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Watauga County, NC Residential Income Properties for Sale

8 results
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Banner Elk Multi-Family Investment Opportunity
$1,175,000
0.48 Acres

Banner Elk Multi-Family Investment Opportunity

226 Beech Haven Rd, Banner Elk, NC 28604

Four rentable units with income potential near Beech Mountain.

  • High income potential: Projected to gross over $200k annually once all 4 units are complete, with one unit already earning $50k in its first year.
  • Partially Cash‑Flowing Investment: Two units are already renovated and generating income as luxury short‑term rentals.
  • Prime Location: Situated between Beech Mountain and downtown Banner Elk, near Lees McRae College, enhancing guest appeal.
  • Value‑Add Opportunity: Two units are gutted, allowing the new owner to customize and scale the property to its full potential.
  • Major Renovations Completed: Significant upgrades to the roof, windows, and core infrastructure have already been addressed.
Updated: Dec 2, 2025
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Updated Condo Near Blowing Rock
$449,000

Updated Condo Near Blowing Rock

123 Pinnacle Ave, Blowing Rock, NC 28605

Light-filled, updated 2-bedroom condo near Blowing Rock Country Club.

  • Prime location in the heart of Blowing Rock, near Blowing Rock Country Club.
  • Fully furnished (excluding artwork/personal items), move‑in ready.
  • Recently remodeled primary bedroom and bathroom, offering a luxurious retreat.
  • Updated, state‑of‑the‑art kitchen appliances (refrigerator, dishwasher, stove).
  • End unit with large windows providing ample natural light.
Updated: Aug 28, 2025
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Student Housing Redevelopment Opportunity
$6,800,000

Student Housing Redevelopment Opportunity

Prime real estate near Appalachian State University with redevelopment potential.

380 W King St, Boone, NC 28607
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Mountain Townhome Near Powderhorn Amenities
$219,000
882 SF

Mountain Townhome Near Powderhorn Amenities

Two-bedroom, two-bathroom townhome near Powderhorn amenities in gated community.

212 Saddle Ln, Deep Gap, NC 28618
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Renovated Commercial/Residential Property on Highway 321
$799,000

Renovated Commercial/Residential Property on Highway 321

Dual-purpose property with commercial space and renovated apartment.

3453 Us Hwy 321 Hwy S, Blowing Rock, NC 28605
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High Country Multifamily Investment
$997,000
3,110 SF

High Country Multifamily Investment

Blowing Rock, NC apartment building, great potential.

3385 Us-321, Blowing Rock, NC 28605
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Based on your search, we've compiled 356 Potential Opportunities for your consideration. Besides 8 Active listings in Watauga County, NC, we suggest exploring several alternatives: similar 344 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

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.

Large Lot Combo in Boone
$150,000
1.39 Acres

Large Lot Combo in Boone

1.39 acre lot with shared well and community septic.

17 Sunset Ridge Dr, Boone, NC 28607
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Versatile Land Near Boone
$602,000
18.95 Acres

Versatile Land Near Boone

18.81 acres near Boone with wooded areas and pastures.

Tbd Junaluska Rd, Boone, NC 28607
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Land with Creek Frontage
$55,000
1.01 Acres

Land with Creek Frontage

1.01 acre lot with creek frontage near Banner Elk.

5 Larkspur Trl, Banner Elk, NC 28604
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Unrestricted Land with Mountain Views
$134,900
5.99 Acres

Unrestricted Land with Mountain Views

6-acre tract near Boone with mountain views and easy access.

846 Joe Shoemaker Rd, Vilas, NC 28692
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Explore Off-Market Properties in Watauga County, NC

Consider similar Off-Market properties in Watauga County, 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.

3385 Us-321

3385 Us-321

Multifamily properties • 3,110 SF
Value Estimation by Request
3385 Us-321, Blowing Rock, NC 28605
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179 Hillside Dr

179 Hillside Dr

Multifamily properties
Value Estimation by Request
179 Hillside Dr, Boone, NC 28607
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247 Homespun Hills Rd

247 Homespun Hills Rd

Multifamily properties • 2,475 SF
Value Estimation by Request
247 Homespun Hills Rd, Boone, NC 28607
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206 Psi Dr

206 Psi Dr

APARTMENT HOUSE (5+ UNITS) • 5,000 SF
Value Estimation by Request
206 Psi Dr, Boone, NC 28607-5910
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150 Paul Greer Rd

150 Paul Greer Rd

APARTMENT HOUSE (5+ UNITS) • 2,652 SF
Value Estimation
$940,000
150 Paul Greer Rd, Boone, NC 28607-9231
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618 Greer Ln

618 Greer Ln

APARTMENT HOUSE (5+ UNITS) • 3,432 SF
Value Estimation
$490,000
618 Greer Ln, Vilas, NC 28692-8993
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686 State Farm Rd

686 State Farm Rd

APARTMENT HOUSE (5+ UNITS) • 1,225 SF
Value Estimation by Request
686 State Farm Rd, Boone, NC 28607-3300
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186 Birch St

186 Birch St

APARTMENT HOUSE (5+ UNITS) • 3,573 SF
Value Estimation
$435,000
186 Birch St, Boone, NC 28607-5036
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197 Woodpecker Ln

197 Woodpecker Ln

APARTMENT HOUSE (5+ UNITS) • 1,456 SF
Value Estimation
$365,000
197 Woodpecker Ln, Boone, NC 28607-4422
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143 Pond Crk Rd

143 Pond Crk Rd

APARTMENT HOUSE (5+ UNITS) • 126 SF
Value Estimation
$450,000
143 Pond Crk Rd, Banner Elk, NC 28604
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10894 Nc Hwy 105th S

10894 Nc Hwy 105th S

APARTMENT HOUSE (5+ UNITS) • 2,652 SF
Value Estimation
$490,000
10894 Nc Hwy 105th S, Banner Elk, NC 28604-8658
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129 Lazy Lk Rd

129 Lazy Lk Rd

APARTMENT HOUSE (5+ UNITS) • 160 SF
Value Estimation
$400,000
129 Lazy Lk Rd, Boone, NC 28607-7876
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304 Clint Norris Rd

304 Clint Norris Rd

APARTMENT HOUSE (5+ UNITS) • 1,624 SF
Value Estimation
$415,000
304 Clint Norris Rd, Boone, NC 28607-8851
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105 Assembly Dr

105 Assembly Dr

APARTMENT HOUSE (5+ UNITS) • 3,360 SF
Value Estimation by Request
105 Assembly Dr, Boone, NC 28607-5378
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237 Bloomfield Dr

237 Bloomfield Dr

APARTMENT HOUSE (5+ UNITS) • 4,758 SF
Value Estimation by Request
237 Bloomfield Dr, Blowing Rock, NC 28605-9203
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205 King St

205 King St

APARTMENT HOUSE (5+ UNITS) • 3,696 SF
Value Estimation by Request
205 King St, Boone, NC 28607-5082
View details

Watauga County, NC Residential Income Properties Investment Opportunities Market Analysis

Explore 351 residential income properties for sale in Watauga County, NC, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 9,049,541 square feet of properties for sale, with an estimated market value of $144,302,000.

Prices for residential income properties in Watauga County, NC start at $100,000, averaging $751,572, and reaching up to $7,600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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