$225,000
2 Bed · 1.5 Bath · 1,195 Sq Ft
Distinctive three-structure mountain property with income potential
2
Beds
1.5
Baths
1,195
Sq Ft
1900
Built
0.7 acres
Lot
None (driveway parking)
Garage
This one-of-a-kind mountain compound at 6367 NC-261 offers a fast route to occupancy and multiple long-term uses. The centerpiece is a thoughtfully renovated former church—about 1,195 square feet—now configured with 2 bedrooms and 1.5 baths and substantial finish work already completed. The interior shows retained character and new finishes where completed; the building is ready for system tie-ins (well and septic) and finishing touches to be fully usable.
Beyond the church are two additional structures that expand this parcel’s possibilities: an old farmhouse (approx. 1,560 SF, historically 4 BR / 2.5 BA) and a separate apartment building (approx. 1,200 SF total across two units—one 1BR and one 3BR). Both ancillary buildings need significant renovation, which creates an opportunity to build rental income, guest suites, or additional living space. The layout and multiple buildings are ideal for an owner-operator wanting a private primary residence with on-site rental units, or an investor targeting short-term rental income.
Set at an elevation over 3,200 feet, the property feels private while still fronting NC-261 for straightforward access. Outdoor recreation is a major draw: the Appalachian Trail is only a few miles away and Roan Mountain areas are within easy driving distance—perfect for hikers, artists, and outdoors-oriented guests. Although water and sewer utilities are not currently in place (well and septic are required), the cost to bring systems online should be weighed against the rare nature of a multi-structure parcel in this region.
Priced at $225,000, this offering blends immediate potential—an essentially move-in-ready renovated church—with the upside of two rehab-ready structures. Whether you’re creating a distinctive private compound, staging a phased renovation for recurring rental income, or building a boutique retreat, this property delivers a rare starting point in Mitchell County’s mountain market. Contact listing agent Josh Casper at 828-467-9494 for details, site access, and next steps.
The NC-261 corridor around Bakersville is rural and scenic—characterized by rolling mountain ridges, small farms, and widely spaced homes. Bakersville is a small town with essential services, seasonal festivals, and proximity to outdoor recreation. The area draws buyers seeking privacy and access to hiking, scenic drives, and agrarian landscapes rather than urban amenities.
The Bakersville / Mitchell County market is characterized by limited inventory, an appeal to second-home buyers and outdoors enthusiasts, and slower turnover than urban markets. Median sale prices in similar mountain areas generally sit in the low-to-mid $200k range, with steady but modest appreciation. Buyers pay a premium for unique properties (cabins, renovated historic buildings, multi-structure compounds) and proximity to trails and scenic areas. However, infrastructure needs—especially well and septic installation and major rehabs—constrain buyer pools and typically extend time-to-close and renovation timelines. For investors, this is a seller-friendly price point with upside through phased renovation and short-term rental operation; for owner-occupiers it presents a distinctive lifestyle purchase with potential to expand living spaces and rental income over time.
Bakersville Elementary School
Elementary · 1-4 mi (approx.)
Mitchell High School
Middle/High · 2-6 mi (approx.)
Excellent access to hiking and mountain recreation—Appalachian Trail and Roan Mountain are nearby, making this property attractive to outdoors-oriented buyers and short-term rental guests.
Buy at $225k to capture a unique mountain compound with immediate occupancy potential in the renovated church; rehab one or both ancillary buildings to create rental income (long-term), or convert to a destination retreat/Airbnb for higher seasonal revenue.
Buyers should conduct independent due diligence before making any purchase decisions.
Low
$190K
Midpoint
$225K
High
$260K
$57/SF estimated price per square foot
Estimate anchored to list price of $225,000 and AVM (~$224.6K). Adjusted range considers condition, need for well/septic, presence of multiple structures (some requiring significant rehab) and rural mountain location. No live comparable sales search performed—figures rely on market knowledge of Mitchell County and similar mountain properties.
As of 2026-03-14
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Rural population with low growth; seasonal second-home and short-term rental interest rising in Appalachian regions.
Rural mountain setting with outdoor recreation nearby: hiking, scenic drives, small-town services in Bakersville; nearest larger markets are Spruce Pine and Erwin/Johnson City (TN) region.
Market data is based on aggregated public records and may not reflect real-time conditions.
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