2541 Dellwood Road
Flexible Four-Unit Mixed-Use Investment Opportunity | High-Visibility Corridor
Marketing description
Unlock the possibilities with this versatile multi-unit property offering a unique blend of residential, commercial, and investment potential. Featuring four units, the property includes three finished units—a 2-bedroom, 2-bath, a 1-bedroom, 1-bath, and a studio—plus an unfinished studio ready for your vision. An additional storage area provides valuable space for owners or tenants. Ideally located just minutes from Lake Junaluska along a well-traveled corridor connecting Lake Junaluska and Maggie Valley, the property offers excellent visibility and convenient access. With well and septic currently in place, buyers also have the option to connect to public water and sewer if desired. The site previously accommodated additional structures, presenting the potential for future expansion, subject to buyer verification and approval of all necessary permits. Whether you're seeking rental income, employee housing, a live/work opportunity, office space, or a mixed-use investment, this property offers exceptional flexibility. Rare opportunities with this combination of location, income potential, and development possibilities are hard to find in Haywood County.
Investment highlights
Four-Unit Property featuring three completed units (2BR/2BA, 1BR/1BA, and studio) plus one unfinished studio ready for customization.
Multiple Income Streams with flexible configurations suitable for residential rentals, short-term lodging (subject to local regulations), office, retail, employee housing, or owner occupancy.
Prime Haywood County Location positioned along the heavily traveled corridor connecting Lake Junaluska and Maggie Valley with excellent visibility and accessibility.
Value-Add Opportunity through completion of the unfinished studio and potential property enhancements.
Expansion Potential on a site that previously accommodated additional structures, offering redevelopment possibilities subject to buyer due diligence, permitting, and governmental approvals.
Existing Infrastructure with private well and septic currently serving the property, plus the option to connect to public water and sewer.
Additional Storage Space provides added utility for owners, tenants, or business operations.
Ideal Live/Work Environment allowing owners to occupy one unit while generating income from the remaining units.
Versatile Commercial Potential suitable for professional offices, service businesses, boutique retail, or mixed-use occupancy, subject to zoning and permitted uses.
Strong Investment Appeal with a rare combination of existing cash-flow potential, value-add upside, and future development opportunities in one of Haywood County's most desirable growth corridors.
Listing Contacts
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
