55-57 Observation Point Drive

Bryson City, NC 28713

$1,699,000
Price
8
Beds
8
Baths
6,392 Sq. Ft.
$266 / Sq. Ft.
6,392
Sq. Ft.
$266
per Sq. Ft.

Description

Unique opportunity to own a money-making rental complex in the Best location: 2 Fully Furnished Duplexes, totaling 6,400 sq ft with 4 units of 1,600 sq ft/ea. Designed for optimal comfort & revenue, the duplexes accommodate up to 24 guests with 8 bd, 8 ba, 4 kitchens, 4 fireplaces + 12 balconies. A centralized covered outdoor terrace with a grill and bar/lounge area provides a scenic mountain landscape. Ideal for family vacations & group events. Nantahala Village Resort offers an outdoor pool, basketball/tennis...Unique opportunity to own a money-making rental complex in the Best location: 2 Fully Furnished Duplexes, totaling 6,400 sq ft with 4 units of 1,600 sq ft/ea. Designed for optimal comfort & revenue, the duplexes accommodate up to 24 guests with 8 bd, 8 ba, 4 kitchens, 4 fireplaces + 12 balconies. A centralized covered outdoor terrace with a grill and bar/lounge area provides a scenic mountain landscape. Ideal for family vacations & group events. Nantahala Village Resort offers an outdoor pool, basketball/tennis courts, game room, gym, horseback riding & hiking trails within Nantahala National Forest. Nestled in the Smoky Mountains, the property is near top outdoor adventure spots within a few min drive such as the NOC, Fontana Lake, Smoky Mountain Railroad, Cherokee & Harrah’s Casino. Whether you're an investor seeking a lucrative rental or a buyer looking for a dream home with passive income potential, this property offers a unique blend of comfort, convenience and profitability.
  1. Listed by Ginny Mosteller • Better Homes and Gardens Real Estate Heritage • ginny@ginnyrealestate.com

Property Details for 55-57 Observation Point Drive

View
Long Range, Mountain(s), Year Round
Parking Features
Driveway, Parking Space(s)
Community Features
Clubhouse, Fitness Center, Game Court, Outdoor Pool, Picnic Area, Playground, Pond, Recreation Area, Sport Court, Stable(s), Tennis Court(s), Walking Trails
Subdivision Name
Nantahala Village

Location

Listing Courtesy of Better Homes and Gardens Real Estate Heritage
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LISTING UPDATED: 05/09/2024 10:38 AM

Property Details for 55-57 Observation Point Drive

StatusActive
MLS #4098665
Days on Market127
Taxes-
HOA Fees$375 / month
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1988
Lot Size0.55 AC / 24,132 SF
CountySwain County

Location

Listing Courtesy of Better Homes and Gardens Real Estate Heritage
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Building Information for 55-57 Observation Point Drive

Stories-Residences-Year Built1988Building Size-Lot Size0.55 AC / 24,132 SF

Payment Calculator

$9,647 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,272

Property Taxes

HOA Dues

$375

The Payment Calculator is for illustrative purposes only.

Property Information for 55-57 Observation Point Drive

Summary
Location and General Information
  • Water Body Name: Fontana Lake
  • Longitude: -83.554769
  • Latitude: 35.3559
  • Directions: For GPS input the following address for Nantahala Village Resort, 9400 US Hwy 19W, Bryson City NC, 28713 Once turning into the Resort go thru pass swimming pool & clubhouse parking lot, you'll see road sign for Observation Point Drive on your Right.
Taxes and HOA Information
  • HOA Subject To: Required
  • HOA Subject To Dues: Mandatory
  • Tax Assessed Value: $748,040.00
  • Parcel Number: 664100254621, 664100253517
  • City Taxes Paid To: No City Taxes Paid
School Information
  • Middle Or Junior School: Swain
  • High School: Cherokee
  • Elementary School: West Swain
Parking
  • Open Parking: No
  • Carport: No
  • Garage: No
  • Main Level Garage: No
Property
Lot Information
  • Elevation: 3000
  • Above Grade Finished Area: 6392.0
  • Below Grade Finished Area: 0.0
  • Complex Name: Village Preserve at Nantahala Village
  • Lot Features: Adjoins Forest, Pond(s), Private, Wooded, Views
  • Lot Size Units: Acres
  • Property Type: Residential Income
Property and Assessments
  • Geocode Confidence: Low
  • New Construction: No
  • Photos Count: 44
  • Road Responsibility: Private Maintained Road
  • Construction Type: Site Built
  • Assumable: No
  • Senior Community: No
  • Restrictions: Deed
Green Features
  • Green Verification Count: 0
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected
  • Water Source: Community Well
Interior and Exterior Features
Exterior Features
  • Accessibility Features: Two or More Access Exits
  • Exterior Features: Fire Pit, In Ground Pool, Tennis Court(s)
  • Construction Materials: Wood
  • Patio And Porch Features: Covered, Deck, Rear Porch, Terrace
  • Road Surface Type: Gravel
  • Roof: Metal
  • Horse Amenities: Barn, Riding Trail, Stable(s)
Interior Features
  • Appliances: Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Cooling: Wall Unit(s)
  • Heating: Wall Furnace
  • Interior Features: Open Floorplan
  • Laundry Features: Common Area
  • Fireplace Features: Fire Pit, Living Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Wood
  • Foundation Details: Crawl Space, Stone
  • Basement: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 8
Rental
Rent Information
  • Security Features: Smoke Detector(s)
  • Tenant Pays: Other
  • Pets Allowed: No

Property History for 55-57 Observation Point Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 55-57 Observation Point Drive

This home is within Swain County School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - K to 5
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Swain County Middle School
PublicPK to 8

Swain Co West Elementary
PublicK to 5

Swain County High School
Public9 to 12

Cherokee Extension High School
PublicK 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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55-57 Observation Point Drive is a multi-family home for sale in Bryson City, NC 28713. This property was listed for sale on January 8, 2024 by Better Homes and Gardens Real Estate Heritage, it's currently listed at $1,699,000. This listing's school district is Swain County School District. Nearby schools include Swain County Middle School, Swain Co West Elementary and Swain County High School. 55-57 Observation Point Drive is a 8-bed, 8-bath, 6,392 sqft multi-family home built in 1988.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Better Homes and Gardens Real Estate Heritage

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.