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Lake Lure Is Back!

For a limited time, enjoy 15% off nightly rates, plus a $75 gift card when you book three nights or more. Valid for stays between May 15th and August 31st, 2026. Book by May 7th, 2026! Use code "RETURNTOLAKELURE" when booking online or mention it when contacting our team. Book online at www.RumblingBaldLodging.com or contact our team at 828.694.3015 or frontdesk@rumblingbald.com.

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233 Arcadia Falls Way
$899,900
Black Mountain, NC, 28711
singlefamily
5
4
Lot Size: 1.5 Acres
MLS #CAR4375921 image #0
ABOUT

Property Information

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.
SPECIFICS

Property Details

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Price:
$899,900
MLS #:
CAR4375921
Status:
Active
Beds:
5
Baths:
4
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Catawba Falls Preserve
Listed Date:
Apr 29, 2026
Finished Sq Ft:
3,057
Lot Size:
65,340 sqft / 1.50 acres (approx)
Year Built:
2025
NewconstructionCommunity Club HouseCatawba Falls PreserveOld FortWest McdowellMcdowell
AMENITIES

Interior

Above Grade Finished Area
2156
Appliances
Convection Microwave, Convection Oven, Dishwasher, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator with Ice Maker, Washer/Dryer
Bathrooms
3 Full Bathrooms, 1 Half Bathroom
Below Grade Finished Area
901
Cooling
Central Air
Heating
Central
Laundry Features
Laundry Closet, Main Level
Levels
Two
AMENITIES

Exterior

Community Features
Clubhouse, Gated, Other
Construction Materials
Hardboard Siding
Parking Features
Driveway
Patio And Porch Features
Awning(s), Deck, Front Porch
Roof
Composition
View
Mountain(s), Year Round
Waterfront Features
None
NEIGHBORHOOD

Schools

Elementary School:
Old Fort
Middle School:
West McDowell
High School:
McDowell
FINANCIAL

Financial

HOA Fee
$1,250
HOA Fee Frequency
Annually
HOA Name
IPM
HOA Phone
828-650-6875

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