314 Old Mill Road, Nebo NC
- 2 Bed
- 2 Bath
- 733 ft2
- 2.0 ac
For Sale $425,000
Remarks:
Welcome to your mountain retreat in Cascade Highlands, a desirable gated, lock-and-leave community just minutes from I-40 and Lake James. Conveniently located between Asheville, Hickory, Black Mountain, Marion, and Old Fort, this meticulously maintained cabin offers the perfect combination of privacy, convenience, recreation, and flexibility—ideal as a primary residence, short-term rental, or a personal escape. Inside, the thoughtfully designed floor plan features a bedroom and full bath on the main level, main-level laundry, and an inviting living area with a wood-burning stove. Upstairs, the private primary suite offers an ensuite bathroom and walk-in closet, while the spacious loft provides an ideal home office, reading area, or flex space. A wrap-around deck extends the living space outdoors and offers a wonderful setting for morning coffee, entertaining, and enjoying the peaceful wooded surroundings and seasonal winter views. The property also features a fully fenced side and backyard, large parking pad, and detached two-car garage with water and electricity. The garage upper level is framed and ready for conversion into a studio, workshop, in-law suite, or additional rental space, providing exceptional potential for hobbies, guests, extended family, or income-producing use. Cascade Highlands offers beautiful recreation areas. A community pond in the center of the development and river access with two picturesque cascades and natural boulder formations. With short-term rentals allowed, this home provides the rare opportunity to live comfortably as a full-time primary residence, generate rental income, and enjoy a private mountain getaway whenever you choose. Experience the best of Western North Carolina mountain living in a peaceful, well-maintained gated community with easy access to the region’s abundant outdoor adventures and charming towns.
General Information:
| List Price: | $425,000 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 733 sqft |
| Parking: | Driveway, Detached Garage |
| MLS Number: | CAR4425232 |
| Subdivision: | Cascade Highlands |
| Style: | Cabin |
| Bathrooms: | 2 |
| Lot Description: | Corner Lot, Green Area, Paved, Private, Sloped, Wooded, Views |
| Year Built: | 2002 |
| Sewer Type: | Septic Installed |
Assigned Schools:
| Elementary: | Nebo |
| Middle: | East McDowell |
| High: | McDowell |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 09-18-2026 | Listed | $425,000 | $580 |
| 12-18-2025 | Under Contract | $379,900 | $519 |
| 12-10-2025 | Listed | $379,900 | $519 |
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 |
| 314 Old Mill Road, Nebo NC | 0 mi | $425,000 | days | |
| 460 Cascades Parkway, Nebo NC | 0.2 mi | $425,000 | days | |
| 443 Cascades Parkway, Nebo NC | 0.3 mi | $379,000 | days | |
| 70 Cascades Drive, Nebo NC | 0.6 mi | $257,500 | days | |
| 67 Vista Drive, Nebo NC | 0.6 mi | $250,000 | days | |
| 90 Cascades Drive, Nebo NC | 0.6 mi | $249,900 | 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
Powered by Google Maps
Mortgage Calculator
$
%
%
| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
| Property Taxes |
$
|
| H.O.A. / Maintenance |
$
|
| Property Insurance |
$
|
| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28761
|
Occupancy Types |
|
Transportation to Work |
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 Carolina Mountain Sales
314 Old Mill Road, Nebo NC is a 733 ft2 on a 2.020 acres lot. This is for $425,000. This has 2 bedrooms, 2 baths, and was built in 2002.
Based on information submitted to the MLS GRID as of 2026-09-18 18:22:51 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.
Click here for more information
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.
Share
