Water Views
Address
1641 River Road, Hot Springs, NC
Price
$ 2,500,000
Property Attributes
- ID#4105853
- TypeCommercial
- CountyMADISON
- CityHot Springs
- AreaMadison County
- Zip28743
- StyleSpecial Purpose
- Price$ 2,500,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size15 Acres
Data Source:
Canopy MLS
Property Description
Discover riverfront mountain living at River lodge Retreat, a remarkable SHORT-TERM RENTAL CABIN COMMUNITY nestled in Hot Springs, NC. Five updated cabins spread across two parcels totaling approximately 15 acres; situated minutes from downtown Hot Springs, renowned for its rejuvenating hot springs tubs, vibrant local culture, and access to the Appalachian Trail. River Lodge has one existing riverfront cabin with an additional riverfront build site available with water, power and septic installed. River Lodge also boasts three additional build sites with infrastructure in place, providing a significant value add proposition. With consistent rental history and net positive cash flow, River Lodge presents a perfect investment opportunity. From hiking the AT, fishing, and kayaking, the surrounding wilderness beckons outdoor enthusiasts to explore and indulge in a myriad of recreational activities. Whether seeking investment, adventure or solace, River Lodge offers something for everyone.
| Price History | |
|---|---|
| 2/13/2024 | Listed $2,500,000 |
General Features
| Year Built | 2007 |
|---|---|
| Property SubType | Special Purpose |
| Waterfront Features | Beach - Private |
| Additional Parcels Description | 8860183509 |
| County | Madison |
| New Construction | No |
| Property Type | Commercial Sale |
| Directions | US 25/70 towards Marshall. Take right on River Rd before the French Broad River. 1.6 miles to 1641 on the left. 2..2 miles to right on Lodge Cabin Lane. |
| City | Hot Springs |
| Body of Water | french broad River |
| Number of Units Leased | 5 |
| Street Name | River |
| Virtual Tour | https://mls.ricoh360.com/2208fe73-2f2b-457a-84f5-34927bb866a2 |
| Standard Status | Active |
| CAR_HOASubjectTo | None |
| Construction Type | Site Built |
| Restrictions | No Restrictions |
| Tax Assessed Value | 755346 |
| Virtual Tour | https://view.ricoh360.com/2208fe73-2f2b-457a-84f5-34927bb866a2 |
Interior Features
| Street Suffix | Road |
|---|
Exterior Features
| Inclusions | Building,Business,Equipment,Fixtures,Land |
|---|---|
| Lot Size Area | 15 |
| Number of Buildings | 5 |
| Road Surface Type | Gravel,Paved |
| Lot Size Units | Acres |
| Road Responsibility | Private Maintained Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 28743
Price
Visits
Year Built
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