$1,190,000

8020 Meadow Fork Rd Hot Springs, NC 28743

Estimated payment $6,281/month

Total Views 4,332
6 Beds
5 Baths
5,425 Sq Ft
$219 Price per Sq Ft

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

John Haynes

Retreat Realty, Ltd. Brokerage Email: john@retreatrealty.net License #167245 Listed on: 09/27/2025

Retreat Realty, Ltd.

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$180

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Year Built: 2000
  • Restrictions: No Restrictions
  • Second Living Quarters: Guest House,Other - See Remarks
  • Road Surface Type: Gravel, Paved
  • Unit Levels: Two
  • Ratio CurrentPrice/TotalPropertyHLA: 219.35
  • Geocode Confidence: High
  • Attribution Contact: john@retreatrealty.net
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Wood, Other - See Remarks
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1010
  • Third Level Sq Ft: 883
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 986
  • Appliances: Electric Range, Microwave, Refrigerator, Other
  • Above Grade Finished Sq Ft: 2879
  • Has Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 986
  • Fireplace Features: Propane
  • Living Area: 5425
  • Bedroom Main: 1
  • Bedroom Basement: 0

Exterior Features

  • Exterior Features: Livestock Run In, Other - See Remarks
  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • View: Mountain(s)
  • Water Body Name: Creek
  • Waterfront Features: None
  • Construction Type: Log
  • Other Structures: Greenhouse, Other - See Remarks
  • Patio And Porch Features: Covered, Deck

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Circular Driveway, Parking Space(s)

Utilities

  • Heating: Central, Electric, Propane, Wall Furnace
  • Sewer: Septic Installed
  • Laundry Features: Mud Room, Other - See Remarks
  • Cooling: Central Air, Window Unit(s), Other - See Remarks
  • Utilities: Cable Available, Fiber Optics
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Lot Features: Adjoins Forest, Cleared, Creek Front, Sloped, Creek/Stream, Views, Wooded, Other - See Remarks
  • Lot Size Units: Acres
  • Parcel Number: 8735-47-9029
  • Zoning: R
  • Additional Parcels Description: 8735-57-3947; 8735-69-6369
  • Additional Parcels: Yes
  • Zoning Specification: Rural Residential

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Map

Range of Values:

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Value Increase
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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 $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
Source: Public Records

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
Source: Canopy MLS (Canopy Realtor® Association)

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: Public Records

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4306581

Canopy MLS (Canopy Realtor® Association)

APN: 8735-47-9029