1242 Gateway Parkway, Old Fort, NC, 28762

Views - Primary on Main

Address

1242 Gateway Parkway, Old Fort, NC

Listing Type

Single Family

Price

$ 699,000

Your Agent

Toby Anderson

The Property Shop

828-729-6554

Property Attributes

ID#4422894
TypeSingle Family
Listing Status Active
CountyMCDOWELL
CityOld Fort
AreaMcDowell County
NeighborhoodGateway Mountain
Zip28762
StyleCabin
Year Built2000
Price$ 699,000
Bedrooms3
Full Bathrooms2
Half Bathrooms0
Sqr Footage1719
Lot Size4.09 Acres

Data Source:

Canopy MLS

Property 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, 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.

Elementary School	Middle School	High School
Unspecified Elementary School	Unspecified Middle School	Unspecified High School

Price History
9/9/2026	Listed $699,000

General Features

Living Area	1719
Sewer	Septic Installed
Heating	Central,Heat Pump
Cooling	Central Air
Roof	Architectural Shingle
Appliances	Dishwasher,Disposal,Exhaust Hood,Gas Range,Microwave,Oven,Refrigerator with Ice Maker,Washer/Dryer
HOA Fee	1407
Patio/Porch Features	Covered,Deck,Wrap Around
Architectural Style	Cabin
Construction Materials	Wood
Year Built	2000
View	Long Range,Mountain(s),Year Round
Levels	Two
Property Subtype	Single Family Residence
Parcel Number	065600596334
Elevation	2000
Community Features	Gated,Lake Access,Pond,Recreation Area,Walking Trails
Assoc Fee Paid Per	Annually
County	McDowell
New Construction	No
Property Type	Residential
HOA	Yes
Subdivision Name	Gateway Mountain
Garage Y/N	No
Full Baths	2
Directions	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 o
High School	Unspecified
City	Old Fort
Senior Community Y/N	No
Lot Size Units	Acres
Carport Y/N	No
Elementary School	Unspecified
Middle/Junior High School	Unspecified
Additional Parcels Y/N	No
Virtual Tour	https://my.matterport.com/show/?m=Nb9WK8oFFPd&mls=1
Standard Status	Active
CAR_HOASubjectTo	Required
Construction Type	Site Built
Tax Assessed Value	464430
Virtual Tour	https://my.matterport.com/show/?m=Nb9WK8oFFPd&mls=1
Listing Terms	Cash,Conventional,FHA,USDA Loan,VA Loan

Interior Features

Basement	Daylight,Exterior Entry,Full,Storage Space,Unfinished,Walk-Out Access
Fireplace Features	Wood Burning Stove
Basement (Y/N)	Yes
Fireplace Y/N	Yes
Above Grade Finished Area	1719
Laundry Features	In Basement
Total Bedrooms	3
Total Baths	2
SqFt Main	1251
SqFt Upper	468
Bedroom	2

Exterior Features

Exterior Amenities	Hot Tub
Parking Features	Driveway
Lot Features	Cleared,Green Area,Private,Wooded,Views
Water Source	Well
Lot Size Area	4.09
Foundation Details	Basement
Road Surface Type	Gravel,Paved
Door Features	Insulated Door(s)
Other Equipment	Fuel Tank - Owned
Road Responsibility	Private Maintained Road
Main Level Garage YN	No