680 Bear Paw Road, Elk Park, NC 28622 (MLS # 246502)

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PRICE $10,885,000 BEDS 5 BATHS 5 HOME SIZE 6,718 sqft LOT SIZE 391.00 ac Request More Info

Introducing Cranberry Creek, a completed development purchase opportunity just outside Banner Elk, NC. The offering includes a showcase primary home, spacious guest home and 300 acres of pristine land. There are also five recorded ready-to-build homesites, 19 additional homesites with infrastructure completed to them, 6.58 acres of commercial property and an additional creekside guest home. Originally conceived as a planned community of less than 100 estate-sized homesites, Cranberry Creek offers a picturesque landscape topping out at over 4,000 feet of elevation to live in. With the highest quality infrastructure completed throughout, including gated entry, underground power and high-speed fiber optic, and miles of paved roads climbing to the ridgetop, all the heavy lifting has been done for you. Protective community covenants and an operating HOA are in place, with full Declarant Rights to the community passing to the new owner upon purchase as well as land plan for full development potential. Enjoy the property as it exists now or develop to your vision. There are also trails for hiking and a pavilion for gatherings. The six-bedroom five-bath primary home also offers 1,230 feet of living space above the over-sized garage. Rugged timbers, locally harvested stone and Siberian white oak flooring blend seamlessly with upgraded appliances and the best in modern technology, including home theater. Take in stunning long-range western views and picturesque sunsets from the sweeping deck with covered dining and massive stone fireplace. The guest home offers three bedrooms, four baths with primary suite on level entry and two guest bedrooms in the walk-out basement. The 6.58 acres of highly valuable creekside commercial property on Highway 194 is your chance to create the area's newest mixed-use development, a long-term lease investment property or a sales center. Call today for information and to schedule a personal tour of this phenomenal offering at Cranberry Creek.