$2,495,000
( $301.77Per Sq Foot )
 $14,166 est/mo Sourced by Back At You

1793 Holbert Cove Road , Saluda, NC 28773

Saluda, NC 28773

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Description

Once-in-a-lifetime investment opportunity! This iconic 25 room boutique motel sits atop a private mountain with convenient access to I-26 and a transformative view of 18,000 acres of pristine public lands. The business and facility have been revitalized over the past 3 years and are undergoing a curated room-by-room and campus redesign. Guests enjoy nostalgic motel vibes with modern touches, convenient access, stunning Appalachian sunsets and sunrises, dog-friendly options, remote work capability, and world class outdoor recreation. Property/business offered for sale with FF&E/Brand IP/Goodwill. Operate as-is for a working retirement in the mountains, hold as an investment, or convert into a retreat or wedding venue. Excess acreage is a blank canvas for continued development, and the property is eligible for OZ Federal/State tax incentives. There are very few views like this on Planet Earth how will you be its next steward? **NO Drivebys. DO NOT disturb guests or staff.**

Details

MLS#4143380
Listing TypeFor Sale
StyleHospitality
Sub-TypeResale
StatusActive
Year1971
Days On Site136
Listing Provided ByKeller Williams Professionals | Chris Gragtmans

Features

SQ Feet8,268
Story(s)1
Units25
Building(s)1
ZoningC-2
Acreage5.31
Water FrontYes
Property ViewLong Range, Mountain(s), Winter,

Market Activity 28773

 Listings courtesy of Canopy Realtor® Association as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of October 5, 2024 at 7:03:44 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Listings Checked: 1 minute ago
StateNC
CountyPolk
CitySaluda
Zip Code28773
AreaPolk
Listing VS Median (in 28773)
Price:
$2,495,000
low | high
Med:
$699,000
100% of Average
SqFt:
8,268
low | high
Med:
2,006
100% of Average
$ / SqFt:
$302
low | high
Med:
$348
34.528139029804% of Average
On Site:
136
low | high
Med:
24.000000
100% of Average
Sourced by Back At You
Listing Updated: October 4, 2024 at 12:02:57 PM PDT