$800,000

About this home

Investor Opportunity in Maggie Valley, NC! Unlock the potential of this unique investment property located in the heart of beautiful Maggie Valley. Formerly operated as a motel, this property features 11 units plus a spacious 2,259 sq ft owner’s quarters offering 3 bedrooms and 3 full baths—perfect for on-site management or additional rental income. The motel portion encompasses approximately 3,882 sq ft and is ready for a full renovation, making it an ideal project for investors looking to add value. Additional structures include a 630 sq ft detached garage/workshop and a 364 sq ft storage building, providing ample space for operations, storage, or future improvements. With city water and sewer already in place, the groundwork is set to bring your vision to life. Restore it as a boutique motel, convert to multi-family rentals, or explore other income-producing possibilities. Conveniently located near local restaurants, attractions, and just a short drive to Cherokee, NC and the Great Smoky Mountains National Park, this property offers strong appeal for both short-term and long-term rental strategies. Property is being sold as-is, where-is; Extensive renovations required; Court-ordered sale – all offers subject to court approval and upset bid period; No financials available. Do not disturb tenants. Don’t miss this chance to transform a well-located property into a profitable venture in one of Western North Carolina’s most visited destinations!

Property details

MLS #

CAR4361863

Property type

Hotel/Motel

Subdivision

N/A

Status

Active

Days on market

48

On market date

N/A

Stories

1

Garage spaces

N/A

Lot size

N/A

Nearby schools

Within 10 miles · public school directory data (NCES)