For Sale $164,900
Great investment opportunity located 1 mile of the Blue Ridge Parkway. This one is a hidden gem and has recently been deeded with the neighboring lot making the total a half acre. Both properties are currently on Airbnb and brought in a combined gross income of $21,000. Rent them both when not in use or use this quaint private cabin for your mountain escape and rent the property next door to earn additional income. Loads of potential and nice private lot. Walk to waterfall trail just down the road. Sold fully furnished and ready to go. Currently set up like a hotel room for rental purposes. There is a camper on the lot which was been closed off and is no longer in use but could be removed or restored. There is opportunity to remove the camper for additional square footage. The adjoining property is a campsite with toilet and outdoor soaking tub. Must see to appreciate. Very unique opportunity. Don't miss this one. Listing broker has interest in the property.
| List Price: | $164,900 |
| Status: | For Sale |
| Bedrooms: | 1 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 583 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4291807 |
| Subdivision: | Bear Den Acres |
| Bathrooms: | 1 |
| Year Built: | 2002 |
| Sewer Type: | Septic Installed |
| Elementary: | Marion |
| Middle: | McDowell |
| High: | McDowell |
| Date | Event | Price | $/SQFT |
| 10-25-2025 | Listed | $164,900 | $283 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| No schools found | |||
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.
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 |
| 292 Bear Cub Drive, Spruce Pine NC | 0 mi | $164,900 | days | |
| 71 Creekside Loop, Spruce Pine NC | 0.1 mi | $259,000 | days | |
| 84 Bear Wallow Drive, Spruce Pine NC | 0.1 mi | $199,530 | days | |
| 128 Overlook Drive, Spruce Pine NC | 0.2 mi | $190,000 | days | |
| 151 Wipprecht Drive, Spruce Pine NC | 0.8 mi | $335,000 | days |
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 |
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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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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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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.
A Courtesy Listing Provided By Mountain Run Properties
292 Bear Cub Drive, Spruce Pine NC is a 583 ft2 on a 0.300 acres Appraisal lot. This is for $164,900. This has 1 bedrooms, 1 baths, and was built in 2002.
Based on information submitted to the MLS GRID as of 2025-10-25 09:11:43 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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