284 Simmons Ridge Road, Spruce Pine, NC 28705

$599,999
1,750
SqFt

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List Price
$599,999
MLS#
4404444
Status
ACTIVE
Property Type
Residential Income
Year Built
2006
Days on Market
9
Lot Size
55,756
Lot Size Area
1.28
Living Area
1,750
Sq Ft Total
1750
County
Mitchell
Subdivision
Galax Ridge

Property Description

Two Homes. One Incredible Investment Opportunity. Rarely does a property with this kind of proven success come to market. Located just 1.5 miles from the Blue Ridge Parkway and the charming mountain community of Little Switzerland, these two fully established vacation rentals are being offered together after more than 20 years of exceptional rental history. Each home offers its own distinct style while providing the comfort and privacy guests return for year after year. The native southern red cedar log cabin welcomes you with its warm interiors, soaring ceilings, a cozy loft, and the authentic mountain charm visitors seek. Outside, guests can unwind in their private gazebo or back deck after a day of exploring Western North Carolina. The Deltec round house offers a completely different experience with a thoughtfully designed traditional interior, creating a comfortable and functional space that appeals to a wide variety of guests. Visitors' favorite feature is the wrap-around porch! Both homes feature: 2 bedrooms and 1 bathroom Full unfinished basements offering expansion potential Septic systems permitted for up to 3 bedrooms and 2 bathrooms, allowing room to add valuable living space Low-maintenance landscaping for easy ownership and minimal upkeep The opportunity doesn't stop there. While these homes have generated outstanding income for decades, there is still significant upside for a new owner. Finishing the basement spaces could substantially increase both living area and property value. Additionally, the current owners have intentionally kept nightly rental rates on the conservative side, leaving room for increased revenue through updated pricing strategies. Whether you're looking to expand your investment portfolio, own a pair of successful short-term rentals, or create a mountain retreat with income potential, this unique offering combines proven performance with exciting possibilities for future growth—all in one of Western North Carolina's most desirable destinations.

Additional Information

Equipment
Dishwasher, Microwave, Oven, Refrigerator, Washer/Dryer
Foundation
Basement
Laundry Location
In Basement, In Hall
Heating
Ductless
Water
Shared Well
Sewer
Septic Installed
Exterior Construction
Wood, Other - See Remarks
Parking
Driveway, Attached Garage
Driveway
Gravel
Elementary School
Mitchell
Middle School
Mitchell
High School
Mitchell
Special Conditions
None

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Proper Realty LLC. kelly@properrealty.net

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