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John KurtzCharlotte · NC

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Sylva · Sylva, NC

522 N River Road

Sylva, NC · 1,008 sqft

$879,000

Reduced from $895,000

  • 2Beds
  • 2Baths
  • 1,008SqFt
  • 2024Year
  • 67Days on market

About this home

IMPROVED PRICE! Dreaming of a mountain cabin on the water with plenty of room for a garden and room for a few rental units for extra money? Want convenience to shopping, restaurants, schools and paved road access? How about all of that and water, sewer, state maintained roads? This is your opportunity!

Exceptional river frontage property offering in the mountains of western North Carolina! This level 1.67 acre parcel with a cabin overlooking the river features 400 feet of frontage on the beautiful Tuckaseegee River, popularly referred to as "The Tuck". Featured as a primary river for rainbow trout dry fly fishing, the Tuck is a year round outdoor recreation destination.

Ideally positioned in Dillsboro area on North River Road (NCSR 1359) and just off US23/441, the primary north/south roading leading from Atlanta to Cherokee, the Great Smoky Mountains National Park and the Asheville area. Dillsboro is the intersection of 23/441 and US 74, the Great Smoky Mountains Expressway. The property's location combines easy accessibility with privacy in a scenic setting along the river but features water and sewer served by the Tuckaseigee Water and Sewer with four (4) taps in place.

The parcel's flat topography, expansive river frontage and generous road frontage creates a compelling canvas for a boutique lodge, riverfront nursery, curated short-term rental concept or private estate. The choices are unlimited. While the property adjoins both of the towns of Dillsboro and Sylva, there is no zoning, allowing a broad range of residential options and affordability with no municipal taxes!

Present uses of the property include a park model rental which has produced a substantial income in a modified short term rental (3 months and longer). The owners have a two bedroom, two bath cabin overlooking the river and features a covered porch with hot tub overlooking the river. The river frontage area has been terraced down to the river and is included in the flood plain but the great majority of the property is high enough not to be in the food plain. Hurricane Helene's heavy rains brought the water level up and into the terraced areas but did not encroach onto the level parts of the parcel!

Opportunies offering this combination of infrastructure, road and river frontage, location and flexibility along the Tuckaseegee River are rare and this presents both a lifestyle asset and a compelling long-term investment.

Property details

Beds
2
Baths
2
SqFt
1,008
Lot
Year built
2024
Type
Single Family
Days on market
67
Style
Cabin
Heating
Ductless
Cooling
Ductless
Foundation
Crawl Space
Flooring
Laminate
View
Mountain(s), Water, Year Round

Features

  • Cable Prewire
  • Hot Tub
  • Open Floorplan
  • Pantry
  • Fire Pit
  • Hot Tub

Payment estimate

Estimated monthly payment

Includes P&I, tax, insurance

$6,469/ month

Principal & interest
$5,443
Property tax (~1.05%)
$769
Homeowners insurance
$256
HOA dues

Down payment

$43,950 down · $835,050 financed

Income to qualify (28% rule)

~$277,260 / 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.

Location

Begin the conversation

When you're
ready, so am I.

Whether you're quietly considering a move or simply curious about what your home might bring today, I welcome the conversation. Every relationship begins with a coffee.