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Will Sheppard

willsheppardrealty@gmail.com +1(704) 780-0078

$1,650,000

Est. payment - /mo

68.25 Acres Lot

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Key Details

Property Type Commercial

Sub Type Building/Land/Business

Listing Status Active

Purchase Type For Sale

MLS Listing ID 260230

HOA Y/N No

Year Built 1920

Annual Tax Amount $3,472

Lot Size 68.246 Acres

Acres 68.246

Property Sub-Type Building/Land/Business

Property Description

Shatley Springs Estate: 68 Pristine Acres, Iconic Multi-Border Name & Famous Artisan Well For over a century, Shatley Springs has been a household name, deeply recognized from the Eastern United States all the way into Canada. Established in 1920, this legendary property is still standing strong, radiating the charm and personality that has captivated millions of visitors for generations. Now, this iconic 68-acre estate is being offered not merely as a restaurant business, but as a pristine, blank-canvas investment opportunity that will make developers and commercial investors completely rewrite their playbooks. Boasting a spectacular, park-like pasture setting with exceptionally rare, gentle topography, the land lays beautifully and is incredibly easy to develop. It features massive, high-visibility road frontage, including an impressive 2,950 feet on US Hwy 16 N, 2,700 feet on Shatley Springs Rd, and over 850 feet on Shelter Baptist Church Rd.The crown jewel of this acquisition is the unparalleled brand equity. The sale includes the famous "Shatley Springs" name, the existing website, and a massive, built-in social media footprint of over 40,000 highly active Facebook followers for instant marketing leverage. You also gain full ownership of the legendary, mineral-rich artisan well. Nestled behind the restaurant, a serene lake and tranquil pond create a picturesque waterfront anchor for any future project.The estate is fully equipped with valuable, revenue-generating structures including the historic restaurant building (featuring extensive updates made in 2022 and 2023), seven cozy rental cabins, five additional quaint cabins perfect for conversion into boutique gift shops or ice cream parlors, and two well-appointed one-bedroom homes ready for immediate rental income.The development potential here is staggering, limited only by your imagination:Luxury Class A3 Motorcoach Resort: Transform the rolling pastures into a premier, high-end RV and motorcoach destination, converting the historic restaurant structure into an exclusive, rustic clubhouse and utilizing the lakefront cabins as luxury guest amenities.High-Density Housing & Mountain Estates: Utilize the exceptional multi-road access, gentle slopes, and existing housing assets to build a highly sought-after residential community in a booming mountain market.Adventure Campground & Ecoculture Destination: Keep the beloved restaurant as a built-in regional anchor while expanding the pristine 68 acres into a luxury glamping resort, complete with hiking trails utilizing the famous artisan spring as a central feature. Premier Destination Wedding Venue or Winery: Use the stunning lake backdrop, historic charm, existing cabins for guest lodging, and the massive 40,000+ digital following to launch an instant, fully booked event destination. Opportunities to acquire 68 acres of gentle, road-front mountain land are rare. Acquiring one with an established cross-border brand, a turnkey digital audience, a private lake, and an iconic artisan well is a once-in-a-lifetime investment. Secure this legendary legacy today!

Location

State NC

County Ashe

Community Long Term Rental Allowed, Short Term Rental Allowed

Area 18-Chestnut Hill, Grassy Creek, Walnut Hill

Interior

Heating Baseboard, Electric

Cooling Ductless, Wall/Window Unit(s)

Fireplace No

Exterior

Exterior Feature Out Building(s)

Parking Features Gravel, Parking Space(s)

Community Features Long Term Rental Allowed, Short Term Rental Allowed

Utilities Available High Speed Internet Available, Septic Available

Water Access Desc Private,Spring,Well

Roof Type Metal

Building

Sewer Private Sewer, Septic Tank

Water Private, Spring, Well

Additional Building Gazebo, Living Quarters, Outbuilding

Schools

Elementary Schools Mountain View

High Schools Ashe County

Others

Tax ID 182090309408

Security Features Security System

Acceptable Financing Cash, New Loan

Listing Terms Cash, New Loan

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Listed by Ashe County Realty

Nearby School & Business

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Will Sheppard

+1(704) 780-0078

Realtor®/Broker License ID: 312498

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436 Shatley Springs RD Crumpler, NC 28617

Will Sheppard

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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