61 Stoneridge Est

Location, location, location! The location and the potential in this home are wonderful. If you like unique, then take a look. Home is being sold as-is. This home is best suited for investors or DIYers that are cash buyers or DSCR loans. Traditional financing is not an option due to unfinished areas in the home. No owner financing. Home is currently set up as a 3 bedroom 2 bath, but plenty of room in daylight basement to add bedrooms, living space and redo the existing bathroom area. There are several improvements going on that would need your completion. This home is located in a beautiful NO HOA gated community within a short 3 minute walk to the hiking trailhead of Pinnacle Park, and is loaded with a modern characteristic. The pine hardwood floors need refinishing, but they are located throughout the home. Gorgeous hand stacked stone wall and hearth with heavy stone mantel. The cast iron gas stove stays, but will need a tank. There are cathedral ceilings in the living room, dining room, the upstairs bathroom and the 2 upstairs bedrooms. The main bedroom has new drywall and insulation and is on middle floor with an attached bathroom that needs some finish work. Kitchen is large with solid wood cabinets and a good amount of work space. A fresh coat of paint would improve their appeal. There are new electrical lines and new recessed lights in the kitchen, along with new drywall that needs paint. A separate dining room is open to the living room, and a small room off the dining room is unfinished, but could be finished as a large walk-in pantry. It formerly housed a hot tub. Laundry room has been newly dry walled, mudded and insulated but needs painting. A new fiberglass Pella window has been installed in laundry room and is lacking trim. Plumbing box in laundry was moved lower so it doesn’t show, and plumbing line has been properly drained into the septic. One of the windows on west side of the home needs replacing, along with the framing, and the base and front porch posts need to be replaced. The home faces south, so lots of natural light. The metal roof isn’t pretty, but there are no leaks. An unfinished daylight basement is large with access to the backyard. An outdoor fireplace would be perfect here. The basement is plumbed for a bathroom refresh and plumbed for a new downstairs kitchen, if desired. Nice one acre +/- lot with peaceful creek running through the property. Property is close to everything in Sylva...shopping, restaurants, hospital/medical facilities and the major access to Waynesville/Asheville or Franklin/Atlanta, Bryson City and beyond. Buyer paid realtors are welcome. There are currently tenants with short terms leases. Being so close to the trailhead, the property would make 2 nice short term rentals once complete. Or, if you wish to flip, I’ve priced it competitively for ARV equity. Homes in the neighborhood are currently valued between the high $400s and $600s. Currently no showings due to gate and tenants, but if you have an interest and are a qualified buyer, please call or text me at my # below, and I will make arrangements to schedule. If you get my voicemail, please leave a message. My job has me on the phone a lot, but I will call you back quickly. Please don’t use the email function of Zillow, as those emails do not come to me.