$440,000
$545,000
19.3%For more information regarding the value of a property, please contact us for a free consultation.
21 Baths
8,298 SqFt
SOLD DATE : 08/23/2019
Key Details
Sold Price $440,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 8,298 sqft
Price per Sqft $53
MLS Listing ID 3468365
Sold Date 08/23/19
Year Built 1964
Lot Size 2.850 Acres
Acres 2.85
Property Sub-Type Commercial
Property Description
Investment Opportunity PRICED BELOW TAX VALUE with strong and loyal guest following!!! Established Motel/Cabin operation includes 17 room capacity and 4 Log Cabins! Capture the motel and Log Cabin market in Maggie Valley. Motel has 8 Double, 5 Queen & Double, 2 King, 2 Efficiencies, and three CABINS-2bdrms/1bath, one Couples Cabin Suite w/jetted tub. Terrific green space, gazebo by the bold creek, large pavilion with BBQ grill and tables, two small buildings. Super terrific large Workshop/Storage sits above motel/cabins, plenty of parking and turnaround area for guest pulling a trailer. Large OFFICE connected to Owners Qtrs. 5 room/2bath OWNER QUARTERS has large open windows so you can enjoy the mountains, a large rock faced wood-burning fireplace for those winter nights and for your enjoyment of mountain living. A two car garage on premises. All this at the threshold of Maggie Valley. Lots of opportunity for new owners. Near outdoor recreation activity. Come see this special property.
Location
State NC
County Haywood
Building/Complex Name Tanglewood Motel & Log Cabins
Interior
Heating Central, Electric, Propane, Other
Cooling Central Air, Window Unit(s)
Flooring Carpet
Exterior
Utilities Available Cable Available, City Water, Electricity Available, Propane, Septic Tank, Telephone On-Site
Roof Type Composition,Metal,Wood
Accessibility Ramp(s)-Main Level
Total Parking Spaces 32
Building
Building Description Block,Concrete,Metal,Wood, Hotel/Motel
Story 1
Foundation Block, Crawl Space, Slab
Structure Type Block,Concrete,Metal,Wood
New Construction false
Others
Restrictions Signage
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Special Listing Condition None
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© 2025 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Bought with Lyndia Massey • Mountain Dreams Realty of WNC