Tryon, NC 28782,85 Pinecrest LN
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Tryon, NC 28782,85 Pinecrest LN
Tryon, NC 28782,85 Pinecrest LN
Tryon, NC 28782,85 Pinecrest LN
Tryon, NC 28782,85 Pinecrest LN

$1,382,000

Est. payment /mo

$1,495,000

7.6%
Est.Price: ?

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85 Pinecrest LN Tryon, NC 28782

9.05 Acres Lot

SOLD DATE : 10/29/2024

Key Details

Sold Price $1,382,000

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 4170851

Sold Date 10/29/24

Year Built 1906

Lot Size 9.050 Acres

Acres 9.05

Property 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.

Location

State NC

County Polk

Building/Complex Name Pine Crest Inn

Zoning M

Interior

Heating Central, Electric, Other - See Remarks

Cooling Other - See Remarks

Exterior

Roof Type Composition

Building

Lot Description Cul-De-Sac

Foundation Crawl Space, Slab

New Construction false

Others

Senior Community false

Special Listing Condition None

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Listed by Chris Gragtmans • Keller Williams Professionals • chris.gragtmans@kw.com
Bought with Heidi Selbee • Tryon Horse & Home LLC

Victor Wallace

President | License ID: 41896

+1(704) 202-7508

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