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79 Walnut St, Hot Springs, NC, 28743

4beds
3baths
2,342sqft
$656,700
$280price/sqft
$4,106/moest. monthly cost
$164,240/yrincome needed

About This Home

Discover Timeless Charm in Hot Springs Nestled in the heart of the picturesque town of Hot Springs, this beautifully restored two-story historic home offers a rare blend of character, comfort, and modern convenience. Thoughtfully updated with brand-new windows, a metal roof, siding, decks, HVAC, plumbing, and electrical systems, it provides peace of mind while preserving its original charm. Inside, you’ll find classic Craftsman details, rich hardwood floors, and two light-filled solariums—perfect for morning coffee or quiet afternoons year-round. The inviting covered front porch and expansive decks create ideal spaces for relaxing or entertaining. Located on a quiet street, yet just a short walk from local restaurants, shops, galleries, a brewery, and the library, this home offers the best of small-town living. The Appalachian Trail is only one block away, with easy access to outdoor adventures including whitewater rafting, kayaking, fly-fishing, hiking, and mountain biking. Experience the perfect balance of historic charm and modern living in one of Western North Carolina’s most beloved mountain towns.

Getting Around

40
WalkingCar-Dependent
0
TransitVery Limited Transit
21
BikeSomewhat Bikeable

Schools

6/10
6/10
Madison Middle SchoolGrades 6-87.3 mi
4/10

Construction

Condition

  • Year built: 1900

Materials

  • Roof: Metal
  • Construction materials: Vinyl

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Gas Water Heater,Refrigerator,Tankless Water Heater,Washer
  • Laundry features: Upper Level

Basement

  • Level: Basement

Basement

  • Has basement: Yes
  • Basement: Interior Entry,Sump Pump,Walk-Up Access

Bathroom Half

  • Level: Main

Bathroom Half

  • Level: Main

Bedroom S

  • Level: Upper

Bedroom S

  • Level: Upper

Bedroom S

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 1
  • 1/2 bathrooms: 2

Dining Room

  • Level: Main

Family Room

  • Features: Breakfast Bar
  • Level: Upper

Features

  • Open Floorplan
  • Window features: Insulated Windows
  • Flooring: Tile,Wood
  • Finished area below ground: 0
  • Finished area above ground: 2,342

Flex Space

  • Level: Upper

Heating & Cooling

  • Heating features: Ductless
  • Cooling features: Ductless

Interior Area

  • Total structure area: 2,342
  • Total interior livable area: 2,342 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Upper

Living Room

  • Level: Main

Living Room

  • Level: Main

Sunroom

  • Level: Main

Sunroom

  • Level: Upper

Property

Details

  • Parcel number: 8860611065
  • Zoning: R-A
  • Special condition: Standard
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck,Front Porch
  • Waterfront features: None

Lot

  • Lot size: 0.15 Acres
  • Features: Level

Parking

  • Parking features: Driveway
  • 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

  • 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 $3,320$39,840
Home Insurance *$306$3,672
Property Taxes $262$3,144
Electricity $218$2,617
Total$4,106$49,272
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$140,777/yr
40% on housing$123,180/yr
45% on housing$109,493/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

$280This listing

vs Other Active Listings

Avg $/sqft

ZIP 28743$189
Madison County$246

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
2026-04-24Listed for sale$656,700
2022-08-18Sold$145,000
2022-08-01Pending sale$169,000
2022-07-07Price change$169,000
2022-04-28Listed for sale$179,000
2022-04-14Sold$93,000
2017-06-14Sold$85,000
2017-02-14Sold$70,000
2014-05-08Sold$85,000

For Sale by Agent

AgentCynthia DuBose
BrokerageMountain Home Properties

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