Portfolio at Burnsville
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$1,100,000

Burnsville, NC 28714
Listed by Kristin Schoonover · Dash Carolina
Bedrooms
6
Bathrooms
4
Living area
3,144 sqft
Year built
1989

About this home

INVESTOR ALERT! Rare mountain income property and development opportunity on 10+ acres in Burnsville, just 45 minutes from Asheville. Situated in an Opportunity Zone, this versatile tract is the ultimate setup for a 1031 exchange, high-yield investment property, or affordable housing project. It is perfectly primed for a tiny home community, RV resort, or mobile home park. The heavy lifting is taken care of with ready-to-build, de-risked infrastructure already on-site. This includes an established internal road system, power ready at each site, and 8 inspected septic systems with risers installed. Water is accessible from a robust spring house system piped directly to the units, supported by two 1,500-gallon storage tanks. The property features 4 turnkey, modern income-producing units: a stacked duplex (not side-by-side) with an upper 2BR/1BA unit (1,153 sq ft) and a lower 2BR/1BA unit (1,084 sq ft), both fully renovated in 2025; a brand-new 1BR/1BA A-Frame (515 sq ft) with cathedral ceilings; and a brand-new 1BR/1BA luxury tiny home (392 sq ft). All units are completely unrented since construction/renovation, offering a pristine, zero-wear canvas to maximize market rates. Incredible expansion potential exists with the remaining infrastructure, which includes 3 additional 2BR septic systems, 2 additional 4BR septic systems, and 1 potential 2BR system. Scale up immediately with multiple tiny homes or larger multi-bedroom builds. Owner financing options may be available! Enjoy authentic mountain living just minutes from the hub of Burnsville!

Property details

MLS #
CAR4385545
Property type
Portfolio
Subdivision
None
Status
Active
Days on market
7
On market date
May 23, 2026
Stories
N/A
Total bathrooms
4
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Blue Ridge Elementary
1.73 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
338
Student:teacher ratio
16.1:1
District
Yancey County Schools
Middle
Cane River Middle
1.94 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
205
Student:teacher ratio
12.1:1
District
Yancey County Schools
High
Mountain Heritage High
0.79 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
635
Student:teacher ratio
13.2:1
District
Yancey County Schools

Walkability

Blended score for Burnsville's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

23
Car-dependent
out of 100
EPA National Walkability Index
7.5 / 20 -- Below average walkable
Google Places amenity density
0 / 100
Restaurants & cafes0
Grocery stores0
Parks0
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Burnsville, from live MLS data.

On the market 7 days -- 122 fewer days than Burnsville's current average of 129 days.
For reference, the median list price across 267 active listings in Burnsville right now is $389,999.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$6,774/mo
$220,000 down
$880,000 loan
Principal & interest$5,708
Property tax (est.)$917
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated May 30, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.