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$1,500,000
6 Beds ⋅ 4318441 MLS
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.

1640, 1641, 1642 River Road, Hot Springs

$950,000
6 Beds ⋅ 5 Baths ⋅ 4306581 MLS
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. Also listed as MLS 4307228.

8020 Meadow Fork Road, Hot Springs

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Madison County, NC · Curated MLS Search

Cash Only Homes in Madison County, NC

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