252 Spencer StreetEllenboro, NC 28040
RARE RETREAT & HOSPITALITY OPPORTUNITY | 16 ACRES | SIX CABINS | SECOND BROAD RIVER | WATERFALL VIEWS An exceptional Western North Carolina retreat and recreational property where historic character, water features, accommodations and gathering spaces come together. Situated on approximately 16 acres along the Second Broad River, this distinctive property includes an approximately 4,200-SF main residence, six insulated sleeper cabins, approximately 800-SF bathhouse, 20’ x 40’ heated saltwater pool, waterfall views and extensive outdoor recreational areas. The property provides an extraordinary environment for fishing, kayaking, swimming, hiking, exploring trails, enjoying the river and gathering with family, friends or groups. The combination of Second Broad River frontage, waterfall views, trails, pool, cabins and gathering areas creates a unique recreational setting with numerous possibilities for an experienced owner/operator. Approximately $500,000 in improvements have been made since 2025, including six cabins, bathhouse, electrical, plumbing, HVAC, foundation, septic, landscaping, fencing, security gate and pool improvements. Seller reports permits and inspections associated with numerous improvements. The property currently has an established retreat operation, with approximately 15 beds/10 rooms (6 bedrooms & 5 1/2 bath in the main home), six cabins and infrastructure designed to accommodate guests and gatherings. An established business entity and related operation may be available for transfer, subject to mutually acceptable terms. With its historic residence, Second Broad River setting, waterfall views, recreational amenities, extensive improvements and proximity to Forest City and regional Western North Carolina markets, this is a highly unusual opportunity for an experienced investor or operator. SEE AGENT REMARKS REGARDING THE RECORDED DEED RESTRICTION, INTENDED USE, TITLE, FINANCING AND BUYER DUE DILIGENCE.
| 2 days ago | Price changed to $950,000 | |
| 2 days ago | Listing updated with changes from the MLS® | |
| 3 days ago | Listing first seen on site |
Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {last_incremented_at}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Properties displayed may be listed or sold by various participants in the MLS. ©2026 Canopy MLS.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to [email protected]. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Last checked - 2026-09-27 09:13 PM UTC
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.