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314 Old Mill Road
$425,000
Nebo, NC, 28761
singlefamily
2
2
Lot Size: 2.02 Acres
MLS #CAR4425232 image #0
ABOUT

Property Information

Welcome to your mountain retreat in Cascade Highlands, a desirable gated, lock-and-leave community just minutes from I-40 and Lake James. Conveniently located between Asheville, Hickory, Black Mountain, Marion, and Old Fort, this meticulously maintained cabin offers the perfect combination of privacy, convenience, recreation, and flexibility—ideal as a primary residence, short-term rental, or a personal escape.

Inside, the thoughtfully designed floor plan features a bedroom and full bath on the main level, main-level laundry, and an inviting living area with a wood-burning stove. Upstairs, the private primary suite offers an ensuite bathroom and walk-in closet, while the spacious loft provides an ideal home office, reading area, or flex space. A wrap-around deck extends the living space outdoors and offers a wonderful setting for morning coffee, entertaining, and enjoying the peaceful wooded surroundings and seasonal winter views.

The property also features a fully fenced side and backyard, large parking pad, and detached two-car garage with water and electricity. The garage upper level is framed and ready for conversion into a studio, workshop, in-law suite, or additional rental space, providing exceptional potential for hobbies, guests, extended family, or income-producing use.

Cascade Highlands offers beautiful recreation areas. A community pond in the center of the development and river access with two picturesque cascades and natural boulder formations. With short-term rentals allowed, this home provides the rare opportunity to live comfortably as a full-time primary residence, generate rental income, and enjoy a private mountain getaway whenever you choose. Experience the best of Western North Carolina mountain living in a peaceful, well-maintained gated community with easy access to the region’s abundant outdoor adventures and charming towns.
SPECIFICS

Property Details

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Price:
$425,000
MLS #:
CAR4425232
Status:
Active
Beds:
2
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Cascade Highlands
Listed Date:
Sep 18, 2026
Finished Sq Ft:
1,201
Lot Size:
87,991 sqft / 2.02 acres (approx)
Year Built:
2002
CabinWoodedCascade HighlandsNeboEast McdowellMcdowell
AMENITIES

Interior

Above Grade Finished Area
1201
Appliances
Dishwasher, Electric Oven, Refrigerator
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Tile, Wood
Heating
Propane
Laundry Features
In Kitchen
Levels
Two
AMENITIES

Exterior

Architectural Style
Cabin
Community Features
Gated, Picnic Area, Pond, Recreation Area, Other
Construction Materials
Log, Wood
Fencing
Back Yard, Fenced, Wood
Garage Spaces
2
Lot Features
Corner Lot, Green Area, Paved, Private, Sloped, Wooded, Views
Other Structures
Workshop
Parking Features
Driveway, Detached Garage
Roof
Metal
View
Mountain(s), Winter
NEIGHBORHOOD

Schools

Elementary School:
Nebo
Middle School:
East McDowell
High School:
McDowell
FINANCIAL

Financial

HOA Fee
$689
HOA Fee Frequency
Annually

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