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$1,190,000
29 Days On Site

8020 Meadow Fork Road
Hot Springs, NC 28743

For Sale|Single Family Residence|Active
6
Beds
5
Total Baths
5
Full Baths
3,865
SqFt
$308
/SqFt
2000
Built
Subdivision:
None
County:
Madison
Call Now: 704.495.4293
Is this the listing for you? We can help make it yours.
704.495.4293
8020 Meadow Fork Road8020 Meadow Fork Road8020 Meadow Fork Road8020 Meadow Fork Road
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Monthly Payment (Est.)

$5,429
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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.

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Listing Snapshot
Price 
$1,190,000
Days On Site 
29 Days
Bedrooms 
6
Inside Area (SqFt) 
3,865 sqft
Total Baths 
5
Full Baths 
5
Partial Baths 
N/A
Lot Size 
184 Acres
Year Built 
2000
MLS® Number 
4306581
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoListing first seen on site
4 weeks agoListing updated with changes from the MLS®
General Features
Levels 
Two
Parking 
Circular Driveway
Property Sub Type 
Single Family Residence
Sewer 
Septic Tank
SqFt Above 
2879
SqFt Below 
986
SqFt Total 
5425
Style 
Cabin
Utilities 
Cable Available
Water Source 
Well
Zoning 
R
Interior Features
Appliances 
Electric RangeMicrowaveRefrigeratorOther
Basement 
Finished
Cooling 
Central AirWindow Unit(s)
Fireplace 
Yes
Fireplace Features 
Propane
Flooring 
Wood
Heating 
CentralElectricPropaneWall Furnace
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Exterior Features
Construction Details 
Log
Lot Features 
ClearedSlopedViewsWooded
Other Structures 
Greenhouse
Patio And Porch 
CoveredDeck
Roof 
Composition
View 
Mountain(s)
Waterfront Features 
Creek
Waterview 
Mountain(s)
Community Features
Financing Terms Available 
Cash
Roads 
GravelPaved
Schools
School District
Unknown
Elementary School
Unspecified
Middle School
Unspecified
High School
Unspecified
Listing courtesy of Retreat Realty, Ltd. john@retreatrealty.net


Listings courtesy of Canopy MLS as distributed by MLS GRID

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Last checked - 2025-10-27 05:01 AM UTC

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