
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,215 sqft
Price per Sqft $451
MLS Listing ID 263081
Style Log Home,Mountain
Bedrooms 3
Full Baths 2
Half Baths 1
HOA Y/N No
Abv Grd Liv Area 2,215
Year Built 2002
Annual Tax Amount $1,717
Lot Size 7.330 Acres
Acres 7.33
Property Sub-Type Single Family Residence
Property Description
The centerpiece of the property is a furnished 3-bedroom, 2.5-bath log cabin offering more than 2,200 square feet of living space with a desirable open floor plan and convenient one-level living. The main living area features vaulted ceilings, warm wood accents, abundant windows for natural light, and a gas fireplace that creates a comfortable mountain atmosphere. The main level also includes a generously sized living room, dining area, pantry, laundry room, guest half bath, and spacious primary suite with en-suite bathroom and walk-in closet.
A large 550+ square foot deck is accessible from both the main living area and primary bedroom, providing excellent outdoor living space surrounded by the property's natural mountain setting. Wiring is already in place for a hot tub. Upstairs are two additional bedrooms, a full bathroom, and a large loft area offering flexible space for guests, an office, game room, or second living area.
A basement garage/workshop offers valuable space for vehicles, outdoor equipment, hobbies, or recreational gear. Outdoor living areas provide opportunities to relax and take in the surrounding woods, seasonal mountain scenery, and natural beauty of the property.
The land is an especially distinctive part of this offering, with a mix of flat and gently sloping terrain, mature woods, beautiful rock outcroppings, a mountain creek, and potential additional building sites. Seasonal mountain views may be enhanced with selective tree work. The property's two-parcel configuration provides additional flexibility for future use or expansion, subject to applicable approvals.
Located approximately midway between Boone and Banner Elk, this Foscoe property offers convenient access to many of the High Country's most popular destinations, including Grandfather Mountain, the Blue Ridge Parkway, Valle Crucis, skiing, hiking, dining, shopping, vineyards, and year-round recreation.
With light Foscoe-Grandfather zoning, no HOA, no deed restrictions, and both short- and long-term rentals permitted, this property offers unusual flexibility for personal use, investment, or future buildout. Whether you are searching for acreage, privacy, unrestricted mountain property, development flexibility, or a furnished cabin with room to grow, 321 Grays Shadow Lane offers a rare opportunity to own a substantial piece of the High Country in an exceptional location.
Location
State NC
County Watauga
Community Long Term Rental Allowed, Short Term Rental Allowed
Area 5-Watauga, Shawneehaw
Rooms
Basement Other, See Remarks, Unfinished
Interior
Interior Features Furnished, Vaulted Ceiling(s)
Heating Electric, Fireplace(s), Heat Pump
Cooling Heat Pump
Fireplaces Type Gas, Propane
Fireplace Yes
Appliance Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Washer
Laundry Washer Hookup, Dryer Hookup, Main Level
Exterior
Exterior Feature Gravel Driveway
Parking Features Basement, Driveway, Garage, Two Car Garage, Gravel, Other, Private, Shared Driveway, See Remarks
Garage Spaces 2.0
Garage Description 2.0
Community Features Long Term Rental Allowed, Short Term Rental Allowed
Utilities Available Cable Available, High Speed Internet Available, Septic Available
View Y/N Yes
Water Access Desc Other,See Remarks,Well
View Mountain(s), Seasonal View
Roof Type Asphalt,Shingle
Porch Open
Building
Story 2
Entry Level Two
Foundation Basement
Sewer Septic Tank
Water Other, See Remarks, Well
Architectural Style Log Home, Mountain
Level or Stories Two
Schools
Elementary Schools Valle Crucis
High Schools Watauga
Others
Tax ID 1878418765000
Acceptable Financing Cash, Conventional, New Loan
Listing Terms Cash, Conventional, New Loan

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