$650,000
0.81± Acres
Under Contract
Haywood County, North Carolina

Gorgeous Victorian Home B&B in Waynesville, NC!

ID: 51847
External ID/MLS: --/4109373
Status: Under Contract
Price: $650,000
Acres: 0.81
Type: Residential Property, Commercial, Single Family, Business Opportunity
Address: 224 Love Lane
City, State: Waynesville, North Carolina
County: Haywood
Zip Code: 28786

Description

BACK ON THE MARKET BY NO FAULT OF SELLER! INCREDIBLE HOME/B&B IN WAYNESVILLE, NC! Buyer unable to obtain financing. Do you believe in 2nd chances? Well this is yours!

If you have ever dreamt of owning a beautiful, architectural icon that's listed on the National Historic Registry? Don't miss this breathtakingly grand mansion. Built in 1898 with the finest local virgin hardwood, this home has over 5,500 SF & sits high atop a hill looking onto Downtown Waynesville. This luxurious property resides on a quiet street surrounded by residential properties but is currently zoned commercial as it has been a successful Bed & Breakfast since 1979. This B&B has performed at an occupancy rate well above the national average & is currently listed BELOW tax value & recent appraisal. This home has 7+/- Bedrooms, 7.5 Bathrooms, a massive wrap-around porch, gazebo and red brick storage building. All with long-range mountain views and walking distance to downtown with its many shops, restaurants, breweries and nightlife. The interior of the home features 8 Fireplaces, 10' ceilings, original hardwood floors, transom windows, a large kitchen, dedicated home office & so much more. Sitting on .8+/- ac this exquisite home also features a gas fire pit, waterfall & ample parking for guests. A new roof was installed in 2023 and is still under warranty which will transfer to the new owners.

Just minutes from Asheville, Cherokee & the Blue Ridge Pkwyarkway, this is the opportunity of a lifetime. Whether you desire to make this grandiose old house your single family dream home, continue to operate it as a Bed & Breakfast or short term rental property or simply wish to add a profitable commercial property to your investment portfolio, don't pass this one up. It's incredible and a steal for the right buyer. As the case with most historic homes, this house requires a little TLC and the current listing price reflects that. While no notable structural defects are apparent, buyers are of course encouraged to conduct their own home inspection(s) as part of their due diligence.

Call Tom Peacock at 813.476.3613 with any questions or to schedule a private showing.

Additional Details

Home Details

Sq Ft: 5215.00
Beds: 7
Full Baths: 7
Half Baths: 1

Financial

Taxes (annually): $2,998

Maps

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