5830 NC 209 Highway, Hot Springs NC

  • 5 Bed
  • 11.4 ac

For Sale $1,300,000

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Remarks:

Nestled in the mountains of Madison County, these meticulously-maintained cabins are located a short drive to Marshall, Mars Hill, Asheville, Weaverville, and Tennessee. This established nightly rental business boasts an occupancy of over 85% for 2025 and 80%+ of bookings are direct (vs. Airbnb/3rd party). The existing staff is local and long tenured and wishes to stay on with new buyer. The property has five adorable log cabins on 11.44 acres and very low property taxes. All cabins have one bedroom and one bath, a fireplace, and a gas grill. Private covered deck with hot tub in every unit allows guests to soak in the mountain views. Commerical washer/dryers are housed in utility building added in 2025. High speed internet + TV/streaming is readily available for guests. Visitors can enjoy solitude and hike trails in nearby Pisgah National Forest and Appalachian Trail. This is a rare turnkey business opportunity with over 20 years of documented bookings. Website and all future bookings convey. Latest survey obtained in 2020. Each cabin has its own septic system. Come to Hot Springs to start living your short-term rental dream today! Explore more: https://listings.wncrealestatephotography.com/sites/rdvnyman/unbranded

Exterior Features:

Hot Tub

General Information:

List Price: $1,300,000
Status: For Sale
Bedrooms: 5
Type: Fiveplex
Parking: Driveway
MLS Number: CAR4356324
Subdivision: None
Style: Cabin
Lot Description: Cleared, Private, Wooded, Views, Other - See Remarks
Year Built: 2005
Sewer Type: Septic Installed, Other - See Remarks

Assigned Schools:

Elementary: Unspecified
Middle: Unspecified
High: Unspecified

Price & Sales History

Date Event Price $/SQFT
04-25-2026 Listed $1,300,000 N/A
01-22-2026 Price Decrease $289,000-0.99% N/A
01-06-2026 Price Decrease $291,900-2.37% N/A
12-06-2025 Price Decrease $299,000-6.56% N/A
11-07-2025 Price Increase $320,000+15.11% N/A
10-10-2025 Price Decrease $278,000-7.30% N/A
08-25-2025 Price Decrease $299,900-5.39% N/A
07-21-2025 Price Increase $317,000+6.02% N/A
05-18-2025 Listed $299,000 N/A

Nearby Schools

These schools are only nearby your property search, you must confirm exact assigned schools.

School Name Distance Grades Rating
Hot Springs Elementary School 4 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.

Properties For Sale Nearby

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Street Address Distance Status List Price Days on Market
5830 NC 209 Highway, Hot Springs NC 0 mi $1,300,000 days
1 to 1 of 1 Result

Sold Properties Nearby

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  • Down Payment Amount $990,000
    Mortgage Amount $3,960,000
    Monthly Payment (Principal & Interest Only) $19,480

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    Total Monthly Payment $20,941

    Demographic Data For Zip 28743

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    Property Listing Information

    A Courtesy Listing Provided By EXP Realty LLC

    5830 NC 209 Highway, Hot Springs NC is a ft2 on a 11.440 acres lot. This is for $1,300,000. This has 5 bedrooms, baths, and was built in 2005.

    Based on information submitted to the MLS GRID as of 2026-04-25 11:26:47 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.