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637 Cascade Lake Rd, Pisgah Forest, NC, 28768

3beds
3baths
2,161sqft
$535,000
$248price/sqft
$3,239/moest. monthly cost
$129,560/yrincome needed

About This Home

Perched among the trees overlooking the scenic Little River Valley of Penrose, this beautifully updated mountain retreat offers privacy, breathtaking views, and an unbeatable location just minutes from some of Western North Carolina's most sought-after outdoor destinations. The main level features a bright, open split-bedroom floor plan with 3 bedrooms and 2 full bathrooms, engineered hardwood flooring throughout most of the home, and an oversized one-car garage. The renovated kitchen includes quartz countertops, custom cabinetry, floating shelves, skylights, and an abundance of natural light. The spacious primary suite includes a walk-in closet and beautifully remodeled bathroom with a custom tile shower. One of the home's standout features is the 25' x 12' sunroom, complete with new vinyl flooring and panoramic views overlooking the surrounding mountains and valley—an ideal space to relax year-round. The lower level offers incredible flexibility with a den and rec room, a bonus room with a large closet and windows, renovated full bathroom, newly installed mini-split HVAC system, and an additional one-car garage with workshop space and an unfinished flex space perfect for storage. Recent improvements provide peace of mind and include a new roof (2025), driveway retaining wall, French drain, new gutters, well pump (2026), updated lighting, and extensive interior renovations throughout. This one-of-a-kind property even features its own private cave, offering a truly unique outdoor adventure right in your backyard. Ideally located less than 2 miles from DuPont State Recreational Forest and under 10 minutes to Pisgah National Forest, adventure is always within reach. No Drive-by's!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

7/10
Pisgah Forest ElementaryGrades PK-54.2 mi
1/10
Davidson River SchoolGrades 6-124.2 mi

Construction

Condition

  • Year built: 1986

Materials

  • Construction materials: Vinyl

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Oven,Oven,Refrigerator,Washer/Dryer
  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Basement Garage Door,Basement Shop,Bath/Stubbed,Daylight,Interior Entry,Partially Finished,Storage Space,Walk-Out Access,Walk-Up Access

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Basement

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bedrooms: 3

Den

  • Level: Basement

Dining Area

  • Level: Main

Features

  • Pantry,Storage,Walk-In Closet(s)
  • Door features: Sliding Doors
  • Window features: Skylight(s)
  • Flooring: Concrete,Hardwood,Vinyl,Wood
  • Fireplace features: Living Room,Wood Burning Stove
  • Finished area below ground: 787
  • Finished area above ground: 1,374

Flex Space

  • Level: Basement

Heating & Cooling

  • Heating features: Ductless,Heat Pump
  • Cooling features: Central Air,Ductless

Interior Area

  • Total structure area: 1,374
  • Total interior livable area: 2,161 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Basement

Living Room

  • Level: Main

Other

  • Level: Basement

Primary Bedroom

  • Level: Main

Sunroom

  • Level: Main

Property

Accessibility

  • Accessibility features: Two or More Access Exits

Details

  • Parcel number: 9515493767000
  • Zoning: none
  • Special condition: Standard
  • Exclusions: Shelves in primary bath

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Deck,Enclosed,Glass Enclosed,Patio,Other
  • Has view: Yes
  • View description: Long Range,Mountain(s),Winter

Lot

  • Lot size: 6 Acres
  • Features: Private,Wooded,Views

Parking

  • Total spaces: 2
  • Parking features: Basement,Driveway,Attached Garage,Garage on Main Level
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Landslide
    LandslideModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Ice Storm
Lightning
Strong Wind
Drought
Hail
Landslide
Tornado

FEMA Declared Disasters in Transylvania County and North Carolina

Fire
Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,705$32,460
Home Insurance *$128$1,536
Property Taxes $205$2,460
Electricity $201$2,415
Total$3,239$38,868
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$111,051/yr
40% on housing$97,170/yr
45% on housing$86,373/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.2%
12.2%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 5.5%
5.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$248This listing

vs Other Active Listings

Avg $/sqft

ZIP 28768$315
Transylvania County$348

vs Homes Sold Last Month

Median $/sqft

ZIP 28768$240
Transylvania County$291

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-17Price change$525,000
2026-07-17Listed for sale$535,000
2024-09-12Sold$485,000
2024-05-20Listed for sale$500,000

For Sale by Agent

AgentTyler Greer
BrokerageKeller Williams Mtn Partners, LLC

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