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$425,000 Just Listed
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Property Description
Welcome to your mountain retreat in Cascade Highlands, a gated, lock-and-leave community roughly 45 minutes from Asheville and 90 minutes from Charlotte. Close to I-40 and Lake James and situated between Marion, Old Fort, Black Mountain, and Hickory, this meticulously maintained cabin offers a rare balance of privacy and convenience. With short-term rentals allowed, the home can serve as a full-time residence, an income property, or a private getaway whenever you choose. Inside, you'll find a thoughtfully designed floor plan featuring a bedroom and full bath on the main level, main-level laundry, and an inviting living area with a wood-burning stove. Upstairs, the private primary suite offers an ensuite bathroom and walk-in closet, while the spacious loft makes an ideal home office or flex space. A wrap-around deck extends the living space outdoors, a wonderful setting for morning coffee or entertaining among peaceful wooded surroundings and seasonal winter views. The property also features a fully fenced side and backyard, a large parking pad, and a detached two-car garage with water and electricity. The garage's upper level is framed and ready for conversion into a studio, workshop, in-law suite, or additional rental space. Cascade Highlands offers beautiful recreation areas, including a central community pond and river access with two picturesque cascades and natural boulder formations. Experience Western North Carolina mountain living with easy access to the region's outdoor adventures and charming towns.
Full Property Details
Full Property Details for 314 Old Mill Rd
General
- Price: $425,000
- HOA FEE: $57/month
- HOA FEE FREQ.: Annually
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4425232
- Updated: 9/24/2026
- Added to Site: 7 day(s) ago
Interior
- Fireplace: Yes
- Fireplace(s): Wood Burning Stove, Wood Burning Stove
- Appliances: Dishwasher, Electric Oven, Refrigerator
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Upper - Full Baths: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 2
- Bedrooms Upper: 1
- Bedrooms Main & Up: 1
Other Rooms
- Laundry: In Kitchen
Additional Information
- Shared Amenities: Gated, Picnic Area, Pond, Recreation Area, Other
- Equipment: Fuel Tank - Owned
Parking
- Garage: Yes
- Garage Description: 1,046 Sq. Ft.
- Garage Spaces: 2
- Parking Features: Driveway, Detached Garage
Location
- County: McDowell
- Subdivision: Cascade Highlands
- Driving Directions: GPS is accurate.
School Information
- Elementary School: Nebo
- Middle School: East McDowell
- High School: McDowell
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Propane
Utilities
- Sewer: Septic Installed
- Water: Well
Structural Information
- Architectural Style: Cabin
- Construction: Site Built
- Exterior Const.: Log, Wood
- Roof: Metal
- Upper: 468 Sq. Ft.
- Main/1st Level: 733 Sq. Ft.
- Year Built: 2002
Lot Features
- Street/Road Desc.: Concrete, Paved
- Lot Features: Corner Lot, Green Area, Paved, Private, Sloped, Wooded, Views
- Fencing (Description): Back Yard, Fenced, Wood
Financial Considerations
- Association Fee: $689
- Assoc Fee Freq.: Annually
- Terms: Cash, Conventional
Disclosures and Reports
- Restrictions: Short Term Rental Allowed, Subdivision
- Property ID: 1731-00-30-2534
- Plat: 7/15
- Lot Number: 1361/111
Listed by Carolina Mountain Sales
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Schools
Schools serving 314 Old Mill Rd
School District:McDowell County Schools
| Name | Grades | Distance |
|---|---|---|
Nebo Elementary School 254 Nebo School Road, Nebo, NC 28761 | PK-6 | 3.3 mi |
East Mcdowell Junior High School 676 State Street, Marion, NC 28752 | 7-9 | 4.6 mi |
Mcdowell Early Colle 54 College Drive, Marion, NC 28752 | 9-12 | 2.6 mi |
Mcdowell High School 600 McDowell High School Road, Marion, NC 28752 | 9-12 | 6.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 314 Old Mill Rd
Date
Details
Price
Change
Source
9/18/2026
Listed
$425,000
—
MLS
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 314 Old Mill Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,621
3%
$239,110
—
2024
$1,573
—
$239,110
—
2023
$1,573
28%
$239,110
30%
2022
$1,226
—
$183,500
—
2021
$1,226
-1%
$183,500
—
2019
$1,244
23%
$183,500
25%
2018
$1,011
6%
$146,900
—
2017
$956
—
$146,900
—
2016
$956
2%
$146,900
—
2015
$940
—
$146,900
—
2014
$940
1%
$146,900
—
2013
$928
—
$146,900
—
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 314 Old Mill Rd
314 Old Mill Road, Nebo, NC 28761 (MLS# 4425232) is a Single Family property with 2 bedrooms and 2 full bathrooms. 314 Old Mill Road is currently listed for $425,000 and was received on September 18, 2026. Want to learn more about 314 Old Mill Road? Do you have questions about finding other Single Family real estate for sale in Nebo? You can browse all Nebo real estate or contact a Coldwell Banker agent to request more information.

