Tray Ceiling(s), Jetted Tub, Home Theater
Laundry Location Washer Hookup,Dryer Hookup,Main Level
Heating Ductless, Electric, Forced Air, Fireplace(s), Gas, Heat Pump, Propane, Wood, Zoned
Cooling Central Air, Heat Pump
Fireplaces Number 1
Fireplaces Type One, Free Standing, Gas, Other, See Remarks, Outside, Propane
Fireplace Yes
Appliance Convection Oven, Double Oven, Dryer, Dishwasher, Exhaust Fan, Freezer, Gas Cooktop, Gas Range, Microwave, Other, Refrigerator, See Remarks, Washer, Water Heater
Laundry Washer Hookup, Dryer Hookup, Main Level
Exterior
Exterior Feature Fence, Fire Pit, Hot Tub/Spa, Outdoor Grill, Outdoor Kitchen, Storage, Paved Driveway
Garage Basement, Carport, Driveway, Garage, One Car Garage, Paved, Private
Garage Spaces 1.0
Garage Description 1.0
Fence Partial
Community Features Long Term Rental Allowed, Short Term Rental Allowed
Utilities Available Cable Available, High Speed Internet Available
Waterfront Description Creek,Stream
View Y/N Yes
Water Access Desc Private,Well
View Mountain(s), Pasture, Trees/Woods, Southern Exposure
Roof Type Metal
Porch Covered, Multiple, Open
Parking Type Basement, Carport, Driveway, Garage, One Car Garage, Paved, Private
Building
Lot Description Waterfall
Story 3
Entry Level Three Or More
Foundation Basement
Sewer Private Sewer
Water Private, Well
Architectural Style Mountain
Level or Stories Three Or More
Schools
Elementary Schools Valle Crucis
High Schools Watauga
Others
Tax ID 1878-63-7532-000
Acceptable Financing Cash, New Loan
Listing Terms Cash, New Loan
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Bought with NONMLS