Discover privacy, space, and comfort in this beautiful home on over
8 beautiful acres in the Lake Adger community offering main-level
living, generous flex space, and exceptional indoor-outdoor appeal.
A flagstone-covered front porch creates a warm and welcoming first
impression and inside, the impressive great room features soaring
vaulted ceilings, a wood-burning fireplace, and a wall of windows
overlooking the adjoining screened porch. The open layout flows
seamlessly into the kitchen and formal dining room, making it ideal
for everyday living and entertaining. The spacious kitchen is well
appointed with granite countertops and backsplash, maple cabinetry,
a center island, stainless steel appliances, a breakfast area, and
an oversized walk-in pantry for exceptional storage. A large,
screened porch provides the perfect place to relax while enjoying
views of the private backyard. The main-level primary suite offers
a spacious bath and walk-in closet. Two additional main-level
bedrooms share a thoughtfully designed Jack-and-Jill bath with
separate private vanity areas. The lower level expands the home's
versatility with a generous family and recreation room featuring a
pool table, a bonus or hobby room, office space, a full bath, and
an expansive finished workshop. A side driveway leads directly to
double workshop doors for convenient access, while a lower-level
patio adds even more outdoor living space. Additional features
include abundant parking, including an area previously used for an
RV, large two car garage with walk-up stairs to an unfinished room
above the garage , and a separate storage building with a lean-to
addition. This property is located within the Lake Adger private
community offering lake access for boating, kayaking, fishing and
swimming and over 13 miles of private equestrian and hiking trails.
Come see this property today and experience one of Western North
Carolina's best-kept secrets!
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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