This custom new log home is in the gated community of Catawba Falls Preserve with stunning mountain views and miles of hiking trails into the Pisgah National Forest. 4 ensuite bedrooms plus 1 bonus bedroom. The home offers long range views of the surrounding mountains with beautiful sunsets. Short term rentals allowed. 4 bedroom septic permit. Located just 15-20 minutes to the town of Black Mountain and 30-35 minutes to Asheville. Great property for a full time residence, second home, or income producing short term rental property.
Closed
$1,050,000
1085 Arcadia Falls Way, Black Mountain, NC 28711
5beds
2,804sqft
Single Family Residence
Built in 2023
1.55 Acres Lot
$905,200 Zestimate®
$374/sqft
$4,176 Estimated rent
Home value
$905,200
$815,000 - $1.00M
$4,176/mo
Zestimate® history
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$7,257/mo
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Zillow last checked:
Listing updated:
Listed by:
Jason Diamond info@masterdiamondnc.com,
Master Diamond Properties, Inc
Bought with:
Scott Russell
Howard Hanna Beverly-Hanks Freestone Properties
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4114307
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Level: Main
Heating
- Central, Ductless
Cooling
- Central Air, Ductless
Appliances
- Included: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer
- Laundry: In Basement
Features
- Cathedral Ceiling(s), Kitchen Island, Open Floorplan
- Flooring: Vinyl
- Basement: Daylight,Finished,Walk-Out Access
- Fireplace features: Wood Burning
Interior area
- Total structure area: 1,734
- Total interior livable area: 2,804 sqft
- Finished area above ground: 1,734
- Finished area below ground: 1,070
Property
Parking
- Parking features: Circular Driveway
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Balcony, Covered, Deck, Front Porch, Rear Porch
- Has spa: Yes
- Spa features: Heated
- Has view: Yes
- View description: Long Range, Mountain(s), Year Round
Lot
- Size: 1.55 Acres
- Features: Paved, Wooded, Views
Details
- Parcel number: 063800329249
- Zoning: Res
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cabin
- Property subtype: Single Family Residence
Materials
- Log
- Roof: Metal
Condition
- New construction: Yes
- Year built: 2023
Utilities & green energy
- Sewer: Septic Installed
- Water: Well
- Utilities for property: Electricity Connected, Satellite Internet Available
Community & HOA
Community
- Features: Gated
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Catawba Falls Preserve
HOA
- Has HOA: Yes
- HOA fee: $1,200 annually
- HOA name: IPM Property Mgt
Location
- Region: Black Mountain
- Elevation: 2500 Feet
Financial & listing details
- Price per square foot: $374/sqft
- Tax assessed value: $31,500
- Annual tax amount: $3,571
- Date on market: 2/29/2024
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Concrete, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/23/2024 | Sold | $1,050,000$374/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4114307 Report a problem | ||
| 2/29/2024 | Pending sale | $1,050,000$374/sqft |
Source: Canopy MLS as distributed by MLS GRID #4114307 Report a problem | ||
| 2/29/2024 | Listed for sale | $1,050,000+6462.5%$374/sqft |
Source: Canopy MLS as distributed by MLS GRID #4114307 Report a problem | ||
| 11/10/2021 | Sold | $16,000$6/sqft |
Source: Public Record Report a problem | ||
| 1/11/2021 | Sold | $16,000-70.9%$6/sqft |
Source: Public Record Report a problem | ||
| 3/18/2005 | Sold | $55,000$20/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,571 +2% | $526,710 +2% |
| 2024 | $3,500 +1538.8% | $516,210 +1538.8% |
| 2023 | $214 +10.9% | $31,500 +12.5% |
| 2022 | $193 | $28,000 |
| 2021 | $193 -1.4% | $28,000 |
| 2020 | $195 -99.7% | $28,000 -73.3% |
| 2017 | $67,253 +9900% | $105,000 |
| 2016 | $673 | -- |
| 2014 | $673 +5% | $105,000 |
| 2013 | $640 | $105,000 |
| 2012 | -- | $105,000 |
Find assessor info on the county website
Neighborhood: 28711
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Nearby schools
GreatSchools rating
- 7/10Old Fort Elementary SchoolGrades: PK-5Distance: 5 mi
- 3/10West McDowell Junior High SchoolGrades: 6-8Distance: 14.3 mi
- 2/10McDowell High SchoolGrades: 9-12Distance: 14.4 mi
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Estimated market value
$905,200
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Estimated market value
$905,200
- North Carolina
- McDowell County
- Old Fort
- 28711
- 1085 Arcadia Falls Way
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