Investment Opportunity at an 8% Cap Rate! What's for sale: 3 freestanding, fully furnished Short Term Vacation Rental Homes that have exclusive panoramic views of Fontana Lake and the Great Smoky Mountains National Park, located in Bryson City, NC. Strong 9 year rental history offers an established investment opportunity.
Come enjoy a peaceful sanctuary surrounded by untouched Nantahala National Forest. Delight in being remote enough to be immersed in nature, while having quick access, just 12 minutes to downtown, restaurants, and shopping. Lake access is just a 5 minute drive to a boat ramp and marina. This property is an hour west of Asheville, NC, 2 hours from Knoxville, TN, 3 hours north of Atlanta, GA, and only 4.5 hours to the coast of SC.
Investment Summary
Stable long term investment opportunity with consistent returns
9 Year Established STR History
70% Occupancy Rate (w 3 night minimum and no pets)
2,072 Total sq ft on 2.1 Acres
NOI - $159,217
Closed
$1,600,000
1628 Round Hill Rd, Bryson City, NC 28713
5beds
2,072sqft
Multi Family
Built in 2015
-- sqft lot
$1,502,700 Zestimate®
$772/sqft
$1,399 Estimated rent
Home value
$1,502,700
$1.43M - $1.58M
$1,399/mo
Zestimate® history
Owner options
List your home for rent
$1,399/mo
Rent Zestimate®
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$1,399/mo
Rent Zestimate®
Refinance and save
$8,990/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$8,990/mo
Est. payment
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Zillow last checked:
Listing updated:
Listing Provided by:
Aaron Palmer aaron@groundfloorproperties.com,
CENTURY 21 Connected
Bought with:
Clarissa Marshall
EXP Realty LLC
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4181322
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Propane
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Oven, Microwave, Refrigerator, Washer/Dryer
- Laundry: In Unit
Features
- Breakfast Bar, Built-in Features
- Flooring: Wood
- Has basement: No
- Fireplace features: Gas
Interior area
- Total structure area: 2,072
- Total interior livable area: 2,072 sqft
- Finished area above ground: 2,072
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Stories: 1
- Patio & porch: Covered, Deck
- Has view: Yes
- View description: Long Range, Mountain(s), Water
- Has water view: Yes
- Water view: Water
- Waterfront features: None, Waterfront
- Body of water: Fontana Lake
Lot
- Size: 2.10 Acres
- Features: Views, Other - See Remarks
Details
- Additional parcels included: 665400647964, 665400657018
- Parcel number: 665400655183
- Zoning: None
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 2015
Utilities & green energy
- Sewer: Shared Septic
- Water: Shared Well
Community & neighborhood
Community
- Community features: None
Location
- Region: Bryson City
Other
Other facts
- Listing terms: Cash,Conventional,Owner Financing,USDA Loan,VA Loan,Other - See Remarks
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 10/2/2025 | Sold | $1,600,000-13.5%$772/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4181322 Report a problem | ||
| 6/11/2025 | Price change | $1,850,000-7.5%$893/sqft |
Source: Canopy MLS as distributed by MLS GRID #4181322 Report a problem | ||
| 9/10/2024 | Price change | $1,999,999-13%$965/sqft |
Source: Canopy MLS as distributed by MLS GRID #4181322 Report a problem | ||
| 6/10/2024 | Listed for sale | $2,300,000-3.6%$1,110/sqft |
Source: Owner Report a problem | ||
| 6/4/2024 | Listing removed | -- |
Source: Canopy MLS as distributed by MLS GRID #4102832 Report a problem | ||
| 3/25/2024 | Price change | $2,385,000-4%$1,151/sqft |
Source: Canopy MLS as distributed by MLS GRID #4102832 Report a problem | ||
| 1/26/2024 | Price change | $2,485,000-0.6%$1,199/sqft |
Source: Canopy MLS as distributed by MLS GRID #4102832 Report a problem | ||
| 10/15/2023 | Listed for sale | $2,500,000$1,207/sqft |
Source: Owner Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 28713
Nearby schools
GreatSchools rating
- NACherokee Extension High SchoolGrades: K-12Distance: 3.7 mi
- 4/10Swain County Middle SchoolGrades: PK,6-8Distance: 3.7 mi
- 4/10Swain County High SchoolGrades: 9-12Distance: 3.1 mi
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- North Carolina
- Swain County
- Bryson City
- 28713
- 1628 Round Hill Rd
Nearby cities
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