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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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85 Lady Slipper Trl , Hot Springs, NC 28743
$420,000
Est. Payment: $2,164.35/mo
2 Bed
2 Bath
1181 Sqft
Status: active with contingency | Days on site: 33
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Escape to your ultimate mountain sanctuary at The Preserve at Elk Knob (TPEK)! Tucked away on Lady Slipper Trail, this pristine 2-bedroom, 1.5-bathroom cabin retreat sits on a beautiful 1.09-acre wooded lot (Lot 10). Best of all, the sale includes the adjacent, separate 1-acre Lot 11. Because a section of the protected community common area sits directly between the two lots, you have a permanent, natural buffer built right into the landscape that can never be subdivided or built upon. This multi-lot package provides a wonderful layout for a future family compound or a separate guest cabin on Lot 11, giving you excellent flexibility and your own personal green space. Built in 2017, the cabin seamlessly balances rustic mountain beauty with low-maintenance, high-quality engineering. The exterior is wrapped in premium, durable cement fiber siding and topped with a long-lasting metal roof, all anchored by a magnificent rock chimney. Inside, soaring natural pine ceilings and a bright, open-concept layout flow effortlessly out to an expansive deck - perfect for taking in the quiet wooded surroundings. The upper level features a fantastic, loft space that can comfortably sleep 4+ guests, making the home feel incredibly spacious. Engineered to last, the home boasts ultra-sturdy 6" stud wall construction and a full, unfinished basement—a clean slate ready for a workshop, gear storage, or future finished living space. Whether you are looking for a full-time residence or a premier mountain escape near Hot Springs, this property offers unmatched quality, compound flexibility, and world-class hiking right at your doorstep. Outdoor lovers will find this location unbeatable: you are just a short drive from Max Patch, one of the most iconic and breathtaking destinations on the Appalachian Trail, famed for its stunning 360-degree panoramic mountain views. Even better, you can lace up your boots and reach the Max Patch trail system directly from the TPEK property in less than a 1-hour hike! The community itself offers a sprawling, low-density feel, stretching across 83 majestic acres with only 23 private lots total. With 57 acres strictly dedicated to protected common areas, the neighborhood maintains a vast, quiet, and tranquil atmosphere where you can enjoy private access to pristine forests, rolling meadows, ponds, and community orchards. Schedule your tour today! Short-term rentals are not allowed.

Highlights

Listed by Laura Thomas , 828-734-8478 Howard Hanna Beverly-Hanks Waynesville , 828-452-5809. Canopy MLS mls logo

Property Type

Residential

Lot/Acreage
2.09

HOA Fee

900 Annually

Year Built

2017

County

Madison

Neighborhood

The Preserve at Elk Knob

Listing ID

4391131

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:2
  • Full Bathrooms:1
  • 1/2 Bathrooms:1
Appliances:Dryer, Electric Oven, Electric Range, Refrigerator, Washer
Floor:Hardwood,Vinyl
Above Ground Sq Ft:1181
Below Ground Sq Ft:0
Basement:Exterior Entry,Full,Unfinished
Other:Has Fireplace,Master on Main
Other:Spring

Exterior Features

Lot:Cleared,Private,Creek/Stream,Wooded
Roof:Metal
Others:Fire Pit
Sewer:Septic Installed
Parking Features:Driveway
Principal Interest
$2,164
Taxes
$268
HOA
$900

Home Price

$420,000

Loan Details

30 yrs
6.683%

Down Payment

20%
$84,000
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:
$2,164.35

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $2,164.35 $267.75 $900.00 $3,332.10
Yearly $25,972.16 $3,213.00 $10,800.00 $39,985.16
Total $779,164.73 $96,390.00 $324,000.00 $1,199,554.73

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

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Data last updated: 2026-08-01T20:02:06.000Z

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