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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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1295 Paint Rock Rd , Hot Springs, NC 28743
$2,299,900
Est. Payment: $5,110.89/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 11
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NCM32620 - jehaynes
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House Description

Paradise on a bluff overlooking the French Broad River adjoining US Forest Service Land. Paint Rock Farm is a magical property, easy to get to, yet a lifetime removed from the stress of city living. With approximately 150 acres including nearly a MILE on the French Broad River and approximately 12 acres of flat laying open fields, this is a dream property. It has been operated successfully as a wedding/event venue for years and you can build upon this foundation. Tucked away from view of the state maintained paved road, the land offers a multitude of options. Existing improvements include underground power and high speed internet along with a strong well. Eleven "glamping" cabins provide overnight accommodations in a rustic chic setting. Each is fully enclosed with sumptuous bedding, classic barn interior, metal roofs, views and an outdoor deck. Six of these sit on the bluff looking down on the river below. Awaken to the sound of the river while sipping coffee on the deck. The other five are on the edge of the flower strewn field. Try counting the trillions of stars in the night sky. A large updated barn with catering kitchen has provided seating for more than 200 at events with dance floor and sound system. A very high quality bathhouse provides guests restroom and bathing facilities with hot water via a passive solar boosted system. The "Caretaker's Cabin" is a comfy 1BR/1BA house with kitchen and loft, ideal for an on site manager. Next to this you'll find a true "tiny home" of approximately 200 s.f. with sleeping loft, kitchen and bath. Other improvements include six RV sites of with utilities. Tucked away just inside the woods are several prepared tent platforms with covered shelter and two lovely sites for weddings looking out over the mountains. The abundance of flat fields provides parking for well over 100 vehicles. Approximately 111 acres are in a conservation easement that allow for hiking, camping, trails and hunting, but otherwise restrict development in that portion meaning it will always be pristine woodlands full of wildlife as your backyard. Sellers will place some very light restrictions on the remainder. In addition to the two existing 9 bedroom septic systems, permits are on hand for two more septic systems for four and two bedrooms, so come build your dream home. This property makes the perfect homestead/organic farm, event venue, down to earth RV park or family compound. ONLY financially qualified parties should inquire, and proof of funds are required prior to showing. Showing times may be limited due to ongoing rental activity, so plan ahead.

Highlights

Listed by John Haynes , 828-773-8090 Retreat Realty, Ltd. , 828-668-4400.

Property Type

Vacant Land

Lot/Acreage
150

County

Madison

Neighborhood

None

Listing ID

4416306

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Below Ground Sq Ft:0
Water:Well

Exterior Features

Lot:Adjoins Forest,Creek Front,Hilly,Level,River Front
Zoning:RA
Others:
  • Additional:Fire Pit, Outdoor Shower, Other - See Remarks
Sewer:Septic Installed,Other - See Remarks
Principal Interest
$5,111
Taxes
$1,466

Home Price

$2,299,900

Loan Details

30 yrs
%

Down Payment

20%
$459,980
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Monthly Price:
$5,110.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,110.89 $1,466.19 $0.00 $6,577.08
Yearly $61,330.67 $17,594.24 $0.00 $78,924.90
Total $1,839,920.00 $527,827.05 $0.00 $2,367,747.05

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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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.