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Active

314 Old Mill Road

Nebo, NC 28761

Active 3 days on market Listing ID CAR 315730542

$425,000
Est. $2,614/mo20% down · 6.5% · 30-yrAdjust
  • P&I$2,149
  • Taxes$266
  • Insurance$142
  • HOA$57

Principal, interest, property tax, insurance & HOA. Estimate only — not a loan offer.

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$354/Sq Ft

2 bd · 2 ba · 1,201 sqft · $354/sqft

2 Beds
2 Baths
1,201 Sq Ft
$354/Sq Ft
2002 Built
2.02 acres Single Family Residence Cascade Highlands Listed Sep 18, 2026 Updated Sep 19, 2026 HOA $689/yr

HOA & Association

Dues$689/yrMonthly≈ $57/mo

About This Home

Welcome to your mountain retreat in Cascade Highlands, a desirable gated, lock-and-leave community just minutes from I-40 and Lake James. Conveniently located between Asheville, Hickory, Black Mountain, Marion, and Old Fort, this meticulously maintained cabin offers the perfect combination of privacy, convenience, recreation, and flexibility—ideal as a primary residence, short-term rental, or a personal escape.

Inside, the thoughtfully designed floor plan features a bedroom and full bath on the main level, main-level laundry, and an inviting living area with a wood-burning stove. Upstairs, the private primary suite offers an ensuite bathroom and walk-in closet, while the spacious loft provides an ideal home office, reading area, or flex space. A wrap-around deck extends the living space outdoors and offers a wonderful setting for morning coffee, entertaining, and enjoying the peaceful wooded surroundings and seasonal winter views.

The property also features a fully fenced side and backyard, large parking pad, and detached two-car garage with water and electricity. The garage upper level is framed and ready for conversion into a studio, workshop, in-law suite, or additional rental space, providing exceptional potential for hobbies, guests, extended family, or income-producing use.

Cascade Highlands offers beautiful recreation areas. A community pond in the center of the development and river access with two picturesque cascades and natural boulder formations. With short-term rentals allowed, this home provides the rare opportunity to live comfortably as a full-time primary residence, generate rental income, and enjoy a private mountain getaway whenever you choose. Experience the best of Western North Carolina mountain living in a peaceful, well-maintained gated community with easy access to the region’s abundant outdoor adventures and charming towns.

Property Details

Interior Details

Heating
  • Propane
Flooring
  • Tile
  • Wood
Room Count
9
Garage Sq Ft
1046
Half Bathrooms
0
Unheated Sq Ft
86
Total Bathrooms
2
Laundry Features
  • In Kitchen
Main Level Sq Ft
733
Main Level Garage
Yes
Upper Level Sq Ft
468
Fireplace Features
  • Wood Burning Stove
Main Level Bedrooms
1
Unheated Upper Sq Ft
86
Upper Level Bedrooms
1
Main Level Full Baths
1
Main Level Half Baths
0
Upper Level Full Baths
1
Upper Level Half Baths
0

Dwelling And Structure

Construction Type
Site Built
Architectural Style
  • Cabin

Square Footage And Levels

Levels
  • Two
Above Grade Finished Area
1201

Parking And Garage

Parking Features
  • Driveway
  • Detached Garage

Exterior Features

Roof
  • Metal
Construction Materials
  • Log
  • Wood

Lot And Land

Fencing
  • Back Yard
  • Fenced
  • Wood
Lot Features
  • Corner Lot
  • Green Area
  • Paved
  • Private
  • Sloped
  • Wooded
  • Views
Lot Size Acres
2.02
Lot Size Units
Acres
Other Structures
  • Workshop

Basement And Foundation

Foundation Details
  • Crawl Space

Waterfront And View

View
  • Mountain(s)
  • Winter

Utilities

Sewer
  • Septic Installed
Water Source
  • Well

Financial Information

Hoa Dues
Mandatory
City Taxes Paid To
No City Taxes Paid

Zoning And Restrictions

Zoning
Res
Restrictions
  • Short Term Rental Allowed
  • Subdivision
Subject To Ccrs
Yes

Listed by Holly Martin (828-768-3282) · Carolina Mountain Sales (828-277-5551)

Location

Address
314 Old Mill Road
City
Nebo, NC 28761
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Schools

Elementary
Nebo
Middle
East McDowell
High
McDowell

School assignments may change. Contact the school district to confirm.

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