25 Beds
25 Full baths
8,268 SqFt
Active
Once-in-a-lifetime investment opportunity! This iconic 25 room boutique motel sits atop a private mountain with convenient access to I-26 and a transformative view of 18,000 acres of pristine public lands. The business and facility have been revitalized over the past 3 years and are undergoing a curated room-by-room and campus redesign. Guests enjoy nostalgic motel vibes with modern touches, convenient access, stunning Appalachian sunsets and sunrises, dog-friendly options, remote work capability, and world class outdoor recreation. Property/business offered for sale with FF&E/Brand IP/Goodwill. Operate as-is for a “working retirement” in the mountains, hold as an investment, or convert into a retreat or wedding venue. Excess acreage is a blank canvas for continued development, and the property is eligible for OZ Federal/State tax incentives. There are very few views like this on Planet Earth… how will you be its next steward? **NO Drivebys. DO NOT disturb guests or staff.**
Property Details | ||
|---|---|---|
| Price | $2,495,000 | |
| Bedrooms | 25 | |
| Full Baths | 25 | |
| Lot Size Area | 5.31 | |
| Lot Size Area Units | Acres | |
| Property Type | MultiFamily | |
| Sub type | Apartment | |
| MLS Sub type | Apartment | |
| Stories | 1 | |
| Exterior Features | Fire Pit, Sauna | |
| Year Built | 1971 | |
| View | Long Range, Mountain(s), Winter, Year Round | |
| Roof | Metal | |
| Heating | Ductless, Electric, Other - See Remarks | |
| Foundation | Slab | |
| Lot Description | Views, Other - See Remarks | |
| Laundry Features | Common Area | |
| Parking Description | Circular Driveway, Driveway, Parking Lot, Parking Space(s), Shared Driveway | |
| Parking Spaces | 34 | |
Geographic Data | ||
| Directions | From I-26, take Exit 59 for Saluda. Drive Northeast on Holbert Cove Road. Motel is the next driveway on the left past Green River Cove Road. | |
| County | Polk | |
| Latitude | 35.251669 | |
| Longitude | -82.32612 | |
Address Information | ||
| Address | 1793 Holbert Cove Road, Saluda, NC 28773 | |
| Postal Code | 28773 | |
| City | Saluda | |
| State | NC | |
| Country | United States | |
Listing Information | ||
| Listing Office | Keller Williams Professionals | |
| Listing Office Phone | 828-254-7253 | |
| Listing Agent | Chris Gragtmans | |
| Listing Agent Phone | 864-915-5780 | |
| Sub Agency Compensation Type | % | |
| Buyer Agency Compensation | 3 | |
| Attribution Contact | chris.gragtmans@kw.com | |
| Sub Agency Compensation | 0 | |
| Buyer Agency Compensation Type | % | |
| Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
| Special listing conditions | Subject to Lease | |
| Terms | Cash, Conventional, Owner Financing, Other - See Remarks | |
School Information | ||
| Elementary School | Unspecified | |
| Middle School | Unspecified | |
| High School | Unspecified | |
MLS Information | ||
| Days on market | 50 | |
| MLS Status | Active | |
| Listing Date | Jun 12, 2024 | |
| Listing Last Modified | Aug 1, 2024 | |
| Tax ID | P13-39 | |
| MLS # | CAR4150412 | |
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This information is believed to be accurate, but without any warranty.
