MLS#4427873
STATUSActive
PROPERTY TYPECommercial -
Property Description
RARE RETREAT & HOSPITALITY OPPORTUNITY | 16 ACRES | SIX CABINS | SECOND BROAD RIVER | WATERFALL VIEWSAn exceptional Western North Carolina retreat and recreational property where historic character, water features, accommodations and gathering spaces come together. Situated on approximately 16 acres along the Second Broad River, this distinctive property includes an approximately 4,200-SF main residence, six insulated sleeper cabins, approximately 800-SF bathhouse, 20' x 40' heated saltwater pool, waterfall views and extensive outdoor recreational areas.The property provides an extraordinary environment for fishing, kayaking, swimming, hiking, exploring trails, enjoying the river and gathering with family, friends or groups. The combination of Second Broad River frontage, waterfall views, trails, pool, cabins and gathering areas creates a unique recreational setting with numerous possibilities for an experienced owner/operator.Approximately $500,000 in improvements have been made since 2025, including six cabins, bathhouse, electrical, plumbing, HVAC, foundation, septic, landscaping, fencing, security gate and pool improvements. Seller reports permits and inspections associated with numerous improvements.The property currently has an established retreat operation, with approximately 15 beds/10 rooms, six cabins and infrastructure designed to accommodate guests and gatherings. An established business entity and related operation may be available for transfer, subject to mutually acceptable terms.With its historic residence, Second Broad River setting, waterfall views, recreational amenities, extensive improvements and proximity to Forest City and regional Western North Carolina markets, this is a highly unusual opportunity for an experienced investor or operator.SEE AGENT REMARKS REGARDING THE RECORDED DEED RESTRICTION, INTENDED USE, TITLE, FINANCING AND BUYER DUE DILIGENCE.
Property Features
Property Type: Commercial -
Heating: Central, Natural Gas
Lot Size: 15.95 Acres
Roof Type: Architectural Shingle
Year Built: 1900
Feature Descriptions
Appliances: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
Body of Water: Second Broad River
Building Features: Receptions Room
Exterior: Wood
Flooring: Tile, Wood
Foundation: Crawl Space
Lot: Cleared, Green Area, Level, Open Lot, Private, Waterfront, Wooded
Other Parking: Multiple spaces
Other Structures: Other - See Remarks
Parcel#: 1610936
Parking: Detached Carport, Driveway
Patio/Porch: Covered, Deck, Enclosed, Front Porch
Security: Smoke Detector(s)
Sewer: Septic Installed
Special View Info: Water
Utilities: Natural Gas
Water: City
Water Features: Other - See Remarks
Window Features: Window Treatments
Listed By / Shown By
Listed By
Agency Name: BluAxis Realty
Agency Contact: dee@bluaxis.com
Shown By
Agent Name: Nancy Hucks
Agent Phone: (704) 677-4302
Agency Title: Lake Norman Realty
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252 Spencer Street | MLS# 4427873
This commercial property located at 252 Spencer Street, Ellenboro, NC 28040 is currently listed for sale with an asking price of $950,000. Search Ellenboro real estate on nancyh.lakenormanrealty.com today.