***MOTIVATED SELLER*** This exceptional 26.8-acre waterfront property offers a unique investment opportunity with multiple revenue streams. The luxurious vacation rental home, built in 2019, spans 4,839 sqft and features 4 bedrooms, 4.5 bathrooms, 3 floors, and a 2-car garage. It frequently rents on Airbnb for $475 per night and offers stunning marina views, and sunsets over the river from the living room and oversized hot tub. The 3,342 sqft restaurant/bar, formerly operated as Charlie's On Sunset Cove, generated nearly $1.5 million in revenue with a net profit of almost $300,000 in its first year in 2023. It was just closed a few weeks ago by the owner to prepare for sale. It boasts a nicely furnished dining area, a perfectly situated bar, and a back patio with stunning views of the marina and river. The marina includes a boat ramp, and has a sandy beach on the river. The boat docks could be re-installed, and the marina re-activated, to generate income from boat parking. The 7,500 sqft barn provides ample storage for boats, jet skis, or maintenance equipment, or could be rented out for extra income. There is also an additional 10 acres on the north part of the property, offering many possibilities for development, such as a campground. The property consists of two parcels: 1111 Sunset Drive, a 2-acre parcel where the house is at, and 1109 Sunset Drive, a 24.8-acre parcel with the restaurant, marina, barn, and additional 10 acres.
Based on information submitted to the MLS GRID as of 09/24/2024 05:09 PM. 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.
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