131 Arcadia Falls Way, Black Mountain, NC

Situated within the gated enclave of Catawba Falls Preserve, this 2006 residence offers a disciplined study in mountain seclusion just fifteen minutes from the refined pace of downtown Black Mountain. The property spans 4,258 square feet, configured with three bedrooms and three bathrooms, and serves as a quiet retreat defined by expansive long-range vistas and direct proximity to the area's natural waterfalls. In an era where due diligence can often complicate acquisitions, the current owners have preemptively addressed the technicalities of the transition, having completed a professional pre-listing inspection and radon testing to ensure the structural integrity matches the aesthetic appeal. For the discerning investor, the Black Mountain submarket continues to command attention for its unique ability to balance rugged Western North Carolina geography with sophisticated accessibility. The option to acquire the residence nearly turnkey, including select furnishings, presents a streamlined entry into the region's premier gated lifestyle. Private viewings may be coordinated through Peters & Associates.

About the home

For the buyer who wants to truly get away from it all without giving up the charm and convenience of Black Mountain, this is mountain living at its best. Set on a private homesite within gated Catawba Falls Preserve, this exceptional retreat offers peace, cool mountain air and long-range views toward Mt. Mitchell—all just 8 miles from downtown Black Mountain. The sense of getting away begins as you leave town and wind your way into the mountains, where life feels quieter and more connected to nature. Start the day with coffee on the porch, gather for dinner on the screened porch or unwind on the expansive Trex deck as deer and wild turkeys make their way through the property. With hiking, biking, waterfalls and abundant outdoor recreation nearby, adventure is always within reach. Inside, soaring vaulted ceilings and walls of windows bring the beauty of the surrounding mountains and forest into nearly every room. The open living spaces are warm and inviting, anchored by a gas fireplace and filled with natural light and serene views. The kitchen features custom hickory cabinetry, quartz countertops, a spacious pantry and generous workspace, while the cathedral-ceiling dining room creates a stunning setting for everyday meals or entertaining. The main-level primary suite is a private retreat of its own, complete with a fireplace, custom walk-in closet and spa-inspired bath. Two additional bedrooms and a versatile bonus room provide plenty of space for family and guests, or flexibility for a home office, fitness room or additional sleeping accommodations. Outdoor living is just as thoughtfully designed. A screened porch, private stone terrace with gas fireplace and newly expanded Trex deck create multiple spaces to relax, dine and entertain while taking in the surrounding mountains and long-range views toward Mt. Mitchell. The home has been thoughtfully maintained and prepared for its next owner. The sellers completed a pre-listing home inspection and radon test and addressed identified items in advance. Additional features include a whole-house generator, oversized two-car garage with workshop and built-in storage, unfinished basement with excellent storage and future potential, two energy-efficient HVAC systems installed in 2025, a newer water heater, architectural roof and conditioned crawl space. This is not a home for someone who wants to be in the middle of town—and that is precisely its appeal. It is for the buyer who values privacy, nature, beautiful views and the restorative feeling of a true mountain retreat, while still keeping Black Mountain within easy reach. Come for the house. Stay for the peace, quiet and mountain views.

Price in context

• Asking $256 per square foot.
• That is 44% below the $453 median across 24 active $1.5M+ homes in Black Mountain.
• 23rd highest asking price of 24 active $1.5M+ homes in Black Mountain.
• 7th largest by living area of the 23 with a recorded size.
• Reduced $61,000 (5.3%) from the original $1,150,000 asking price.
• 100 days on the market, listed 2026-06-27.
• County tax assessment $842,770; the asking price is 1.29× the assessed value.
• HOA dues $1,250 (annually).

Location

Neighborhood: Catawba Falls Preserve, McDowell County, ZIP 28711.

Assigned schools

• Elementary: Old Fort
• Middle: West Mcdowell
• High: Mcdowell

School assignments come from the listing and can change; confirm with the district.

Features

Style

Contemporary

Levels

One and One Half

Construction

Hardboard Siding, Stone

Roof

Architectural Shingle

Bathrooms

2 full, 1 half

Basement

Daylight, Partial, Storage Space

Fireplace

Yes

Interior

Breakfast Bar, Built-in Features, Central Vacuum, Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Storage, Walk-In Closet(s), Walk-In Pantry

Flooring

Carpet, Tile, Wood

Kitchen & appliances

Convection Oven, Dishwasher, Double Oven, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Oven, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven, Wall Oven

Heating

Electric, ENERGY STAR Qualified Equipment, Forced Air, Heat Pump, Hot Water, Propane, Zoned

Cooling

Ceiling Fan(s), Central Air, Electric, ENERGY STAR Qualified Equipment, Heat Pump, Multi Units, Zoned

Garage

2 spaces

Parking

Attached Garage, Garage Door Opener, Garage Faces Front, Garage Shop, Keypad Entry, Parking Space(s), RV Access/Parking

View

Long Range, Mountain(s), Year Round

Lot

Private, Wooded, Views

Community

Clubhouse, Gated, Playground, Walking Trails

County

McDowell

Comparable homes on the market

• 2488 Catawba Falls Parkway, Black Mountain — $1,984,000, 5 bd, 4,653 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
• 16 Panther Gap Road, Black Mountain — $1,350,000, 3 bd, 2,709 sq ft, 1.4 mi away
• 1659 High Rock Acres Drive, Black Mountain — $1,300,000, 4 bd, 2,885 sq ft, 1.5 mi away
• 2705 Sand Branch Road, Black Mountain — $2,300,000, 5 bd, 3,098 sq ft, 1.6 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.