490 Cranberry Street, Newland, NC 28657

$499,000
4
BD
2
BA
2,130
SqFt

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List Price
$499,000
Days on Market
67
Status
ACTIVE
Type
Single Family Residential
MLS#
262145
County
Avery
City
Newland
Bedrooms
4
Bathrooms
2
Total Living Area
2,130
Acres
0.42
Year Built
1928

Property Description

Options!!! STR, ADU, recently renovated classic Craftsman house, aka Cranberry Cottage. The house underwent extensive renovations in 2023 which included metal roof, Hybrid HVAC, all new kitchen, bathrooms, finishing of the front enclosed porch and more. The flat yard is completely fenced for Dogs and Kids. *** The parking and entrance are around the corner off Sam Ray St.***. Walk to the courthouse square via Park Street. The location on Cranberry St means you wont' need to worry about getting snowed in because the road is state maintained and always well cleared. Most town services, ie EMS, Fire, are just across the street. Cannon hospital less than 15 minutes away. PLUS buyer has the option of including a fully furnished one bedroom cottage, STR or ADU for $75,000 that currently rents as a 1 bedroom, one bath for $14,400 annually for a 19% capitalization rate, or 1/3 of your mortgage payment. But it could be office or other commercial use. There are no use restrictions. Broker interest.

Additional Information

Exterior Amenities
Gravel Driveway
Interior Amenities
Pull Down Attic Stairs
Appliances
Dishwasher, Electric Cooktop, Electric Water Heater, Disposal
Basement
Crawl Space, Exterior Entry
Fireplace
Wood Burning
Garage
Asphalt, Driveway, Gravel, No Garage, Private
Heating
Baseboard, Electric, Forced Air, Fireplace(s), Gas, Heat Pump
Road
Paved
Roof
Metal
Elementary School
Newland
Middle School
Avery
High School
Avery County
Sewer
Public Sewer
Style
Craftsman
Windows
Double Hung, Vinyl
Water Source
Public
Zoning
Central Business

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Calculator source: Real Geeks

This Listing is courtesy of Thomas Golder with Claybank Investors. (704) 341-1556

The information from this search is provided by the High 'Country Multiple Listing Service. Please be aware that not all listings produced from this search will be of this real estate company. All information is deemed reliable, but not guaranteed. Please verify all property information before entering into a purchase.”