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For Sale

99999 Bear Lake Road, Tuckasegee, NC for sale

99999 Bear Lake Road,
Tuckasegee, NC 28783

Asset Snapshot

2.35 Acres
Land Area

Offering Summary

Investment Overview

Discover a unique opportunity to create a destination-oriented, boutique lodging or recreational concept on a 2.35-acre lot directly adjacent a public boat ramp in an extraordinary mountain-lake setting! Bear Lake is a pristine 476-acre mountain reservoir on the Tuckasegee River with depths reaching 190 feet at roughly 2,600’ elevation! The Lake combines the natural beauty of Blue Ridge Mountain peaks, forested slopes and cascading waterfalls with a broad range of outdoor recreation including motorboating, pontooning, kayaking, paddleboarding, swimming, water skiing and fishing. Notably distinctive is Sols Creek Falls, where boaters can navigate to the base of the dramatic 120’ waterfall and, for the fishing enthusiast, the Lake supports populations of bass, trout, sunfish and a southernmost U.S. location where walleye fishing is available. Immediately across the boat landing along the lake's southern shoreline is Bear Lake Reserve, a privately owned 2,100-acre gated, master-planned luxury residential golfing and vacation-rental community creating a substantial surrounding residential and vacation environment. This property provides the perfect opportunity to complement that market with a small-scale destination serving lake residents, vacation guests, outdoor enthusiasts and visitors exploring the Cashiers–Sylva–WNC mountain corridor. Opportunities to acquire development land in such an extraordinary mountain-lake setting are exceptionally rare! Add the surrounding luxury and vacation-rental market, outdoor recreation, dramatic scenery and proximity to Cashiers, Sylva and WCU campus and this 2.35-acre property presents an intriguing platform for a distinctive destination concept under a development philosophy not intended to maximize the amount of construction but rather, to maximize the experience!


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Listing Syndicated From

Buildout
Accepting Offers
$469,000
Asking Price

Investment Sales Broker

Mark Morris, CCIM
NAI Beverly-Hanks

Market Insights