Turn-Key 4-Unit Mountain Property on 14.15 Acres with Development Potential. A rare opportunity to acquire an established four-unit residential property paired with substantial acreage for future growth. Situated on approximately 14.15 acres, this offering combines four fully furnished, turn-key condominiums with additional raw land offering potential for further development. Each condominium features 2 bedrooms and 2 baths, tall ceilings, mountain views, private outdoor space, and a designated garage space. The residences are being sold completely furnished, allowing a new owner to transition directly into rental operations, personal use, or a combination of both. What sets this offering apart is the land. Beyond the existing residences, the property includes significant undeveloped acreage, creating an opportunity to explore additional residential units or other development possibilities. The combination of existing improvements and raw land gives an investor the ability to generate value from the current property while considering a longer-term expansion strategy, subject to applicable zoning, permitting, infrastructure, community restrictions, and buyer due diligence. Whether acquired as a furnished mountain rental investment, multi-unit residential property, or the foundation for a larger development plan, this offering provides a unique combination of immediate usability, existing rental potential, and room to grow.
For sale
Price cut: $99K (9/19)
$899,000
376 Preservation Trl, Sylva, NC 28779
8beds
5,712sqft
Residential, Condominium, Multi Family
Built in 2007
-- sqft lot
$765,300 Zestimate®
$157/sqft
$533/mo HOA
What's special
Mountain viewsTall ceilingsPrivate outdoor spaceDesignated garage space
- 27 days
- 327
- 38
Zillow last checked:
Listing updated:
Listed by:
David Pinkerton,
Pinkerton & Co. Realty Group
Source: Carolina Smokies MLS,MLS#: 26048542
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
- Full bathrooms: 8
Primary bedroom
- Level: First
Bedroom 2
- Level: First
Bedroom 3
- Level: Second
Bedroom 4
- Level: Second
Heating
- Electric, Forced Air, Heat Pump
Cooling
- Central Electric
Appliances
- Included: Dishwasher, Disposal, Microwave, Electric Oven/Range, Refrigerator, Washer, Dryer, Electric Water Heater
Features
- Cathedral/Vaulted Ceiling, Ceiling Fan(s), Primary w/Ensuite, Workshop
- Flooring: Ceramic Tile, Luxury Vinyl Plank
- Doors: Other Doors (See Remarks)
- Windows: Insulated Windows, Other Windows (See Remarks)
- Basement: Crawl Space
- Attic: None
- Has fireplace: Yes
- Fireplace features: Insert, Other
- Furnished: Yes
Interior area
- Total structure area: 5,712
- Total interior livable area: 5,712 sqft
Property
Parking
- Parking features: Garage-Single Detached, Other Garage-See Remarks
- Garage spaces: 1
Features
- Patio & porch: Deck
- Has view: Yes
- View description: Long Range View, Short Range View, View-Winter, View Year Round
Lot
- Size: 14.15 Acres
Details
- Parcel number: 7527666665
Construction
Type & style
- Home type: Condo
- Architectural style: Contemporary
- Property subtype: Residential, Condominium, Multi Family
Materials
- Composition Siding, Hardboard
- Roof: Composition,Fiberglass,Shingle
Condition
- Year built: 2007
Utilities & green energy
- Sewer: Septic Tank
- Water: Well, Private
Community & HOA
Community
- Subdivision: Garnet Ridge Preservation
HOA
- HOA fee: $1,600 quarterly
Location
- Region: Sylva
Financial & listing details
- Price per square foot: $157/sqft
- Tax assessed value: $1,597,236
- Annual tax amount: $5,898
- Date on market: 9/19/2026
- Listing terms: Cash,Conventional,USDA Loan,FHA,VA Loan
- Road surface type: Paved, Gravel
Estimated market value
$765,300
$727,000 - $804,000
$2,591/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/19/2026 | Price change | $800,000-11%$140/sqft |
Source: Carolina Smokies MLS #26048543 Report a problem | ||
| 9/19/2026 | Listed for sale | $899,000$157/sqft |
Source: Carolina Smokies MLS #26048542 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,451 +63.1% | $1,597,236 +113.6% |
| 2024 | $3,342 +153.8% | $747,870 +248.1% |
| 2023 | $1,317 | $214,870 |
| 2022 | $1,317 +13.3% | $214,870 -40.7% |
| 2021 | $1,162 -57% | $362,550 -41.7% |
| 2020 | $2,701 | $622,320 |
| 2019 | $2,701 | $622,320 |
| 2018 | $2,701 | $622,320 |
| 2017 | $2,701 +2.4% | $622,320 -9.5% |
| 2015 | $2,639 | $687,320 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 28779
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