85 pinecrest laneTryon, NC 28782

$1,495,000Price
0Acres
$1,495,000Price
0Acres

85 pinecrest laneTryon, NC 28782

Description

Iconic value-add property now available! The 1906 Pine Crest Inn has served as a cultural and social draw for the town of Tryon for decades, and welcomed guests to its 9+ acre campus, 60 seat restaurant, 36 guest accommodations, and conference / event center. The property and business closed in late 2023, is now lender-owned and available for a new steward’s vision and touches. The main Inn building serves as the functional hub of the property with inviting natural hardwood floors, a stone fireplace, lobby, dining area with commercial kitchen, and four guest accommodations. The 8 outlying cottages each feature their own unique private escapes with quaint kitchenettes, living areas, and porches with views of the grounds. Property is being sold as-is with all FF&E, and even includes EV chargers! Buyer might also consider subdivision / resale of individual units as a potential capital model. Full interior photos of main inn can be found in virtual tour below.

Property Details for 85 Pinecrest Lane

  • Property AttachedNo

LISTING UPDATED:

  • StatusClosed
  • MLS #CAR4170851
  • Days on Site10
  • MLS TypeCommercial Sale
  • Year Built1906
  • CountryPolk

Location

NCTryon2878285 Pinecrest Lane

Listing Courtesy of Keller Williams Professionals - Chris Gragtmans

LISTING UPDATED:

  • StatusClosed
  • MLS #CAR4170851
  • Days on Site10
  • MLS TypeCommercial Sale
  • Year Built1906
  • CountryPolk

Building Information for 85 Pinecrest Lane

Payment Calculator

$15,432 per month30 year fixed, 7.00% Interest
Principal and Interest$7,957.02
Property Taxes$7,475
HOA Dues$0

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Home Price

Down Payment

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Property Information for 85 Pinecrest Lane

Summary

Location and General Information

  • Directions: From Downtown Tryon: Turn east onto New Market Road and travel approximately 0.4mi. Turn north onto Pine Crest Lane, travel approx. 500ft and the property will be at the end of the road.
  • Coordinates: 35.209665,-82.234062

School Information

    Taxes and HOA Information

    • Parcel Number: T5-H28
    • Tax Legal Description: T5

    Virtual Tour

      Parking

      • Open Parking: No

      Interior and Exterior Features

      Interior Features

      • Cooling: Other - See Remarks
      • Heating: Central, Electric, Other - See Remarks
      • Foundation: Crawl Space, Slab

      Exterior Features

      • Pool Features: None
      • Road Surface Type: Paved
      • Roof Type: Composition
      • Pool Private: No
      • Road Frontage Type: City Street, Private Road, State Highway

      Property

      Utilities

        Property and Assessments

        • Home Warranty: No

        Green Features

          Lot Information

          • Lot Features: Cul-De-Sac

          Rental

          Rent Information

          • Land Lease: No

          Public Records for 85 Pinecrest Lane

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