$1,795,000
( $344.86Per Sq Foot )
 $9,636 est/mo Sourced by Back At You

315 Lazy Bear Trail,Vilas, NC 28692

Vilas, NC 28692

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Description

Exceptional opportunity in the heart of North Carolina’s High Country. Currently operating as an established Bed & Breakfast, this unique property offers a rare combination of real estate, setting, and income potential. Situated on approximately 6.27 acres with breathtaking long-range mountain views, the property features six spacious guest suites, each with private en suite baths, creating an ideal layout for short-term rental or hospitality use. Crafted with quality log construction, the lodge offers expansive gathering spaces, multiple indoor and outdoor living areas, and a commercial kitchen designed to support large groups and guest accommodations. The lower level provides additional flexibility with separate living quarters and private entrance, ideal for owner occupancy, guest overflow, or additional rental space. Outdoor features include a large parking area, beautiful natural surroundings, and multiple deck spaces that enhance the overall guest experience. Conveniently located near Boone, Blowing Rock, the Blue Ridge Parkway, and area ski resorts, this property benefits from year-round tourism and strong rental demand. In addition to its current use, the property offers versatility for a variety of potential uses including short-term rental investment, private retreat, multi-generational living, or corporate getaway. Sale includes real estate and the established Bed & Breakfast business. Property is subject to residential zoning, deed restrictions, and restrictive covenants. Buyer to verify all permitted uses, zoning, and any requirements for continued operation.

Details

MLS #260763
Listing TypeFor Sale
StyleBuildinglandbusiness
HOA Dues$400
Sub-TypeResale
Year2004
Days On Site148
Listing Provided ByKeller Williams High Country | Christy Lombardozzi

Features

SQ Feet5,205
Story(s)2
ZoningResidential
Acreage6.27

Interior

Cooling Yes / NoYes
CoolingCentral Air
Heating Yes / NoYes
HeatingForced Air, Propane

Exterior

Exterior FeaturesStorage
RoofArchitectural, Shingle
Construction MaterialsLog, Stone Veneer, Wood Siding, Wood Frame

Parking

Parking FeaturesOther, Parking Lot, Parking Spaces, See Remarks

Utilities

UtilitiesHigh Speed Internet Available
SewerSeptic Permit5Or More Bedroom

Taxes

Tax Annual Amount3909
Tax Book Number1925/279
Tax Lot3

Location

Community FeaturesLong Term Rental Allowed, Short Term Rental Allowed

Area Information

StateNC
CountyWatauga
CityVilas
Zip Code28692
Area5 Watauga | Shawneehaw
Community NameLazy Bear
School DistrictWatauga
Elementary SchoolValle Crucis
High SchoolWatauga
Listing VS Median (in Lazy Bear)
Price:
$1,795,000
low | high
Med:
$1,795,000
50% of Average
sqft:
5,205
low | high
Med:
5,078
52.449567723343% of Average
$ / sqft:
$345
low | high
Med:
$354
47.424242424242% of Average
On site:
148
low | high
Med:
151.5
97.689768976898% of Average
Sourced by Back At You

Market Activity 28692

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Learn More About This Property

StateNC
CountyWatauga
CityVilas
Zip Code28692
Area5 Watauga | Shawneehaw
Community NameLazy Bear
School DistrictWatauga
Elementary SchoolValle Crucis
High SchoolWatauga
Listing VS Median (in Lazy Bear)
Price:
$1,795,000
low | high
Med:
$1,795,000
50% of Average
sqft:
5,205
low | high
Med:
5,078
52.449567723343% of Average
$ / sqft:
$345
low | high
Med:
$354
47.424242424242% of Average
On site:
148
low | high
Med:
151.5
97.689768976898% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.346M - $2.243M
sqft: 3,500 - 6,500
Nearby Listings Property ImageNearby Listings Details
315 Lazy Bear Trail Property Photo 1
$1,795,000
315 Lazy Bear Trail
Vilas, NC 28692
Listing Updated: August 22, 2026 at 5:40:21 AM PDT