$1,500,000

1640, 1641, 1642 River Rd Hot Springs, NC 28743

Estimated payment $8,346/month

Total Views 919
6 Beds
6 Baths
3,734 Sq Ft
$402 Price per Sq Ft

Highlights

  • RV Access or Parking
  • Mountain View
  • 2 Car Detached Garage
  • Madison Middle School Rated A-
  • No HOA
  • Laundry Room

About This Home

Discover River Lodge Retreat, an established short-term rental property in the heart of Hot Springs, NC, offering a rare blend of income, expansion opportunity, and mountain tranquility. Spanning +/-8.5 private acres along the French Broad River, this property includes three furnished, income-producing cabins—each thoughtfully updated and surrounded by the sights and sounds of nature.
Beyond the existing rentals, multiple build sites invite future growth. One riverfront site already has its own address, septic system, and power in place, ready for a new cabin or luxury riverside retreat. At the top of the property, multiple flat wooded sites provide easy access from an existing road—ideal for additional vacation rentals, a campground, or a private owner’s residence overlooking the valley and river below.
This property is located just minutes from downtown Hot Springs, known for its natural hot mineral springs, charming shops, restaurants, and direct access to the Appalachian Trail. Guests return year-round to enjoy hiking, kayaking, fishing, and soaking in the area’s rich natural beauty.
With a strong rental history and positive cash flow, River Lodge Retreat is a proven performer with exceptional potential to expand. Whether you’re an investor seeking a turnkey hospitality business, a developer envisioning a boutique cabin community, or a nature lover desiring a personal retreat with income possibilities, 1640, 1641, 1642, 1643 River Road offers endless opportunity in one of Western North Carolina’s most beloved destinations.

Listing Agent

Mary Liske

Looking Glass Realty AVL LLC Brokerage Email: mliske@lookingglassrealty.com License #324944 Listed on: 11/04/2025

Co-Listing Agent

Adam Skoog

Looking Glass Realty AVL LLC Brokerage Email: mliske@lookingglassrealty.com License #296189

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,377

Year Built

  • Built in 2015

Parking

  • 2 Car Detached Garage
  • Parking Lot
  • RV Access or Parking

Home Design

  • Wood Siding

Interior Spaces

  • 3,734 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Mountain Views
  • Crawl Space

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Bathroom
  • Washer and Dryer

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 8860-26-6391

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,377

Year Built

Built in 2015

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Portfolio
  • Year Built: 2015
  • Road Surface Type: Gravel
  • Geocode Confidence: High
  • Attribution Contact: mliske@lookingglassrealty.com
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator, Washer/Dryer
  • Owner Pays: All Utilities
  • Above Grade Finished Sq Ft: 3734
  • Basement YN: No
  • Full Bathrooms: 6
  • Total Bedrooms: 6
  • Living Area: 3734
  • Building Stories: 1

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • View: Mountain(s)
  • Water Body Name: French Broad River
  • Waterfront Features: Other - See Remarks
  • Construction Type: Wood

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Detached Garage, Parking Lot, Parking Space(s), RV Access/Parking

Utilities

  • Heating: Central, Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: In Bathroom
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 8860-26-6391
  • Plat Reference Section Pages: 7/890
  • Additional Parcels: No
  • Zoning Specification: R-A

Rental Info

  • Tenant Pays: None
  • Pets Allowed: Yes

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,377 $946,294 $81,338 $864,956
2023 $3,777 $755,346 $83,187 $672,159
2022 $3,753 $0 $0 $0
2021 $3,611 $0 $0 $0
2020 $3,611 $0 $0 $0
2019 $2,143 $331,403 $56,576 $274,827
2018 $1,166 $0 $0 $0
2017 $1,282 $0 $0 $0
2016 $1,282 $0 $0 $0
2015 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2025 11/04/25 For Sale $1,500,000 -- $402 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4318441

Canopy MLS (Canopy Realtor® Association)

APN: 8860-26-6391

North Carolina Madison County Hot Springs 28743

1640, 1641, 1642 River Rd, Hot Springs, NC

For Sale

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Mary Liske
Listing Agent
Mary Liske
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Looking Glass Realty AVL LLC
(828) 672-2289