1640 Hot Springs, NC $ 1,500,000
1640
$ 1,500,000
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1640

Hot Springs, NC, 28743
$ 1,500,000
Bedrooms6 Baths6.0 Sq 3,734

Monthly Estimate*

$ 10,360

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Multi-Family Home for sale in Hot Springs, NC

for $1,500,000 with 6 bedrooms and 6 full baths. This 3,734 square foot home was built in 2015 on a lot size of 8.5.

Discover River Lodge Retreat, an established short-term rental property in the heart of Hot Springs, NC, offering a rare blend of income, expansion opportunity, and mountain tranquility. Spanning +/-8.5 private acres along the French Broad River, this property includes three furnished, income-producing cabins—each thoughtfully updated and surrounded by the sights and sounds of nature. Beyond the existing rentals, multiple build sites invite future growth. One riverfront site already has its own address, septic system, and power in place, ready for a new cabin or luxury riverside retreat. At the top of the property, multiple flat wooded sites provide easy access from an existing road—ideal for additional vacation rentals, a campground, or a private owner’s residence overlooking the valley and river below. This property is located just minutes from downtown Hot Springs, known for its natural hot mineral springs, charming shops, restaurants, and direct access to the Appalachian Trail. Guests return year-round to enjoy hiking, kayaking, fishing, and soaking in the area’s rich natural beauty. With a strong rental history and positive cash flow, River Lodge Retreat is a proven performer with exceptional potential to expand. Whether you’re an investor seeking a turnkey hospitality business, a developer envisioning a boutique cabin community, or a nature lover desiring a personal retreat with income possibilities, 1640, 1641, 1642, 1643 River Road offers endless opportunity in one of Western North Carolina’s most beloved destinations.

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Multi-Family Active

Price

$ 1,500,000

Bedrooms

6

Full Bath

6

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

8.5

Year Built

2015

Town/City

Hot Springs

County/Region

Madison

MLS | Web ID

4318441

Features
General
Living Area 3734
Sewer Septic Installed
Heating Central Heat Pump
Cooling Ceiling Fan(s) Central Air Heat Pump
Appliances Dishwasher Gas Range Microwave Refrigerator Washer/Dryer
Garage Spaces 2
Construction Materials Wood
Pets Allowed Yes
Year Built 2015
Tenant Pays None
View Mountain(s)
Stories Count 1
Property Subtype Portfolio
Parcel Number 8860-26-6391
Waterfront Features Other - See Remarks
County Madison
New Construction N
Property Type Residential Income
HOA N
Subdivision Name none
Garage Y/N Y
Full Baths 6
Directions US 25/70 towards Marshall. Take right on River Rd before the French Broad River. 1.6 miles to 1641 on the left. The other two cabins are directly across the road from 1641 River Road.
High School Unspecified
City Hot Springs
Body of Water French Broad River
Senior Community Y/N N
Number Of Units Total 3
Lot Size Units Acres
Carport Y/N N
Elementary School Unspecified
Middle/Junior High School Unspecified
Additional Parcels Y/N N
Virtual Tour https://tours.singlepointmedia.com/tours/x9YhlF1IF https://tours.singlepointmedia.com/tours/x9YhlF1IF
Standard Status Active
Construction Type Site Built
Tax Assessed Value 946294
Listing Terms Cash Conventional Owner Financing Private
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Exterior
Parking Features Detached Garage Parking Lot Parking Space(s) RV Access/Parking
Water Source City
Lot Size Area 8.5
Foundation Details Crawl Space
Building Area Total 3734
Road Surface Type Gravel
Road Responsibility Private Maintained Road
Main Level Garage YN N
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Interior
Basement (Y/N) N
Above Grade Finished Area 3734
Laundry Features In Bathroom
Total Bedrooms 6
Below Grade Finished Area 0
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* Excluded Features
List By
Looking Glass Realty Avl Llc

Broker

Affordability Calculator

$10,360
Per Month
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Monthly Principal & Interest
$10,360
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1081546 Elementary School
1081540 Middle School
Unspecified High School High School
Pricing History
DatePricePrice ChangeDescription
11/4/2025$1,500,000 Listed Price

Map


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1640, Hot Springs, NC, 28743 is a Multi-Family Home for sale at $1,500,000 with 3,734 sqft and a lot size of 8.5. 1640 has 6 bedrooms, 6.0 baths, and was built in 2015. The property's zip code is 28743 which is in Hot Springs, NC