ποΈ 10 best short term rental opportunities | October 9, 2023
NC, AZ, GA, CO, CA, CA, NY, MI, ME, TN

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Fresh NEW Look** Norris LAKEFRONT home. INCREDIBLE OPPORTUNITY TO PURCHASE this custom built 2.5 story home. Nestled on a gently sloping +/-0.527-acre Norris Lakefront lot. THIS HAS TO BE THE BEST LOT ON NORRIS LAKE- PARK LIKE SETTING, TVA land borders the left side facing front of home from street. . Mature trees line the gentle path to the Lake. Relax and Enjoy the Good Life right here. This home has MULTI USE potential, for a private luxury home or Event. Venue - OR vacation rentals. Perfect for a Multi-Generational Family Living situation. Room here for everyone. This unique home has tons of windows to enjoy the natural beauty that surrounds you in every room in every level. ESSENTIALLY 2 HOMES UNDER ONE ROOF. Foyer entry invites you to enter the main level Living or Upper level Living. Main level with full kitchen , dining space , family room w/fireplace, sunroom , and 3 bedrooms 3 ensuite baths and 1/2 bath , & laundry room. Upper level - Nice kitchen , laundry room, Dining room, Library den, Great room with double side fireplace and walls of windows. Primary suite with fireplace , large ensuite bath . 3rd level features, 2 more bedrooms and ensuite baths. AND THATS NOT ALL....PARTY /EVENT PAVILLION COMPLETED- Room here for family gatherings or social events. Complete with underneath storage. Your own private boat launch right in the backyard and a Composite Floating Boat slip /dock included. THIS PROPERTY IS LOCATED IN A NO WAKE ZONE ACROSS FROM CEDAR GROVE MARINA SO SWIMMING, FISHING, &FAMILY FUN IS IDEAL. MINUTES TO BUBBA BREWS AND CEDAR GROVE MARINAAll information herein deemed reliable but subject to Buyer verification.
$1,250,000
6 Bedrooms, 8 Bathrooms
Average Daily Rate: $561
Expected occupancy rate: 64%
Monthly expected income: $10,921
Monthly expected expenses: $8,477
Monthly expected cash flow: $2,444
Expected cash on cash return: 9.0%

MOUNTAIN GET-A-WAY WITHIN 1/4 MILE OF THE BLUE RIDGE PARKWAY. Tall wood ceilings & gorgeous hardwood floors add warm colors & textures to the cool, soaring rock fireplace with gas logs, surrounded by a wall of windows, as a mountain home should have, to take in the beauty of the great outdoors from this great room that opens to dining area & the kitchen, so the cook too shall have an excellent view! A deck with equally high ceiling & lighting expands your living area even more. The floor plan you want, 2 Master suites on the Main floor with doors to the deck, all 4 spacious bedrooms have tall ceilings & windows allowing in the beauty of the outdoors and plentiful natural light. Meticulously cared for with all of the features you love, solid wood doors, all 4 bedrooms have cozy window seats to enjoy this serene setting, plenty of storage, a built-in bar, book cases, an attached garage & since 2020: new appliances, gas logs, garage door, gutters, painting, & much more, ask to see the list of improvements. The acreage is a mix of wild flowers & trails, rhododendron & hardwoods. As an escape, a retreat, the location is unbeatable, peaceful, comfortable, private, beautiful, come to unplug. To best experience the mountains, bring your bikes, running shoes, hiking boots to enjoy the trails & the Parkway, bring your kayaks & fishing poles to fish & float the New River that runs through Alleghany County & store it all in the attached garage. Excellent for entertaining, even better for full time living with fiber optic internet offering unbelievable speeds, #WFH. A secluded mountain escape, just 10 minutes to the town of Sparta, the Heart of the Blue Ridge Parkway with plenty of dining & live music, an easy Friday night drive from the cities. If you're ready to start living the mountain life. Call for an appointment Today & lets make this your mountain get-a-way so you can enjoy Fall in the Blue Ridge Mountains this year!
$399,900
4 Bedrooms, 3 Bathrooms
Average Daily Rate: $306
Expected occupancy rate: 62%
Monthly expected income: $5,771
Monthly expected expenses: $3,678
Monthly expected cash flow: $2,093
Expected cash on cash return: 22.2%
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