247 Woods Road
About This Property
Welcome to this private mountain retreat tucked away at the end of a quiet road, offering a peaceful setting with convenient access to shopping, dining, healthcare, and everyday amenities just minutes away. Relax on the front porch while listening to the soothing sounds of a nearby creek and enjoying picturesque views of the neighboring golf course.Designed to embrace its natural surroundings, this spacious home features a stunning floor-to-ceiling rock fireplace that serves as the focal point of the living room, complemented by soaring ceilings that create an open and inviting atmosphere. The thoughtfully designed kitchen offers beautiful cabinetry, a bar area, and abundant space for gathering and entertaining. A bright sunroom provides the perfect spot to enjoy morning coffee, read a book, or simply take in the beauty of the surrounding landscape.The upper-level primary suite includes a private balcony overlooking the property, while the home's flexible floor plan provides a variety of options for living, working, hosting guests, or pursuing hobbies. The lower level offers additional living space and has previously been utilized as a short-term rental, creating opportunities for a variety of uses.
Located near waterfalls, outdoor recreation, scenic mountain attractions, and all that Western North Carolina has to offer, this property combines privacy, comfort, and convenience in a truly special setting.
Significant updates completed within the past two years provide peace of mind and include a new roof, new gutters, a new septic tank, new HVAC system, new water heater, recently completed interior and exterior painting, and replacement of most windows. These improvements enhance both the efficiency and long-term value of the home, allowing the next owner to focus on enjoying the property and its exceptional surroundings.
If you're looking for a well-maintained mountain home with character, privacy, and substantial recent improvements, this property is one you won't want to mis
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 21, 2026 | In contract | - | |
| In contract | |||
| Jun 4, 2026 | Listed by EXP Realty LLC | $585,000 | |
| Listed by EXP Realty LLC | |||
| Apr 13, 2024 | No longer available | - | |
| No longer available | |||
| Apr 1, 2024 | In contract | - | |
| In contract | |||
| Mar 22, 2024 | Listed by EXP REALTY LLC | $485,000 | |
| Listed by EXP REALTY LLC | |||
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It's the perfect vacation getaway or year-round home! Five minutes from the Town of Spruce Pine and only ten minutes from the Blue Ridge Parkway, this beautiful log cabin sits on nearly an acre of elevated property overlooking a creek and the Grassy Creek Golf Course. The roof, HVAC system, and septic tank have recently been replaced. The porch is newly stained as well. Inside the home, enjoy the double-sided stone fireplace during winter and the enclosed porch off the kitchen during warmer months. Family and guests have plenty of space throughout the home, with bedrooms and full baths on both the main and second floors. The basement has another full bath, space for gathering, playing, or sleeping, and its own separate entrance. What makes this home truly exceptional is this - there is no HOA board or fee! Vacation rentals are fine. The manager has listed the unit size as 2633 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017