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 19
MLS Status Active
Listing Date Jun 12, 2024
Listing Last Modified Jul 1, 2024
Tax ID P13-39
MLS # CAR4150412

Map View


This information is believed to be accurate, but without any warranty.