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634 & 636 Watauga River Road

Sugar Grove, NC 28679

$2,500,000 $10,540/Mo

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Overview

Bed

Bath

1,141

Sqft

13.77

Acres(Lot)

Description

Rare Riverfront Retreat in Historic Valle Crucis Known as the "Moon River Retreat". Experience the quintessential High Country lifestyle with this extraordinary dual-residence estate. Spanning over 13 pristine acres in the highly coveted Valle Crucis area, this property offers a rare combination of immediate rental income and limitless future development. The Residences & Infrastructure - The property features two charming, well-maintained rental cabins, perfect for short-term vacation hosting, long-term leasing, or a multi-family family compound. Two Fully Functional Cabins: Both homes capture the rustic elegance of the mountains, offering cozy interiors and peaceful porch views. The Barn: A sturdy, functional barn stands ready for equipment storage or with vision could b ecome a beautiful venue for events Expansion Potential: With over 13 acres of versatile terrain, the land boasts multiple prime building sites. Whether you dream of a grand estate overlooking the water or a cluster of boutique rental cottages, the "bones" of this land are ready. Unbeatable Waterfront & Location - Waterfront properties in Valle Crucis are a vanishing breed. This acreage provides direct, private access to the Watauga River, a premier destination for fly fishing, kayaking, and riverside relaxation. River Frontage: Step out of your door and onto the banks of one of the region’s most storied waterways. Historic Valle Crucis: Located just minutes from the Original Mast General Store and the Valle Crucis Community Park, you are in the heart of this beautiful and historic community! Privacy & Proximity: Enjoy total seclusion on your private acreage while remaining a short drive from the dining and amenities of Boone and Banner Elk. Opportunities to own significant riverfront acreage in the Valle Crucis corridor are exceptionally rare. Whether you are an investor looking for a high-yield portfolio addition or a visionary looking to build a private mountain sanctuary, 634 & 636 Watauga River Rd is a must-see. Schedule your private tour today to walk the riverbanks and explore the endless possibilities of this Appalachian gem.

Property Details

Property Type : Residential

Price : $2,500,000

AD Id : 78335368

MLS Id : 261277

Beds : 2

Lot Size : 13.77 Acres

Living Area Size : 1,141

Year Built : 2020

County : Watauga

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 2

Bathroom Information

Total Baths: 2 Full Baths: 2

Room Information

Has Basement: Yes Basement: Crawl Space, Finished
Roofing Information

Metal
Interior Features

Vaulted Ceiling(s), High Speed Internet Roof: Metal Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Range, Microwave, Refrigerator, Washer, Water Heater Laundry Features: Main Level
Heating & Cooling

Has Heating: Yes Heating: Electric, Fireplace(s), Heat Pump Has Cooling: Yes Water front: 1

Building Information

Year Built: 2020 Construction Materials: Wood Siding, Frame Stories: 2 Patio And Porch Features: Covered Private Pool: No Water front Features: River Front, River Access View: Mountain(s), Pasture, River

Lot Information

Main Square Feet: 13.765 Acres Lot Size Acres: 13.765

Property Information

Subdivision: None Source Property Type: Residential MLS Area Minor: Valle Crucis Property SubType: Single Family Residence Levels: Two Property Age: 6

Listing Price Information

Listing Price: $2500000 Cash, Conventional

Tax Information

Parcel Number: 1971-71-0265-000 Annual Tax: $2548

Parking Information

Gravel, Driveway, Private

School Information

Elementary School: Valle Crucis

Junior High School:

Senior High School: Watauga
Utility Information

Cable Available
Location Information

WaterSource: Shared Well

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ByOwner last updated this listing 06/14/2026 @ 07:21

MLS: 261277 LISTED BY: Josh Honeycutt, Howard Hanna Allen Tate Real Estate Blowing Rock 828-295-7337 SOURCE: High Country Association of REALTORS