$2,500,000
 $13,421 est/mo Sourced by Back At You

634 & 636 Watauga River Road,Sugar Grove, NC 28679

Sugar Grove, NC 28679

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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 become 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.

Details

MLS #261277
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
Year2020
Days On Site143
Listing Provided ByHoward Hanna Allen Tate Real Estate Blowing Rock | Josh Honeycutt

Features

Bed(s)2
Bath(s) 2 Total
SQ Feet1,141
BasementY
Story(s)2
Acreage13.77
Water FrontYes
Property ViewYes

Interior

Cooling Yes / NoYes
CoolingTwo Units
Heating Yes / NoYes
HeatingElectric, Fireplaces, Heat Pump
Interior FeaturesFurnished, Hot Tub Spa, Vaulted Ceilings
AppliancesDryer, Dishwasher, Electric Cooktop, Electric Range, Microwave, Refrigerator, Washer, Water Heater
Fireplace FeaturesTwo, Gas, Stone, Vented, Propane
Fireplace Yes / NoYes
Fireplaces Total2
Laundry FeaturesMain Level

Exterior

Exterior FeaturesHot Tub Spa, Gravel Driveway
RoofMetal
Construction MaterialsWood Siding, Wood Frame
Foundation DetailsBasement

Parking

Parking FeaturesDriveway, Gravel, Private

Utilities

UtilitiesCable Available, High Speed Internet Available
SewerSeptic Permit4Bedroom, Shared Septic

Taxes

Tax Annual Amount2548
Tax Book Number2067/442

Location

Community FeaturesFishing, River, Long Term Rental Allowed, Short Term Rental Allowed

Area Information

StateNC
CountyWatauga
CitySugar Grove
Zip Code28679
Area5 Watauga | Shawneehaw
SubareaValle Crucis
School DistrictWatauga
Elementary SchoolValle Crucis
High SchoolWatauga
Listing VS Median (in 28679)
Price:
$2,500,000
low | high
Med:
$799,000
100% of Average
sqft:
1,141
low | high
Med:
3,079
100% of Average
$ / sqft:
$2,191
low | high
Med:
$261
100% of Average
On site:
143
low | high
Med:
276
51.811594202899% of Average
Sourced by Back At You

Market Activity 28679

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Learn More About This Property

StateNC
CountyWatauga
CitySugar Grove
Zip Code28679
Area5 Watauga | Shawneehaw
SubareaValle Crucis
School DistrictWatauga
Elementary SchoolValle Crucis
High SchoolWatauga
Listing VS Median (in 28679)
Price:
$2,500,000
low | high
Med:
$799,000
100% of Average
sqft:
1,141
low | high
Med:
3,079
100% of Average
$ / sqft:
$2,191
low | high
Med:
$261
100% of Average
On site:
143
low | high
Med:
276
51.811594202899% of Average
Sourced by Back At You
Listing Updated: October 6, 2026 at 9:36:17 AM PDT