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27023313
23542428

6572 Burkemont Rd, Morganton, NC 28655

KL
NC 263295
True North Realty
Listed by True North Realty
$2,700,000
375 days on market
Updated 36 days ago

Fully Operational - Turnkey Wedding Venue with Mountain View

Details
APN 1790-73-6991
Property Type Hospitality, Special Purpose (+1)
Sub Type Business and Building, Event Venue (+1)
Square Footage 4,790
Net Rentable (SqFt) 4,790
Units 2
Cap Rate 6.79%
Pro-Forma Cap Rate 6.79%
Price per SqFt $564
Broker Co-Op Yes
Class C
Year Built 2017
Year Renovated 2024
Buildings 2
Stories 1
Acreage 10.250
Zoning R-MU
Investment Type Stabilized
Ceiling Height 18 Ft
Ownership Investment

Turnkey Wedding & Event Venue with Mountain Views on 10+ Acres – Fully Operational with Established

Marketing description

Perched at a breathtaking 2,539 ft elevation, Hidden Hill Venue & Conference Center offers panoramic views of Grandfather Mountain, Lake James, Mount Mitchell, and the Black Mountain Range. This fully operational, turnkey event venue is a rare opportunity for both continued commercial use or conversion into a private luxury estate.

The crown jewel of the property is a 4,790 sq ft barn-style structure, built in 2017, that artfully blends the charm of a southern estate with modern open-concept functionality. Designed to impress, the venue features soaring ceilings, upscale finishes, and seamless indoor-outdoor flow, creating a picture-perfect setting for weddings, retreats, and high-end gatherings.

Recent 2024 updates include:

  • A new extended patio ($20K)

  • Fresh sealcoat on the driveway

  • Underground drain system installation

  • New sod across 40% of the front yard

  • New booster pump, sprinkler pump, and water pressure tank

  • HVAC unit upgraded with a new compressor

The property also boasts a 70-car parking lot, established vendor relationships, and a loyal client base, with events already booked for the upcoming season. Conveniently located between Asheville and Charlotte, this venue combines serenity with accessibility.

Whether you're looking to expand your event portfolio or envision a mountaintop estate to call your own, Hidden Hill is a versatile, income-producing asset with exceptional upside.

Investment highlights

Investment Highlights
  • Turnkey Income-Producing Asset
    Fully operational and furnished event venue with weddings and events already booked—generating immediate cash flow for new ownership.

  • Premium Construction & Design
    4,790 SF custom-built barn-style structure (2017) featuring open-concept interiors, upscale finishes, vaulted ceilings, and seamless indoor-outdoor event flow.

  • Stunning Location & Views
    Situated at 2,539 ft elevation with panoramic views of Grandfather Mountain, Lake James, Mount Mitchell, and the Black Mountain Range—offering a unique and highly desirable setting.

  • Extensive 2024 Capital Improvements
    Includes new extended patio ($20K), sealcoated driveway, new underground drainage system, fresh sod, new sprinkler and booster pumps, and HVAC compressor replacement—reducing near-term capital expenditures.

  • Established Brand & Vendor Network
    Loyal client base with repeat referrals, established relationships with local vendors, and a growing reputation in the regional wedding and event market.

  • Strategic Accessibility
    Conveniently located between Asheville and Charlotte—accessible to both regional guests and destination clients.

  • Ample On-Site Parking
    70-car private parking lot supports large-scale events without the need for off-site arrangements.

  • Adaptive Reuse Potential
    Flexibility to maintain as an event venue or convert to a luxury private estate, retreat center, or boutique hospitality use.


Listing Contacts

KL
NC 263295
True North Realty
Listed by True North Realty

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Additional Information

Name
Cortney Robinson
License
342473
Brokerage
True North Realty
Brokerage Phone
828.307.0099
Title
Broker of Record
Brokerage Address
1 N Center St Suite 240 Hickory NC 28601
Name
KATIE LAMBOGLIA
License
263295
Brokerage
True North Realty
Brokerage Phone
8283070099
Brokerage Address
1 North Center Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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