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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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1640 , 1641, 1642 River Rd , Hot Springs, NC 28743
$1,500,000
Est. Payment: $7,729.81/mo
6 Bed
6 Bath
3734 Sqft
Status: active | Days on site: 59
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House Description

Discover River Lodge Retreat, an established short-term rental property in the heart of Hot Springs, NC, offering a rare blend of income, expansion opportunity, and mountain tranquility. Spanning +/-8.5 private acres along the French Broad River, this property includes three furnished, income-producing cabins—each thoughtfully updated and surrounded by the sights and sounds of nature. Beyond the existing rentals, multiple build sites invite future growth. One riverfront site already has its own address, septic system, and power in place, ready for a new cabin or luxury riverside retreat. At the top of the property, multiple flat wooded sites provide easy access from an existing road—ideal for additional vacation rentals, a campground, or a private owner’s residence overlooking the valley and river below. This property is located just minutes from downtown Hot Springs, known for its natural hot mineral springs, charming shops, restaurants, and direct access to the Appalachian Trail. Guests return year-round to enjoy hiking, kayaking, fishing, and soaking in the area’s rich natural beauty. With a strong rental history and positive cash flow, River Lodge Retreat is a proven performer with exceptional potential to expand. Whether you’re an investor seeking a turnkey hospitality business, a developer envisioning a boutique cabin community, or a nature lover desiring a personal retreat with income possibilities, 1640, 1641, 1642, 1643 River Road offers endless opportunity in one of Western North Carolina’s most beloved destinations.

Highlights

Listed by Mary Liske , 828-458-2308 and Adam Skoog , 828-458-2308 Looking Glass Realty AVL LLC , 828-785-1488. Canopy MLS mls logo

Property Type

Multi-Family

Lot/Acreage
8.5

Year Built

2015

County

Madison

Listing ID

4318441

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:6
  • Full Bathrooms:6
Appliances:Dishwasher, Gas Range, Microwave, Refrigerator, Washer/Dryer
Air Cond:Ceiling Fan(s),Central Air,Heat Pump
Fireplaces:
Above Ground Sq Ft:3734
Below Ground Sq Ft:0
Other:City

Exterior Features

Lot:Other - See Remarks
Sewer:Septic Installed
Parking Features:Detached Garage,Parking Lot,Parking Space(s),RV Access/Parking
Principal Interest
$7,730
Taxes
$956

Home Price

$1,500,000

Loan Details

30 yrs
6.683%

Down Payment

20%
$300,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$7,729.81

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,729.81 $956.25 $0.00 $8,686.06
Yearly $92,757.71 $11,475.00 $0.00 $104,232.71
Total $2,782,731.17 $344,250.00 $0.00 $3,126,981.17

Today's Rates

30 Year

6.68%

20 Year

6.55%

15 Year

6.13%

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Market insight data is pulled from the same city as the listing being viewed (Hot Springs, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Listings courtesy of Canopy MLS as distributed by MLS GRID

IDX service by Blueroof 360

Data last updated: 2026-08-01T18:02:06.000Z

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