Sold
Last Sold Price
2 beds346 sqft
591-611 Locust Gap Rd, Vilas, NC 28692
Single FamilyProperty Type
2.02 acresLot Size
2018Year Built
$1,084/sq ftPrice per sq ft

Description

SELLER FINANCING AND FANTASTIC ROI WITH OVER $65K ANNUALLY IN GROSS REVENUE for these two tiny homes on wheels perched at over 3,500 feet with jaw-dropping long range views of Grandfather, Beech, and more! Level access off of paved state maintained roads makes this quite possibly the most breathtaking views you will ever reach in a two wheel drive. Each tiny home comes turn key and fully furnished to convert to your own personal getaway in the mountains or an absolute powerhouse of an investment...SELLER FINANCING AND FANTASTIC ROI WITH OVER $65K ANNUALLY IN GROSS REVENUE for these two tiny homes on wheels perched at over 3,500 feet with jaw-dropping long range views of Grandfather, Beech, and more! Level access off of paved state maintained roads makes this quite possibly the most breathtaking views you will ever reach in a two wheel drive. Each tiny home comes turn key and fully furnished to convert to your own personal getaway in the mountains or an absolute powerhouse of an investment property. High speed fiber internet, fire-pits at both properties, crystal clear mountain spring water, power for RV hookup, the amenities go on and on. Located 30 minutes from Boone, 45 minutes to area ski resorts, 20 minutes from Watauga Lake, and 40 minutes from the VA Creeper in Damascus are just some examples of the year-round outdoor adventure waiting in every direction. Come and unwind at your own mountain-top oasis, diversify your investment portfolio, or both! Unrestricted acreage could even accommodate additional tinies to increase income. Averaging over an 86% occupancy rate for 2023 with over $65K in income, don't miss this property that makes sense on paper and in your soul as you sit and breathe the fresh air and revel in the tranquility while looking over the mountains that form the High Country. Adjacent 10.5 acres with third tiny home, garden area, and bold stream can be purchased to expand the potential and options for this spectacular property, reach out to an agent for more details.
  • Listed by: Joel Farthing • Boone Real Estate 828-265-1021
Listing closed: 01/16/2025 12:00 AM • Source: High Country Association of REALTORS, MLS#: 252058

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Recent comparable sales

Median sold price

$400,000

Avg days on market

133

Sale-to-list ratio

91.6%

Vilas, NC

9 comparable properties found

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Square Feet
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Acres
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Location

Listing Courtesy of Boone Real Estate

Sold By Boone Real Estate

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$2,017 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,001

Property Taxes

$16

HOA Dues

$0

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Property Information for 591-611 Locust Gap Road

Property Details
  • Taxes: $190 / year
  • MLS Type: Residential / Single Family Residence
  • Architectural Style: Craftsman
  • Parking Features: Driveway, Gravel, Private
  • View: Yes
  • Subdivision Name: None
  • View: LongRange, Mountains, SouthernExposure
  • Zoning Description: None
Building Information
  • Stories: 1
  • Year Built: 2018
  • Lot Size: 2.02 AC / 87,991 SF
Summary
Location and General Information
  • Directions: From the intersection of 421 and 321 (at Skateworld): take HWY 321 6.8 miles to a right on Bethel Rd. In 3.9 miles turn left on Mountaindale. In 3.5 miles turn left on Locust Gap. Both properties are approximately 1/2 mile on left.
  • Road Surface Type: Paved
  • Postal Code: 28692
  • Road Responsibility: PublicMaintainedRoad
  • MLS Area Major: 6-Laurel Creek, Beaver Dam, Beech Mountain
Taxes and HOA Information
  • Parcel Number: 1965-35-9175-000
  • Association: No
  • Tax Annual Amount: $190
  • Tax Book Number: 2223/250
School Information
  • Elementary School: Bethel
  • High School: Watauga
Property
Lot Information
  • Above Grade Finished Area: 346.0
  • Below Grade Finished Area: 0.0
  • Lot Size Acres: 2.02
  • Lot Size Area: 2.02
  • Lot Size Units: Acres
  • Living Area: 346.0
Property and Assessments
  • Other Structures: LivingQuarters, Outbuilding
  • Year Built: 2018
  • Documents Available: RentRolls
  • Human Modified: Yes
Utilities
  • Sewer: CommunityCoopSewer, SepticPermit4Bedroom, SharedSeptic
  • Utilities: HighSpeedInternetAvailable
  • Water Source: Spring
Interior and Exterior Features
Exterior Features
  • Exterior Features: FirePit, OutBuildings, GravelDriveway
  • Community Features: LongTermRentalAllowed, ShortTermRentalAllowed
  • Construction Materials: Other, SeeRemarks, WoodSiding
  • Patio And Porch Features: Open
  • Roof: Metal
Interior Features
  • Levels: One
  • Stories: 1
  • Stories Total: 1
  • Flooring: Wood
  • Basement: Other, SeeRemarks
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 2
  • Rooms Total: 1
  • Cooling: Yes
  • Cooling: WallWindowUnits
  • Heating: Yes
  • Heating: Ductless
  • Furnished: Furnished
  • Fireplace: No
  • Fireplace Features: None
  • Laundry Features: MainLevel
  • Appliances: ElectricRange, Refrigerator
  • Interior Features: Furnished

Property History for 591-611 Locust Gap Road

DateEvent & SourcePriceAppreciation
Jan 16, 2025

Closed

High Country Association of REALTORS #252058

$374,900—
Dec 15, 2024

Under Contract-No Show

High Country Association of REALTORS #252058

—
Sep 17, 2024

Listed (Active)

High Country Association of REALTORS #252058

$374,900—
DateEvent & SourcePrice
01/16/2025

Closed

High Country Association of REALTORS #252058

$374,900
12/15/2024

Under Contract-No Show

High Country Association of REALTORS #252058

—
09/17/2024

Listed (Active)

High Country Association of REALTORS #252058

$374,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 591-611 Locust Gap Road

This home is within Watauga County School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - K to 8
Public - 9 to 12
Rating
School
Distance
Bethel Elementary
PublicPK to 8

Watauga High
Public9 to 12

Watauga Virtual Academy
PublicK to 8

Watauga Innovation Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 591-611 Locust Gap Road, Vilas, NC 28692
$374,900
2
346
87,991
$375,000
–
–
–
88,209
–
–
–
–
10,890
$385,416
4
2,408
277,041
$150,000
–
–
–
616,374
–
–
1
840
106,286

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Boone Real Estate

Based on information from one of the following Multiple Listing Services: Canopy MLS,High Country Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Canopy MLS,High Country Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.