1640, 1641, 1642 River Road, Hot Springs, NC
$1,500,000 · 6 bedrooms · 3,734 sq ft · built 2015
Listing courtesy of Looking Glass Realty AVL LLC (Mary Liske). Listing data provided by Canopy MLS, deemed reliable but not guaranteed.
About the home
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.
Price in context
- Asking $402 per square foot.
- No price changes since it was listed.
- 59 days on the market, listed 2025-11-04.
- County tax assessment $946,294; the asking price is 1.59× the assessed value.
Location
Neighborhood: None, Madison County, ZIP 28743.
Features
- Construction
- Wood
- Bathrooms
- 6 full
- Kitchen & appliances
- Dishwasher, Gas Range, Microwave, Refrigerator, Washer/Dryer
- Heating
- Central, Heat Pump
- Cooling
- Ceiling Fan(s), Central Air, Heat Pump
- Garage
- 2 spaces
- Parking
- Detached Garage, Parking Lot, Parking Space(s), RV Access/Parking
- Waterfront
- Other - See Remarks
- View
- Mountain(s)
- County
- Madison
Comparable homes on the market
- 3735 French Broad Parkway, Marshall — $2,000,000, 4 bd, 2,333 sq ft, 4.8 mi away
- 1623 Ammons Branch Road, Marshall — $1,200,000, 3 bd, 1,463 sq ft, 12.1 mi away
- 1623 Ammons Branch Road, Marshall — $1,200,000, 12.2 mi away
- 00 Nc 209 Highway, Spring Creek — $1,000,000, 14.2 mi away
- 580 Freemont Drive, Leicester — $1,242,000, 5 bd, 3,820 sq ft, 14.6 mi away
- 122 Running Deer Lane, Mars Hill — $2,400,000, 3 bd, 3,938 sq ft, 16.3 mi away
See it privately
Nicholas and Miriam Peters show every home personally. Peters & Associates, 4401 Barclay Downs Dr #132, Charlotte, NC 28209. Office 704-264-4572. Request a private showing.