Iconic value-add property now available! The 1906 Pine Crest Inn has served as a cultural and social draw for the town of Tryon for decades, and welcomed guests to its 9+ acre campus, 60 seat restaurant, 36 guest accommodations, and conference / event center. The property and business closed in late 2023, is now lender-owned and available for a new steward’s vision and touches. The main Inn building serves as the functional hub of the property with inviting natural hardwood floors, a stone fireplace, lobby, dining area with commercial kitchen, and four guest accommodations. The 8 outlying cottages each feature their own unique private escapes with quaint kitchenettes, living areas, and porches with views of the grounds. Property is being sold as-is with all FF&E, and even includes EV chargers! Buyer might also consider subdivision / resale of individual units as a potential capital model. Full interior photos of main inn can be found in virtual tour below.
MLS# | 4170851 |
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Listing Type | For Sale |
Style | Hospitality |
Sub-Type | Resale |
Status | Active Under Contract |
Year | 1906 |
Days On Site | 61 |
Listing Provided By | Keller Williams Professionals | Chris Gragtmans |
Story(s) | 2 |
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Building(s) | 9 |
Zoning | M |
Acreage | 9.05 |
State | NC |
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County | Polk |
City | Tryon |
Zip Code | 28782 |
Area | Polk |
Listing VS Median (in 28782) | |
Price: $1,495,000 low | high Med: $499,999 On Site: 61 low | high Med: 118.000000 |