This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/50
$1,900,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/50
Property Description
Exceptional opportunity in the heart of North Carolina's High Country. Currently operating as an established Bed & Breakfast, this unique property offers a rare combination of real estate, setting, and income potential. Situated on approximately 6.27 acres with breathtaking long-range mountain views, the property features six spacious guest suites, each with private en suite baths, creating an ideal layout for short-term rental or hospitality use. Crafted with quality log construction, the lodge offers expansive gathering spaces, multiple indoor and outdoor living areas, and a commercial kitchen designed to support large groups and guest accommodations. The lower level provides additional flexibility with separate living quarters and private entrance, ideal for owner occupancy, guest overflow, or additional rental space. Outdoor features include a large parking area, beautiful natural surroundings, and multiple deck spaces that enhance the overall guest experience. Conveniently located near Boone, Blowing Rock, the Blue Ridge Parkway, and area ski resorts, this property benefits from year-round tourism and strong rental demand. In addition to its current use, the property offers versatility for a variety of potential uses including short-term rental investment, private retreat, multi-generational living, or corporate getaway. Sale includes real estate and the established Bed & Breakfast business. Property is subject to residential zoning, deed restrictions, and restrictive covenants. Buyer to verify all permitted uses, zoning, and any requirements for continued operation.
Full Property Details
Full Property Details for 315 Lazy Bear Trail
General
- Price: $1,900,000
- HOA FEE: $33/month
- HOA FEE FREQ.: Annually
- Taxes: $3,909
- Status: Active
- Type: Commercial Residential Facility
- Source: 2217
- MLS ID: 260763
- Updated: 3/28/2026
- Added to Site: 4 day(s) ago
Business
- Business Type: Bed & Breakfast
Exterior
- Exterior Features: Storage
Parking
- Parking Features: Other, Parking Lot, Parking Space(s), See Remarks
Location
- Area: 5-Watauga, Shawneehaw
- County: Watauga
- Subdivision: Lazy Bear
School Information
- Elementary School: Valle Crucis
- High School: Watauga
Community
- Community Name: 5-Watauga, Shawneehaw
- Association: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air, Propane
Utilities
- Sewer: Septic Permit 5 or More Bedroom
- Water: Private, Well
- Well: Yes
- Utility Description: High Speed Internet Available
Structural Information
- Detached/Attached: Detached
- Construction: Log, Stone Veneer, Wood Siding, Wood Frame
- Roof: Architectural, Shingle
- Stories/Levels: 2
- Square Feet: 5,205
- Year Built: 2004
Additional Structures
- Other Structures: Living Quarters, Shed(s)
Lot Features
- Lot Size (Acres): 6.27
- Lot Size: 6.27
- Frontage: Private Road, Paved
- Potential Use: Recreational
- Zoning: Residential
Financial Considerations
- Association Fee: $400
- Assoc Fee Freq.: Annually
- Tax Amount: $3,909
- Terms: Cash, Conventional, New Loan
Disclosures and Reports
- Property ID: 1980-77-8690-000
- Lot Number: 3
Listed by Keller Williams High Country
Get Pre-Approved Today
Schools
Schools serving 315 Lazy Bear Trail
School District:Watauga County Schools
| Name | Grades | Distance |
|---|---|---|
Valle Crucis Elementary 2998 Broadstone Road, Sugar Grove, NC 28679 | PK-8 | 1.4 mi |
Watauga High 300 Go Pioneers Drive, Boone, NC 28607 | 9-12 | 5.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 315 Lazy Bear Trail
Date
Details
Price
Change
Source
3/28/2026
Listed
$1,900,000
90.95%
MLS
6/26/2017
Sold
$995,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 315 Lazy Bear Trail
Year
Property Taxes
Change
Tax Assessment
Change
2022
100%
$1,229,090
19%
2021
-100%
$1,035,000
—
2020
$4,769
—
$1,035,000
—
2019
$4,769
12%
$1,035,000
—
2017
$4,251
11%
$1,035,000
—
2015
$3,837
—
$1,035,000
—
2014
$3,837
8%
$1,035,000
—
2013
$3,560
—
$1,035,000
8%
2013
$3,560
—
$956,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 315 Lazy Bear Trail
315 Lazy Bear Trail, Vilas, NC 28692 (MLS# 260763) is a Commercial Residential Facility property. 315 Lazy Bear Trail is currently listed for $1,900,000 and was received on March 28, 2026. Want to learn more about 315 Lazy Bear Trail? Do you have questions about finding other Commercial Residential Facility real estate for sale in Vilas? You can browse all Vilas real estate or contact a Coldwell Banker agent to request more information.

