121 & 150 Johns Lane
About this property
Headline: Historic "Sarah Boone" Homestead & Investment Opportunity on Cove Creek - 3 Homes, 3+ Acres, No Restrictions! Step back in time and into an incredible investment opportunity with this unique 3+ acre compound featuring extensive Cove Creek frontage. Offering three distinct structures, income potential, and rich local history, this property is a rare find with heavy infrastructure improvements already completed. 1. The Historic Main House (Circa 1900): Reputed to be the former home of Sarah Boone (Daniel Boone's sister), this ~1,400 sq. ft. farmhouse (4 bed/2 bath) is a restoration dream. While it requires full renovation, the "heavy lifting" is done: a new metal roof, complete replumbing, and updated electrical are in place. The interior has been gutted and prepped, featuring a newly framed bathroom and opened-up floorplan, ready for your vision. 2. The Creek-Side Cottage: Sitting directly on the water, this 1 bed/1 bath cottage features a basement garage. It has been sheet-rocked, wired, and had the bathroom built out. It needs updates but offers unmatched tranquility right next to the rushing water. 3. The Income Generator: A ~1,000 sq. ft. mobile home (3 bed/1 bath) is currently generating $900/mo from excellent, reliable tenants (willing to stay or go with 30-day notice). Recently refreshed with a newer hot water heater, new flooring (LVP and carpet), fresh paint, new appliances, and a privacy fence. In addition the two RV's each bring in $400 per month. The Land & Infrastructure: Post-Helene recovery has resulted in massive improvements: a brand new bridge, extensive grading, a new driveway, and a creek bank reinforced with a gabion wall. The property includes 2 wells (new pumps), 2 septic tanks, and a natural spring. With NO RESTRICTIONS, the possibilities are endless. Debris and non-running vehicles will be removed prior to closing.
About this property
Headline: Historic "Sarah Boone" Homestead & Investment Opportunity on Cove Creek - 3 Homes, 3+ Acres, No Restrictions! Step back in time and into an incredible investment opportunity with this unique 3+ acre compound featuring extensive Cove Creek frontage. Offering three distinct structures, income potential, and rich local history, this property is a rare find with heavy infrastructure improvements already completed. 1. The Historic Main House (Circa 1900): Reputed to be the former home of Sarah Boone (Daniel Boone's sister), this ~1,400 sq. ft. farmhouse (4 bed/2 bath) is a restoration dream. While it requires full renovation, the "heavy lifting" is done: a new metal roof, complete replumbing, and updated electrical are in place. The interior has been gutted and prepped, featuring a newly framed bathroom and opened-up floorplan, ready for your vision. 2. The Creek-Side Cottage: Sitting directly on the water, this 1 bed/1 bath cottage features a basement garage. It has been sheet-rocked, wired, and had the bathroom built out. It needs updates but offers unmatched tranquility right next to the rushing water. 3. The Income Generator: A ~1,000 sq. ft. mobile home (3 bed/1 bath) is currently generating $900/mo from excellent, reliable tenants (willing to stay or go with 30-day notice). Recently refreshed with a newer hot water heater, new flooring (LVP and carpet), fresh paint, new appliances, and a privacy fence. In addition the two RV's each bring in $400 per month. The Land & Infrastructure: Post-Helene recovery has resulted in massive improvements: a brand new bridge, extensive grading, a new driveway, and a creek bank reinforced with a gabion wall. The property includes 2 wells (new pumps), 2 septic tanks, and a natural spring. With NO RESTRICTIONS, the possibilities are endless. Debris and non-running vehicles will be removed prior to closing.
Features and Additional Information
Bath
Presented By Coldwell Banker Summit
Area Information
7 Cove Creek | Watauga County | None
Schools in the Area
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Elementary SchoolMabel
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Middle School
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High SchoolWatauga
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Brokerage: Howard Hanna Allen Tate Real Estate Blowing Rock