8020 Meadow Fork Rd Hot Springs, NC 28743
Estimated payment $6,281/month
Highlights
- Guest House
- Greenhouse
- Near a National Forest
- Madison Middle School Rated A-
- Mountain View
- Deck
About This Home
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.
Listing Agent
Retreat Realty, Ltd. Brokerage Email: john@retreatrealty.net License #167245 Listed on: 09/27/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $180
Year Built
- Built in 2000
Lot Details
- Sloped Lot
- Cleared Lot
- Wooded Lot
- Additional Parcels
- Property is zoned Rural Residential
Parking
- Circular Driveway
Home Design
- Cabin
- Composition Roof
- Log Siding
Interior Spaces
- 2-Story Property
- Propane Fireplace
- Wood Flooring
- Mountain Views
- Finished Basement
Kitchen
- Electric Range
- Microwave
Bedrooms and Bathrooms
- 5 Full Bathrooms
Laundry
- Laundry in Mud Room
- Laundry Room
Outdoor Features
- Access to stream, creek or river
- Deck
- Covered Patio or Porch
- Greenhouse
Utilities
- Central Heating and Cooling System
- Window Unit Cooling System
- Wall Furnace
- Heating System Uses Propane
- Septic Tank
- Fiber Optics Available
- Cable TV Available
Additional Features
- Guest House
- Livestock
Community Details
- No Home Owners Association
- Near a National Forest
Listing and Financial Details
- Assessor Parcel Number 8735-47-9029
Map
Home Values in the Area
Average Home Value in this Area
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 | $180 | $848,930 | $348,976 | $499,954 |
| 2023 | $1,805 | $334,234 | $264,066 | $70,168 |
| 2022 | $1,805 | $334,234 | $264,066 | $70,168 |
| 2021 | $1,805 | $334,234 | $264,066 | $70,168 |
| 2020 | $1,805 | $334,234 | $264,066 | $70,168 |
| 2019 | $1,722 | $296,932 | $242,262 | $54,670 |
| 2018 | $1,633 | $0 | $0 | $0 |
| 2017 | $1,657 | $0 | $0 | $0 |
| 2016 | $1,657 | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $187,354 | $0 | $187,354 |
| 2013 | -- | $296,932 | $242,262 | $54,670 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/27/2025 09/27/25 | For Sale | $1,190,000 | -- | $219 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Trustee Deed | $917,558 | None Listed On Document | |
| Trustee Deed | $917,558 | None Listed On Document | |
| Warranty Deed | $1,100,000 | None Listed On Document | |
| Deed | $370,000 | -- |
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4306581
APN: 8735-47-9029
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