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$1,190,000
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Property Description
BEST VALUE Homestead in WNC! Seriously. $1.4M BELOW Tax Value. Offering 184 fully surveyed acres plus two houses, greenhouse and large commercial grade multi-purpose building with pasture and creek frontage on Meadow Fork Creek. Ideal for retreat center, wellness center, spiritual retreat center, family compound, vacation rental or a recreational paradise. Property was operated successfully for 25+ years as a retreat center. Tax value is nearly $2.4 MILLION, but offered for less than half. Why? Seller sold this last year with owner financing and the buyer defaulted, so the seller took back title and says "Sell it!" Main dwelling has septic permit for 3BR, but house designed and used for years as a 7 bedroom lodge sleeping up to 22 guests at a time with living on three levels and a huge wrap around deck overlooking acres of gently laying fields and pasture. Guest house is a 3BR/2BA manufactured home of excellent quality tucked up in the woods. Small creek flows along one side of the property and Meadow Fork Branch adjoins the property down by the road (no flooding on the property). There's a 60' x 120' greenhouse frame complete with concrete walks inside, all equipment and starter tables, irrigation components, etc. There is a large fenced in animal corral area where seller once had goats and other livestock. The Multi-purpose building is a commercial grade building with huge clear span meeting area that can easily seat 100. Features a bunk room with several beds, laundry room, foyer, men's and women's restrooms with toilet stalls and shower stalls along with a large kitchen. There's even a Pioneer Princes wood cook stove. This alone retails today for around $4k! Built over a large crawl space full of equipment and supplies. All furnishings, bedding, decorations, appliances, etc. on the property at time of listing convey though some items in the photos (mainly the Guest Cottage) have been removed, but most are still in place. That is, this is a totally "Turn-Key", "Move In Ready" property! High speed internet is blazing fast fiber optic provided by French Broad Electric. The wooded areas above the pasture and buildings is easily accessed via a well maintained and solidly built gravel drive that leads from the paved public road (Meadow Fork Road) to the very top of the property. There are multiple good laying building sites up there offering excellent views. Drive is shared with the seller who has retained his personal home off to one side up near the top. CASH OFFERS ONLY and all prospects MUST show proof of funds prior to showing. This property is unique and will not qualify for any kind of conventional financing.
Full Property Details
Full Property Details for 8020 Meadow Fork Rd
General
- Price: $1,190,000
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4306581
- Updated: 9/28/2025
- Added to Site: 111 day(s) ago
Interior
- Fireplace: Yes
- Fireplace(s): Propane, Propane
- Appliances: Electric Range, Microwave, Refrigerator, Other
- Flooring: Wood, Other - See Remarks
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
- Upper 2 - Full Baths: 2
- Upper - Full Baths: 1
- Main - Full Baths: 1
- Basement Baths: 1
Bedrooms
- Total Bedrooms: 6
- Bedrooms Upper: 2
- Bedrooms Main & Up: 1
Other Rooms
- Laundry: Mud Room, Other - See Remarks
Exterior
- Exterior Features: Livestock Run In, Other - See Remarks
Parking
- Parking Features: Circular Driveway, Parking Space(s)
Location
- County: Madison
- Driving Directions: From Asheville, take Leicester Highway (NC 63) north into Madison County up and over Dogget Mountain, to the stop sign at the Trust General Store (gas, groceries, restaurant). Turn right onto NC 209 and go just past Dave's 209 Diner. Turn left onto Caldwell Mountain Road, and follow it to the stop sign on Meadow Fork Road. Turn left onto Meadow Fork Road and go about 1 mile till you see the gravel drives and mailboxes. Please print out attached maps for showing details.
Heating & Cooling
- Cooling Type: Central Air, Window Unit(s), Other - See Remarks
- Heating Type: Central, Electric, Propane, Wall Furnace
Utilities
- Sewer: Septic Installed
- Water: Well
- Utility Description: Cable Available, Fiber Optics
Structural Information
- Architectural Style: Cabin
- Construction: Site Built
- Exterior Const.: Log
- Basement: Yes
- Basement Desc.: Finished
- Roof: Composition
- Upper: 986 Sq. Ft.
- Main/1st Level: 1,010 Sq. Ft.
- Year Built: 2000
Lot Features
- Street/Road Desc.: Gravel, Paved
- Elevation (Approx.): 3000
- Lot Features: Adjoins Forest, Cleared, Creek Front, Sloped, Creek/Stream, Views, Wooded, Other - See Remarks
- Rcmdd Zoning: R
Water Features
- Water Front Name: Creek
Financial Considerations
- Terms: Cash
Disclosures and Reports
- Restrictions: No Restrictions
- Property ID: 8735-47-9029
- Lot Number: Bk 817 Pg 755
Listed by Retreat Realty, Ltd.
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Schools
Schools serving 8020 Meadow Fork Rd
School District:Madison County Schools
| Name | Grades | Distance |
|---|---|---|
Madison Middle School 95 Upper Brush Creek Road, Marshall, NC 28753 | 6-8 | 13 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8020 Meadow Fork Rd
Date
Details
Price
Change
Source
9/27/2025
Listed
$1,190,000
29.69%
MLS
8/20/2025
Sold
$917,558
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 8020 Meadow Fork Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$180
100%
$848,930
154%
2022
—
$334,234
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8020 Meadow Fork Rd
8020 Meadow Fork Road, Hot Springs, NC 28743 (MLS# 4306581) is a Single Family property with 6 bedrooms and 5 full bathrooms. 8020 Meadow Fork Road is currently listed for $1,190,000 and was received on September 27, 2025. Want to learn more about 8020 Meadow Fork Road? Do you have questions about finding other Single Family real estate for sale in Hot Springs? You can browse all Hot Springs real estate or contact a Coldwell Banker agent to request more information.

