1 of 50
634 & 636 Watauga River
Sugar Grove, NC
$2,500,000
Beds: 2
Full Baths: 2
Sq ft: 1141
Acreage: 13.765
Elementary School: Valle Crucis
Year Built: 2020
MLS #: 261277

Details & Amenities

Rare Riverfront Retreat in Historic Valle Crucis Known as the "Moon River Retreat". Experience the quintessential High Country lifestyle with this extraordinary dual-residence estate. Spanning over 13 pristine acres in the highly coveted Valle Crucis area, this property offers a rare combination of immediate rental income and limitless future development. The Residences & Infrastructure - The property features two charming, well-maintained rental cabins, perfect for short-term vacation hosting, long-term leasing, or a multi-family family compound. Two Fully Functional Cabins: Both homes capture the rustic elegance of the mountains, offering cozy interiors and peaceful porch views. The Barn: A sturdy, functional barn stands ready for equipment storage or with vision could become a beautiful venue for events Expansion Potential: With over 13 acres of versatile terrain, the land boasts multiple prime building sites. Whether you dream of a grand estate overlooking the water or a cluster of boutique rental cottages, the "bones" of this land are ready. Unbeatable Waterfront & Location - Waterfront properties in Valle Crucis are a vanishing breed. This acreage provides direct, private access to the Watauga River, a premier destination for fly fishing, kayaking, and riverside relaxation. River Frontage: Step out of your door and onto the banks of one of the region’s most storied waterways. Historic Valle Crucis: Located just minutes from the Original Mast General Store and the Valle Crucis Community Park, you are in the heart of this beautiful and historic community! Privacy & Proximity: Enjoy total seclusion on your private acreage while remaining a short drive from the dining and amenities of Boone and Banner Elk. Opportunities to own significant riverfront acreage in the Valle Crucis corridor are exceptionally rare. Whether you are an investor looking for a high-yield portfolio addition or a visionary looking to build a private mountain sanctuary, 634 & 636 Watauga River Rd is a must-see. Schedule your private tour today to walk the riverbanks and explore the endless possibilities of this Appalachian gem.
Roof:
Metal
Parking:
Driveway, Gravel, Private
Exterior:
Hot Tub Spa, Gravel Driveway
Fireplace:
Two, Gas, Stone, Vented, Propane
Heat:
Electric, Fireplaces, Heat Pump
Air Condition:
Two Units
Property Type:
Residential
Style:
Mountain
This property is a listing of Howard Hanna Allen Tate Real Estate Blowing Rock.
© 06/19/2026 Multiple Listing Service of the High Country Association of REALTORS®, Inc. All rights reserved.