About 691 Bear Road
Rare 3.5-Acre Multi-Structure 4,099 square foot Estate on 2 LOTS with $4000+ Monthly Revenue Potential. Discover an unmatched income-generating retreat or multi-generational compound across two distinct lots. LOT 1 (1.5 Acres): The Architectural Main Residence The centerpiece is a stunning 2,579 sq. ft. A-frame, completely renovated offering Bohemian Grandeur. • Stats: 2 Bed, 2.5 Bath, Recent Roof and siding, Recent AC, & Water Heater. • Features: Massive open-concept living, culinary kitchen with new appliances and an oversized primary suite. The new 800 sq. ft. deck offers tranquil views of the private woods and creek beyond. LOT 2 (2 Acres): The Income Engine Maximize your ROI with two additional structures designed for the high-demand STR (Short Term Rental) market. • The Guest House: A fully functional 800 sq. ft. home (1 Bed, 1 Bath) currently generating $2,000per mo. in Airbnb revenue and featuring a kitchenette, downstairs living, and a private upstairs suite with a signature al fresco soaking tub. • The Dome: A 720 sq. ft. air-conditioned dome style retreat, currently used as a studio with bathroom. With flexible zoning potential and established revenue, this property is a partial turnkey solution for an owner-occupant looking to cover a part of investment with STR income, or an investor seeking a unique portfolio with growth potential.
Features of 691 Bear Road
| MLS® # | 21142262 |
|---|---|
| Price | $799,000 |
| Bedrooms | 4 |
| Bathrooms | 4.10 |
| Full Baths | 4 |
| Half Baths | 1 |
| Square Footage | 4,099 |
| Acres | 3.50 |
| Year Built | 1989 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | A-Frame, Geo/Dome |
| Status | Active |
Community Information
| Address | 691 Bear Road |
|---|---|
| Subdivision | David C Wilson A-G1331 |
| City | Van Alstyne |
| County | Grayson |
| State | Texas |
| Zip Code | 75495 |
Amenities
| Utilities | Asphalt, City Water, Septic |
|---|---|
| Garages | Aggregate, Circular Driveway, Driveway |
| Is Waterfront | No |
| Waterfront | Creek |
| Has Pool | No |
Interior
| Interior Features | Cable TV Available, High Speed Internet Available, Open Floorplan, Pantry |
|---|---|
| Heating | Electric, Heat Pump |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| Fireplaces | Family Room, Wood Burning Stove |
Exterior
| Exterior Features | Balcony, Covered Deck, Covered Patio/Porch, Rain Gutters, Private Yard |
|---|---|
| Lot Description | Acreage, Irregular Lot, Landscaped, Lrg. Backyard Grass |
| Roof | Composition |
| Construction | Frame, Wood |
| Foundation | Pillar/Post/Pier |
School Information
| District | Van Alstyne ISD |
|---|---|
| Elementary | Bob and Lola Sanford |
| High | Van Alstyne |
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
| Construction Status | Preowned |
Listing Details
| Agent | Aidan Flores |
|---|---|
| Office | Coldwell Banker Realty |
| Contact Info | 972-771-9001 |