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Blowing Rock, NC

Multifamily

Blowing Rock, NC Multifamily Properties for Sale

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Boone, NC Lenoir, NC Banner Elk, NC Vilas, NC Seven Devils, NC Collettsville, NC Deep Gap, NC Sugar Grove, NC

Mountain Resort Cabins Investment Opportunity

Updated: Mar 18

Mountain Resort Cabins Investment Opportunity

158 Alpine Village Drive, Blowing Rock, NC 28605

$2,300,000

4.69 AC lot

Proven short‑term rental resort with strong ROI potential and $271,000 rolling revenue in 2025.
Strategic location near Blue Ridge Parkway, Blowing Rock, and Boone, attracting high visitor traffic.
Six charming mountain resort cabins with hot tubs and gas fireplaces.
Significant upside potential on 4.6 acres with room for expansion.
Middle Fork Creek/New River frontage providing an attractive natural amenity.

Six-Cabin Mountain Resort

Updated: Mar 18

Six-Cabin Mountain Resort

1-6-158 Alpine Village Dr, Blowing Rock, NC 28605

$2,300,000

4.60 AC lot

Six mountain resort cabins on 4.6 acres, with private hot tubs and cozy gas fireplaces
Unit mix: three 1‑bedroom/1‑bath cabins and three 2‑bedroom/1‑bath cabins
Located about 0.5 miles from the Blue Ridge Parkway, 1.5 miles from Main Street Blowing Rock, and under 5 miles to Boone
Middle Fork Creek/New River frontage plus outdoor common areas for guest relaxation by the creek
2025 rolling revenue reported at $271,000 with an existing booking pipeline

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 35 Potential Opportunities for your consideration. Besides 2 Active listings in Blowing Rock, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 25 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Renovated Duplex with Creek Views

Renovated Duplex with Creek Views

140 Nestle Road, Boone, NC 28607

$645,000

0.25 AC lot

A recently updated two-unit duplex with upstairs balconies, modern finishes, and a peaceful mountain creek setting.

Two-Home Mountain Rental Property

Two-Home Mountain Rental Property

556/558 Thorncliff Drive, Seven Devils, NC 28604

$1,199,000

3.03 AC lot

Two mountain homes on a 3.03-acre parcel, currently operating as short-term rentals with five total bedrooms.

Two Mountain Homes with Rental Cottages

Two Mountain Homes with Rental Cottages

556/558 Thorncliff Drive, Seven Devils, NC 28604

$1,199,000

3.03 AC lot

Own two mountain residences on one parcel, currently used as short-term rentals with reported revenue.

Student Housing with Retail Parking

Student Housing with Retail Parking

850 Blowing Rock Road, Boone, NC 28607

Contact for pricing

200-unit, 560-bed student housing complex with two retail spaces available and 62 parking spaces dedicated to retailers.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Wooded Land in Forest Creek

Wooded Land in Forest Creek

Daisy Place, Collettsville, NC 28611

Contact for pricing

5.45 AC lot

5.45 acres of wooded land; manufactured homes allowed.

Warrensville Land with River Frontage

Warrensville Land with River Frontage

Ed Little Road, Warrensville, NC 28693

$75,000

11.17 AC lot

11+ acre property with river frontage and mountain views.

Unrestricted Land with River Frontage

Unrestricted Land with River Frontage

no # Edna Perry Road, Crumpler, NC 28617

$250,000

20.67 AC lot

20+ acres of unrestricted land with New River frontage.

Abingdon Land Near South Holston

Abingdon Land Near South Holston

1.80 AC Twin Oaks Rd lot: 1, Abingdon, VA 24211

$54,900

1.80 AC lot

1.8-acre building lot near amenities and South Holston Lake.

Off-Market Properties in Blowing Rock, NC

Consider similar Off-Market properties in Blowing Rock, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

303 Mystery Hl Ln

MOBILE HOME PARK, TRAILER PARK

303 Mystery Hl Ln, Blowing Rock, NC 28605-8709

Value Estimation by Request

1,050 sqft 6.00 AC lot

185 Chetola Lk Dr

APARTMENT HOUSE (5+ UNITS)

185 Chetola Lk Dr, Blowing Rock, NC 28605-6037

Value Estimation by Request

1,497 sqft 17.48 AC lot

APARTMENT HOUSE (5+ UNITS)

481 Ransom St, Blowing Rock, NC 28605-9285

$535,000

Estimated value

5,044 sqft 1.38 AC lot

6383 Us Hwy 221st S

APARTMENT HOUSE (5+ UNITS)

6383 Us Hwy 221st S, Blowing Rock, NC 28605-8921

$715,000

Estimated value

1,408 sqft 1.17 AC lot

126 Greenway Ct

APARTMENT HOUSE (5+ UNITS)

126 Greenway Ct, Blowing Rock, NC 28605-6115

$940,000

Estimated value

1,620 sqft 0.07 AC lot

1073 Wonderland Trl, Unit D

APARTMENT HOUSE (UNDER 5 UNITS)

1073 Wonderland Trl, Blowing Rock, NC 28605-6393

Unit D

$1,415,000

Estimated value

4,011 sqft

158 Greenway Ct

APARTMENT HOUSE (5+ UNITS)

158 Greenway Ct, Blowing Rock, NC 28605-6115

Value Estimation by Request

1,596 sqft 0.05 AC lot

409 Wallingford St, Unit B

APARTMENT HOUSE (UNDER 5 UNITS)

409 Wallingford St, Blowing Rock, NC 28605-6368

Unit B

Value Estimation by Request

3,980 sqft

1391 Flt Top Rd

APARTMENT HOUSE (5+ UNITS)

1391 Flt Top Rd, Blowing Rock, NC 28605-9202

Value Estimation by Request

1,798 sqft 0.99 AC lot

BOARDING/ROOMING HOUSE

239 Sunset Dr, Blowing Rock, NC 28605-7206

Value Estimation by Request

442 sqft 0.32 AC lot

BOARDING/ROOMING HOUSE

152 Sunset Dr, Blowing Rock, NC 28605-7205

Value Estimation by Request

964 sqft 0.30 AC lot

BOARDING/ROOMING HOUSE

203 Sunset Dr, Blowing Rock, NC 28605-7206

$610,000

Estimated value

1,320 sqft 1.00 AC lot

Multifamily properties

3385 Us-321, Blowing Rock, NC 28605

Value Estimation by Request

3,110 sqft 0.50 AC lot

148 Yearling Ln

APARTMENT HOUSE (5+ UNITS)

148 Yearling Ln, Blowing Rock, NC 28605-8941

Value Estimation by Request

1,208 sqft 2.64 AC lot

151 Smt Woods Dr

APARTMENT HOUSE (5+ UNITS)

151 Smt Woods Dr, Blowing Rock, NC 28605-9497

$1,715,000

Estimated value

3,136 sqft 0.73 AC lot

BOARDING/ROOMING HOUSE

125 Shady Ln, Blowing Rock, NC 28605-6263

Value Estimation by Request

429 sqft 0.41 AC lot

APARTMENT HOUSE (5+ UNITS)

147 Sarah Ln, Blowing Rock, NC 28605-8118

Value Estimation by Request

1,484 sqft 0.60 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

180 Renar Dr, Blowing Rock, NC 28605-6238

$605,000

Estimated value

4,904 sqft 0.24 AC lot

APARTMENT HOUSE (5+ UNITS)

891 Ransom St, Blowing Rock, NC 28605-8297

Value Estimation by Request

1,292 sqft 0.27 AC lot

132 Old Us Hwy 321

APARTMENT HOUSE (5+ UNITS)

132 Old Us Hwy 321, Blowing Rock, NC 28605-9169

Value Estimation by Request

300 sqft 1.80 AC lot

158 Lot Estes Dr

APARTMENT HOUSE (5+ UNITS)

158 Lot Estes Dr, Blowing Rock, NC 28605-6151

$700,000

Estimated value

7,128 sqft 0.30 AC lot

2324 Flt Top Rd

APARTMENT HOUSE (UNDER 5 UNITS)

2324 Flt Top Rd, Blowing Rock, NC 28605-9342

Value Estimation by Request

4,722 sqft

Blowing Rock, NC Multifamily Properties Market Trends and Statistics

Explore 27 multifamily properties for sale in Blowing Rock, NC on our real estate platform.

Sale prices for multifamily properties in Blowing Rock, NC average $2,300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 3,471

Population Growth (5Y) +1.3%

Median Household Income $74,865

College Educated 80.7%

High-Yield Neighborhoods for Investment

Identify Blowing Rock submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
28605	$1.6M

Listings Trend

New vs delisted commercial listings in Watauga County

New Delisted

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