2488 Catawba Falls Parkway, Black Mountain, NC
$1,984,000 · 5 bedrooms · 5 baths · 4,653 sq ft · built 2022
Listing courtesy of Real Broker, LLC (Rebecca Lafunor). Listing data provided by Canopy MLS, deemed reliable but not guaranteed.
About the home
Perched on a commanding ridgeline in the gated Catawba Falls Preserve community, this exceptional 2022-modern mountain home delivers panoramic and long-range views from virtually every room — sunrise from the east, sunset from the west, layered Blue Ridge peaks visible from the kitchen, living room, bedrooms, back porch, and lower-level patio hot tub alike. The main and upper level offers nearly 5,000 sq ft of thoughtfully designed living space: an open-concept great room with soaring vaulted ceilings, a dramatic wall of windows framing the mountain vistas, a large kitchen island, gas fireplace and custom built-ins with plenty of storage. Five bedrooms and 4.5 baths include a spectacular primary suite with separate dual vanity areas, deep soaker tub, oversized walk-in shower, and a huge walk-in closet with custom built-in shelving. The home is furnished with high-end Arhaus pieces available to purchase separately. The upper level features a bar and billiards room with widows for mountain vistas as art. Outdoor living here is effortless and stunning. The expansive back deck offers multiple seating areas and room to grill, all facing long-range mountain views that stretch ridge after ridge into the distance. Steps away, the lower patio delivers a view and a retreat — a private hot tub, a stone fire pit, and professionally landscaped stone pathways that make the grounds feel as considered as the interior An additional 3,000+ sq ft of unfinished space on the lower level — roughed in and ready — provides exceptional potential for two additional bedrooms, a home theater, gym, or expanded entertainment suite. Additional highlights: whole-house generator, 2-car garage with epoxy-coated floors, EV charger, and built-in storage. Paved roads throughout the well-maintained, gated community. Approximately 2,500 ft elevation — a little higher than the town of Black Mountain — delivering cooler summers and stunning seasonal color. Currently operated as a successful short-term rental (~50% of the year) and second residence. STR-permitted community. Only 20 minutes to Black Mountain.
Price in context
- Asking $426 per square foot.
- That is 5% below the $451 median across 26 active $1.5M+ homes in Black Mountain.
- 6th highest asking price of 26 active $1.5M+ homes in Black Mountain.
- 2nd largest by living area of the 25 with a recorded size.
- Reduced $166,000 (7.7%) from the original $2,150,000 asking price.
- 123 days on the market, listed 2026-06-09.
- County tax assessment $1,107,920; the asking price is 1.79× the assessed value.
- HOA dues $1,250 (annually).
Location
Neighborhood: Catawba Falls Preserve, McDowell County, ZIP 28711.
Features
- Style
- Farmhouse, Modern
- Levels
- Two and a Half
- Construction
- Fiber Cement, Stone Veneer
- Roof
- Architectural Shingle
- Bathrooms
- 4 full, 1 half
- Basement
- Partially Finished, Unfinished
- Fireplace
- Yes
- Flooring
- Vinyl
- Kitchen & appliances
- Dishwasher, Disposal, Double Oven, Dryer, Microwave, Oven, Refrigerator, Washer
- Heating
- Central, Electric, Forced Air, Heat Pump
- Cooling
- Ceiling Fan(s), Electric, Heat Pump
- Garage
- 2 spaces
- Parking
- Circular Driveway, Driveway, Attached Garage, Keypad Entry
- Exterior
- Fire Pit, Hot Tub
- Waterfront
- None
- View
- Long Range, Mountain(s), Year Round
- Lot
- Paved, Sloped, Wooded, Views
- Community
- Gated, Picnic Area, Playground, Recreation Area, Walking Trails
- County
- McDowell
Comparable homes on the market
- 131 Arcadia Falls Way, Black Mountain — $1,089,000, 3 bd, 4,258 sq ft, also in Catawba Falls Preserve
- 1767 Catawba Falls Parkway #238, Black Mountain — $1,229,000, 3 bd, 4,290 sq ft, also in Catawba Falls Preserve
- 1767 Catawba Falls Parkway #238, Black Mountain — $1,049,000, 3 bd, 4,290 sq ft, also in Catawba Falls Preserve
- 1914 Catawba Falls Parkway, Black Mountain — $1,299,000, 4 bd, 3,771 sq ft, 0.2 mi away
- 192 Woodruff Lane, Black Mountain — $1,700,000, 5 bd, 3,000 sq ft, 0.9 mi away
- 1659 High Rock Acres Drive, Black Mountain — $1,300,000, 4 bd, 2,885 sq ft, 1.0 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.