320 Gahagans Road, Hot Springs, NC
$ 1,895,000
Property Attributes
  • ID#4025700
  • TypeContingent
  • CountyMADISON
  • CityHot Springs
  • AreaMadison County
  • Zip28743
  • StyleArts and Crafts
  • Price$ 1,895,000
  • Bedrooms5
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3786
  • Lot Size9.16 Acres
Data Source:
Canopy MLS
Property Description

Stunning Private Estate on 9+ acres! 5 BR 4 BA Historic Arts and Crafts home/lodge overlooking the French Broad River and downtown Hot Springs! Recently restored down to every detail. Original floors, windows, doors and beams. Breathtaking mountain views, open floor plan, massive stone fireplaces- inside and out. Beamed ceilings, gorgeous chef's kitchen with ample room to entertain! The front porch is a fan favorite where you can spend hours with friends and family sipping, reading, or chatting. The volleyball court and play barn with ping pong, pool, and foosball borders the national forest and are a stone's throw to the Appalachian Trail and other trails nearby. Private riverfront launch for white water sports and less than a mile from downtown shops and Hot Springs Spa! Perfect primary home, rental property, or even wedding venue! Currently this home is operating as a 5 star reviewed short term rental home. There is nothing else like this home out there. This is truly one of a kind!

Elementary School Middle School High School
Hot Springs Elementary School Madison Middle School Madison High School
Price History
5/11/2023 Listed $1,995,000
6/28/2023 6% - $1,895,000

General Features

Appliances Dishwasher, Disposal, Dryer, Exhaust Hood, Freezer, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave, Plumbed For Ice Maker, Propane Water Heater, Refrigerator, Tankless Water Heater, Washer/Dryer, Other
Architectural Style Arts and Crafts
Body of Water French Broad River
Car Hoasubjectto None
City Hot Springs
Community Features Walking Trails
Construction Materials Shingle/Shake, Wood
Construction Type Site Built
Cooling Central Air, Heat Pump
County Madison
Directions From Asheville take 1-26 to exit 19-A. Take Hwy. 25-70 to Hot Springs. Look for Gahagan's Rd. (PRIVATE RD) on right before the river. Take drive up hill and stay left...Follow signs to Ellerson Hous
Elementary School Hot Springs
Elevation 1000
Exterior Features Fire Pit, Hot Tub, Gas Grill, Storage
Heating Central, Forced Air, Heat Pump, Propane
High School Madison
Interior Features Attic Stairs Pulldown, Kitchen Island, Open Floorplan, Pantry, Storage, Walk-In Closet(s), Walk-In Pantry
Middle/Junior High School Madison
New Construction No
Property SubType Single Family Residence
Property Type Residential
Roof Wood
Sewer Septic Installed
Standard Status Active Under Contract
Street Name Gahagans
Subdivision Name None
Tax Assessed Value 566666
Utilities Cable Available, Electricity Connected, Phone Connected, Propane, Wired Internet Available
Virtual Tour https://downesmedia.hd.pics/320-Gahagans-Rd
Waterfront Features Paddlesport Launch Site
Year Built 1926

Interior Features

Above Grade Finished Area 3786
Bedroom 1
Fireplace Features Gas Vented, Great Room, Kitchen, Living Room, Outside, Porch, Propane, Wood Burning
Fireplace Y/N Yes
Flooring Tile, Wood
Full Baths 4
Laundry Features Laundry Closet, Main Level
SqFt Main 1929
SqFt Upper 1857
Street Suffix Road
Total Baths 4
Total Bedrooms 5

Exterior Features

Living Area 3786
Foundation Details Basement, Crawl Space, Stone
Lot Features Adjoins Forest, End Unit, Green Area, Level, River Front, Sloped, Wooded, Views, Waterfront, Wooded
Lot Size Area 9.16
Lot Size Units Acres
Main Level Garage YN No
Other Parking Parking for 10+ available
Parking Features Driveway, Parking Lot, Parking Space(s)
Road Responsibility Private Maintained Road
Road Surface Type Gravel, Paved
Water Source City


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 28743

AVG $690K
AVG 137
Year Built
AVG 1974

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