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8020 Meadow Fork Road, Hot Springs, NC 28743 (MLS # 4306581)

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PRICE $1,190,000 dsIDX morgage calculator
BEDS 6
BATHS 5
HOME SIZE 3,865 sqft
LOT SIZE 184.00 ac

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.

TRACT None YEAR BUILT 2000
COMMUNITY None COUNTY Madison
STATUS Active PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Unspecified
Jr. High School Unspecified
High School Unspecified


ADDITIONAL DETAILS
AIR Central Air, Window Unit(s)
AIR CONDITIONING Yes
APPLIANCES Electric Range, Microwave, Other, Refrigerator
BASEMENT Finished, Yes
CONSTRUCTION Log
FIREPLACE Yes
HEAT Central, Electric, Propane, Wall Furnace
LOT 184 acre(s)
LOT DESCRIPTION Cleared, Sloped, Views, Wooded
MLS STATUS Active
PARKING Circular Driveway
SEWER Septic Tank
STORIES 2
STYLE Cabin
SUBDIVISION None
UTILITIES Cable Available
VIEW Yes
VIEW DESCRIPTION Mountain(s)
WATER Well
WATER ACCESS Creek
WATERFRONT DESCRIPTION Creek
MORTGAGE CALCULATOR
   

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Listed with Retreat Realty, Ltd.
Date last updated: 9/30/25 1:18 PM PDT

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