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$1,790,000

Turn-Key 8-Unit Investment Opportunity on 15.57 Acres with Expansion Potential. Positioned within a quiet, well-maintained gated mountain community, this 15.57-acre property presents a unique opportunity to acquire an established 8-unit residential investment with additional value-add and development potential. The property consists of two separate four-unit condominium buildings, providing a total of eight spacious 2-bedroom, 2-bath units. Each residence features high ceilings, generous living spaces, a private deck, and beautiful short- and long-range mountain views. Upper-level residences are enhanced by dramatic cathedral ceilings, while the lower condominium building features private garage space designated for each residence. The property is turn-key and positioned for immediate operation, offering flexibility for short-term vacation rentals, long-term rentals, or a combination of rental strategies, subject to applicable restrictions and regulations. Its gated setting, peaceful atmosphere, mountain views, and private outdoor spaces create an attractive environment for both vacation and residential tenants. Beyond the existing eight units, the property offers additional upside. An existing building is already in place with the potential to be converted into an additional condominium or rental unit, creating an immediate value-add opportunity. With 15.57 acres in total and substantial acreage separating the existing improvements, there may also be potential for additional residential development and construction of future units, subject to zoning, infrastructure, permitting, community restrictions, and buyer due diligence. For an investor seeking a property that combines existing income-producing improvements, turn-key rental potential, multiple buildings, significant acreage, and a potential path for future expansion, this offering provides a compelling opportunity to acquire a scalable mountain rental asset in a private gated setting. Link to Youtube video: https://youtu.be/8iGzBXznAHw

16 Beds ⋅ 9 Baths ⋅ 26048541 MLS

534 Preservation Trl, Sylva

$899,000

Turn-Key 4-Unit Mountain Property on 14.15 Acres with Development Potential. A rare opportunity to acquire an established four-unit residential property paired with substantial acreage for future growth. Situated on approximately 14.15 acres, this offering combines four fully furnished, turn-key condominiums with additional raw land offering potential for further development. Each condominium features 2 bedrooms and 2 baths, tall ceilings, mountain views, private outdoor space, and a designated garage space. The residences are being sold completely furnished, allowing a new owner to transition directly into rental operations, personal use, or a combination of both. What sets this offering apart is the land. Beyond the existing residences, the property includes significant undeveloped acreage, creating an opportunity to explore additional residential units or other development possibilities. The combination of existing improvements and raw land gives an investor the ability to generate value from the current property while considering a longer-term expansion strategy, subject to applicable zoning, permitting, infrastructure, community restrictions, and buyer due diligence. Whether acquired as a furnished mountain rental investment, multi-unit residential property, or the foundation for a larger development plan, this offering provides a unique combination of immediate usability, existing rental potential, and room to grow.

8 Beds ⋅ 8 Baths ⋅ 26048542 MLS

376 Preservation Trl, Sylva

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