New Listing2474 Soco Road,Maggie Valley, NC 28751
Maggie Valley, NC 28751
Description
Strategically positioned hospitality property in the heart of Maggie Valley and the Smoky Mountains, The Five Star Inn offers ±12,206 SF of existing hospitality accommodations on ±1.62 acres with creek frontage along Jonathan Creek. Four buildings provide 20 guest rooms, a 2 or 3-bedroom innkeeper's quarters, and a 2 bedroom cottage that can be converted back to a guest space. One room currently used by the innkeeper can also be converted back to a guest room. This quaint motel offers a mix of guest room-types, including creekside accommodations with private balconies, and one guest room with a kitchenette. The property was impacted by flooding from Hurricane Helene, therefore nearly every room has been updated with new drywall, flooring and furnishings in the last year. All buildings have been well maintained and have newer roofs, providing lower maintenance for a new owner/operator. The Five Star Inn has a reputation for stellar hospitality and a loyal following of repeat guests. They have maintained a 100% sanitation rating since at least 2019 (when the current owners took over). With 4.7 stars on Google and 4.5 on Tripadvisor, a new operator will enjoy an established reputation and the opportunity to expand their customer base with their own touches. Located directly along Maggie Valley's "main drag" Soco Road (US 19), the property offers convenient access to major regional thoroughfares, approximately 4 miles from the Blue Ridge Parkway and approximately 4 miles from I-40 via US 19 and US 276. The property is also positioned near US 23/74, providing connectivity to Waynesville, Asheville, and the broader Western North Carolina market. With established hospitality facilities, commercial zoning, creek frontage, and a location within a proven tourism destination, this property presents an attractive opportunity for an investor, hospitality operator, or developer seeking a versatile commercial asset in Maggie Valley.
Details
| MLS # | 4418201 |
|---|---|
| Listing Type | For Sale |
| Style | Hotel/motel |
| Sub-Type | Resale |
| Status | Active |
| Year | 1965 |
| Days On Site | 2 |
| Listing Provided By | Likewise Commercial Real Estate | Jessica Auge |
Features
| SQ Feet | 12,206 |
|---|---|
| Units | 22 |
| Building(s) | 4 |
| Acreage | 1.62 |
| Property View | Mountain(s) |
Interior
| Cooling | Central Air, Wall Unit(s), Window Unit(s) |
|---|---|
| Heating | Central, Electric |
| Window Features | Window Treatments |
| Appliances | Bar Fridge, Microwave, Refrigerator |
Exterior
| Roof | Architectural Shingle |
|---|---|
| Construction Materials | Brick Partial, Vinyl, Wood |
| Foundation Details | Slab |
| Lot Features | Creek Front, Flood Plain/Bottom Land, Level, Paved, Creek/Stream, Views |
Parking
| Parking Features | Parking Lot, Parking Space(s) |
|---|
Utilities
| Utilities | Natural Gas, Underground Utilities |
|---|
Taxes
| Property | 450500 |
|---|
Area Information
| State | NC |
|---|---|
| County | Haywood |
| City | Maggie Valley |
| Zip Code | 28751 |
| Area | Haywood |
| Listing VS Median (in 28751) | |
Price: $1,500,000 low | high Med: $455,000 sqft: 12,206 low | high Med: 1,902 $ / sqft: $123 low | high Med: $243 On site: 2 low | high Med: 78.5 | |
Market Activity 28751
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Listings courtesy of Canopy MLS as distributed by MLS GRID.
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Learn More About This Property
| State | NC |
|---|---|
| County | Haywood |
| City | Maggie Valley |
| Zip Code | 28751 |
| Area | Haywood |
| Listing VS Median (in 28751) | |
Price: $1,500,000 low | high Med: $455,000 sqft: 12,206 low | high Med: 1,902 $ / sqft: $123 low | high Med: $243 On site: 2 low | high Med: 78.5 | |