8020 Meadow Fork Road, Hot Springs, NC 28743

$950,000
6
BD
5
BA
3,865
SqFt

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Listing courtesy of Retreat Realty, Ltd.. john@retreatrealty.net

Sold listing courtesy of EXP Realty LLC

Sold Price
$950,000
List Price
$1,190,000
MLS#
4306581
Status
CLOSED
Days on Market
263
Property Type
Residential
Architectural Style
Cabin
Year Built
2000
Closing Date
Jun 17, 2026
Bedrooms
6
Bathrooms
5
Full Baths
5
Lot Size
8,015,040
Lot Size Area
184
Living Area
3,865
Sq Ft Total
3865
County
Madison
Subdivision
No Neighborhood
Special Conditions
None
Waterfront Features
None

Property Description

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.

Additional Information

Fireplace
Yes
Floor Coverings
Wood, Other - See Remarks
Equipment
Electric Range, Microwave, Refrigerator, Other
Foundation
Basement
Main Level Rooms
Primary Bedroom, Dining Area, Living Room, Laundry, Bathroom-Full
Laundry Location
Mud Room, Other - See Remarks
Heating
Central, Electric, Propane, Wall Furnace
Water
Well
Sewer
Septic Installed
Exterior Features
Livestock Run In, Other - See Remarks
Exterior Construction
Log
Roof
Composition
Parking
Circular Driveway, Parking Space(s)
Driveway
Gravel, Paved
Lot Description
Adjoins Forest, Cleared, Creek Front, Sloped, Creek/Stream, Views, Wooded, Other - See Remarks
Elementary School
Unspecified
Middle School
Unspecified
High School
Unspecified
Zoning
R
Total Property HLA
3865
Master on Main Level
Yes

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