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9781 State Highway 209, Hot Springs, NC, 28743

4beds
3baths
2,100sqft
$549,000
$261price/sqft
$3,451/moest. monthly cost
$138,040/yrincome needed

About This Home

Discover this exceptional 7-acre property at 9781 NC 209 in Hot Springs, NC—an investor's dream brimming with potential for expansion and rental income. Nestled in a scenic, rural setting, the property boasts two independent dwellings, each equipped with its own separate septic system and well for hassle-free, self-contained utilities. The primary residence is a fully remodeled 3-bedroom, 2-bathroom double-wide manufactured home, blending modern updates with comfortable living spaces ideal for full-time occupancy and as it currently being used, as a Short term rental. Complementing it is a cozy 1-bedroom, 1-bathroom tiny home, already established as a thriving short-term rental, generating proven revenue from day one. With ample room for growth on the expansive 7 acres, the septic system has been approved for the addition of 4 RV units, unlocking the possibility for at least 6 rental units in total to maximize returns. Situated along NC 209, also known as "The Rattler," this stretch is a renowned 36-mile scenic route featuring over 234 twists, turns, and curves, drawing significant motorcycle traffic from enthusiasts who seek out its challenging and exhilarating drive.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
5
BikeSomewhat Bikeable

Schools

6/10
6/10
Madison Middle SchoolGrades 6-88.2 mi
4/10

Construction

Condition

  • Year built: 1999

Materials

  • Foundation: Permanent
  • Construction materials: Vinyl

Type & Style

  • Home type: MobileManufactured
  • Property subType: Manufactured Home

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Electric Range,Electric Water Heater,Microwave,Refrigerator with Ice Maker
  • Laundry features: Mud Room

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bedrooms: 3

Features

  • Total Primary Heated Living Area: 1590
  • Window features: Insulated Windows
  • Flooring: Vinyl
  • Fireplace features: Gas Log
  • Finished area below ground: 0
  • Finished area above ground: 1,590

Heating & Cooling

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

Interior Area

  • Total structure area: 1,590
  • Total interior livable area: 2,100 sqft

Primary Bedroom

  • Level: Main

Property

Details

  • Parcel number: 8757707221
  • Zoning: R-1
  • Special condition: Subject to Lease,None

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Front Porch,Rear Porch
  • Exterior features: Fire Pit
  • On waterfront: Yes
  • Waterfront features: None,Creek

Lot

  • Lot size: 7 Acres
  • Features: Flood Plain/Bottom Land,Pasture

Parking

  • Parking features: Detached Carport,Driveway
  • Has uncovered spaces: Yes
  • Carport: 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

  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Cold Wave
    Cold WaveModerate
  • Ice Storm
    Ice StormModerate
  • Landslide
    LandslideModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Cold Wave
Ice Storm
Landslide
Strong Wind
Winter Weather

FEMA Declared Disasters in Madison County and North Carolina

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 $2,776$33,312
Home Insurance *$256$3,072
Property Taxes $219$2,628
Electricity $200$2,405
Total$3,451$41,412
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$118,320/yr
40% on housing$103,530/yr
45% on housing$92,026/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: 6.6%
6.6%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.1%
1.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$261This listing

vs Other Active Listings

Avg $/sqft

ZIP 28743$191
Madison County$247

vs Homes Sold Last Month

Median $/sqft

ZIP 28743$263
Madison County$243

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
2025-09-09Listed for sale$549,000
2022-06-23Sold$300,000
2022-05-07Contingent$320,000
2022-04-05Listed for sale$320,000
2011-03-01Sold$114,000
2010-12-22Sold$76,586

For Sale by Agent

AgentBenjamin Womack
BrokerageRE/MAX Executive

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