Excellent investment w/ several income streams! The Mountaineer Restaurant & Fireside Cabins are established local businesses with excellent Google reviews located near the epicenter of some of the region's best motorcycling & outdoor recreation - minutes to the Blue Ridge Parkway, Harrah's Casino, & the most visited National Park in the US. High visibility on US 19 & 4,600 VPD traffic count. The 55 seat restaurant w/ commercial kitchen will convey w/ all FF&E included. There is a 1300 SF apartment above the food service space that would make a great owner's quarters or long-term rental for supplemental cash flow. Additional revenue potential exists from three quaint one bedroom cabins w/ wood burning fireplaces, full kitchens, & covered porches. Expansion potential for 2 additional cabins per seller. The restaurant & cabins all boast stunning mountain views. Great flexibility w/ no zoning or public use restrictions. Rare find for the investor that values lifestyle as well as profit!
Sold for $450,000 on 03/17/23
$450,000
6490 Soco Rd, Maggie Valley, NC 28751
5beds
3,093sqft
MultiFamily
Built in 1970
-- sqft lot
$615,300 Zestimate®
$145/sqft
$1,661 Estimated rent
Home value
$615,300
$535,000 - $701,000
$1,661/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard, Heat pump, Electric, Propane / Butane
Appliances
- Included: Microwave, Range / Oven, Refrigerator
- Laundry: Upper Level, W/D Connection
Features
- Ceiling Fan(s), Wired for Data, Second Living Quarters
- Flooring: Tile, Carpet, Hardwood
- Basement: Basement, Exterior Entry
- Has fireplace: Yes
- Fireplace features: Wood Burning, Living Room, Other
Interior area
- Total interior livable area: 3,093 sqft
Property
Parking
- Total spaces: 4
Features
- Exterior features: Stucco, Wood
- Has view: Yes
- View description: Mountain
- Waterfront features: Creek, Stream/Creek
- Body of water: Creek
- Frontage type: Paved Frontage
Lot
- Size: 2.67 Acres
- Features: Views, Trees
- Topography: Sloping
Details
- Parcel number: 7676076102
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
Condition
- Year built: 1970
Utilities & green energy
- Water: Well Installed
- Utilities for property: Propane
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s)
Location
- Region: Maggie Valley
Other
Other facts
- Flooring: Wood, Carpet, Tile
- ViewYN: true
- BuildingFeatures: DSL/Cable Available
- WaterfrontFeatures: Creek, Stream/Creek
- Topography: Sloping
- Utilities: Propane
- WaterBodyName: Creek
- Appliances: Range/Oven, Refrigerator, Gas Cooktop, Electric Cooktop, Microwave, Plumbed For Ice Maker, Other - See Media/Remarks, Grilltop
- FireplaceYN: true
- Heating: Propane, Fireplace(s), Electric Baseboard Heat
- InteriorFeatures: Ceiling Fan(s), Wired for Data, Second Living Quarters
- HeatingYN: true
- CoolingYN: true
- FireplaceFeatures: Wood Burning, Living Room, Other
- NumberOfUnitsTotal: 4
- CurrentFinancing: Conventional, Cash
- Cooling: Heat Pump
- NumberOfUnitsInCommunity: 4
- OpenParkingSpaces: 4
- SpecialListingConditions: Standard
- FarmLandAreaUnits: Square Feet
- CoveredSpaces: 0
- ArchitecturalStyle: Other
- ConstructionMaterials: Wood, Hard Stucco
- LotFeatures: Views, Trees
- TenantPays: Other
- Basement: Basement, Exterior Entry
- ParkingFeatures: Gravel, Asphalt, Parking Space - 4+
- View: Mountain(s), Winter View, Long Range View, Year Round View
- LaundryFeatures: Upper Level, W/D Connection
- SecurityFeatures: Carbon Monoxide Detector(s)
- RentIncludes: All Utilities, Other - See Media/Remarks
- FrontageType: Paved Frontage
- StructureType: Site Built
- RoadResponsibility: Publicly Maintained Road
- WaterSource: Well Installed
- MlsStatus: Active
- CoListAgentFullName: Chris Gragtmans
- TaxAnnualAmount: 317700.00
Price history
| Date | Event | Price |
|---|---|---|
| 3/17/2023 | Sold | $450,000-5.3%$145/sqft |
Source: Public Record Report a problem | ||
| 11/1/2020 | Listing removed | $475,000$154/sqft |
Source: Keller Williams Professionals #3549824 Report a problem | ||
| 9/29/2020 | Listed for sale | $475,000$154/sqft |
Source: Keller Williams Professionals #3549824 Report a problem | ||
| 7/24/2020 | Pending sale | $475,000$154/sqft |
Source: Keller Williams Professionals #3549824 Report a problem | ||
| 9/23/2019 | Listed for sale | $475,000$154/sqft |
Source: Keller Williams Professionals #3549824 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,902 | $384,900 |
| 2023 | $2,902 +26.7% | $384,900 |
| 2022 | $2,290 | $384,900 |
Find assessor info on the county website
Neighborhood: 28751
Nearby schools
GreatSchools rating
- 9/10Jonathan Valley ElementaryGrades: PK-5Distance: 5.8 mi
- 4/10Waynesville MiddleGrades: 6-8Distance: 7.8 mi
- 7/10Tuscola HighGrades: 9-12Distance: 10.2 mi
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