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Active
$1,790,000 Est. $12,334/mo — Get pre-qualified
16beds 9baths 10,912sq ft 15acres

534 Preservation Trail · Sylva, NC 28779

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Turn-Key 8-Unit Investment Opportunity on 15.57 Acres with Expansion Potential. Positioned within a quiet, well-maintained gated mountain community, this 15.57-acre property presents a unique opportunity to acquire an established 8-unit residential investment with additional value-add and development potential. The property consists of two separate four-unit condominium buildings, providing a total of eight spacious 2-bedroom, 2-bath units. Each residence features high ceilings, generous living spaces, a private deck, and beautiful short- and long-range mountain views. Upper-level residences are enhanced by dramatic cathedral ceilings, while the lower condominium building features private garage space designated for each residence. The property is turn-key and positioned for immediate operation, offering flexibility for short-term vacation rentals, long-term rentals, or a combination of rental strategies, subject to applicable restrictions and regulations. Its gated setting, peaceful atmosphere, mountain views, and private outdoor spaces create an attractive environment for both vacation and residential tenants. Beyond the existing eight units, the property offers additional upside. An existing building is already in place with the potential to be converted into an additional condominium or rental unit, creating an immediate value-add opportunity. With 15.57 acres in total and substantial acreage separating the existing improvements, there may also be potential for additional residential development and construction of future units, subject to zoning, infrastructure, permitting, community restrictions, and buyer due diligence. For an investor seeking a property that combines existing income-producing improvements, turn-key rental potential, multiple buildings, significant acreage, and a potential path for future expansion, this offering provides a compelling opportunity to acquire a scalable mountain rental asset in a private gated setting. Link to Youtube video: https://youtu.be/8iGzBXznAHw

Features & Amenities

Living Area10,912 Sq.Ft.
Bedrooms16
Baths9
CoolingCentral Electric
FireplaceYes
AppliancesDishwasher, Microwave, Electric Oven/Range, Refrigerator, Washer, Dryer
Interior FeaturesCathedral/Vaulted Ceiling, Ceiling Fans, Primary w/Ensuite, Workshop
Virtual TourOpen Virtual Tour
Exterior FeaturesDeck, Gated Community
StyleContemporary,Condo,Multi-Family
RoofComposition, Fiberglass, Shingle
StatusActive
Lot Size15 Acres
SubdivisionGarnet Ridge Preservation
CountyJACKSON
Last UpdatedOct 9, 2026
SewerSeptic Tank
HOANo
ElementaryUnknown Elementary School
MiddleUnknown Middle School
HighUnknown High School
Presented By: Pinkerton & Co. Realty Group; chelsie@pinkertoncompany.com

Location

Property boundary from county GIS

Neighborhood Snapshot

U.S. Census Bureau, ACS 5-year estimates

Neighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.

Monthly Cost Estimate

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Last Updated: Oct 9, 2026