40-84 Spotted Bear Lane (Off Market)

For Sale, USD 2,050,000


40-84 Spotted Bear Lane,

Property Type : Single Family Home

Property Style : Castle

Build Size : N/A

Land Size : 60,548 ft² / 5,625 m² Convert Land Size

Bedroom : 5

Bathroom : 6

Half Bathroom : 0

MLS#: 1001878


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.
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40-84 Spotted Bear Lane, United States,North Carolina,Highlands is a Highlands luxury Single Family Home listed for sale USD 2,050,000. This high end Highlands Single Family Home is comprised of 5 bedrooms and 6 baths. Find more luxury properties in Highlands or search for luxury properties for sale in Highlands.