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$1,382,000
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Property Description
Iconic value-add property now available! The 1906 Pine Crest Inn has served as a cultural and social draw for the town of Tryon for decades, and welcomed guests to its 9+ acre campus, 60 seat restaurant, 36 guest accommodations, and conference / event center. The property and business closed in late 2023, is now lender-owned and available for a new steward's vision and touches. The main Inn building serves as the functional hub of the property with inviting natural hardwood floors, a stone fireplace, lobby, dining area with commercial kitchen, and four guest accommodations. The 8 outlying cottages each feature their own unique private escapes with quaint kitchenettes, living areas, and porches with views of the grounds. Property is being sold as-is with all FF&E, and even includes EV chargers! Buyer might also consider subdivision / resale of individual units as a potential capital model. Full interior photos of main inn can be found in virtual tour below.
Full Property Details
Full Property Details for 85 Pine Crest Lane
General
- Sold For: $1,382,000
- Status: Closed
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4170851
- Added to Site: 527 day(s) ago
Location
- County: Polk
- Complex: Pine Crest Inn
- Driving Directions: From Downtown Tryon: Turn east onto New Market Road and travel approximately 0.4mi. Turn north onto Pine Crest Lane, travel approx. 500ft and the property will be at the end of the road.
- City Limits: Yes
Heating & Cooling
- Cooling Type: Other - See Remarks
- Heating Type: Central, Electric, Other - See Remarks
Structural Information
- # Buildings: 9
- Roof: Composition
- Minimum Avail: 30,040 Sq. Ft.
- Year Built: 1906
Lot Features
- Street/Road Desc.: Paved
- Elevation (Approx.): 2000
- Lot Features: Cul-De-Sac
- Rcmdd Zoning: M
Disclosures and Reports
- Inclusions: Building, Equipment, Fixtures, Inventory, Other
- Property ID: T5-H28
- Lot Number: 298/299
Listed by Keller Williams Professionals
Sold by Tryon Horse & Home LLC
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Schools
Schools serving 85 Pine Crest Lane
School District:Polk County Schools
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 85 Pine Crest Lane
Date
Details
Price
Change
Source
10/29/2024
Sold
$1,382,000
-7.56%
MLS
8/09/2024
Listed
$1,495,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
85 Pinecrest Lane, Tryon, NC 28782 (MLS# 4170851) is a Commercial property that was sold at $1,382,000 on October 29, 2024. Want to learn more about 85 Pinecrest Lane? Do you have questions about finding other Commercial real estate for sale in Tryon? You can browse all Tryon real estate or contact a Coldwell Banker agent to request more information.

