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Mountain Hospitality Estate with Cabins
For Sale
$935,000
Pending

45 Watagnee Trail, Horse Shoe, NC 28742

Recreational estate with multiple cabins, barns, and three parcels totaling 35+/- acres, accessed via a recorded easement road.

Property SizeContact for details
Lot Size35.00 Acres
Days on Market82

Property Features for 45 Watagnee Trail

General Information

Standard status Pending
Lot size 35.00 Acres
Property subtype Land

Additional Details

Road Access Yes
Listing Agency: Town and Mountain Realty (andy@townandmountain.com)
Listed By: Andy Ball · License #279768
Source: Townandmountain
Added: Jun 28 Changed: Sep 15 Last Checked: Sep 16 at 8:45PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Town and Mountain Realty (andy@townandmountain.com)

Investment Insights

Based on property information with market context.

This generational mountain estate totals 35+/- recreational acres and is offered as a multi-parcel property with flexibility for multiple uses. Three parcels make up the acreage offering, with the southwest corner joining the Pisgah National Forest boundary. Access is provided by a recorded easement road from the end of pavement on Watagnee Trail, and fresh gravel was placed in May 2026.

The property is currently improved with an original 800-square-foot brick cabin near the entry atop a three-acre open field. The cabin includes open quad bunks, a full bathroom, full kitchen, a functional wood-burning fireplace, and all-electric power service, along with well and septic. It has been winterized annually during colder months while previously operating as the historic Lion Tamer Hunting Lodge of Mills River.

Opposite the main cabin, an expansive open-air barn provides weather-safe storage for equipment and includes a kitchenette room and an enclosed storage room. Additional outbuildings include smaller wood and tractor barns along the upper road, plus a 256-square-foot tiny home built in 2024 with a full bathroom and raised sleeping loft. The upper field contains 3 cleared acres of gentle hillside, with headwater streams daylighting at least three locations on the property. Showings are by appointment only, and the property is not visible from the road, with no drive-by access.

Key Highlights

  • 35 +/- recreational acres across three parcels, with the southwest corner adjoining Pisgah National Forest boundary
  • Access via a recorded easement road from the end of pavement on Watagnee Trail, with fresh gravel placed in May 2026
  • Original 800 SF brick cabin near a 3‑acre open field with open quad bunks, full bath, full kitchen, and wood burning fireplace

Property Analytics

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Current Use

Campgrounds

Suggested Use

Top Pick Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby

Demographics for 28742, NC

2,981
Population
1,323
Households
2.3
Avg Household Size
47
Median Age
42%
College-Educated
95%
High-School Grad
46.4 sq mi
ZIP Area
64
Density / Sq Mi
$97,292
Median Household Income
$53,981
Median Earnings
$843
Median Rent
$330,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Campground - Recreational estate with multiple cabins, barns, and three parcels totaling 35+/- acres, accessed via a recorded easement road.
Where is this campground located?
The property is located at 45 Watagnee Trail Horse Shoe, NC.
What is the asking price?
The asking price for this property is $935,000.
What are key features of this property?
This property features: 35 +/- recreational acres across three parcels, with the southwest corner adjoining Pisgah National Forest boundary; Access via a recorded easement road from the end of pavement on Watagnee Trail, with fresh gravel placed in May 2026; Original 800 SF brick cabin near a 3‑acre open field with open quad bunks, full bath, full kitchen, and wood burning fireplace
More about this property
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