1242 Gateway Parkway, Old Fort, NC 28762

$699,000
3
BD
2
BA
1,719
SqFt

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List Price
$699,000
MLS#
4422894
Status
ACTIVE
Property Type
Residential
Architectural Style
Cabin
Year Built
2000
Days on Market
3
Bedrooms
3
Bathrooms
2
Full Baths
2
Lot Size
178,160
Lot Size Area
4.09
Living Area
1,719
Sq Ft Total
1719
County
McDowell
Subdivision
Gateway Mountain

Property Description

Set high atop a private, gated mountain community, this beautifully appointed 3-bedroom, 2-bathroom log cabin offers one of the most sought-after settings in Western North Carolina, with sweeping, long-range views of the Blue Ridge Mountains and Lake Lure visible in the distance—scenery that's a big part of why this home has become a standout, highly successful vacation rental with a loyal base of repeat guests. Inside, the open-concept design connects the living, dining, and kitchen areas, all oriented to take full advantage of the mountain backdrop; the living room centers around a cozy wood stove and flows into a well-equipped kitchen with a gas range and full furnishings and cookware, while the dining area comfortably seats a group and a wraparound deck extends the living space outdoors with multiple spots for lounging and dining. The main level includes two queen bedrooms and a full bathroom with both a soaking tub and walk-in shower, while upstairs a private primary suite offers a king bed, en suite bathroom, and a peaceful loft area perfect as a reading nook or remote workspace; a lower-level recreation space adds even more flexibility, with direct access to a private hot tub positioned to take in the same incredible mountain views, plus a fire pit for evenings of stargazing. Beyond the home itself, the gated community offers a rare slate of shared amenities that elevate the experience even further, including a scenic waterfall area, a small community lake with a dock, and a network of hiking trails, with the gated entrance adding privacy and security for guests seeking a quiet, secluded escape without sacrificing convenience. The location strikes an excellent balance between seclusion and accessibility, with a short drive to Old Fort for dining and breweries, easy reach of Black Mountain, Chimney Rock, and Lake Lure, and Asheville and the Blue Ridge Parkway both within about 45 minutes. Offered fully furnished and turnkey—including all furnishings, kitchenware, décor, and the hot tub—this home makes it exceptionally easy for a new owner to step in and continue operating it as an income-producing vacation rental from day one, and with its proven rental history, and unbeatable combination of privacy, views, and community amenities, it represents a rare opportunity to own a true mountain retreat that also performs as a strong investment property.

Additional Information

Hoa Fee
$1,407
Hoa Fee Paid
Annually
Community Features
Gated, Lake Access, Pond, Recreation Area, Walking Trails
Fireplace
Yes
Equipment
Dishwasher, Disposal, Exhaust Hood, Gas Range, Microwave, Oven, Refrigerator with Ice Maker, Washer/Dryer
Foundation
Basement
Main Level Rooms
Primary Bedroom, Bedroom(s), Bathroom-Full, Living Room, Kitchen
Laundry Location
In Basement
Heating
Central, Heat Pump
Water
Well
Sewer
Septic Installed
Exterior Features
Hot Tub
Exterior Construction
Wood
Roof
Architectural Shingle
Parking
Driveway
Driveway
Gravel, Paved
Lot Description
Cleared, Green Area, Private, Wooded, Views
Elementary School
Unspecified
Middle School
Unspecified
High School
Unspecified
Special Conditions
None

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of GreyBeard Realty. adam@greybeardrealty.com

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