UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,213 sqft
Price per Sqft $284
MLS Listing ID 260040
Style Farmhouse,Manufactured Home,Traditional,Mobile Home
Bedrooms 3
Full Baths 1
HOA Y/N No
Abv Grd Liv Area 1,213
Year Built 1971
Annual Tax Amount $469
Lot Size 3.320 Acres
Acres 3.32
Property Sub-Type Single Family Residence
Property Description
Step back in time and into an incredible investment opportunity with this unique 3+ acre compound featuring extensive Cove Creek frontage. Offering three distinct structures, income potential, and rich local history, this property is a rare find with heavy infrastructure improvements already completed.
1. The Historic Main House (Circa 1900): Reputed to be the former home of Sarah Boone (Daniel Boone's sister), this ~1,400 sq. ft. farmhouse (4 bed/2 bath) is a restoration dream. While it requires full renovation, the "heavy lifting" is done: a new metal roof, complete replumbing, and updated electrical are in place. The interior has been gutted and prepped, featuring a newly framed bathroom and opened-up floorplan, ready for your vision.
2. The Creek-Side Cottage: Sitting directly on the water, this 1 bed/1 bath cottage features a basement garage. It has been sheet-rocked, wired, and had the bathroom built out. It needs updates but offers unmatched tranquility right next to the rushing water.
3. The Income Generator: A ~1,000 sq. ft. mobile home (3 bed/1 bath) is currently generating $900/mo from excellent, reliable tenants (willing to stay or go with 30-day notice). Recently refreshed with a newer hot water heater, new flooring (LVP and carpet), fresh paint, new appliances, and a privacy fence.
The Land & Infrastructure:
Post-Helene recovery has resulted in massive improvements: a brand new bridge, extensive grading, a new driveway, and a creek bank reinforced with a gabion wall. The property includes 2 wells (new pumps), 2 septic tanks, and a natural spring. With NO RESTRICTIONS, the possibilities are endless. Debris and non-running vehicles will be removed prior to closing.
Location
State NC
County Watauga
Community Long Term Rental Allowed
Area 7-Cove Creek
Rooms
Basement Other, See Remarks
Interior
Interior Features None
Heating Baseboard, Electric, Other, See Remarks
Cooling Other, See Remarks
Fireplaces Type Other, See Remarks
Fireplace No
Appliance Dryer, Other, See Remarks, Washer
Exterior
Exterior Feature Other, See Remarks, Gravel Driveway
Parking Features Driveway, Gravel, Other, Private, See Remarks
Community Features Long Term Rental Allowed
Utilities Available High Speed Internet Available
Water Access Desc Private,Well
Roof Type Metal
Building
Story 2
Entry Level Two
Sewer Private Sewer
Water Private, Well
Architectural Style Farmhouse, Manufactured Home, Traditional, Mobile Home
Level or Stories Two
Schools
Elementary Schools Mabel
High Schools Watauga
Others
Tax ID 1995-11-8622-000
Acceptable Financing Cash, New Loan
Listing Terms Cash, New Loan
NEARBY SCHOOL & BUSINESS
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