140 Sunset Dr Blowing Rock, NC 28605
Estimated payment $17,894/month
Highlights
- Guest House
- No HOA
- Forced Air Heating System
- Blowing Rock Elementary School Rated A
- Multiple cooling system units
- High Speed Internet
About This Lot
HEART OF DOWNTOWN BLOWING ROCK 5,239 SF MIXED-USE BUILDING, completely renovated in 2023, with 2,625 SF leased retail space on the main level with outdoor display area, and two 2-bedroom furnished vacation rental apartments upstairs. Reflecting its proximity to Main Street (a half block away), this area was just rezoned “Town Center-East”. Commercial space has a 5-year lease with an option to renew. Detailed financial information is available for qualified buyers with a signed Confidentiality Agreement. Despite 2024 being its first full year of rental income, with bookings cancelled because of Hurricane Helene, the property is already demonstrating gross income of over $150,000. Two off-site deeded parking places are included for the use of the apartments.
Listing Agent
Blowing Rock Properties, Inc Brokerage Phone: (828) 295-9200 Listed on: 11/27/2024
Property Details
Property Type
- Land
Est. Annual Taxes
- $8,759
Year Built
- Built in 1981
Lot Details
- 5,227 Sq Ft Lot
- Zoning described as Central Business,Other-See Remarks
Parking
- Off-Site Parking
Home Design
- Wood Frame Construction
- Shingle Roof
- Architectural Shingle Roof
- Wood Siding
- Stone Veneer
- Masonry
Interior Spaces
- 5,239 Sq Ft Home
- 2-Story Property
Additional Homes
- Guest House
Schools
- Blowing Rock Elementary School
- Watauga High School
Utilities
- Forced Air Heating System
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 2807-97-3828-000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $8,883 | $1,237,150 | $169,700 | $1,067,450 |
| 2023 | $4,848 | $704,710 | $169,700 | $535,010 |
| 2022 | $4,848 | $704,710 | $169,700 | $535,010 |
| 2021 | $4,637 | $556,700 | $267,900 | $288,800 |
| 2020 | $4,415 | $556,700 | $267,900 | $288,800 |
| 2019 | $4,415 | $556,700 | $267,900 | $288,800 |
| 2018 | $4,025 | $556,700 | $267,900 | $288,800 |
| 2017 | $4,025 | $556,700 | $267,900 | $288,800 |
| 2013 | -- | $453,100 | $223,300 | $229,800 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/27/2025 03/27/25 | Price Changed | $3,250,000 | -8.5% | $620 / Sq Ft |
| 11/27/2024 11/27/24 | For Sale | $3,550,000 | -- | $678 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,000,000 | None Available | |
| Gift Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $700,000 | Purchase Money Mortgage |
Source: High Country Association of REALTORS®
MLS Number: 252836
APN: 2807-97-3828-000
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