Residential Income

Seven Devils, NC Residential Income Properties for Sale

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Banner Elk, NC Sugar Mountain, NC Elk Park, NC Beech Mountain, NC Linville, NC Boone, NC Sugar Grove, NC Blowing Rock, NC
Two-Home Mountain Rental Property
Updated: Feb 26
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‑acre parcel in Seven Devils, currently operating as a short‑term rental with nearly $153k in revenue
Total of 5 bedrooms across both homes; main home includes an additional lower‑level bedroom with closet and ensuite bath (no window)
Main residence features a stone fireplace, multiple decks for indoor‑outdoor living, and a dedicated office plus spacious kitchen with natural light
Detached garage and driveway parking, with deck/patio space including a deck off the main living areas
Guest cottage across the property has vaulted ceilings, a stone fireplace, loft‑style sleeping area, and a full bath with additional flex/office space
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Two Mountain Homes with Rental Cottages
Updated: Feb 26
Two Mountain Homes with Rental Cottages

556/558 Thorncliff Drive, Seven Devils, NC 28604

$1,199,000
3.03 AC lot
Two mountain homes on a 3‑acre parcel in Seven Devils, built in 1986
Currently operated as a short‑term rental with nearly $153k in revenue
Main home features 4 bedrooms (lower‑level 4th bedroom has no window, but includes a closet and ensuite bath), plus a primary suite and dedicated office
Main living area includes a stone fireplace and multiple decks for indoor‑outdoor living
Guest A‑frame cottage includes vaulted ceilings, a stone fireplace, an open loft sleeping area, and a full bath
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Seven Devils, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

Mountain Resort Cabins Investment Opportunity
Mountain Resort Cabins Investment Opportunity

158 Alpine Village Drive, Blowing Rock, NC 28605

$2,300,000
4.69 AC lot

Six charming cabins near Blue Ridge Parkway with strong ROI potential.

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Blowing Rock Mixed-Use Investment
Blowing Rock Mixed-Use Investment

257 Sunset Drive, Blowing Rock, NC 28605

$2,500,000
1,600 sqft

Commercial and residential property in Blowing Rock, North Carolina.

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Single-Family Estate with Outbuildings
Single-Family Estate with Outbuildings

1644 Broadstone Road, Banner Elk, NC 28604

$1,050,000
2.91 AC lot

Large estate with business-main-level layout, two outbuildings, and 12+ parking; furnished and managed rental program.

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Fourplex With Efficiency Units
Fourplex With Efficiency Units

270 Elk Hill Drive, Banner Elk, NC 28604

$875,000
0.39 AC lot

Fourplex features two 2-bedroom/2-bath units and two efficiency units, with high vaulted ceilings and fireplaces.

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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.

Mountain Top Development Land
Mountain Top Development Land

243+/- Dobbin Road, Banner Elk, NC 28604

$11,500,000
241.00 AC lot

241+/- acres of wooded mountain-top land with recent road access and elevations from 3,800 to 4,500+ feet.

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Land with Mountain Views
Land with Mountain Views

Snow Ridge Road lot: 35 And 36, Banner Elk, NC 28604

$89,000
1.40 AC lot

Two lots with views and septic permit near Banner Elk.

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Land in Gated Community
Land in Gated Community

Chestnut Mountain Road, Banner Elk, NC 28604

$59,000
2.21 AC lot

2.21 acres in a gated community near Banner Elk.

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Level Lot in Banner Elk
Level Lot in Banner Elk

Larkspur Trail lot: 3, Banner Elk, NC 28604

$55,000
0.90 AC lot

Building site with creek, shared well, short-term rentals allowed.

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Seven Devils, NC Residential Income Properties Market Trends and Statistics

Explore 2 residential income properties for sale in Seven Devils, NC on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $2,398,000.

Sale prices for residential income properties in Seven Devils, NC start at $1,199,000, averaging $1,199,000, and reaching up to $1,199,000 — 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

Multifamily properties 2
Short term rental properties 2
Single family properties 1

Demographics Overview

Population 7,280
Population Growth (5Y) -4.7%
Median Household Income $64,052
College Educated 62.0%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
Banner Elk - 28604 $1.2M

Listings Trend

New vs delisted commercial listings in Avery County

New Delisted

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