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16 Beds
9 Baths
10,912 sqft

$1,790,000

534 Preservation Trail, Sylva NC, 28779

Price per sqft$164.04
Built in2007
Property size10,912 sqft
Property typeMulti-family

Overview

Active

Listed Sep 19, 2026

Updated Sep 20

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

$11,909/mo

Est. mortgage payment based on a $1,790,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26048541

Interior Features

Bedrooms
16
Bathrooms
9
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
15.57 Acres

Other Property Details

Taxes
$10,894
Tax Frequency
Annually
Association Fee Frequency
Quarterly
Garage
Yes
View
Yes
Municipality
Savannah (Jackson Co.)
55+/Senior Community
No

Courtesy of Pinkerton & Co. Realty Group, David Pinkerton,
Listing Contact: 8286341368 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Sheila Myers shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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