Property Overview

Address: 26 Cold Spring Rd, Burnsville, NC 28714
Price: $80,000
Bedrooms: 4
Bathrooms: 6
Living Space: 3,306 sq ft
Lot Size: 2 acres
Year Built: 1954
Property Type: Single Family Residence
Price per Sq Ft: $27
HOA: Not listed
Zestimate®: Not listed

Listed By

Property Owner (For Sale By Owner)

Property Listing

View Listing on Zillow

https://www.zillow.com/homedetails/26-Cold-Spring-Rd-Burnsville-NC-28714/233147882_zpid/

Photo Credit

Listing photos provided by the property owner via Zillow.

Mountain Creek Property with Exceptional Restoration and Investment Potential

Nestled on two scenic acres in Burnsville, North Carolina, this unique mountainside property offers an exciting opportunity for investors, contractors, and buyers with a vision for restoration. Built in 1954, the existing residence spans approximately 3,306 square feet and is being offered below land value, creating outstanding potential to transform it into a remarkable mountain retreat in a peaceful creekside setting.

Historic Interior Features and Original Character

Built in 1954
Four bedrooms
Six bathrooms
Approximately 3,306 square feet of living space
Spacious multi-level home ready for renovation
Flexible floor plan with excellent redevelopment potential
Opportunity to restore and customize the existing residence
Ideal foundation for a distinctive mountain home

Kitchen and Living Spaces

Existing interior ready for complete renovation
Spacious layout with multiple living areas
Flexible design possibilities
Excellent opportunity to create modern living spaces
Potential for a customized kitchen and entertaining areas
Blank canvas for a personalized restoration project

Exterior Features and Property Highlights

Two-acre property
Scenic creekside setting
Peaceful mountain surroundings
Beautiful natural landscape
Excellent privacy
Opportunity to create a unique mountain retreat
Property is not located within a flood plain
No reported damage from Hurricane Helene

Additional Property Highlights

Offered below land value
Excellent opportunity for investors and contractors
Estimated renovation and bridge construction costs of approximately $150,000–$200,000
Estimated after-repair value (ARV) of approximately $550,000
Bridge construction is required to provide access across the creek
Significant upside potential after renovation
Rare opportunity to create a one-of-a-kind mountain residence
Outstanding value at approximately $27 per square foot

An Exceptional Opportunity to Build Your Dream Mountain Retreat

With its beautiful creekside location, peaceful mountain surroundings, and tremendous redevelopment potential, this Burnsville property is an exciting opportunity for buyers ready to take on a restoration project. Offering two acres of land, a spacious existing home, and a projected after-repair value well above the purchase price, the property provides the foundation for an extraordinary custom residence or investment. For the right buyer, this unique mountain setting offers the chance to create something truly special in the heart of western North Carolina.