For Sale $849,000
Looking for Peace? Tranquility? Move in ready? This Turn key, rarely available, custom built new construction home located in the exclusive Catawba Falls Preserve community (with direct Catawba Falls waterfall trail) access checks all the boxes. Situated on over 1.5 acres with winter views, forest views and the upper ridge of the community year round. This professionally decorated home is being sold fully furnished and outfitted- what you see is what you get, everything is included. This home was thoughtfully designed to be a full time or seasonal residence, but is also ready to be a successful, vacation rental investment. This home is an active, cash flowing short term rental with a high occupancy rate. The owners designed this home with functionality in mind, noticeable at every turn while walking through the over 3000 square feet of living areas and the expansive outdoor spaces. Boasting 5 furnished bedrooms plus a den (used as bedroom 6 for rentals), 3.5 bathrooms and a fully finished (daylight) basement, this home allows families to spread out. The basement has outside access to a thoughtfully designed private hot tub. The game room comes outfitted with a regulation ping pong table, foosball table and cards table. The level includes two bedrooms, one being a separate master suite with en-suite bathroom, a living room and the recreational area. The main level of the home has two decks, front and back, fully equipped with a propane fire pit, barbecue and ample seating areas. The elegant custom stone, wood burning fire place adds to an open living room that leads to a fully custom kitchen. The kitchen features high end upgrades including soft close cabinets, wine rack, farm sink and upgraded appliances. The main level has a master bedroom with ensuite bathroom as well. The upper level is rounded out with two more bedrooms, a den, full bathroom and five active gable dormers adding to the mountain living vibes. The exterior of the home features upgraded landscaping, an in ground basketball hoop and ample parking for multiple vehicles. The home is situated below street level offering supreme privacy and the owners have invested in clearing a usable large backyard space. Catawba Falls Preserve is a gated community with great proximity to Chimney Rock park, Chimney Rock village, Lake Lure and downtown Asheville. The community center and playground round out the area. Other upgrades include stained outdoor decks, tongue and groove ceilings, enhanced plank floors throughout all levels, upgraded led lighting and a full WiFi package- door bell, door lock and camera system. Don't miss out on your chance to own your slice of mountain serenity, this won't last long.
| List Price: | $849,000 |
| Status: | For Sale |
| Bedrooms: | 5 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1105 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4375921 |
| Subdivision: | Catawba Falls Preserve |
| Bathrooms: | 4 |
| Year Built: | 2025 |
| Sewer Type: | Septic Installed |
| Elementary: | Old Fort |
| Middle: | West McDowell |
| High: | McDowell |
| Date | Event | Price | $/SQFT |
| 06-17-2026 | Price Decrease | $849,000-5.66% | $769 |
| 05-16-2026 | Listed | $899,900 | $815 |
| 09-03-2025 | Under Contract | $690,000-1.43% | $625 |
| 06-22-2025 | Listed | $700,000 | $634 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Fairview Elementary | 10 miles | KG-05 | 7 |
| ArtSpace Charter School | 10 miles | KG-06 | 8 |
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 |
| 233 Arcadia Falls Way, Black Mountain NC | 0 mi | $849,000 | days | |
| 50 Glass Falls Trail, Black Mountain NC | 0.3 mi | $799,000 | days | |
| 488 Warbler Lane, Black Mountain NC | 0.8 mi | $3,250,000 | days | |
| 192 Woodruff Lane, Black Mountain NC | 0.8 mi | $1,790,000 | days | |
| 294 Verbena Drive, Black Mountain NC | 1 mi | $679,000 | 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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| 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 Omar C. Hazien
233 Arcadia Falls Way, Black Mountain NC is a 1105 ft2 on a 1.500 acres Appraisal lot. This is for $849,000. This has 5 bedrooms, 4 baths, and was built in 2025.
Based on information submitted to the MLS GRID as of 2026-05-16 10:26:15 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
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