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1242 Gateway Parkway
$699,000
Old Fort, NC, 28762
singlefamily
3
2
Lot Size: 4.09 Acres
MLS #CAR4422894 image #0
ABOUT

Property Information

Set high atop a private, gated mountain community, this beautifully appointed 3-bedroom, 2-bathroom log cabin offers one of the most sought-after settings in Western North Carolina, with sweeping, long-range views of the Blue Ridge Mountains and Lake Lure visible in the distance—scenery that's a big part of why this home has become a standout, highly successful vacation rental with a loyal base of repeat guests. Inside, the open-concept design connects the living, dining, and kitchen areas, all oriented to take full advantage of the mountain backdrop; the living room centers around a cozy wood stove and flows into a well-equipped kitchen with a gas range and full furnishings and cookware, while the dining area comfortably seats a group and a wraparound deck extends the living space outdoors with multiple spots for lounging and dining. The main level includes two queen bedrooms and a full bathroom with both a soaking tub and walk-in shower, while upstairs a private primary suite offers a king bed, en suite bathroom, and a peaceful loft area perfect as a reading nook or remote workspace; a lower-level recreation space adds even more flexibility, with direct access to a private hot tub positioned to take in the same incredible mountain views, plus a fire pit for evenings of stargazing. Beyond the home itself, the gated community offers a rare slate of shared amenities that elevate the experience even further, including a scenic waterfall area, a small community lake with a dock, and a network of hiking trails, with the gated entrance adding privacy and security for guests seeking a quiet, secluded escape without sacrificing convenience. The location strikes an excellent balance between seclusion and accessibility, with a short drive to Old Fort for dining and breweries, easy reach of Black Mountain, Chimney Rock, and Lake Lure, and Asheville and the Blue Ridge Parkway both within about 45 minutes. Offered fully furnished and turnkey—including all furnishings, kitchenware, décor, and the hot tub—this home makes it exceptionally easy for a new owner to step in and continue operating it as an income-producing vacation rental from day one, and with its proven rental history, and unbeatable combination of privacy, views, and community amenities, it represents a rare opportunity to own a true mountain retreat that also performs as a strong investment property.
SPECIFICS

Property Details

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Price:
$699,000
MLS #:
CAR4422894
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Gateway Mountain
Listed Date:
Sep 9, 2026
Finished Sq Ft:
1,719
Lot Size:
178,160 sqft / 4.09 acres (approx)
Year Built:
2000
CabinWoodedGateway Mountain
AMENITIES

Interior

Above Grade Finished Area
1719
Appliances
Dishwasher, Disposal, Exhaust Hood, Gas Range, Microwave, Oven, Refrigerator with Ice Maker, Washer/Dryer
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Heating
Central, Heat Pump
Laundry Features
In Basement
Levels
Two
AMENITIES

Exterior

Architectural Style
Cabin
Community Features
Gated, Lake Access, Pond, Recreation Area, Walking Trails
Construction Materials
Wood
Exterior Features
Hot Tub
Lot Features
Cleared, Green Area, Private, Wooded, Views
Parking Features
Driveway
Patio And Porch Features
Covered, Deck, Wrap Around
Roof
Architectural Shingle
View
Long Range, Mountain(s), Year Round
NEIGHBORHOOD

Schools

Elementary School:
Unspecified
Middle School:
Unspecified
High School:
Unspecified
FINANCIAL

Financial

HOA Fee
$1,407
HOA Fee Frequency
Annually

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