634 & 636 Watauga River Road Sugar Grove, NC $ 2,500,000
634 & 636 Watauga River Road
$ 2,500,000
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634 & 636 Watauga River Road

Sugar Grove, NC, 28679
$ 2,500,000
Bedrooms2 Baths2.0 Sq 1,141

Monthly Estimate*

$ 15,393

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Single Family Home for sale in Sugar Grove, NC

for $2,500,000 with 2 bedrooms and 2 full baths. This 1,141 square foot home was built in 2020 on a lot size of 13.765.

Rare Riverfront Retreat in Historic Valle Crucis Known as the "Moon River Retreat". Experience the quintessential High Country lifestyle with this extraordinary dual-residence estate. Spanning over 13 pristine acres in the highly coveted Valle Crucis area, this property offers a rare combination of immediate rental income and limitless future development. The Residences & Infrastructure - The property features two charming, well-maintained rental cabins, perfect for short-term vacation hosting, long-term leasing, or a multi-family family compound. Two Fully Functional Cabins: Both homes capture the rustic elegance of the mountains, offering cozy interiors and peaceful porch views. The Barn: A sturdy, functional barn stands ready for equipment storage or with vision could become a beautiful venue for events Expansion Potential: With over 13 acres of versatile terrain, the land boasts multiple prime building sites. Whether you dream of a grand estate overlooking the water or a cluster of boutique rental cottages, the "bones" of this land are ready. Unbeatable Waterfront & Location - Waterfront properties in Valle Crucis are a vanishing breed. This acreage provides direct, private access to the Watauga River, a premier destination for fly fishing, kayaking, and riverside relaxation. River Frontage: Step out of your door and onto the banks of one of the region’s most storied waterways. Historic Valle Crucis: Located just minutes from the Original Mast General Store and the Valle Crucis Community Park, you are in the heart of this beautiful and historic community! Privacy & Proximity: Enjoy total seclusion on your private acreage while remaining a short drive from the dining and amenities of Boone and Banner Elk. Opportunities to own significant riverfront acreage in the Valle Crucis corridor are exceptionally rare. Whether you are an investor looking for a high-yield portfolio addition or a visionary looking to build a private mountain sanctuary, 634 & 636 Watauga River Rd is a must-see. Schedule your private tour today to walk the riverbanks and explore the endless possibilities of this Appalachian gem.

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Single Family Active

Price

$ 2,500,000

Bedrooms

2

Full Bath

2

Property Type

Single Family

Taxes

$ 2,548

Style

Lot Size

13.765

Year Built

2020

Town/City

Sugar Grove

County/Region

Watauga

MLS | Web ID

261277

List By
Howard Hanna Allen Tate Real Estate Blowing Rock

Broker

josh.honeycutt@allentate.com

Email

Affordability Calculator

$15,605
Per Month
99%
1%
0%
Monthly Principal & Interest
$15,393
Monthly Property Taxes
$212
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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.
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Nearby
4700116 Elementary School
4062211 Middle School
Watauga High School High School
Pricing History
DatePricePrice ChangeDescription
6/4/2026$2,500,000 Listed Price

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634 & 636 Watauga River Road, Sugar Grove, NC, 28679 is a Single Family Home for sale at $2,500,000 with 1,141 sqft and a lot size of 13.765. 634 & 636 Watauga River Road has 2 bedrooms, 2.0 baths, and was built in 2020. The property's zip code is 28679 which is in Sugar Grove, NC