$1,850,000
UNDER CONTRACT $150K PRICE DROP

1628 Round Hill Rd Bryson City, NC 28713

Estimated payment $12,068/month

Total Views 7,448
5 Beds
5 Baths
2,072 Sq Ft
$893 Price per Sq Ft

Highlights

  • Waterfront
  • Wood Flooring
  • Fireplace
  • Deck
  • Covered patio or porch
  • Built-In Features

About This Home

Investment Opportunity at an 8% Cap Rate! What's for sale: 3 freestanding, fully furnished Short Term Vacation Rental Homes that have exclusive panoramic views of Fontana Lake and the Great Smoky Mountains National Park, located in Bryson City, NC. Strong 9 year rental history offers an established investment opportunity.

Come enjoy a peaceful sanctuary surrounded by untouched Nantahala National Forest. Delight in being remote enough to be immersed in nature, while having quick access, just 12 minutes to downtown, restaurants, and shopping. Lake access is just a 5 minute drive to a boat ramp and marina. This property is an hour west of Asheville, NC, 2 hours from Knoxville, TN, 3 hours north of Atlanta, GA, and only 4.5 hours to the coast of SC.

Investment Summary

Stable long term investment opportunity with consistent returns

9 Year Established STR History

70% Occupancy Rate (w 3 night minimum and no pets)

2,072 Total sq ft on 2.1 Acres

NOI - $159,217

Listing Agent

Aaron Palmer

CENTURY 21 Connected Brokerage Email: aaron@groundfloorproperties.com License #292874 Listed on: 09/10/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2015

Lot Details

  • Waterfront

Parking

  • Driveway

Property Views

  • Water
  • Mountain

Home Design

  • Wood Siding

Interior Spaces

  • 2,072 Sq Ft Home
  • Property has 1 Level
  • Built-In Features
  • Fireplace
  • Wood Flooring
  • Crawl Space
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

  • Central Air
  • Heating System Uses Propane
  • Shared Well
  • Shared Septic

Listing and Financial Details

  • Assessor Parcel Number 6654-00-65-5183

Property Details

Home Type

Multi-Family

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Portfolio
  • Year Built: 2015
  • Restrictions: N/A
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Restrictions Description: No spraying of pesticides on the property of in the houses.
  • Road Surface Type: Gravel
  • Property Sub Type Additional: None
  • Geocode Confidence: Low
  • Attribution Contact: aaron@groundfloorproperties.com
  • Special Features: UnderContract
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Breakfast Bar, Built-in Features
  • Appliances: Dishwasher, Electric Oven, Microwave, Refrigerator, Washer/Dryer
  • Owner Pays: All Utilities
  • Above Grade Finished Sq Ft: 2072
  • Basement YN: No
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Living Area: 2072
  • Building Stories: 1

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • View: Long Range, Mountain(s), Water
  • Water Body Name: Fontana Lake
  • Waterfront Features: None
  • Construction Type: Wood
  • Patio And Porch Features: Covered, Deck

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Propane
  • Sewer: Shared Septic
  • Laundry Features: In Unit
  • Cooling: Central Air
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Views, Waterfront, Other - See Remarks
  • Lot Size Area: 2.1
  • Lot Size Units: Acres
  • Parcel Number: 6654-00-65-5183
  • Additional Parcels Description: 665400647964, 665400657018
  • Zoning Specification: None

Green Features

  • Green Verification Count: 0

Rental Info

  • Tenant Pays: None
  • Pets Allowed: No

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2025 06/11/25 Price Changed $1,850,000 -7.5% $893 / Sq Ft
09/10/2024 09/10/24 For Sale $1,999,999 -- $965 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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