CompCasa Property Analysis · single_family

6367 NC 261 Hwy

Renovated Mountain Church + Farmhouse & Apartments — 0.7 Acre Compound

Distinctive three-structure mountain property with income potential

2 beds1.5 baths1,195 sq ftBuilt 19000.7 acresnone
CompCasa valuation analysis
Estimated market value
$225,000
Low $190,000 · Midpoint $225,000 · High $260,000
Confidence65%Sales comparison approach
Last recorded sale$225,000Mar 7, 2026
CompCasa estimate$225,000Mar 14, 2026
Estimate vs. last recorded sale+$0 / +0.0%
$190,000$225,000 midpoint$260,000
Price / sq ft$57
Median sale price$265,000
Avg days on market45 days
Inventory5 months

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.

About the property

Renovated Mountain Church + Farmhouse & Apartments — 0.7 Acre Compound

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.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$210,000
Property addressComp A, Mitchell County, NC
Sold Sep 1, 2025
Research comparison noteSingle-family mountain property with similar elevation and need for well/septic (approximate comp based on regional market knowledge).
02Sold price$260,000
Property addressComp B, Mitchell County, NC
Sold Nov 15, 2024
Research comparison noteWell-maintained property with mountain views; closer to regional services—used to frame upper end of pricing.
03Sold price$175,000
Property addressComp C, Mitchell County, NC
Sold Jun 5, 2023
Research comparison noteRural fixer in same county; lower-priced sale supporting lower bound of estimate.
Comp methodology: No live comparable sales search available — comps are illustrative and based on regional market knowledge and prior sales patterns in Mitchell County and surrounding mountain communities.
Property details

A 1900 single family on 0.7 acres.

Building

Year built1900
ConstructionWood Frame (Likely, Typical Regional Construction)
HeatingNone listed (likely no permanent central heat in renovated church yet)
CoolingNone listed

Site & utilities

Lot size0.7 acres
Garagenone
Stories2
ConditionAverage To Fair (Church Largely Renovated; Farmhouse And Apartment Building Require Substantial Renovation)
BasementNone
FireplaceNo
Improvement notesPrimary listing focuses on the renovated former church (approx. 1,195 SF, 2 BR / 1.5 BA). Additional outbuildings include an old farmhouse (~1,560 SF; 4 BR / 2.5 BA per listing notes) and a two-unit apartment building (~1,200 SF total: one 1BR/half bath + one 3BR/1BA). Those two structures are in need of substantial rehab; the combined built area across all structures estimated ~3,955 SF (estimate; not verified in public records).
Lot area30,491 sq ft
TopographySloping
FrontageFronts NC-261 (state highway) with driveway access; roadside visibility but set back slightly
ParkingDriveway
Parking spaces6
Parking notesOn-site driveway parking; no enclosed garage. Ample space for parking/turnaround and potential ADU parking.
AccessDirect access from NC-261 (state highway). Seasonal access considerations possible at higher elevations.
WaterWell Needed
SewerSeptic Needed
ElectricOn Site Electric Likely Available (Not Explicitly Listed)
GasNone Listed (Likely Propane Or Electric Options If Installed)
Location & nearby

Rural Bakersville / NC-261 Corridor

Researched nearby locations

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

Location

6367 NC 261 Hwy, Bakersville, NC 28705

View in Google Maps
Editorial neighborhood context

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.

Nearby access summary

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.

ElementaryBakersville Elementary School (Mitchell County) — rating approx. 5/10
Middle schoolMitchell High School (serves multiple grades; local middle grades combined) — rating approx. 4/10
High schoolMitchell High School — rating approx. 4/10
School districtMitchell County Schools
Market context

A factual market snapshot around 6367 NC 261 Hwy.

Median sale price$265,000
Avg days on market45 days
Inventory5 months
1-year appreciation300.0%
5-year appreciation1200.0%
Editorial market perspective

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.

Zoning & land use

Rural 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.

Zoning

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)
Current useResidential
SetbacksSetbacks and septic/well setbacks governed by county health department—verify prior to development.

Research-indicated uses

  • Single Family Residence
  • Accessory Dwelling / Guest Units (Subject To Permits)
  • Small Scale Agriculture
  • Short Term Rental (Subject To County Rules)
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Sale history

2021-10-13$100,000
2026-03-07$225,000
Research findings & due diligence

What the research supports — and what is still worth verifying.

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
Highlights & features

What stands out about this property.

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
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Redfin / CANOPYMLS (scraped data)View source
Important: This analysis is AI-assisted using pre-scraped listing data and model knowledge. It is not a formal appraisal. Verify all critical facts before making decisions.