NOT LISTED FOR SALE

160 Observation Point Rd Bryson City, NC 28713

Estimated Value: $249,000 - $290,000

2 Beds
1 Bath
-- Sq Ft
3,398 Sq Ft Lot

Last Sold January 29, 2024

Last sale price $235,000

Est. 14% increase in value since last sale

Current estimated payment $1,705/month

23 Days on Market

Highlights

  • Spa
  • Wood Burning Stove
  • Private Lot
  • Deck
  • Hilly Lot
  • Valley View

About This Home

As of January 2024

This TURNKEY, 2 BR historic cottage was built circa 1940-50's at Nantahala Village Resort, one of the oldest resorts in the area, built just after the Great Smoky Mtns Nat'l Park was opened. The antique cottage has wormy wood interior walls, hardwood floors and vintage features. There's a private covered porch & a newly expanded deck with views of the Nat'l Park through the trees, a hot tub, propane firepit & Adirondak chairs. Cozy up to the stone, woodburning Fireplace & Flat Screen in the living area with sound bar, subwoofer & stream your faves on the super-fast Balsam West WIFI! There's a TV in the Queen BR on the main floor with bath & a King in the lower level, BR with TV & private patio. Guests staying at the Nantahala Village will enjoy the equipped fitness center, tennis courts, swimming pool & volleyball court. Amenities also incl a full-service restaurant, indoor & outdoor meeting spaces & gameroom. You can't beat the location, 5 min from rafting & dining at the Nantahala Outdoor Center & 15 min from Bryson City with shops & restaurants, the Nat'l Park & more. This cozy cottage is the perfect opportunity to invest in the Smoky Mtns without breaking the bank.

Last Agent to Sell the Property

Diane Jones

Good Life Real Estate Co., LLC Brokerage Phone: 8283188811 License #213006 Listed on: 10/27/2023

Last Buyer's Agent

Megan F. Cookston

Yellow Rose Real Estate LLC License #215457

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $350

Year Built

  • Built in 1950

Lot Details

  • 3,398 Sq Ft Lot
  • Private Lot
  • Hilly Lot
  • Historic Home

HOA Fees

  • $255 Monthly HOA Fees

Home Design

  • Cottage
  • Rustic Architecture
  • Slab Foundation
  • Shingle Roof
  • Stone

Interior Spaces

  • 2-Story Property
  • Furnished
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Stone Fireplace
  • Insulated Windows
  • Window Treatments
  • Living Area on First Floor
  • Valley Views
  • Bedroom in Basement
  • Fire and Smoke Detector

Kitchen

  • Electric Oven or Range
  • Recirculated Exhaust Fan
  • Microwave

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Parking

  • No Garage
  • Limited Parking

Outdoor Features

  • Spa
  • Deck
  • Porch

Schools

  • West Swain Elementary School
  • Swain County Middle School
  • Swain County High School

Utilities

  • Ductless Heating Or Cooling System
  • Mini Split Heat Pump
  • Electric Water Heater
  • Community Sewer or Septic

Community Details

  • Nantahala Village Resort Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 664100263005

Home Details

Home Type

Single Family

Est. Annual Taxes

$350

Year Built

Built in 1950

Lot Details

3,398 Sq Ft Lot

HOA Fees

$255 per month

Listing Details

  • Property Sub Type: Current Rental,Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.078
  • Road Frontage Type: Property Owners' Assoc
  • Road Surface Type: Paved, Gravel
  • Ownership: More than One Year
  • Subdivision Name: Nantahala Village Resort
  • Directions: Head west out of Bryson City on Hwy 74. Once it turns to 2 lanes in the Gorge, turn R into Nantahala Vlg & follow main rd going to the R of lodge. Go over speed bumps & follow main rd. You'll pass 3 small cabins on R, then a cluster of 6 cabins on L. Continue til you see a small wooden staircase on the R & make sharp turn uphill to the R. Go to the top stone cottage No. 36.
  • Architectural Style: Cottage
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Structure Type: Historical
  • Year Built: 1950
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • NAV27_AllowsVacationRentalYN: Yes
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Spa Features: Hot Tub/Spa
  • Private Spa: Yes
  • Appliances: Electric Water Heater, Exhaust Fan, Microwave, Electric Oven/Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning, Wood Burning Stove, Stone
  • Fireplace: Yes
  • Flooring: Vinyl, Hardwood
  • Interior Amenities: Main Level Living, Primary on Main Level
  • Main Level Bathrooms: 1
  • Window Features: Insulated Windows, Window Treatments
  • Room Bedroom2 Level: Basement
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First

Exterior Features

  • Lot Features: Hilly/Steep, Private
  • View: Short Range View, Valley, View-Winter
  • View: Yes
  • Home Warranty: No
  • Construction Type: Stone
  • Exterior Features: Rustic Appearance
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, None-Carport, Limited Parking

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Electric, Mini-Split
  • Heating Yn: Yes
  • Sewer: Community
  • Utilities: Cell Service Available
  • Water Source: Community
  • Gas Company: Propane Tank: None
  • Telephone: Cell Service Available

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 255
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: West Swain
  • High School: Swain County
  • Middle Or Junior School: Swain County

Lot Info

  • Lot Size Sq Ft: 3397.68
  • Parcel #: 664100263005

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 350
  • Tax Book Number: 498

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2023
Closed on
Jan 25, 2024
Sold by
Getting Close To Fine Llc
Bought by
Sperger Chelsea S
Seller's Agent
Diane Jones
Good Life Real Estate Co., LLC
Buyer's Agent
Megan F. Cookston
Yellow Rose Real Estate LLC
List Price
$255,000
Sold Price
$235,000
Premium/Discount to List
-$20,000
-7.84%
Views
128
Current Estimated Value
$267,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,037
Avg. Annual Appreciation
6.18%
Original Mortgage
$203,245
Outstanding Balance
$199,876
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$67,161

Purchase Details

Closed on
Sep 28, 2021
Sold by
Roumelco Properties Llc
Bought by
Getting Close To Fine Llc

Purchase Details

Closed on
Jul 9, 2015
Sold by
Macon Services Inc
Bought by
Roumelco Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,450,000
Interest Rate
3.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 28, 2014
Sold by
Macon Bank Inc
Bought by
Macon Services Inc
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sperger Chelsea S $235,000 None Listed On Document
Sperger Chelsea S $235,000 None Listed On Document
Getting Close To Fine Llc $224,000 None Available
Roumelco Properties Llc $2,436,000 None Available
Macon Services Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sperger Chelsea S $203,245
Closed Sperger Chelsea S $203,245
Previous Owner Roumelco Properties Llc $2,450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2024 01/29/24 Sold $235,000 -7.8% --
11/21/2023 11/21/23 Pending -- -- --
10/28/2023 10/28/23 For Sale $255,000 -- --
Source: Carolina Smokies Association of REALTORS®

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
2025 $732 $117,450 $33,750 $83,700
2024 $756 $117,450 $33,750 $83,700
2023 $673 $117,450 $33,750 $83,700
2022 $673 $117,450 $33,750 $83,700
2021 $673 $117,450 $0 $0
2020 $350 $76,490 $50,000 $26,490
2019 $350 $76,490 $50,000 $26,490
2018 $350 $76,490 $50,000 $26,490
2017 $350 $76,490 $50,000 $26,490
2016 $350 $76,490 $50,000 $26,490
2015 -- $76,490 $50,000 $26,490
2014 -- $76,490 $50,000 $26,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26035090

APN: 6641-00-26-3005

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