252 Spencer ST, Ellenboro, NC 28040
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252 Spencer ST, Ellenboro, NC 28040
252 Spencer ST, Ellenboro, NC 28040
252 Spencer ST, Ellenboro, NC 28040
252 Spencer ST, Ellenboro, NC 28040
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$ 950,000
Est. payment /mo
New

252 Spencer ST Ellenboro, NC 28040

6 Baths

15.95 Acres Lot


UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4427873

Construction Status Completed

Year Built 1900

Lot Size 15.950 Acres

Acres 15.95

Property Description

RARE RETREAT & HOSPITALITY OPPORTUNITY | 16 ACRES | SIX CABINS | SECOND BROAD RIVER | WATERFALL VIEWS

An exceptional Western North Carolina retreat and recreational property where historic character, water features, accommodations and gathering spaces come together. Situated on approximately 16 acres along the Second Broad River, this distinctive property includes an approximately 4,200-SF main residence, six insulated sleeper cabins, approximately 800-SF bathhouse, 20' x 40' heated saltwater pool, waterfall views and extensive outdoor recreational areas.

The property provides an extraordinary environment for fishing, kayaking, swimming, hiking, exploring trails, enjoying the river and gathering with family, friends or groups. The combination of Second Broad River frontage, waterfall views, trails, pool, cabins and gathering areas creates a unique recreational setting with numerous possibilities for an experienced owner/operator.

Approximately $500,000 in improvements have been made since 2025, including six cabins, bathhouse, electrical, plumbing, HVAC, foundation, septic, landscaping, fencing, security gate and pool improvements. Seller reports permits and inspections associated with numerous improvements.

The property currently has an established retreat operation, with approximately 15 beds/10 rooms, six cabins and infrastructure designed to accommodate guests and gatherings. An established business entity and related operation may be available for transfer, subject to mutually acceptable terms.

With its historic residence, Second Broad River setting, waterfall views, recreational amenities, extensive improvements and proximity to Forest City and regional Western North Carolina markets, this is a highly unusual opportunity for an experienced investor or operator.

SEE AGENT REMARKS REGARDING THE RECORDED DEED RESTRICTION, INTENDED USE, TITLE, FINANCING AND BUYER DUE DILIGENCE.

Location

State NC

County Rutherford

Zoning None

Body of Water Second Broad River

Interior

Heating Central, Natural Gas

Cooling Central Air

Flooring Tile, Wood

Inclusions Building, Business, Equipment, Fixtures, Inventory, Land, Other

Appliance Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator

Exterior

Utilities Available Natural Gas

Waterfront Description Other - See Remarks

View Water

Roof Type Architectural Shingle

Street Surface Paved

Porch Covered, Deck, Enclosed, Front Porch

Building

Lot Description Cleared, Green Area, Level, Open Lot, Private, Waterfront, Wooded

Dwelling Type Site Built

Foundation Crawl Space

Sewer Septic Installed

Water City

Structure Type Wood

New Construction false

Construction Status Completed

Others

Senior Community false

Restrictions Deed

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Undisclosed

Virtual Tour https://listings.purehavenphotography.com/sites/252-spencer-st-ellenboro-nc-28040-29186017/branded


Listed by Dee Gambrell • BluAxis Realty • [email protected]
Bekah Emmons

Bekah Emmons

REALTOR® License ID: 305121

+1(803) 412-6125

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252 Spencer ST