40 Chatuge Lane

Property Description

Unrestricted 5.39 Acres Overlooking Lake Chatuge - Income-Producing Gem! Endless potential and breathtaking views await! Perched above beautiful Lake Chatuge with stunning mountain vistas, this 5.39-acre unrestricted property offers lake access and a rare investment opportunity. Whether you're expanding a hospitality portfolio or launching your next venture, the options here are wide open.The property features a well-maintained 20-room motel, all recently renovated and tastefully decorated. Accommodations include:3 rooms with King beds 17 rooms with two Queen beds which 3 rooms are pet-friendly. with stylish luxury vinyl flooring. A spacious 1 bed / 1 bath apartment ideal for on-site management or additional rental income. Each room is thoughtfully appointed with updated bathrooms, new flooring, a desk, microwave, coffee maker, and sofa--perfect for a comfortable guest stay.But that's not all--two mobile homes on-site generate $1,600/month in rental income, and the expansive grounds offer plenty of space to add more tiny homes or mobile units for additional revenue streams. This is once in a life time opportunity in one of the most scenic locations in the region.

Overview

Property Status

Pending

Lot Size

5.39 Acres

MLS ID

26041558

Property Type

Commercial

Year Built

1993

Are you interested?

Schedule a Tour

Evelyn Owens

(828) 332-0088 [email protected]

Features & Amenities

Total Area

8,721 Sq.Ft.

Neighborhood

Chatuge Lake

Water Frontage

Lake Privileges

View Description

Exceptional View, Lake

Stories

Water Source

Well

Utilities

Electricity Available, Propane, Sewer Available, Phone Available

Roof

Composition, Shingle

Lot Features

Corner Lot, County, Open Lot

Parking

Off Street, Parking Lot, Paved Driveway

Heat Type

Electric Heat Pump, Electric Baseboard, Wall Furnace

Air Conditioning

Wall Unit(s), Ceiling Fan(s)

Disability Features

Handicapped

Security Features

Security System, Smoke Detector(s)

Sales Price

$1,799,000

Real Estate Tax

$4,911/yr

Schedule a Tour

I would love to help you see this beautiful home! As a full-service agent, I can help you tour. Please submit an offer, and answer questions about the buying process.

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Thank you

for your interest in 40 Chatuge Lane, Hayesville, NC 28904

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