1242 Gateway Parkway
Old Fort, NC, 28762
$699,000
- 3beds
- 2baths
- 1,719sq ft
- 2000year built
- $117HOA / mo
- 56days on market

Hope Foster, REALTOR®
Your CapCenter agent · 757-274-1537
Questions? Call (804) 648-4357
About this home
- Fireplace
- Basement
- Central air
Set high atop a private, gated mountain community, this beautifully appointed 3-bedroom, 2-bathroom log cabin offers one of the most sought-after settings in Western North Carolina, with sweeping, long-range views of the Blue Ridge Mountains and Lake Lure visible in the distance—scenery that's a big part of why this home has become a standout, highly successful vacation rental with a loyal base of repeat guests. Inside, the open-concept design connects the living, dining, and kitchen areas, all oriented to take full advantage of the mountain backdrop; the living room centers around a cozy wood stove and flows into a well-equipped kitchen with a gas range and full furnishings and cookware, while the dining area comfortably seats a group and a wraparound deck extends the living space outdoors with multiple spots for lounging and dining. The main level includes two queen bedrooms and a full bathroom with both a soaking tub and walk-in shower, while upstairs a private primary suite offers a king bed, en suite bathroom, and a peaceful loft area perfect as a reading nook or remote workspace; a lower-level recreation space adds even more flexibility, with direct access to a private hot tub positioned to take in the same incredible mountain views, plus a fire pit for evenings of stargazing. Beyond the home itself, the gated community offers a rare slate of shared amenities that elevate the experience even further, including a scenic waterfall area, a small community lake with a dock, and a network of hiking trails, with the gated entrance adding privacy and security for guests seeking a quiet, secluded escape without sacrificing convenience. The location strikes an excellent balance between seclusion and accessibility, with a short drive to Old Fort for dining and breweries, easy reach of Black Mountain, Chimney Rock, and Lake Lure, and Asheville and the Blue Ridge Parkway both within about 45 minutes. Offered fully furnished and turnkey—including all furnishings, kitchenware, décor, and the hot tub—this home makes it exceptionally easy for a new owner to step in and continue operating it as an income-producing vacation rental from day one, and with its proven rental history, and unbeatable combination of privacy, views, and community amenities, it represents a rare opportunity to own a true mountain retreat that also performs as a strong investment property.
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Location
Property details
Important details
- Status
- Active
- Date listed
- 9/9/2026
- Time on Market
- 56 days
- Property Type
- Single Family Residence
- List Price
- $699,000
- Price/Sq. Ft
- $407
- Living area
- 1,719 sq. feet
- Lot Size
- None listed
- Year Built
- 2000
- County
- McDowell
- Community
- Gateway Mountain
- HOA
- $1,407/Annually
Interior details
- Bathrooms
- 2 Full
- Basement
- Daylight, Exterior Entry, Full, Storage Space, Unfinished, Walk-Out Access
- Fireplace
- Yes - Wood Burning Stove
- Heating
- Wood Stove, Central, Heat Pump
- Cooling
- Central Air
- Rooms
- 9 Total, 3 Bedrooms
- Appliances
- Dishwasher, Disposal, Gas Range, Microwave, Oven, Washer/Dryer
Building & lot
Building
- Architectural Style
- Cabin
- Living Area
- 1,719 sq ft
- Property Type
- Single Family Residence
- Year Built
- 2000
- Roof
- Shingle
Lot Info
- Parcel Number
- 065600596334
Exterior Features
- Pool
- No
Parking
- Parking Features
- Driveway
- Garage
- No
Ownership
Community details
School Districts
- Elementary
- Unspecified
- Middle
- Unspecified
- High
- Unspecified
Utilities
- Sewer
- Septic Tank
- Water
- Well
Neighborhood
- Subdivision
- Gateway Mountain
- HOA
- $1,407/Annually
- Zoning
- No zoning
Taxes & Assessment
- Tax Assessed Value
- $464,430
Listing information
Realty Agent
Listing Details
- Service
- Full Service
- MLS System
- CMLS
- MLS ID
- 4422894
- MLS Status
- Active
Listed by: GreyBeard Realty
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Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID, and the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time.

