Water Views
Address
1641 River Road, Hot Springs, NC
Price
$ 2,500,000
Property Attributes
  • ID#4110241
  • TypeLot-Land
  • CountyMADISON
  • CityHot Springs
  • AreaMadison County
  • Zip28743
  • StyleAcreage
  • Price$ 2,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size15 Acres
Data Source:
Canopy MLS
Property Description

Discover riverfront mountain living at River lodge Retreat, a remarkable SHORT-TERM RENTAL CABIN COMMUNITY nestled in Hot Springs, NC. Five updated cabins spread across two parcels totaling approximately 15 acres; situated minutes from downtown Hot Springs, renowned for its rejuvenating hot springs tubs, vibrant local culture, and access to the Appalachian Trail. River Lodge has one existing riverfront cabin with an additional riverfront build site available with water, power and septic installed. River Lodge also boasts three additional build sites with infrastructure in place, providing a significant value add proposition. With consistent rental history and net positive cash flow, River Lodge presents a perfect investment opportunity. From hiking the AT, fishing, and kayaking, the surrounding wilderness beckons outdoor enthusiasts to explore and indulge in a myriad of recreational activities. Whether seeking investment, adventure or solace, River Lodge offers something for everyone.

Elementary School Middle School High School
Unspecified Elementary School Unspecified Middle School Unspecified High School
Price History
2/17/2024 Listed $2,500,000

General Features

Sewer Septic Installed
Property SubType Acreage
Waterfront Features Beach - Private
Additional Parcels Description 8860183509
County Madison
Property Type Land
Possible Use Commercial,Multi-Family,Private Estate,Recreational,Residential
Directions US 25/70 towards Marshall. Take right on River Rd before the French Broad River. 1.6 miles to 1641 on the left. 2..2 miles to right on Lodge Cabin Lane.
High School Unspecified
City Hot Springs
Body of Water french broad River
Street Name River
Elementary School Unspecified
Middle/Junior High School Unspecified
Virtual Tour https://mls.ricoh360.com/2208fe73-2f2b-457a-84f5-34927bb866a2
Standard Status Active
CAR_HOASubjectTo None
Restrictions No Restrictions
Tax Assessed Value 755346
Virtual Tour https://view.ricoh360.com/2208fe73-2f2b-457a-84f5-34927bb866a2

Interior Features

Street Suffix Road

Exterior Features

Water Source City,Well
Lot Size Area 15
Road Surface Type Gravel,Paved
Lot Size Units Acres
Road Responsibility Private Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Lot-Land Average in 28743

Price
AVG $600K
$2.5M
Visits
AVG 212
144
Data Provided by Inside Real Estate®

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