Private Residence With Rental And Development Potential

Developers, investors and mountain lovers, this is a property worth exploring. You’ve just found an unrestricted 18.99 acre mountain estate that has the potential to either be Old Fort’s next great neighborhood, a very successful short term rental or a multi-generational legacy estate surrounded by nature.

Located just 9 minutes from the breweries, shops, and the outdoor lifestyle that has Old Fort making headlines, this prime mountain property offers an extraordinary opportunity. Let’s start with the development and subdivision potential. With over 1,000 feet of very buildable ridge line with no restrictions, the acreage is uniquely positioned for a multitude of homesites several of which could sit atop the ridge with potential views of Hickorynut Mountain. If you’re not familiar, Hickorynut Mountain is a 12,000 acre piece of land that is currently in a private conservancy and is slated to be transferred to the state with two thirds of it to be made into a state park (read: indefinite pristine views.) As a developer, your costs will be reduced because a road to the ridge is already partially roughed-in while another road that runs the ridge’s entire length is fully roughed-in. Whether you fancy a select number of larger homes or a neighborhood of tiny homes or something in between, your vision can become reality here.

If you’re thinking about short term rental potential you’re in luck as this home bridges traditional log construction with contemporary refinement. Tucked away for total privacy at the end of a paved drive, it boasts many features desired by renters including over 800 square feet of deck space, vaulted ceilings with a soapstone wood burning stove and a floor to ceiling stone chimney, a 1 Gbps symmetrical fiber line and an office for remote work, plenty of nature and hiking trails in addition to great proximity to Old Fort, Asheville and Lake James. The custom-built nearly 2400 square foot log home also has massive windows that drench the space with natural light. Fine hickory flooring and cultured marble counter tops run throughout while 3 spacious bedrooms and 2.5 baths highlighted by a primary suite with a dedicated soaking tub will have everyone relaxing. The massive 990 square foot two car garage includes a dedicated workspace for outdoor gear and projects. Thoughtfully engineered, the stone chimney in the main floor extends directly down to this lower level providing the built-in infrastructure to easily add a second stove for a heated, year-round workshop.

It’s all about lifestyle here and outdoor living is central to the property’s design. We recommend exploring the land during your showing to fully understand its uniqueness, potential and beauty. Whether it’s enjoying quiet mornings enveloped by the lush privacy of your own forest, adding this property to your portfolio of short term rentals, or executing your vision for a multi-homesite development project, this property represents a rare and versatile acquisition in the Blue Ridge foothills that is unmatched.