233 Arcadia Falls Way
Black Mountain, NC, 28711 $ 789,000
Bedrooms5 Baths3.1 Sq 3,057 Monthly Estimate*
$ 5,449
for $789,000 with 5 bedrooms and 3 full baths, 1 half bath. This 3,057 square foot home was built in 2025 on a lot size of 1.5.
Looking for Peace? Tranquility? Move in ready? This Turn key, rarely available, custom built new construction home located in the exclusive Catawba Falls Preserve community (with direct Catawba Falls waterfall trail) access checks all the boxes. Situated on over 1.5 acres with winter views, forest views and the upper ridge of the community year round. This professionally decorated home is being sold fully furnished and outfitted- what you see is what you get, everything is included. This home was thoughtfully designed to be a full time or seasonal residence, but is also ready to be a successful, vacation rental investment. This home is an active, cash flowing short term rental with a high occupancy rate. The owners designed this home with functionality in mind, noticeable at every turn while walking through the over 3000 square feet of living areas and the expansive outdoor spaces. Boasting 5 furnished bedrooms plus a den (used as bedroom 6 for rentals), 3.5 bathrooms and a fully finished (daylight) basement, this home allows families to spread out. The basement has outside access to a thoughtfully designed private hot tub. The game room comes outfitted with a regulation ping pong table, foosball table and cards table. The level includes two bedrooms, one being a separate master suite with en-suite bathroom, a living room and the recreational area. The main level of the home has two decks, front and back, fully equipped with a propane fire pit, barbecue and ample seating areas. The elegant custom stone, wood burning fire place adds to an open living room that leads to a fully custom kitchen. The kitchen features high end upgrades including soft close cabinets, wine rack, farm sink and upgraded appliances. The main level has a master bedroom with ensuite bathroom as well. The upper level is rounded out with two more bedrooms, a den, full bathroom and five active gable dormers adding to the mountain living vibes. The exterior of the home features upgraded landscaping, an in ground basketball hoop and ample parking for multiple vehicles. The home is situated below street level offering supreme privacy and the owners have invested in clearing a usable large backyard space. Catawba Falls Preserve is a gated community with great proximity to Chimney Rock park, Chimney Rock village, Lake Lure and downtown Asheville. The community center and playground round out the area. Other upgrades include stained outdoor decks, tongue and groove ceilings, enhanced plank floors throughout all levels, upgraded led lighting and a full WiFi package- door bell, door lock and camera system. Don't miss out on your chance to own your slice of mountain serenity, this won't last long.
See more
FeaturesGeneralLiving Area 3057
Sewer Septic Installed
Heating Central
Cooling Central Air
Utilities Fiber Optics
Roof Composition
Appliances Convection Microwave Convection Oven Dishwasher Dryer Electric Cooktop Electric Oven Electric Water Heater Microwave Refrigerator with Ice Maker Washer/Dryer
Development Status Completed
HOA Fee 1250
Garage Spaces 0
Patio/Porch Features Awning(s) Deck Front Porch
Construction Materials Hardboard Siding
Year Built 2025
View Mountain(s) Year Round
Levels Two
Property Subtype Single Family Residence
Parcel Number 0638-00-20-3444
Elevation 2500
Waterfront Features None
Community Features Clubhouse Gated Other
Assoc Fee Paid Per Annually
County McDowell
New Construction N
Property Type Residential
HOA Y
Subdivision Name Catawba Falls Preserve
Garage Y/N N
Full Baths 3
Directions I-40 to Black Mountain exit 64. South on hwy #9 for several miles. Turn Left on Crooked Creek for approx 1 mile to a left into Catawba Falls Preserve. Thru the gate you'll want to stay straight on Ar
High School McDowell
City Black Mountain
Association Name IPM
Senior Community Y/N N
Lot Size Units Acres
Carport Y/N N
Elementary School Old Fort
Middle/Junior High School West McDowell
Additional Parcels Y/N N
Builder Name Brown Haven
Standard Status Active
Construction Type Site Built
Restrictions Architectural Review Building Manufactured Home Not Allowed Square Feet
Tax Assessed Value 15750
Complex Name Catawba Falls Preserve
Listing Terms Cash Conventional FHA VA Loan
See more
InteriorBasement Daylight Exterior Entry Finished Multiple Below-Grade Levels
Fireplace Features Family Room Wood Burning
Basement (Y/N) Y
Fireplace Y/N Y
Above Grade Finished Area 2156
Half Baths 1
Laundry Features Laundry Closet Main Level
Total Bedrooms 5
Below Grade Finished Area 901
Total Baths 4
SqFt Main 1105
SqFt Lower 0
SqFt Upper 1051
Bedroom 1
See more
ExteriorParking Features Driveway
Water Source Well
Lot Size Area 1.5
Foundation Details Basement
Road Surface Type Concrete Paved
Road Responsibility Private Maintained Road
Main Level Garage YN N
See more
* Excluded FeaturesList ByArchstone Realty Group IncBroker
Affordability Calculator
- Monthly Principal & Interest
- $5,449
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
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.
Learn more about how to save NearbySingle family listings in Black Mountain, NC
Average List Price $793,890
Percent of Sale Price 1%
About Black Mountain, NC 8,684 Population
16% Since 2002
$ 46,068 Median Income
45.74 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
2157260 Elementary School
1809267 Middle School
McDowell High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/15/2026 | $789,000 | -7.07% | Price Down |
| 6/7/2026 | $849,000 | -5.66% | Price Down |
| 4/29/2026 | $899,900 | | Listed Price |