29 Winterberry Drive, Cullowhee NC
- 1.1 ac
For Sale $695,000
Remarks:
Turnkey 8-unit multifamily property in Cullowhee, NC — located just minutes from WCU. 29 Winterberry offers a mix of units sizes with strong rental demand and professional management in place. Current gross rents exceed $6,300/month with upside to over $7,500/month at market. TTM operating expenses: ~$25K, yielding an NOI of ~$48K and a 6.9% cap rate at list. Private setting with ample parking on over an acre. Ideal for investors seeking cash flow in a stable, growing rental market. Upside in rents and value. Shown by appointment only — do not disturb tenants.
General Information:
| List Price: | $695,000 |
| Status: | For Sale |
| Type: | Eightplex |
| Parking: | Assigned |
| MLS Number: | CAR4275594 |
| Year Built: | 1971 |
| Sewer Type: | Septic Installed |
Assigned Schools:
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 07-18-2025 | Listed | $695,000 | N/A |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Cullowhee Valley School | 1 miles | KG-06 | 5 |
| Fairview Elementary | 6 miles | KG-06 | 6 |
| Jackson Co Sch of Alternatives | 7 miles | KG-06 | N/A |
| Scotts Creek Elementary | 8 miles | KG-06 | 3 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Properties For Sale Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 29 Winterberry Drive, Cullowhee NC | 0 mi | $695,000 | days | |
| 100 Grayling Drive, Cullowhee NC | 0.5 mi | $599,000 | days | |
| 156 Grayling Drive, Cullowhee NC | 0.5 mi | $1,125,000 | days | |
| 186 Grayling Drive, Cullowhee NC | 0.5 mi | $739,000 | days | |
| 36 Chimney Stone Way, Cullowhee NC | 0.5 mi | $965,400 | days | |
| 4 Grayling Drive, Cullowhee NC | 0.5 mi | $585,000 | days |
Sold Properties Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
Commute Distance & Time
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| H.O.A. / Maintenance |
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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28723
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Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Property Listing Information
A Courtesy Listing Provided By EXP Realty LLC
29 Winterberry Drive, Cullowhee NC is a ft2 on a 1.130 acres Appraisal lot. This is for $695,000. This has bedrooms, baths, and was built in 1971.
Based on information submitted to the MLS GRID as of 2025-07-18 11:30:54 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
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