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  • $699,000

    1242 Gateway Pkwy, Old Fort, NC 28762

    3beds
    1,719sqft
    : 
    $4,412/mo
    Get pre-qualified
    Single Family Residence
    Built in 2000
    4.09 Acres Lot
    $681,700 Zestimate®
    $407/sqft
    $117/mo HOA

    What's special

    Two queen bedrooms
    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.
    44 days
    326
    54

    Zillow last checked:

    Listing updated:

    Listed by:

    Adam Johnson adam@greybeardrealty.com,

    GreyBeard Realty

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4422894MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bedrooms: 2
      Primary bedroom
      • Level: Main
      Bedroom s
      • Level: Main
      Bedroom s
      • Level: Upper
      Bathroom full
      • Level: Main
      Bathroom full
      • Level: Upper
      Basement
      • Level: Basement
      Kitchen
      • Level: Main
      Laundry
      • Level: Basement
      Living room
      • Level: Main
      Heating
      • Central, Heat Pump
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Exhaust Hood, Gas Range, Microwave, Oven, Refrigerator with Ice Maker, Washer/Dryer
      • Laundry: In Basement
      Features
      • Doors: Insulated Door(s)
      • Basement: Daylight,Exterior Entry,Full,Storage Space,Unfinished,Walk-Out Access
      • Fireplace features: Wood Burning Stove
      Interior area
      • Total structure area: 1,719
      • Total interior livable area: 1,719 sqft
      • Finished area above ground: 1,719
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Driveway
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Deck, Wrap Around
      • Has spa: Yes
      • Spa features: Heated
      • Has view: Yes
      • View description: Long Range, Mountain(s), Year Round
      Lot
      • Size: 4.09 Acres
      • Features: Cleared, Green Area, Private, Wooded, Views
      Details
      • Parcel number: 065600596334
      • Zoning: No zoning
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cabin
      • Property subtype: Single Family Residence
      Materials
      • Wood
      Condition
      • New construction: No
      • Year built: 2000

      Utilities & green energy

      • Sewer: Septic Installed
      • Water: Well

      Community & HOA

      Community
      • Features: Gated, Lake Access, Pond, Recreation Area, Walking Trails
      • Subdivision: Gateway Mountain
      HOA
      • Has HOA: Yes
      • HOA fee: $1,407 annually
      Location
      • Region: Old Fort
      • Elevation: 2000 Feet

      Financial & listing details

      • Price per square foot: $407/sqft
      • Tax assessed value: $464,430
      • Annual tax amount: $3,149
      • Date on market: 9/9/2026
      • Cumulative days on market: 44 days
      • Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
      • Road surface type: Gravel, Paved

        Estimated market value

        $681,700

        $648,000 - $716,000

        $2,090/mo

        Price history

        DateEventPrice
        9/9/2026Listed for sale$699,000+16.5%$407/sqft
        Source: Canopy MLS as distributed by MLS GRID #4422894 Report a problem
        9/29/2021Sold$600,000+62.2%$349/sqft
        Source: Public Record Report a problem
        1/15/2016Sold$370,000-10.6%$215/sqft
        Source: Public Record Report a problem
        9/29/2015Listing removed$414,000$241/sqft
        Source: Mossy Oak Properties Outdoor Realty #584219 Report a problem
        8/4/2015Price change$414,000-2.6%$241/sqft
        Source: Mossy Oak Properties Outdoor Realty #584219 Report a problem
        5/13/2015Listed for sale$425,000+13.3%$247/sqft
        Source: Mossy Oak Properties Outdoor Realty #584219 Report a problem
        9/29/2009Sold$375,000$218/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,149 $464,430
        2024$3,149 $464,430
        2023$3,149 +22.5%$464,430 +24.3%
        2022$2,571 $373,680
        2021$2,571 -1.4%$373,680
        2020$2,608 -98.6%$373,680 +28.6%
        2017$186,086 +9900%$290,530
        2016$1,861 $290,530
        2014$1,861 +1.7%$290,530
        2013$1,830 $290,530
        2012-- $290,530
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 28762

        Getting around

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