About This Home

This 3-bedroom, 2-bathroom single family at 1242 Gateway Parkway in Old Fort, NC is listed for $699,000 ($407 per sqft). Built in 2000, the home offers 1,719 sqft of living space on a 4.09 acres lot.

Key Features

  • Built in 2000
  • 4.09 acre lot
  • 2 stories
  • Fireplace

Property Details

2 stories
2 full
2000

Amenities

FireplaceA/C
Listing Description

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, decor, 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.

Monthly Cost Estimate

$5,145/mo

20% down · 6.5% · 30 years

Principal$506
Interest$3,029
Insurance$204
HOA$1,407

Estimates only. Actual payments may vary.

Location

1242 Gateway Parkway

Old Fort, NC 28762

Gateway Mountain

Features & Amenities

Exterior Features

Hot Tub

Property Details

Construction

Wood

Outdoor Features

Deck

Parking

Driveway

Heating

CentralHeat Pump (Heating)

Cooling

Central Air

Appliances

DishwasherDisposalExhaust HoodGas RangeMicrowaveOvenRefrigerator with Ice MakerWasher/Dryer

Questions & Answers

This 3-bedroom, 2-bathroom single family at 1242 Gateway Parkway is listed at $699,000 ($407/sqft). The estimated monthly payment is $5,146 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $1407/month.

Key features include: Built in 2000, 4.09 acre lot, 2 stories, Fireplace. Exterior Features: Hot Tub.

This property is listed by Adam Johnson.

AJ

Adam Johnson

Agent at GreyBeard Realty

Listed by GreyBeard Realty · Broker phone: (828) 669-1072 · View on Broker Site · Broker website

MLS# 4422894· Source: Canopy MLS· 50 days on PropertySimple

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1242 Gateway Parkway, Old Fort, NC 28762

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