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1242 Gateway Parkway

Old Fort, NC 28762
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Bed 3

Bed

Bath 2

Bath

SqFt1,719

Sqft

Acres4.09

Acres(Lot)

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 outdoor s 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.

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Detail Ic Property Details

Property Type : Residential

Price : $699,000

AD Id : 91105806

MLS Id : CAR4422894

Beds : 3

Lot Size : 4.09 Acres

Living Area Size : 1,719

Year Built : 2000

County : McDowell

Subdivision: Gateway Mountain

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Feature Features

  • Bedroom Information

    Total Bedroom: 3

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Has Basement: Yes

    Interior Features

    Roof: Architectural Shingle Appliances: Dishwasher, Disposal, Exhaust Hood, Gas Range, Microwave, Oven, Refrigerator with Ice Maker, Washer/Dryer Laundry Features: In Basement

    Roofing Information

    Architectural Shingle
  • Flooring Information

    Construction Materials: Wood
  • Heating & Cooling

    Heating: Central, Heat Pump Cooling: Central Air WaterSource: Well

  • Building Information

    Year Built: 2000
  • Exterior Features

    Hot Tub Construction Materials: Wood Foundation Details: Basement Road Responsibility: Private Maintained Road

  • Lot Information

    Lot Description: Cleared, Green Area, Private, Wooded, Views Lot Size Area: 4.09 acre

    Property Information

    Property Type: Residential Sub Type: Single Family Residence Style: Cabin

  • Listing Price Information

    Original List Price:$699000

  • Tax Information

    Tax Assessed Value: 464430 Parcel Number: 065600596334

  • School Information

    Elementary School: Unspecified Junior High School: Unspecified Senior High School: Unspecified
  • Utility Information

    Sewer: Septic Installed Water Source: Well
  • Location Information

    Subdivision: Gateway Mountain City: Old Fort Direction: From Old Fort, go out Old Fort Rd. to the main Gateway Mountain entrance on your left. Go through the gate and take a right on McKenzie Way and follow up to the three way intersection. Take a left on McKenzie Way N. Take a left on Gateway Parkway and follow to 1242 on your right.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
172 Peaceful Hill Drive, Old Fort, NC, 28762 $285,500 4 2 1,852 1.17 Acres
214 Big Bear Boulevard, Old Fort, NC, 28762 $299,900 3 3 1,773 1.23 Acres
1307 Golf Course Road, Old Fort, NC, 28762 $649,000 3 3 2,332 0.79 Acre
501 Wolf Pen Cliffs Roa.., Old Fort, NC, 28762 $1,598,500 4 4 2,600 2.19 Acres
2428 Old Fort Sugar Hil.., Old Fort, NC, 28762 $439,000 2 2 1,050 1.17 Acres
105 S Vineyard Village .., Old Fort, NC, 28762 $405,000 3 2 1,649 1.11 Acres
2514 Oakdale Road, Old Fort, NC, 28762 $1,650,000 3 5 3,997 25.66 Acres
1411 Wolf Pen Road, Old Fort, NC, 28762 $795,000 3 4 2,538 3.77 Acres
132 Maple Ridge Drive, Old Fort, NC, 28762 $544,500 4 3 2,400 2.20 Acres
552 Lake Road, Old Fort, NC, 28762 $700,000 4 3 2,452 1.90 Acres
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ByOwner last updated this listing 09/09/2026 @ 18:20

MLS: CAROLINA #4422894 LISTED BY: Adam Johnson, GreyBeard Realty 828-669-1072 SOURCE: CAROLINA (Canopy MLS) (Listings courtesy of CAROLINA (Canopy MLS) as distributed by MLS GRID)

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