354 Ivy Ridge Cir - Residential Income FOR SALE


Sylva, NC 28779
$975,000 USD
239-940-1000
354 Ivy Ridge Cir, Sylva, NC for Sale
$975,000 USD
Residential Income - FOR SALE
1/50
null | Request Cap Rate

354 Ivy Ridge Cir
Sylva, NC 28779


HIGHLIGHTS

  • Mountain Estate with Multiple Homes – Situated on 2+ acres in the desirable Ivy Ridge neighborhood
  • Spectacular Year-Round Sunset Views – Enjoy breathtaking mountain vistas from the expansive decks of all three homes
  • Proven Short-Term Rental Success – The guest house and farmhouse cabin rank in Airbnb’s top 1%, generating nearly $90K annually over the past 3 years
  • Turnkey Investment Opportunity – Fully furnished and equipped with supplies, an ATV, a social media presence, and a website
  • Expansion & Versatility – The 1/1 farmhouse cabin is permitted for a 2-bedroom expansion, and the main home can be converted into a rental
  • Recent Upgrades & Modern Amenities – Includes a new roof and HVAC on the main home, tankless water heaters, and a shared well

OVERVIEW

Nestled in the sought-after Ivy Ridge neighborhood, this stunning mountain estate offers two homes and a guest house on 2+ acres with breathtaking year-round sunset views. The well-maintained 3/2 wood-sided main home has been thoughtfully updated. A cozy guest house, renovated in 2017, and a modern 1/1 farmhouse cabin, built in 2019 with Hardie-board siding, provide excellent income potential—both ranking in Airbnb’s top 1% and averaging nearly $90K annually over three years. Turnkey ready with furnishings, supplies, an ATV, social media, and website. All homes feature decks for grilling, dining, and soaking in the amazing sunset views. Versatile options include converting the main home into a rental or keeping it as your residence while hosting family in separate dwellings. The 1/1 cabin is permitted for a 2BR expansion. Recent upgrades include a new roof & HVAC on the main home, newer tankless water heaters, and a shared well. A rare opportunity for a serene retreat with strong income potential!

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$381 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.19 AC

LAND SF

95,396 SF

ZONING

R

APN/PARCEL ID

7620-70-8549

ASK ABOUT THIS PROPERTY

Diane JonesGood Life Real EstateMore Info
239-940-1000

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Diane JonesGood Life Real EstateMore Info
239-940-1000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.