85 Pinecrest Lane , Tryon, NC 28782
Tryon, NC 28782
Description
Iconic value-add property now available! The 1906 Pine Crest Inn has served as a cultural and social draw for the town of Tryon for decades, and welcomed guests to its 9+ acre campus, 60 seat restaurant, 36 guest accommodations, and conference / event center. The property and business closed in late 2023, is now lender-owned and available for a new steward’s vision and touches. The main Inn building serves as the functional hub of the property with inviting natural hardwood floors, a stone fireplace, lobby, dining area with commercial kitchen, and four guest accommodations. The 8 outlying cottages each feature their own unique private escapes with quaint kitchenettes, living areas, and porches with views of the grounds. Property is being sold as-is with all FF&E, and even includes EV chargers! Buyer might also consider subdivision / resale of individual units as a potential capital model. Full interior photos of main inn can be found in virtual tour below.
Details
| MLS# | 4170851 |
|---|---|
| Listing Type | For Sale |
| Style | Hospitality |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1906 |
| Days On Site | 58 |
| Listing Provided By | Keller Williams Professionals | Chris Gragtmans |
Features
| Story(s) | 2 |
|---|---|
| Building(s) | 9 |
| Zoning | M |
| Acreage | 9.05 |
Market Activity 28782
Listings courtesy of Canopy Realtor® Association as distributed by MLS GRID.
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Learn More About This Property
| State | NC |
|---|---|
| County | Polk |
| City | Tryon |
| Zip Code | 28782 |
| Area | Polk |
| Listing VS Median (in 28782) | |
Price: $1,495,000 low | high Med: $486,000 On Site: 58 low | high Med: 26.000000 | |