8020 Meadow Fork Road
8020 Meadow Fork Road
Hot Springs, NC 28743
$1,190,000
- Bedrooms: 6
- Bathrooms: 5
- Lot Size: 184 Acres
Description
BEST VALUE Homestead in WNC! Seriously. $1.4M BELOW Tax Value. Offering 184 fully surveyed acres plus two houses, greenhouse and large commercial grade multi-purpose building with pasture and creek frontage on Meadow Fork Creek. Ideal for retreat center, wellness center, spiritual retreat center, family compound, vacation rental or a recreational paradise. Property was operated successfully for 25+ years as a retreat center. Tax value is nearly $2.4 MILLION, but offered for less than half. Why? Seller sold this last year with owner financing and the buyer defaulted, so the seller took back title and says "Sell it!" Main dwelling has septic permit for 3BR, but house designed and used for years as a 7 bedroom lodge sleeping up to 22 guests at a time with living on three levels and a huge wrap around deck overlooking acres of gently laying fields and pasture. Guest house is a 3BR/2BA manufactured home of excellent quality tucked up in the woods. Small creek flows along one side of the property and Meadow Fork Branch adjoins the property down by the road (no flooding on the property). There's a 60' x 120' greenhouse frame complete with concrete walks inside, all equipment and starter tables, irrigation components, etc. There is a large fenced in animal corral area where seller once had goats and other livestock. The Multi-purpose building is a commercial grade building with huge clear span meeting area that can easily seat 100. Features a bunk room with several beds, laundry room, foyer, men's and women's restrooms with toilet stalls and shower stalls along with a large kitchen. There's even a Pioneer Princes wood cook stove. This alone retails today for around $4k! Built over a large crawl space full of equipment and supplies. All furnishings, bedding, decorations, appliances, etc. on the property at time of listing convey though some items in the photos (mainly the Guest Cottage) have been removed, but most are still in place. That is, this is a totally "Turn-Key", "Move In Ready" property! High speed internet is blazing fast fiber optic provided by French Broad Electric. The wooded areas above the pasture and buildings is easily accessed via a well maintained and solidly built gravel drive that leads from the paved public road (Meadow Fork Road) to the very top of the property. There are multiple good laying building sites up there offering excellent views. Drive is shared with the seller who has retained his personal home off to one side up near the top. CASH OFFERS ONLY and all prospects MUST show proof of funds prior to showing. This property is unique and will not qualify for any kind of conventional financing.
Property Summary
| Property Type: | Residential | Property Subtype : | Single Family Residence |
| Year Built : | 2000 | Construction Type : | Site Built |
| Lot Size : | 184 Acres | Living Area : | 3,865 sqft |
Property Features
- Adjoins Forest
- Cleared
- Creek Front
- Sloped
- Creek/Stream
- Views
- Wooded
- Other - See Remarks
- Fireplace
- Covered Patio
- Deck
Views
- Mountain(s)
Appliances
- Electric Range
- Microwave
- Refrigerator
- Other
More Information
- Construction : Log
- Roof : Composition
- Parking : Circular Driveway, Parking Space(s)
- Heating : Central, Electric, Propane, Wall Furnace
- Cooling : Central Air, Window Unit(s), Other - See Remarks
- Water Source : Well
- Road : Publicly Maintained Road
- Listing Terms : Cash
Based on information submitted to the MLS GRID as of 10-01-2025 17:40:05 UTC 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.