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Active

242 Falling Creek Drive

Nebo, NC 28761

Active Just listed today Listing ID CAR 316704290

$586,000
Est. $3,761/mo20% down · 7.125% · 30-yrAdjust
  • P&I$3,158
  • Taxes$366
  • Insurance$195
  • HOA$42

Principal, interest, property tax, insurance & HOA. Estimate only — not a loan offer.

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$279/Sq Ft

3 bd · 3 ba · 2,103 sqft · $279/sqft

3 Beds
3 Baths
2,103 Sq Ft
$279/Sq Ft
2004 Built
3.77 acres Single Family Residence Katy Creek Listed Oct 7, 2026 Updated Oct 7, 2026 HOA $500/yr

Waterfront

WaterWaterfront

HOA & Association

Dues$500/yrMonthly≈ $42/mo

About This Home

Don’t miss this opportunity to own a cozy mountain cabin in the desirable Katy Creek Community! Situated on 3.77 acres in southern McDowell County, with beautiful mountain views and frontage along Muddy Creek, this property offers the privacy, peaceful setting, and mountain lifestyle you’ve been looking for.

Start your mornings on the large back deck with a cup of coffee while taking in the mountain views and peaceful surroundings. Whether you’re searching for a full-time residence, a relaxing weekend getaway, or a place to gather and entertain family and friends, this property has so much to offer.

The home features 3 bedrooms and 3 bathrooms, plus additional finished space in the basement currently used as a guest suite—perfect for extended family, overnight guests, or your own private retreat.

When you’re ready to explore, there’s plenty to enjoy throughout Western North Carolina. Experience breathtaking fall colors, local festivals, hiking and biking trails, unique shops, great dining, and endless outdoor recreation. With Lake James nearby and Asheville and Hickory within easy reach, you’ll have plenty of opportunities for day trips and new adventures.

Come enjoy mountain views, creek frontage, privacy, and plenty of room to spread out on 3.77 beautiful acres. Whether you’re looking to slow down and unwind or get out and explore everything Western North Carolina has to offer, this cozy cabin is ready to welcome you home.

Property history

  1. Oct 7, 2026
    Listed for sale $586,000 Active
    Just listed today
  2. Sep 29, 2023
    Sold $436,000 Closed
    Listed $400,000 · Aug 25, 2023 35 days on market
    Previously sold for $436,000
  3. Aug 25, 2023
    Previously listed $400,000 Closed

Property Details

Interior Details

Heating
  • Ductless
  • Heat Pump
Room Count
1
Half Bathrooms
0
Unheated Sq Ft
799
Total Bathrooms
3
Laundry Features
  • In Bathroom
Main Level Sq Ft
1446
Basement Full Baths
1
Main Level Bedrooms
3
Main Level Full Baths
2
Main Level Half Baths
0
Unheated Basement Sq Ft
799

Dwelling And Structure

Construction Type
Site Built

Square Footage And Levels

Levels
  • One
Above Grade Finished Area
1446
Below Grade Finished Area
657

Parking And Garage

Parking Features
  • Driveway

Exterior Features

Construction Materials
  • Log

Lot And Land

Lot Size Acres
3.77
Lot Size Units
Acres

Basement And Foundation

Basement
  • Partially Finished
Foundation Details
  • Basement

Waterfront And View

View
  • Mountain(s)
Waterfront Features
  • Other - See Remarks

Utilities

Sewer
  • Septic Installed
Water Source
  • Well

Financial Information

Hoa Dues
Mandatory
City Taxes Paid To
No City Taxes Paid

Zoning And Restrictions

Subject To Ccrs
Yes

Listed by Brandon Braswell (828-559-9522) · Realty Group 1 LLC (828-652-3797)

Location

Address
242 Falling Creek Drive
City
Nebo, NC 28761
Community
Katy Creek
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Schools

Elementary
Glenwood
Middle
East Middle
High
McDowell

School assignments may change. Contact the school district to confirm.

Canopy MLS

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242 Falling Creek Drive, Nebo, NC, 28761

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