40-84 Spotted Bear Lane, Highlands, North Carolina

40-84 Spotted Bear Lane

40-84 Spotted Bear Lane, Highlands, NC

  • CA$2,586,485
  • 5 BEDS
  • 6 BATHS
  • 1.39 ac Land
  • CA$2,586,485

40-84 Spotted Bear Lane

40-84 Spotted Bear Lane, Highlands, NC

  • CA$2,586,485
  • 5 BEDS
  • 6 BATHS
  • 1.39 ac Land
  • CA$2,586,485

Key Facts

  • MLS® #: 1001878
  • Property ID: SIRC2856396
  • Original Price: USD 2,050,000
  • Property Type: Residential, Single Family Detached
  • Style: Cottage/Cabin
  • Lot Size: 1.39 ac
  • Year Built: 1975
  • Bedrooms: 5
  • Bathrooms: 6

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 fiveensuite 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.

Listing Agents

  • Nancy Thorpe

    C. 404-488-5870

  • Stuart Jernigan

    C. 828-276-3569

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Location

40-84 Spotted Bear Lane, Highlands, North Carolina, 28741 United States

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Marketed By

Highlands Sotheby's International Realty
114 N. 4th Street
Highlands, North Carolina, 28741
United States

8285264104

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