242 Falling Creek Drive, Nebo NC
- 3 Bed
- 3 Bath
- 1446 ft2
- 3.8 ac
For Sale $586,000
Remarks:
Cozy Mountain Cabin with Creek Frontage, Mountain Views & Extensive Updates in Katy Creek Community! Don't miss this opportunity to own a cozy mountain cabin in the desirable Katy Creek Community! This has been a family cabin and has never been on a rental program, so it has been well cared for. Situated on 3.77 acres in southern McDowell County, this property offers beautiful mountain views, frontage along Muddy Creek, privacy, and the peaceful mountain lifestyle you've been looking for. Start your mornings on the spacious wraparound deck with a cup of coffee while taking in the mountain views and tranquil surroundings. The outdoor living spaces are perfect for relaxing, entertaining, or gathering around the fire pit. Enjoy the added charm of the pergola and lower deck, creating even more space to soak in the beauty of the outdoors. Inside, the home features 3 bedrooms and 3 bathrooms, along with additional finished basement living space currently used as a guest suite. The basement features custom cabinetry, additional flooring, and a finished staircase, making it ideal for extended family, overnight guests, or your own private retreat. An added exterior door provides convenient access to the lower deck. This property has seen numerous updates and improvements, including a new roof in 2025, two new mini-splits, a concrete driveway to the basement, updated landscaping with evergreens and perennials, and a new dishwasher in 2024. Additional improvements include a large rear deck with pergola and lower level deck for the basement level, a buried 500-gallon propane tank and a gas option added to the existing electric stove hookup. Even better, select furnishings are included in the sale, making your transition to mountain living that much easier! Included items feature outdoor deck furniture purchased in 2024, fire pits, kitchen table and chairs, downstairs bedroom furniture, a sleeper sofa, TVs, and basement shelving. Other furnishings and household items may be negotiable. When you're ready to explore, there's plenty to enjoy throughout Western North Carolina. Experience breathtaking fall colors, local festivals, hiking and biking trails, unique shops, great dining, and endless outdoor recreation. With Lake James nearby and Asheville and Hickory within easy reach, you'll have plenty of opportunities for day trips and new adventures. Come enjoy mountain views, creek frontage, privacy, and plenty of room to spread out on 3.77 beautiful acres. Whether you're looking for a full-time residence, a relaxing weekend getaway, or a place to gather and entertain family and friends, this inviting mountain retreat offers the perfect opportunity to enjoy all that Western North Carolina has to offer. Come see all this mountain getaway has to offer and imagine making it your own!
General Information:
| List Price: | $586,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1446 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4429484 |
| Subdivision: | Katy Creek |
| Bathrooms: | 3 |
| Year Built: | 2004 |
| Sewer Type: | Septic Installed |
Assigned Schools:
| Elementary: | Glenwood |
| Middle: | East Middle |
| High: | McDowell |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 10-07-2026 | Listed | $586,000 | $406 |
| 01-15-2026 | Price Decrease | $2,100,000-14.81% | $1,453 |
| 01-15-2026 | Price Increase | $2,465,000+17.38% | $1,705 |
| 01-14-2026 | Price Decrease | $2,100,000-14.81% | $1,453 |
| 01-14-2026 | Price Increase | $2,465,000+17.38% | $1,705 |
| 01-13-2026 | Listed | $2,465,000 | $1,705 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| No schools found | |||
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.
Properties For Sale Nearby
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 |
| 242 Falling Creek Drive, Nebo NC | 0 mi | $586,000 | days | |
| 115 Pondview Drive, Nebo NC | 0.4 mi | $829,000 | days |
Sold Properties Nearby
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 |
Commute Distance & Time
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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 |
Demographic Data For Zip 28761
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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.
Property Listing Information
A Courtesy Listing Provided By Realty Group 1 LLC
242 Falling Creek Drive, Nebo NC is a 1446 ft2 on a 3.770 acres Appraisal lot. This is for $586,000. This has 3 bedrooms, 3 baths, and was built in 2004.
Based on information submitted to the MLS GRID as of 2026-10-07 06:22:43 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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Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
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