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
Property Features
Listing Office:
Office Name: Mountain Land Realty
Exterior Features
Exterior Information:
Waterfront: Beach
View: Mountain(s), Water
Other
Directions Information:
Directions: US 25/70 towards Marshall. Take right on River Rd before the French Broad River. 1.6 miles to 1641 on the left. 2..2 miles to right on Lodge Cabin Lane.
Price Information
Listing Price Info
Price Summary:
List Price: $2,300,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Hot Springs, NC.
This property is $1.9M more than the Median List Price in Hot Springs, NC.
Based on homes listed in the last 12 months
MLS Details
MLS Information:
MLS Number: #4110241
Listing Office:
Office Name: Mountain Land Realty
Listings courtesy of Canopy MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$11.5K
Per Month
Principal & Interest
$11.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$6,962
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Hot Springs Elementary School
63 N Serpentine Ave
Distance between this listing and this school1.01 miles
Public District Grades KG-5
6
/10
Brush Creek Elementary School
265 Upper Brush Creek Rd
Distance between this listing and this school8.39 miles
Public District Grades KG-5
5
/10
Nolachuckey Elementary School
565 Nolichuckey Rd
Distance between this listing and this school10.86 miles
Public District Grades PK-5
Nearby Schools
5
/10
Madison Middle School
95 Upper Brush Creek Rd
Distance between this listing and this school8.34 miles
Public District Grades 6-8
6
/10
Del Rio Elementary School
500 Highway 107 S
Distance between this listing and this school9.62 miles
Public District Grades KG-8
7
/10
Grassy Fork Elementary School
4120 Big Creek Rd
Distance between this listing and this school14.84 miles
Public District Grades KG-8
Nearby Schools
6
/10
South Greene High School
7469 Asheville Hwy
Distance between this listing and this school10.28 miles
Public District Grades 9-12
6
/10
Madison Early College High School
5734 US 25/70 Hwy
Distance between this listing and this school11.19 miles
Public District Grades 9-12
4
/10
Madison High School
5740 US Hwy 25-70
Distance between this listing and this school11.29 miles
The neighbors living near this home have an average income of $28,704. Typical income of Hot Springs, NC residents is less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1641 River Rd
What is the listing price of this property?
The listing price of 1641 River Rd property is $2,300,000.
What type of property is this?
The property 1641 River Rd is land located in Hot Springs, North Carolina, 28743.
Is this property for sale now?
Active Listing: 1641 River Rd is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1641 River Rd in Hot Springs, NC and zip code 28743. It has been listed on Rocket Homes since February 17, 2024 and is currently priced at $2,300,000.
The number of listings in Hot Springs, NC increased by 11.8% between September 2024 and October 2024. While the average time on the market in October 2024 was 122 days, the median list price was $395,000.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Canopy MLS as distributed by MLS GRID.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. 
NASCAR
NASCAR
Hunting
Monster Trucks
Dollar General
Wal-Mart
Academy Sports & Outdoors
Hardee's
Applebees
Jimmy Johns
GMC
Ram
Chevrolet
Classic Country
Oldies