5880 Blowing Rock
Lenoir, NC
$1,500,000
Beds: 10
Full Baths: 10
Sq ft: 9400
Acreage: 5.672
Elementary School: Happy Valley
Year Built: 2024
MLS #: 252291
Details & Amenities
DEVELOPMENT ALERT! Introducing this stunning property with endless potential, located just two miles from Downtown Blowing Rock, outside the town ETJ with no restrictions. This expansive estate, set on just over 5 acres, features a nearly 10,000 sq ft home with the potential for 11 bedrooms and 11 bathrooms, plus a detached ADU with 1 bedroom and 1 bathroom—your next family compound or a lucrative development project. The main house has been dried in, framed, with electrical rough-in completed and drywall installed on two floors. With over $700k invested in retaining walls, structural engineering, and foundation work, all the heavy lifting is done. Buyers only need to finish the interiors to their taste, making this a unique opportunity to create a true masterpiece in the prime part of the High Country. This property is loaded with possibilities, from a second kitchen, indoor basketball court, spa, movie theatre, or all of the above! Separate laundry facilities across four floors. Long-range layered views stretch for miles, offering a picturesque backdrop for any occasion. The preliminary plat has been surveyed with six proposed lots from the existing three, and two separate septic systems are already installed on two of those lots. Whether you're looking to develop a six-lot subdivision or create a family compound, the opportunities are endless. With seller financing available, this property is set to be the true unicorn of your portfolio. While it's hard to compare based on its uniqueness, the house alone could generate over $500k annually as a short-term rental. Don't miss this chance to own a piece of paradise in the most prime part of the High Country. Contact the agent for more details!
Roof:
Asphalt, Shingle
Parking:
Driveway, Gravel, No Garage, Private
Exterior:
Gravel Driveway
Fireplace:
Stone
Heat:
Electric, Heat Pump, Zoned
Air Condition:
Heat Pump, Zoned
Property Type:
Residential
Style:
Cottage, Mountain
This property is a listing of The Andersson Group.
© 11/20/2024 Multiple Listing Service of the High Country Association of REALTORS®, Inc. All rights reserved.
© 11/20/2024 Multiple Listing Service of the High Country Association of REALTORS®, Inc. All rights reserved.