Rare Riverfront Retreat in Historic Valle Crucis
Known as the "Moon River Retreat".
Experience the quintessential High Country lifestyle with this extraordinary dual-residence estate. Spanning over 13 pristine acres in the highly coveted Valle Crucis area, this property offers a rare combination of immediate rental income and limitless future development.
The Residences & Infrastructure -
The property features two charming, well-maintained rental cabins, perfect for short-term vacation hosting, long-term leasing, or a multi-family family compound.
Two Fully Functional Cabins: Both homes capture the rustic elegance of the mountains, offering cozy interiors and peaceful porch views.
The Barn: A sturdy, functional barn stands ready for equipment storage or with vision could become a beautiful venue for events
Expansion Potential: With over 13 acres of versatile terrain, the land boasts multiple prime building sites. Whether you dream of a grand estate overlooking the water or a cluster of boutique rental cottages, the "bones" of this land are ready.
Unbeatable Waterfront & Location -
Waterfront properties in Valle Crucis are a vanishing breed. This acreage provides direct, private access to the Watauga River, a premier destination for fly fishing, kayaking, and riverside relaxation.
River Frontage: Step out of your door and onto the banks of one of the region’s most storied waterways.
Historic Valle Crucis: Located just minutes from the Original Mast General Store and the Valle Crucis Community Park, you are in the heart of this beautiful and historic community!
Privacy & Proximity: Enjoy total seclusion on your private acreage while remaining a short drive from the dining and amenities of Boone and Banner Elk.
Opportunities to own significant riverfront acreage in the Valle Crucis corridor are exceptionally rare. Whether you are an investor looking for a high-yield portfolio addition or a visionary looking to build a private mountain sanctuary, 634 & 636 Watauga River Rd is a must-see.
Schedule your private tour today to walk the riverbanks and explore the endless possibilities of this Appalachian gem.
For sale
$2,500,000
634 & 636 Watauga River Road, Sugar Grove, NC 28679
2beds
1,141sqft
Single Family Residence
Built in 2020
13.77 Acres Lot
$2,452,100 Zestimate®
$2,191/sqft
$-- HOA
What's special
Cozy interiorsRiver frontagePeaceful porch viewsSturdy functional barn
- 8 days |
- 608 |
- 27 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Josh Honeycutt (828)295-7337,
Howard Hanna Allen Tate Real Estate Blowing Rock
Source: High Country AOR,MLS#: 261277
Originating MLS: High Country Association of Realtors Inc.
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric, Fireplace(s), Heat Pump
Cooling
- 2 Units
Appliances
- Included: Dryer, Dishwasher, Electric Cooktop, Electric Range, Microwave, Refrigerator, Washer, Water Heater
- Laundry: Main Level
Features
- Furnished, Hot Tub/Spa, Vaulted Ceiling(s)
- Basement: Crawl Space,Finished
- Number of fireplaces: 2
- Fireplace features: Two, Gas, Stone, Vented, Propane
- Furnished: Yes
Interior area
- Total structure area: 1,141
- Total interior livable area: 1,141 sqft
- Finished area above ground: 1,141
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway, Gravel, Private
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Multiple, Open
- Exterior features: Hot Tub/Spa, Gravel Driveway
- Has spa: Yes
- Spa features: Hot Tub
- Has view: Yes
- View description: Mountain(s), Pasture, River
- Has water view: Yes
- Water view: River
- Waterfront features: River Front, River Access
Lot
- Size: 13.77 Acres
Details
- Additional structures: Barn(s), Living Quarters
- Parcel number: 1971710265000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mountain
- Property subtype: Single Family Residence
Materials
- Wood Siding, Wood Frame
- Foundation: Basement
- Roof: Metal
Condition
- Year built: 2020
Utilities & green energy
- Sewer: Septic Permit 4 Bedroom, Shared Septic
- Water: Shared Well
- Utilities for property: Cable Available, High Speed Internet Available
Community & HOA
Community
- Features: Fishing, River, Long Term Rental Allowed, Short Term Rental Allowed
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Sugar Grove
Financial & listing details
- Price per square foot: $2,191/sqft
- Annual tax amount: $2,548
- Date on market: 6/4/2026
- Listing terms: Cash,Conventional,New Loan
- Road surface type: Paved
Estimated market value
$2,452,100
$2.33M - $2.57M
$1,814/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/4/2026 | Listed for sale | $2,500,000$2,191/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Valle Crucis
Nearby schools
GreatSchools rating
- 7/10Valle Crucis ElementaryGrades: PK-8Distance: 7.2 mi
- 8/10Watauga HighGrades: 9-12Distance: 7.8 mi
Schools provided by the listing agent
- Elementary: Valle Crucis
- High: Watauga
Source: High Country AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- North Carolina
- Watauga County
- Banner Elk
- 28679
- Valle Crucis
- 634 & 636 Watauga River Road




