Property listing for 6367 NC 261 Hwy, Bakersville, NC 28705
ActiveSingle Family Home (multi-structure compound)

$225,000

6367 NC 261 Hwy, Bakersville, NC 28705

Renovated Mountain Church + Farmhouse & Apartments — 0.7 Acre Compound

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

About 6367 NC 261 Hwy

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.

Home Highlights

Renovated former church ready for finish and occupancyThree structures on site—flexible use casesElevation over 3,200 feet with mountain atmosphereGreat potential for short-term rental income after rehabListed at $225,000

Property Features

Interior Features

  • Renovated former church ~1,195 SF
  • 2 bedrooms, 1.5 baths in primary structure
  • Versatile upstairs bonus loft/office space
  • Mix of preserved character elements and updated finishes
  • Laundry: 'Other - See Remarks' (on-site provisions)

Exterior & Lot

  • 0.7 acre lot at ~3,200 ft elevation
  • Two additional structures: farmhouse (~1,560 SF) and 2-unit apartment building (~1,200 SF)
  • Driveway access from NC-261; multiple parking spaces
  • Private mountain setting with long-range views potential
  • Needs well and septic installation

Location & Neighborhood

  • Rural Bakersville community, Mitchell County
  • A few miles to Appalachian Trail access
  • Short drives to local shops and services in Bakersville
  • Close to Roan Mountain recreational areas
  • Typical quiet mountain corridor with small farms and homes

Walkability & Recreation

  • Walkability Rating: 20/100
  • Hiking and outdoor recreation nearby
  • Seasonal scenic drives and leaf-peeping
  • Quiet rural street—not easily walkable for daily errands

Neighborhood & Location

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.

Market Insights

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.

Nearby Schools

Bakersville Elementary School

Elementary · 1-4 mi (approx.)

5/10

Mitchell High School

Middle/High · 2-6 mi (approx.)

4/10

Walkability & Recreation

20
Walkability
85
Recreation

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.

Investment Highlights

  • Renovated former church is largely finished—fast path to occupancy once well/septic are installed
  • Three separate structures provide flexible use: primary residence + rental/guest units
  • Elevated mountain setting (~3,200 ft) attractive to second-home and short-term rental markets
  • Listed at $225,000—price reflects condition with upside if renovations completed

Key Findings

  • Primary structure (church) = ~1,195 SF, 2 BR / 1.5 BA (renovated)
  • Two additional buildings (farmhouse and 2-unit apartment) estimated total ~2,760 SF require substantial rehab
  • Water and sewer infrastructure not present on-site (well and septic needed)
  • Property sits on approx. 0.7 acres with direct access to NC-261
  • Sale history shows prior public-record sale in Oct 2021 for $100,000

Things to Consider

  • Cost and permitting timeline to install well and septic (major near-term expense)
  • Significant rehab needed on farmhouse and apartment building—unknown structural issues
  • Rural utilities and winter access at higher elevation may add operating and renovation complexity
  • Limited comparable-sales data for unique multi-structure parcels in immediate area

Opportunity Analysis

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.

Potential Use Scenarios

  • Complete well and septic installations for immediate occupancy of the church building and to enable future rehab work on other buildings.
  • Prioritize structural assessment of farmhouse and apartment building; complete one building as an income unit before investing in the third.
  • Obtain county health and zoning confirmation for short-term rentals if planning Airbnb use.
  • Consider phased renovation to reduce upfront capital: finish church first, stabilize farmhouse, then convert one apartment unit for income.

Risk Factors

  • Unidentified structural or environmental issues in older buildings
  • Permitting delays for septic/well
  • Seasonal demand fluctuations for mountain-area rentals

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$190K

Midpoint

$225K

High

$260K

$57/SF estimated price per square foot

65% confidence

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.

Market & Area Data

Market Trends

Area Median Price$265,000
Avg Days on Market45 days
Inventory5 months
1-Year Appreciation+300.0%

Demographics

Population (1 mi)800
Median Income (1 mi)$43,000

Rural population with low growth; seasonal second-home and short-term rental interest rising in Appalachian regions.

Nearby Points of Interest

  • Appalachian Trail (few miles)
  • Roan Mountain State Park (approx. 10-20 mi)

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.

School District

DistrictMitchell County Schools
ElementaryBakersville Elementary School (Mitchell County) — rating approx. 5/10
MiddleMitchell High School (serves multiple grades; local middle grades combined) — rating approx. 4/10
HighMitchell High School — rating approx. 4/10

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built1900
Constructionwood frame (likely, typical regional construction)
Stories2
HeatingNone listed (likely no permanent central heat in renovated church yet)
CoolingNone listed
Basementnone
FireplaceNo
Conditionaverage-to-fair (church largely renovated; farmhouse and apartment building require substantial renovation)

Lot & Site

Lot Size0.7 acres (30,491 SF)
Topographysloping
Parkingdriveway
Parking Spaces6
FrontageFronts NC-261 (state highway) with driveway access; roadside visibility but set back slightly

Utilities

WaterWell Needed
SewerSeptic Needed
ElectricOn-site electric likely available (not explicitly listed)
GasNone listed (likely propane or electric options if installed)

Zoning & Land Use

Zoning CodeRural Residential / Agricultural (likely county RA or equivalent)
DescriptionRural residential zoning consistent with single-family dwellings, accessory structures, and small-scale agricultural uses. Short-term rentals typically allowed with local permitting; verify with Mitchell County zoning office.
JurisdictionMitchell County (unincorporated)

Allowed Uses

Single family residenceAccessory dwelling / guest units (subject to permits)Small scale agricultureShort term rental (subject to county rules)
Current Useresidential

Tax & Sale History

Tax Assessment

Sale History

2021-10-13$100,000
2026-03-07$225,000

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