About 40-84 Spotted Bear Lane
HIGHLANDS UNICORN ALERT: Unrestricted (STR), two-property assemblage, within five minutes (2.5 miles) of main street. Chinquapin Lodge and Tall Timber Cabin pair Highlands’ charm with resort-style fun, offering hot tubs, fire pits, outdoor dining, EV chargers, and two fantastic game rooms, among other delights. Remodeled and expanded in recent years, the homes feel both spacious (4,800+/- SF total) and cozy, offering five ensuite bedrooms and six full bathrooms. Linked by a short path but well screened from each other, the pair is perfect for hosting multiple families but also represents two perfectly independent and self-contained homes. Sold completely furnished and truly turn-key, the two combined for $137,000+ in revenue over the last year (docs on file) despite heavy use by family and friends. Air DNA Subscription reporting service projects combined revenue of $158,900 if made available year-round (on file). Unrestricted properties this close to town have rarely been listed since implementation of the city’s short-term rental ban. Multi-property offerings of this quality and character are rarer still. The combination is likely unprecedented. Most Highlands homes are more of an indulgence than an investment. This one is both—a refined retreat with a compelling income stream.
Features of 40-84 Spotted Bear Lane
| MLS® # | 1001878 |
|---|---|
| Price | $2,050,000 |
| Bedrooms | 5 |
| Full Baths | 6 |
| Acres | 1.39 |
| Year Built | 1975 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Cabin, Cottage |
| Status | Active |
Community Information
| Address | 40-84 Spotted Bear Lane |
|---|---|
| Area | Highlands |
| Subdivision | 05018 |
| City | Highlands |
| County | Macon |
| State | NC |
| Zip Code | 28741 |
Amenities
| Utilities | Electricity Connected, High Speed Internet Available, Satellite Internet Available |
|---|---|
| Parking | Driveway, Open, Private |
| View | Trees/Woods |
| Is Lakefront | No |
| Lakefront | None |
Interior
| Interior | Concrete, Painted/Stained, Tile, Wood |
|---|---|
| Interior Features | Ceiling Fan(s), Eat-in Kitchen, Granite Counters, High Ceilings, Jetted Tub, Open Floorplan |
| Appliances | Stainless Steel Appliance(s) |
| Heating | Central, Ductless, Multi-Fuel |
| Cooling | Central Air |
| Has Basement | No |
| Basement | Exterior Entry, Bath/Stubbed |
| Fireplace | Yes |
| Fireplaces | Gas Log |
| # of Stories | 3 |
| Stories | Three Or More |
Exterior
| Exterior Features | Courtyard, Fire Pit, Lighting, Outdoor Grill, Private Entrance, Private Yard |
|---|---|
| Lot Description | Back Yard, Flag Lot, Landscaped, Private, Secluded, Sloped |
| Roof | Shingle |
| Foundation | Block |
Additional Information
| Date Listed | September 19th, 2025 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Highlands Sotheby's International Realty - DT |
|---|