$2,300,000
For Sale

1641 River Road

Hot Springs, NC 28743
Browse 41 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Discover riverfront mountain living at River lodge Retreat, a remarkable SHORT-TERM RENTAL CABIN COMMUNITY nestled in Hot Springs, NC. Five updated cabins spread across two parcels totaling approximately 15 acres; situated minutes from downtown Hot Springs, renowned for its rejuvenating hot springs tubs, vibrant local culture, and access to the Appalachian Trail. River Lodge has one existing riverfront cabin with an additional riverfront build site available with water, power and septic installed. River Lodge also boasts three additional build sites with infrastructure in place, providing a significant value add proposition. With consistent rental history and net positive cash flow, River Lodge presents a perfect investment opportunity. From hiking the AT, fishing, and kayaking, the surrounding wilderness beckons outdoor enthusiasts to explore and indulge in a myriad of recreational activities. Whether seeking investment, adventure or solace, River Lodge offers something for everyone.

  • Property Details
      • ViewMountain(s), Water
      • Sewer InformationSeptic Installed
      • Waterfront FeaturesBeach - Private
      • Parcel Number8860-26-6391
      • Elementary SchoolUnspecified
      • Middle SchoolUnspecified
      • High SchoolUnspecified
      • Utility SourceCity, Well
      • Original List Price$2,500,000
      • Property TypePurchase
      • CountyMadison
      • MLS #4110241
      • Cost2300000
      • Property SubtypeAcreage
      • MLS #4110241
      • Days on Market (Cumulative)309
      • Waterfront1

Location

Steve NogaReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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