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Land with Home for Sale in Old Fort, North Carolina

1242 Gateway Pkwy, Old Fort, NC 28762

$699,000
4 acres
Active sale
ago
Est $4,052/mo

Set high atop a private, gated mountain community, this beautifully appointed 3-bedroom, 2-bathroom log cabin offers one of the most sought-after settings in Western North Carolina, with sweeping, long-range views of the Blue Ridge Mountains and Lake Lure visible in the distance-scenery that's a big part of why this home has become a standout, highly successful vacation rental with a loyal base of repeat guests. Inside, the open-concept design connects the living, dining, and kitchen areas, all oriented to take full advantage of the mountain backdrop; the living room centers around a cozy wood stove and flows into a well-equipped kitchen with a gas range and full furnishings and cookware, while the dining area comfortably seats a group and a wraparound deck extends the living space outdoors with multiple spots for lounging and dining. The main level includes two queen bedrooms and a full bathroom with both a soaking tub and walk-in shower, while upstairs a private primary suite offers a king bed, en suite bathroom, and a peaceful loft area perfect as a reading nook or remote workspace; a lower-level recreation space adds even more flexibility, with direct access to a private hot tub positioned to take in the same incredible mountain views, plus a fire pit for evenings of stargazing. Beyond the home itself, the gated community offers a rare slate of shared amenities that elevate the experience even further, including a scenic waterfall area, a small community lake with a dock, and a network of hiking trails, with the gated entrance adding privacy and security for guests seeking a quiet, secluded escape without sacrificing convenience. The location strikes an excellent balance between seclusion and accessibility, with a short drive to Old Fort for dining and breweries, easy reach of Black Mountain, Chimney Rock, and Lake Lure, and Asheville and the Blue Ridge Parkway both within about 45 minutes. Offered fully furnished and turnkey-including all furnishings, kitchenware, decor, and the hot tub-this home makes it exceptionally easy for a new owner to step in and continue operating it as an income-producing vacation rental from day one, and with its proven rental history, and unbeatable combination of privacy, views, and community amenities, it represents a rare opportunity to own a true mountain retreat that also performs as a strong investment property.

1,719
Sq feet
3
Beds
2
Full baths
2000
Built

Location

Street address
1242 Gateway Pkwy
Zip code
28762
Community
Gateway Mountain
Elevation
2,775 feet
Coordinates
35.548, -82.1752

Directions

From Old Fort, go out Old Fort Rd. to the main Gateway Mountain entrance on your left. Go through the gate and take a right on McKenzie Way and follow up to the three way intersection. Take a left on McKenzie Way N. Take a left on Gateway Parkway and follow to 1242 on your right.

Property details

Acreage
4.09 acres
Zoning
No zoning
MLS #
CMLS 4422894
Posted

Expenses

Homeowner Association Fee
$1,407 annually

Parcels

  • 065600596334

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

Features
Cleared, Green Area, Private, Views, Wooded

Exterior

Parking
Driveway
Pool
Deck
Features
Hot Tub

Structure

Stories
2
Water
Well
Heating
Central, Heat Pump
Cooling
Central Air
Materials
Wood
Roof
Shingle

Interior

Room Count
9
Rooms
Basement, Bathroom x 2, Bedroom x 3, Laundry Room
Fireplaces
Yes
Appliances
Dishwasher, Disposal, Exhaust Hood, Gas Range, Microwave, Oven, Refrigerator With Ice Maker, Washer/Dryer

Listing history

DateEventPriceChangeSource
Sept 9, 2026New listing$699,000CMLS
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This 4.09-acre property is located at 1242 Gateway Pkwy in Old Fort, NC 28762. The property is available for sale, priced at $699,000. It has a 1,719 square foot 3-bedroom, 2-bath house built in 2000.

Listed by GreyBeard Realty, (828) 669-1072

Checked 2 hours agoUpdated Source

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