About This Home

This 16-bedroom, 9-bathroom condo at 534 Preservation Trail in Sylva, NC is listed for $1,790,000 ($164 per sqft). Built in 2007, the home offers 10,912 sqft of living space on a 15.57 acres lot.

Key Features

  • Built in 2007
  • 15.57 acre lot
  • Fireplace

Property Details

9 full
1-car garage
2007

Amenities

FireplaceA/C
Listing Description

Turn-Key 8-Unit Investment Opportunity on 15.57 Acres with Expansion Potential. Positioned within a quiet, well-maintained gated mountain community, this 15.57-acre property presents a unique opportunity to acquire an established 8-unit residential investment with additional value-add and development potential.

The property consists of two separate four-unit condominium buildings, providing a total of eight spacious 2-bedroom, 2-bath units. Each residence features high ceilings, generous living spaces, a private deck, and beautiful short- and long-range mountain views.

Upper-level residences are enhanced by dramatic cathedral ceilings, while the lower condominium building features private garage space designated for each residence. The property is turn-key and positioned for immediate operation, offering flexibility for short-term vacation rentals, long-term rentals, or a combination of rental strategies, subject to applicable restrictions and regulations.

Its gated setting, peaceful atmosphere, mountain views, and private outdoor spaces create an attractive environment for both vacation and residential tenants. Beyond the existing eight units, the property offers additional upside. An existing building is already in place with the potential to be converted into an additional condominium or rental unit, creating an immediate value-add opportunity.

With 15.57 acres in total and substantial acreage separating the existing improvements, there may also be potential for additional residential development and construction of future units, subject to zoning, infrastructure, permitting, community restrictions, and buyer due diligence.

For an investor seeking a property that combines existing income-producing improvements, turn-key rental potential, multiple buildings, significant acreage, and a potential path for future expansion, this offering provides a compelling opportunity to acquire a scalable mountain rental asset in a private gated setting. Link to Youtube video:

Monthly Cost Estimate

$11,493/mo

20% down · 6.5% · 30 years

Principal$1,295
Interest$7,757
Insurance$522
HOA$1,920

Estimates only. Actual payments may vary.

Location

534 Preservation Trail

Sylva, NC 28779

Garnet Ridge Preservation

Features & Amenities

Interior Features

Cathedral/Vaulted CeilingCeiling Fan(s)Primary w/EnsuiteWorkshop

Property Details

Flooring

Tile - CeramicVinyl

Construction

Composition Siding Hardboard

Outdoor Features

Deck

Parking

Garage - DetachedOther

Heating

Electric (Heating)

Cooling

ElectricCentral Air

Appliances

Electric Water HeaterDishwasherMicrowaveElectric Oven/RangeRefrigeratorWasherDryer

Questions & Answers

This 16-bedroom, 9-bathroom condo at 534 Preservation Trail is listed at $1,790,000 ($164/sqft). The estimated monthly payment is $11,493 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $1920/month.

Key features include: Built in 2007, 15.57 acre lot, Fireplace. Interior Features: Cathedral/Vaulted Ceiling, Ceiling Fan(s), Primary w/Ensuite.

This property is listed by David Pinkerton.

DP

David Pinkerton

Agent at Pinkerton & Co. Realty Group

Listed by Pinkerton & Co. Realty Group · Broker phone: 8286341368 · View on Broker Site

MLS# 26048541· Source: Carolina Smokies Association of Realtors· 4 days on PropertySimple

Copyright © 2026 Carolina Smokies Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

534 Preservation Trail, Sylva, NC 28779

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