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$1,099,000

Beds
3
Baths
5.0
sq ft
3,200

495 St Andrews Road, Beech Mountain, NC 28604

495 St Andrews Road

Beech Mountain, NC 28604

  • 283 days on market
    • Price drop $50,000↓
Discover the pinnacle of mountain luxury with this 4,299-square-foot Beech Mountain retreat, combining 3,200 square feet of main living space and a 1,099-square-foot lower apartment. This fully furnished, turn-key home offers a seamless blend of tranquility and recreation at 4,134 feet elevation, overlooking the Beech Mountain Golf Course. Perfect for both relaxation and entertainment, this residence accommodates up to 20 guests and boasts a proven gross rental income of over $120,000 per year, for the last 2 years, making it an excellent investment. The open great room connects effortlessly to a chef’s kitchen, sunlit sunroom, and a dedicated hot tub room. Additional spaces include a spacious family room, office, and 3 bonus sleeping areas. The main level features a luxurious primary bedroom, while the lower level includes two bedrooms with a jack-and-jill bath and a separate apartment with its own kitchen, living area, and full bath. Enjoy outdoor living with over 1,000 square feet of deck space for memorable gatherings. With ample parking, a carport, and a garage, this home is perfect for both serene family escapes and lucrative vacation rentals. Embrace the beauty of Beech Mountain and make this exceptional property your own.

Details

Property type

Single Family Residence

Est. home value

$1,102,350

Lot size

0.34 acres

Price per sq ft

$344

Year built

1994

Annual property taxes

$8,303

HOA

No

Price History

08/08/2024
HighCountry

HighCountry #247777

Price change
$1,099,000
-4.35%
03/26/2024
HighCountry

HighCountry #247777

Listed
$1,149,000
03/20/2024
HighCountry

HighCountry #247777

Removed
$1,149,000

Schools & Community

Elementary school: 

Valle Crucis

Middle school: 

Unknown

High school: 

Watauga

Community features: 

Fitness Center, Fishing, Golf, Lake, Tennis Court(s)

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$536,876
Asking price
$1,099,000
Closing costs (~8% of asking)
-$87,920
Est. remaining loan balance
-$474,204
Cash to seller
$536,876

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Visio Financial Services Inc

Loan start date

January 2022

Original loan amount

$504,400

Est. remaining balance

$474,204

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

495 St Andrews Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/23/2024 at 7:00 AM

Listing updated: 09/25/2024 at 2:18 PM

Listed by: Jules Blaylock, Grandfather Realty Phone #: (828) 963-2930

MLS: HighCountry #247777

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