For Sale $2,825,000
The Magnolia House is a renowned, historic mountain estate set on 3 acres of beautifully curated gardens amidst majestic, old growth trees & breathtaking mountain views. Previously managed as a B&B for 24 years & revived in 2021 to its current operation as a destination wedding venue, event space & luxury vacation rentals, the property is a private gated sanctuary situated in the heart of Hot Springs. Offered fully furnished, the vintage modern Manor features 7BR’s, 6BA’s, 2 half BA, a commercial kitchen that once housed a fine dining restaurant, multiple outdoor porches & pavilion. In addition to the main house is the Garden House with its magical cottage garden, 3BR’s/2BA's, spacious kitchen, living & dining rooms + outdoor hot tub. The quaint town of Hot Springs, known for its natural healing mineral waters at the Hot Springs Spa, Main St. being the AT, offers restaurants, Brewery/Taqueria, Wood Fired Pizza, Deli, Galleries, Mtn Outfitters, Library, Hiking, Rafting, Flyfishing & National Forest! A beautiful and magical place to live!
Hot Tub, Storage
| List Price: | $2,825,000 |
| Status: | For Sale |
| Bedrooms: | 10 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 3312 sqft |
| Parking: | Electric Gate, Parking Space(s) |
| MLS Number: | CAR4286728 |
| Subdivision: | None |
| Style: | Victorian |
| Bathrooms: | 10 |
| Lot Description: | Level, Private, Views |
| Year Built: | 1868 |
| Sewer Type: | Public Sewer |
| Elementary: | Hot Springs |
| Middle: | Madison |
| High: | Madison |
| Date | Event | Price | $/SQFT |
| 08-24-2025 | Listed | $2,825,000 | $853 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Hot Springs Elementary School | 0 miles | KG-05 | 7 |
| Brush Creek Elementary School | 8 miles | KG-05 | 7 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 196 & 204 Lawson Street, Hot Springs NC | 0 mi | $2,825,000 | days | |
| 227 Lawson Street, Hot Springs NC | 0.1 mi | $499,000 | days | |
| 133 Lawson Street, Hot Springs NC | 0.1 mi | $425,000 | days | |
| 169 Serpentine Avenue, Hot Springs NC | 0.2 mi | $599,000 | days | |
| 362 Spring Street, Hot Springs NC | 0.4 mi | $689,000 | days | |
| 31 Raleigh Lane, Hot Springs NC | 0.4 mi | $235,000 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By Mountain Home Properties
196 & 204 Lawson Street, Hot Springs NC is a 3312 ft2 on a 3.120 acres lot. This is for $2,825,000. This has 10 bedrooms, 10 baths, and was built in 1868.
Based on information submitted to the MLS GRID as of 2025-08-24 09:05:28 EST. 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. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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