$425,000

314 Old Mill Rd Nebo, NC 28761

Estimated payment $2,882/month

Total Views 119
2 Beds
2 Baths
1,201 Sq Ft
$354 Price per Sq Ft

Highlights

  • Gated Community
  • Wood Burning Stove
  • Pond
  • Mountain View
  • Private Lot
  • Wooded Lot

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.

Listing Agent

Holly Martin

Carolina Mountain Sales Brokerage Email: Holly.Martin@CarolinaMountainSales.com License #276477 Listed on: 09/18/2026

Carolina Mountain Sales

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • 2.02 Acre Lot
  • Front Green Space
  • Back Yard Fenced
  • Private Lot
  • Corner Lot
  • Paved or Partially Paved Lot
  • Sloped Lot
  • Wooded Lot

HOA Fees

  • $57 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Cabin
  • Metal Roof
  • Wood Siding
  • Log Siding

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Wood Burning Stove
  • Mountain Views
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Oven
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Outdoor Features

  • Pond
  • Separate Outdoor Workshop

Schools

  • Nebo Elementary School
  • East Mcdowell Middle School
  • Mcdowell High School

Utilities

  • Central Air
  • Heating System Uses Propane
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1731-00-30-2534

Community Details

Overview

  • Cascade Highlands Subdivision
  • Mandatory home owners association

Recreation

  • Recreation Facilities

Additional Features

  • Picnic Area
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

2.02 Acres

HOA Fees

$57 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Year Built: 2002
  • Restrictions: Short Term Rental Allowed,Subdivision
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • Ratio CurrentPrice/TotalPropertyHLA: 353.87
  • Geocode Confidence: High
  • Attribution Contact: Holly.Martin@CarolinaMountainSales.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 733
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Total: 86
  • Sq Ft Unheated Upper: 86
  • Sq Ft Upper: 468
  • Appliances: Dishwasher, Electric Oven, Refrigerator
  • Other Equipment: Fuel Tank - Owned
  • Above Grade Finished Sq Ft: 1201
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning Stove
  • Living Area: 1201
  • Bedroom Main: 1

Exterior Features

  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • Fencing: Back Yard, Fenced, Wood
  • Pool Private: No
  • View: Mountain(s), Winter
  • Construction Type: Log, Wood
  • Other Structures: Workshop

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Detached Garage

Utilities

  • Heating: Propane
  • Sewer: Septic Installed
  • Laundry Features: In Kitchen
  • Cooling: Central Air
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Gated, Picnic Area, Pond, Recreation Area, Other
  • Association Fee: 689
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association: Yes

Association/Amenities

  • Association Annual Expense: 689.00

Schools

  • Middle Or Junior School: East McDowell
  • HOA Subject To: Required

Lot Info

  • Lot Features: Corner Lot, Green Area, Paved, Private, Sloped, Wooded, Views
  • Lot Size Units: Acres
  • Parcel Number: 1731-00-30-2534
  • Plat Book Slide: 7/15
  • Plat Reference Section Pages: 7/15
  • Lot Size Acres: 2.02
  • Additional Parcels: No
  • Zoning Specification: Res

MLS Schools

  • Elementary School: Nebo
  • High School: McDowell

Map

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/18/2026 09/18/26 For Sale $425,000 -- $354 / Sq Ft
Source: Canopy MLS

Source: Canopy MLS

MLS Number: 4425232

Canopy MLS
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