129 Alnic Lane Banner Elk, NC $ 2,750,000
129 Alnic Lane
$ 2,750,000
Share Save

129 Alnic Lane

Banner Elk, NC, 28604
$ 2,750,000
Baths0.0

Monthly Estimate*

$ 19,210

129 Alnic Lane, Banner Elk, NC 28604 - Image 1
129 Alnic Lane, Banner Elk, NC 28604 - Image 2
129 Alnic Lane, Banner Elk, NC 28604 - Image 3
129 Alnic Lane, Banner Elk, NC 28604 - Image 4
129 Alnic Lane, Banner Elk, NC 28604 - Image 5
129 Alnic Lane, Banner Elk, NC 28604 - Image 6
129 Alnic Lane, Banner Elk, NC 28604 - Image 7
129 Alnic Lane, Banner Elk, NC 28604 - Image 8
129 Alnic Lane, Banner Elk, NC 28604 - Image 9
129 Alnic Lane, Banner Elk, NC 28604 - Image 10
129 Alnic Lane, Banner Elk, NC 28604 - Image 11
129 Alnic Lane, Banner Elk, NC 28604 - Image 12
129 Alnic Lane, Banner Elk, NC 28604 - Image 13
129 Alnic Lane, Banner Elk, NC 28604 - Image 14
129 Alnic Lane, Banner Elk, NC 28604 - Image 15
129 Alnic Lane, Banner Elk, NC 28604 - Image 16
129 Alnic Lane, Banner Elk, NC 28604 - Image 17
129 Alnic Lane, Banner Elk, NC 28604 - Image 18
129 Alnic Lane, Banner Elk, NC 28604 - Image 19
129 Alnic Lane, Banner Elk, NC 28604 - Image 20
129 Alnic Lane, Banner Elk, NC 28604 - Image 21
129 Alnic Lane, Banner Elk, NC 28604 - Image 22
129 Alnic Lane, Banner Elk, NC 28604 - Image 23
129 Alnic Lane, Banner Elk, NC 28604 - Image 24
129 Alnic Lane, Banner Elk, NC 28604 - Image 25
129 Alnic Lane, Banner Elk, NC 28604 - Image 26
129 Alnic Lane, Banner Elk, NC 28604 - Image 27
129 Alnic Lane, Banner Elk, NC 28604 - Image 28
129 Alnic Lane, Banner Elk, NC 28604 - Image 29
129 Alnic Lane, Banner Elk, NC 28604 - Image 30
129 Alnic Lane, Banner Elk, NC 28604 - Image 31
129 Alnic Lane, Banner Elk, NC 28604 - Image 32
129 Alnic Lane, Banner Elk, NC 28604 - Image 33
129 Alnic Lane, Banner Elk, NC 28604 - Image 34
129 Alnic Lane, Banner Elk, NC 28604 - Image 35
129 Alnic Lane, Banner Elk, NC 28604 - Image 36
129 Alnic Lane, Banner Elk, NC 28604 - Image 37
129 Alnic Lane, Banner Elk, NC 28604 - Image 38
129 Alnic Lane, Banner Elk, NC 28604 - Image 39
129 Alnic Lane, Banner Elk, NC 28604 - Image 40
129 Alnic Lane, Banner Elk, NC 28604 - Image 41
129 Alnic Lane, Banner Elk, NC 28604 - Image 42
129 Alnic Lane, Banner Elk, NC 28604 - Image 43
129 Alnic Lane, Banner Elk, NC 28604 - Image 44
129 Alnic Lane, Banner Elk, NC 28604 - Image 45
Studio

Commercial Property for sale in Banner Elk, NC

for $2,750,000. This building was built in 2000 on a lot size of 9.

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 cabin—all 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!

See more

Commercial Contingent

Price

$ 2,750,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

N/A

Lot Size

9

Year Built

2000

Town/City

Banner Elk

County/Region

Watauga

MLS | Web ID

4102633

Features
General
Sewer Septic Installed
Heating Baseboard Central Electric Heat Pump Propane Wall Furnace Wood Stove
Cooling Central Air Ductless Window Unit(s)
Utilities Electricity Connected Fiber Optics Propane
Roof Aluminum Composition
Construction Materials Log Wood
Year Built 2000
Property SubType N/A
Elevation 2500
County Watauga
New Construction N
Property Type Commercial Sale
Directions From Boone or Banner Elk take Hwy 105 to Broadstone Rd. Follow Broadstone Rd 2.5 miles to left onto Maple Spring Rd and then take an immediate left onto Alnic Lane. No Drive-Bys Please.
City Banner Elk
Total Units 5
Number of Units Leased 5
Street Name Alnic
Standard Status Active Under Contract
Restrictions No Representation
Tax Assessed Value 1173400
See more
Interior
Flooring Carpet Tile Vinyl Wood
Street Suffix Lane
See more
Exterior
Parking Features Assigned
Lot Features Cul-De-Sac Green Area Hilly Private Views Wooded
Water Source Well
Inclusions Building Fixtures Land
Lot Size Area 9
Foundation Details Crawl Space
Number of Buildings 6
Road Surface Type Paved
Lot Size Units Acres
Road Frontage Type Private Road State Road
Road Responsibility Private Maintained Road
Road Frontage 276
See more
Internal Only
Street Number 1 129
See more
* Excluded Features
List By
Keller Williams High Country

Broker

Affordability Calculator

$19,210
Per Month
100%
0%
0%
Monthly Principal & Interest
$19,210
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
294628 Elementary School
294724 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/5/2024$2,750,000 Listed Price

Map


See all

129 Alnic Lane, Banner Elk, NC, 28604 is a Commercial Property for sale at $2,750,000 with a lot size of 9. 129 Alnic Lane is a studio with 0.0 baths and was built in 2000. The property's zip code is 28604 which is in Banner Elk, NC