Active

8020 Meadow Fork Road

Hot Springs, NC 28743

$1,190,000 $5,017/Mo

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Overview

Bed

Bath

3,865

Sqft

184

Acres(Lot)

Description

BEST VALUE Homestead in WNC! Seriously. $1.4M BELOW Tax Value. Offering 184 fully surveyed acres plus two houses, greenhouse and large commercial grade multi-purpose building with pasture and creek frontage on Meadow Fork Creek. Ideal for retreat center, wellness center, spiritual retreat center, family compound, vacation rental or a recreational paradise. Property was operated successfully for 25+ years as a retreat center. Tax value is nearly $2.4 MILLION, but offered for less than half. Why? Seller sold this last year with owner financing and the buyer defaulted, so the seller took back title and says "Sell it!" Main dwelling has septic permit for 3BR, but house designed and used for years as a 7 bedroom lodge sleeping up to 22 guests at a time with living on three levels and a huge wrap around deck overlooking acres of gently laying fields and pasture. Guest house is a 3BR/2BA manufactured home of excellent quality tucked up in the woods. Small creek flows along one side of the property and Meadow Fork Branch adjoins the property down by the road (no flooding on the property). There's a 60' x 120' greenhouse frame complete with concrete walks inside, all equipment and starter tables, irrigation components, etc. There is a large fenced in animal corral area where seller once had goats and other livestock. The Multi-purpose building is a commercial grade building with huge clear span meeting area that can easily seat 100. Features a bunk room with several beds, laundry room, foyer, men's and women's restrooms with toilet stalls and shower stalls along with a large kitchen. There's even a Pioneer Princes wood cook stove. This alone retails today for around $4k! Built over a large crawl space full of equipment and supplies. All furnishings, bedding, decorations, appliances, etc. on the property at time of listing convey though some items in the photos (mainly the Guest Cottage) have been removed, but most are still in place. That is, this is a totally "Turn-Key", "Move In Ready" property! High speed internet is blazing fast fiber optic provided by French Broad Electric. The wooded areas above the pasture and buildings is easily accessed via a well maintained and solidly built gravel drive that leads from the paved public road (Meadow Fork Road) to the very top of the property. There are multiple good laying building sites up there offering excellent views. Drive is shared with the seller who has retained his personal home off to one side up near the top. CASH OFFERS ONLY and all prospects MUST show proof of funds prior to showing. This property is unique and will not qualify for any kind of conventional financing.

Property Details

Property Type : Residential

Price : $1,190,000

AD Id : 67181661

MLS Id : CAR4306581

Beds : 6

Lot Size : 184 Acres

Living Area Size : 3,865

Year Built : 2000

County : Madison

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedroom: 6

Bathroom Information

Total Baths: 5 Full Baths: 5

Room Information

Has Basement: Yes

Interior Features

Roof: Composition Appliances: Electric Range, Microwave, Refrigerator, Other Laundry Features: Mud Room, Other - See Remarks

Roofing Information

Composition
Flooring Information

Flooring: Wood, Other - See Remarks Construction Materials: Log
Heating & Cooling

Heating: Central, Electric, Propane, Wall Furnace Cooling: Central Air, Window Unit(s), Other - See Remarks WaterSource: Well

Building Information

Year Built: 2000
Exterior Features

Livestock Run In, Other - See Remarks Construction Materials: Log Foundation Details: Basement Road Responsibility: Publicly Maintained Road

Lot Information

Lot Description: Adjoins Forest, Cleared, Creek Front, Sloped, Creek/Stream, Views, Wooded, Other - See Remarks Lot Size Area: 184 acre

Property Information

Property Type: Residential Sub Type: Single Family Residence Style: Cabin

Listing Price Information

Original List Price:$1190000

Tax Information

Tax Assessed Value: 2397442 Parcel Number: 8735-47-9029

Parking Information

Circular Driveway, Parking Space(s)

School Information

Elementary School: Unspecified Junior High School: Unspecified Senior High School: Unspecified
Utility Information

Cable Available, Fiber Optics Sewer: Septic Installed Water Source: Well
Location Information

Subdivision: None City: Hot Springs Direction: From Asheville, take Leicester Highway (NC 63) north into Madison County up and over Dogget Mountain, to the stop sign at the Trust General Store (gas, groceries, restaurant). Turn right onto NC 209 and go just past Dave's 209 Diner. Turn left onto Caldwell Mountain Road, and follow it to the stop sign on Meadow Fork Road. Turn left onto Meadow Fork Road and go about 1 mile till you see the gravel drives and mailboxes. Please print out attached maps for showing details.

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At $307.89 per sq.ft.,this listing is priced below average compared to other homes from Hot Springs.

The average homes price in Hot Springs is $370202.62 with avg. price / sq.ft of $2102.04.

The average homes price in Madison County is $373818.81 with avg. price / sq.ft of $2100.74.

How much is this property worth?

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
70 Fox Run, Hot Springs, NC, 28743	$338,000	2	2	1,011	1,011 SqFt
2316 Nc 63 Highway, Hot Springs, NC, 28743	$625,000	3	3	2,167	2,167 SqFt
63 Raleigh Lane, Hot Springs, NC, 28743	$325,000	3	2	1,342	1,342 SqFt
450 Berry Wills Road, Hot Springs, NC, 28743	$324,900	3	2	1,680	1,680 SqFt
227 Lawson Street, Hot Springs, NC, 28743	$499,000	2	2	1,105	1,105 SqFt
987 West Road, Hot Springs, NC, 28743	$299,000	3	2	1,743	1,743 SqFt
1145 Woolyshot Branch R.., Hot Springs, NC, 28743	$450,000	4	2	2,100	2,100 SqFt
1640 1641 1642 River Road, Hot Springs, NC, 28743	$1,500,000	6	6.0	3,734	3,734 SqFt
9781 Nc 209 Highway, Hot Springs, NC, 28743	$549,000	4	3	1,590	1,590 SqFt
626 Fairview Loop, Hot Springs, NC, 28743	$400,000	4	2	1,300	1,300 SqFt

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ByOwner last updated this listing 04/06/2026 @ 06:20

MLS: CAROLINA #4306581 LISTED BY: John Haynes, Retreat Realty, Ltd. 828-668-4400 SOURCE: CAROLINA (Canopy MLS)