Burnsville · Burnsville, NC
137 Red Maple Lane
Burnsville, NC · 1,084 sqft
$1,100,000
- 6Beds
- 4Baths
- 1,084SqFt
- 1989Year
- 1Days on market
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 is an option with a strong offer! Enjoy authentic mountain living just minutes from the hub of Burnsville!
Property details
- Beds
- 6
- Baths
- 4
- SqFt
- 1,084
- Lot
- —
- Year built
- 1989
- Type
- Single Family
- Days on market
- 1
- Heating
- Forced Air
- Cooling
- Central Air
- Foundation
- Slab
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$8,095/ month
- Principal & interest
- $6,812
- Property tax (~1.05%)
- $962
- Homeowners insurance
- $320
- HOA dues
- —
Down payment
$55,000 down · $1,045,000 financed
Income to qualify (28% rule)
~$346,969 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.