Check Availability
McDowell 28711
233 Arcadia Falls Way
$789,000
↓ $60K (7.1%)
● House - For Sale

233 Arcadia Falls Way

Black Mountain, NC 28711
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,057 Ft²
$3,979
Est. Monthly
$104
HOA / Fees

About This Property

Looking for Peace? Tranquility? Move in ready? This Turn key, rarely available, custom built new construction home located in the exclusive Catawba Falls Preserve community (with direct Catawba Falls waterfall trail) access checks all the boxes. Situated on over 1.5 acres with winter views, forest views and the upper ridge of the community year round. This professionally decorated  home is being sold fully furnished and outfitted- what you see is what you get, everything is included. This home was thoughtfully designed to be a full time or seasonal residence, but is also ready to be a successful, vacation rental investment. This home is an active, cash flowing short term rental with a high occupancy rate.  The owners designed this home with functionality in mind, noticeable at every turn while walking through the over 3000 square feet of living areas and the expansive outdoor spaces.

Boasting 5 furnished bedrooms plus a den (used as bedroom 6 for rentals), 3.5 bathrooms and a fully finished (daylight) basement, this home allows families to spread out. The basement has outside access to a thoughtfully designed private hot tub. The  game room comes outfitted with a regulation ping pong table, foosball table and cards table. The level includes two bedrooms, one being a separate master suite with en-suite bathroom, a living room and the recreational area. The main level of the home has two decks, front and back, fully equipped with a propane fire pit, barbecue and ample seating areas. The elegant custom stone, wood burning fire place adds to an open living room that leads to a fully custom kitchen. The kitchen features high end upgrades including soft close cabinets, wine rack, farm sink and upgraded appliances. The main level has a master bedroom with ensuite bathroom as well. The upper level is rounded out with two more bedrooms, a den, full bathroom and five active gable dormers adding to the mountain living vibes.

The exterior of the home features upgraded landscaping, an in ground basketball hoop and ample parking for multiple vehicles.  The home is situated below street level offering supreme privacy and the owners have invested in clearing a usable large backyard space.

Catawba Falls Preserve is a gated community with great proximity to Chimney Rock park, Chimney Rock village, Lake Lure and downtown Asheville. The community center and playground round out the area. Other upgrades include stained outdoor decks, tongue and groove ceilings, enhanced plank floors throughout all levels, upgraded led lighting and a full WiFi package- door bell, door lock and camera system. Don't miss out on your chance to own your slice of mountain serenity, this won't last long.
Unit Size
3,057 Ft²
Days on Market
-
Land Size
1.50 acres
Price per sqft
$258
Property Type
House
Property Taxes
-
HOA Dues
$104
Year Built
-

Listed By

Omar Hazien
Archstone Realty Group

Payment Calculator

Cap Rate Calculator

Last updated: 18 days ago (CANOPYMLS #CAR4375921)

Price History

Date / Event Date Event Price
Sep 16, 2026 Price Decreased $789,000
↓ $60K (7.1%)
Price Decreased
Jun 8, 2026 Price Decreased $849,000
↓ $51K (5.7%)
Price Decreased
Apr 29, 2026 Listed by Archstone Realty Group Inc $899,900
Listed by Archstone Realty Group Inc
Feb 10, 2026 Temporarily off market -
Temporarily off market
Jan 7, 2026 Price Increased $824,990
↑ $25K (3.1%)
Price Increased
Show More

Property Highlights

Air Conditioning
Fireplace
Parking Details
Parking Features: Driveway
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Appliances: Microwave, Convection Oven, Dishwasher, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Washer/Dryer, Refrigerator with Ice Maker
Laundry Features: Laundry Closet, Main Level
Has Fireplace
Fireplace Features: Family Room, Wood Burning
Basement: Daylight, Exterior Entry, Finished, Multiple Below-Grade Levels
Exterior Details
Square Footage: 3057
Year Built: 2025
Waterfront Features: None
Builder Name: Brown Haven
Levels: Two
Construction Materials: Hardboard Siding
Patio and Porch Features: Awning(s), Deck, Front Porch
Lot Size Area: 1.5
Lot Size Units: Acres
Lot Size Acres: 1.5
Lot Size Square Feet: 65340
Water Source: Well
Financial Details
Tax Assessed Value: $15,750
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Septic Installed
Location Details
HOA Fee: $1,250
HOA Fee Frequency: Annually

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About McDowell


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals



Frequently Asked Questions

When was property at 233 Arcadia Falls Way built and last sold?
The property at 233 Arcadia Falls Way was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 233 Arcadia Falls Way is $796,890.
What are some comparable homes to 233 Arcadia Falls Way?
There are currently no comparable homes to 233 Arcadia Falls Way.