Agent profile image in chat bubble
Agent profile image in chat header

Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

Agent profile image in message

1242 Gateway Pkwy , Old Fort, NC 28762
$699,000
Est. Payment: $1,553.33/mo
3 Bed
2 Bath
1719 Sqft
Status: Active | Days on site: 2
Get Pre-Qualified
NCM12610 - ajohn
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.

House 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.

Highlights

Listed by Adam Johnson , 828-712-9712 GreyBeard Realty , 828-669-1072.

Property Type

Residential

Lot/Acreage
4.09

HOA Fee

1407 Annually

Year Built

2000

County

McDowell

Neighborhood

Gateway Mountain

Listing ID

4422894

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Dishwasher, Disposal, Exhaust Hood, Gas Range, Microwave, Oven, Refrigerator with Ice Maker, Washer/Dryer
Air Cond:Central Air
Fireplaces:Wood Burning Stove
Above Ground Sq Ft:1719
Below Ground Sq Ft:0
Basement:Daylight,Exterior Entry,Full,Storage Space,Unfinished,Walk-Out Access
Other:
  • Additional:Has Fireplace, Master on Main
Water:Well

Exterior Features

Lot:Cleared,Green Area,Private,Wooded,Views
Roof:Architectural Shingle
Others:
  • Additional:Hot Tub
Sewer:Septic Installed
Parking Features:Driveway
Principal Interest
$1,553
Taxes
$446
HOA
$1,407

Home Price

$699,000

Loan Details

30 yrs
%

Down Payment

20%
$139,800
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:
$1,553.33

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $1,553.33 $445.61 $1,407.00 $3,405.95
Yearly $18,640.00 $5,347.35 $16,884.00 $40,871.35
Total $559,200.00 $160,420.50 $506,520.00 $1,226,140.50

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

Never Miss a Property

Be the first to know when a property hits the market.

Current Listings

Last 30 Days
N/A
Sep 2026

Average Price

All Price Ranges
N/A
Sep 2026

Average Days on Market

All Price Ranges
N/A
Sep 2026
Market insight data is pulled from the same city as the listing being viewed (Old Fort, 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.