Rutherfordton · Rutherfordton, NC
138 Elliott Lane
Rutherfordton, NC · 2,494 sqft
$470,000
- 3Beds
- 2Baths
- 2,494SqFt
- 2003Year
- 2Lot
- 1Days on market
About this home
Welcome to your own private countryside retreat, where peaceful living, equestrian lifestyle, and exceptional investment potential come together. Nestled within a gated community in a quiet, safe neighborhood, this secluded 2-acre property offers breathtaking countryside views, mature trees, and the rare opportunity to keep up to two horses.
Ideally located just minutes from the renowned Tryon International Equestrian Center and charming Tryon, this property is perfectly suited for horse enthusiasts, competitors, spectators, and visitors seeking the best of Western North Carolina living. Its highly desirable location has also produced proven vacation rental income, making it an attractive opportunity for investors or owners looking to generate supplemental revenue.
The thoughtfully maintained 2494-square-foot home features 3 bedrooms and 2 bathrooms, including a beautifully renovated bathroom and fresh interior paint throughout. Spacious living areas provide comfort and flexibility for full-time living, a vacation getaway, or short-term rental use.
Outdoor living is where this property truly shines. Enjoy morning coffee or evening gatherings on the screened-in porch overlooking the natural beauty of the property, host family and friends around the fire pit, or unwind beside the picturesque koi pond. The peaceful setting offers unmatched privacy while remaining conveniently close to local dining, shopping, wineries, and equestrian events.
An oversized garage provides abundant space for vehicles, equipment, recreational gear, hobbies, or workshop needs. With a successful vacation rental history and additional income-producing possibilities, this property presents exceptional potential for multiple revenue streams, including double rental income opportunities.
Whether you're searching for a private equestrian homestead, a mountain getaway, or an income-producing investment near one of the nation's premier equestrian destinations, this unique property offers a rare combination of tranquility, convenience, and financial opportunity.
Property Highlights 2-acre equestrian property allowing up to 2 horses / Proven vacation rental income history / Potential for multiple income streams / Minutes from Tryon International Equestrian Center / Convenient to downtown Tryon, restaurants, shops, wineries, and equestrian events / 2494sq. ft. / 3 bedrooms, 2 bathrooms / Renovated bathroom / Fresh interior paint / Gated community / Quiet, safe, and private setting / Expansive scenic countryside views / Mature trees and natural surroundings / Oversized garage / Screened-in porch / Fire pit and beautiful koi pond / Double rental income potential
Property details
- Beds
- 3
- Baths
- 2
- SqFt
- 2,494
- Lot
- 2
- Year built
- 2003
- Type
- Single Family
- Days on market
- 1
- Garage
- 2
- Heating
- Electric
- Cooling
- Central Air
- Foundation
- Crawl Space
- HOA dues
- $500 / yr
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance, HOA
$3,500/ month
- Principal & interest
- $2,910
- Property tax (~1.05%)
- $411
- Homeowners insurance
- $137
- HOA dues
- $41
Down payment
$23,500 down · $446,500 financed
Income to qualify (28% rule)
~$150,036 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.