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The ART Team

[email protected] +1(803) 760-9106

Listed by Nancy Thorpe Highlands Sotheby's International Realty - DT

$ 2,050,000

Est. payment -/mo

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40-84 Spotted Bear LN Highlands, NC 28741

5 Beds

6 Baths

1.39 Acres Lot

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Subdivision 05018

MLS Listing ID 1001878

Style Cabin,Cottage

Bedrooms 5

Full Baths 6

HOA Y/N No

Year Built 1975

Annual Tax Amount $2,531

Tax Year 2024

Lot Size 1.386 Acres

Acres 1.386

Property Sub-Type Single Family Residence

Property Description

HIGHLANDS UNICORN ALERT: Unrestricted (STR), two-property assemblage, within five minutes (2.5 miles) of main street. Chinquapin Lodge and Tall Timber Cabin pair Highlands' charm with resort-style fun, offering hot tubs, fire pits, outdoor dining, EV chargers, and two fantastic game rooms, among other delights. Remodeled and expanded in recent years, the homes feel both spacious (4,800+/- SF total) and cozy, offering five ensuite bedrooms and six full bathrooms. Linked by a short path but well screened from each other, the pair is perfect for hosting multiple families but also represents two perfectly independent and self-contained homes. Sold completely furnished and truly turn-key, the two combined for $137,000+ in revenue over the last year (docs on file) despite heavy use by family and friends. Air DNA Subscription reporting service projects combined revenue of $158,900 if made available year-round (on file). Unrestricted properties this close to town have rarely been listed since implementation of the city's short-term rental ban. Multi-property offerings of this quality and character are rarer still. The combination is likely unprecedented. Most Highlands homes are more of an indulgence than an investment. This one is both—a refined retreat with a compelling income stream.

Location

State NC

County Macon

Area Highlands

Zoning Residential

Direction Take Highway 246 +/- 2.5 miles west of Highlands. Spotted Bear Lane will be on your right before the chiropractors office. At the the top of the drive Bear left and you will see 40 Spotted Bear. Continue down that drive for 84 Spotted Bear, next door.

Rooms

Basement Exterior Entry, Bath/Stubbed

Interior

Interior Features Ceiling Fan(s), Eat-in Kitchen, Granite Counters, High Ceilings, Jetted Tub, Open Floorplan

Heating Central, Ductless, Multi-Fuel

Cooling Central Air

Flooring Concrete, Painted/Stained, Tile, Wood

Fireplaces Number 2

Fireplaces Type Gas Log

Furnishings Negotiable

Fireplace Yes

Appliance Stainless Steel Appliance(s)

Laundry Main Level, In Unit

Exterior

Exterior Feature Courtyard, Fire Pit, Lighting, Outdoor Grill, Private Entrance, Private Yard

Parking Features Driveway, Open, Private

Utilities Available Electricity Connected, High Speed Internet Available, Satellite Internet Available

Waterfront Description None

View Y/N Yes

Water Access Desc Private

View Trees/Woods

Roof Type Shingle

Topography Sloping,Terraced

Porch Rear Porch, Covered, Deck, Front Porch, Side Porch

Garage No

Building

Lot Description Back Yard, Flag Lot, Landscaped, Private, Secluded, Sloped

Foundation Block

Sewer Septic Tank

Water Private

Level or Stories Three Or More

New Construction No

Others

Tax ID 7439270124, 7439271229, 7439179173

Financing 1031 Exchange

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40-84 Spotted Bear LN Highlands, NC 28741

Key Details

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Rooms

Interior

Exterior

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40-84 Spotted Bear LN