Listing provided courtesy of Howard Hanna Allen Tate Real Estate Blowing RockMLS# 260040MLS ProviderContact Information: (828) 295-7337
  • 129 days on site
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Headline: Historic Sarah Boone Homestead & Investment Opportunity on Cove Creek – 3 Homes, 3+ Acres, No Restrictions! Step back in time and into an incredible investment opportunity with this unique 3+ acre compound featuring extensive Cove Creek frontage. Offering three distinct structures, income potential, and rich local history, this property is a rare find with heavy infrastructure improvements already completed. 1. The Historic Main House (Circa 1900): Reputed to be the former home of Sarah Boone (Daniel Boone’s sister), this ~1,400 sq. ft. farmhouse (4 bed/2 bath) is a restoration dream. While it requires full renovation, the heavy lifting is done: a new metal roof, complete replumbing, and updated electrical are in place. The interior has been gutted and prepped, featuring a newly framed bathroom and opened-up floorplan, ready for your vision. 2. The Creek-Side Cottage: Sitting directly on the water, this 1 bed/1 bath cottage features a basement garage. It has been sheet-rocked, wired, and had the bathroom built out. It needs updates but offers unmatched tranquility right next to the rushing water. 3. The Income Generator: A ~1,000 sq. ft. mobile home (3 bed/1 bath) is currently generating $900/mo from excellent, reliable tenants (willing to stay or go with 30-day notice). Recently refreshed with a newer hot water heater, new flooring (LVP and carpet), fresh paint, new appliances, and a privacy fence. The Land & Infrastructure: Post-Helene recovery has resulted in massive improvements: a brand new bridge, extensive grading, a new driveway, and a creek bank reinforced with a gabion wall. The property includes 2 wells (new pumps), 2 septic tanks, and a natural spring. With NO RESTRICTIONS, the possibilities are endless. Debris and non-running vehicles will be removed prior to closing.

Source: High Country MLS, MLS#: 260040

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  • Property Type
    Residential
  • Lot
    3.32 acres

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  • Median Age
    49
  • Population Density
    103
  • College Educated
    24%
  • Estimated Median Income
    $37,237
  • Estimated Total Home Owners
    901
  • Estimated Total Renters
    157
  • Owner / Renter Divide
    85% / 15%
  • Estimated Average Household Size
    2
  • Total Population
    2,589
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 121 & 150 Johns Lane


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.