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238 Falling Water Dr, Burnsville, NC, 28714

3beds
2baths
2,008sqft
$595,000
$296price/sqft
$3,693/moest. monthly cost
$147,720/yrincome needed

About This Home

At the edge of Pisgah National Forest, this almost 3200 ft elevation luxury mountain retreat with its private waterfall and creek is a breathtaking oasis. Warmth and sophistication abound. With vaulted, exposed beam ceilings that feature a great room stone fireplace, a spacious custom kitchen with a large island, and high-end appliances, this home is perfect for family and entertaining. Retreat to the primary suite with its access to a screened porch and spa-like bathroom with a soaking tub and walk-in shower. Upstairs, two large bedrooms and a bathroom share a covered deck with scenic mountain views. A large garage can double as a workout space and easily accommodate ATVs, fishing, and golf equipment. This living work of art is a HOME where every turn tells a story of nature and craftsmanship. Enjoy the fire pit and grill outside, cozy up inside, and fall asleep to the gentle melodies of the waterfall and creek. This is where luxury and wilderness blend for idyllic mountain living.

Getting Around

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

Schools

5/10
9/10
East Yancey MiddleGrades 6-810.5 mi
4/10
Mountain Heritage HighGrades PK,9-1212.2 mi

Construction

Condition

  • Year built: 1996

Materials

  • Foundation: Crawl Space
  • Roof: Metal
  • Construction materials: Log,Wood

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Gas Range,Microwave,Refrigerator,Washer/Dryer
  • Laundry features: Main Level

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Upper

Bedroom S

  • Features: Ceiling Fan(s)
  • Level: Upper
  • Area: 176.7414
  • Dimensions: 13' 2" X 13' 5"

Bedroom S

  • Features: Ceiling Fan(s)
  • Level: Upper
  • Area: 261.1611
  • Dimensions: 19' 10" X 13' 2"

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 1

Features

  • Breakfast Bar,Kitchen Island,Walk-In Closet(s)
  • Door features: Insulated Door(s)
  • Window features: Insulated Windows
  • Flooring: Wood
  • Fireplace features: Gas Log,Living Room
  • Finished area below ground: 0
  • Finished area above ground: 2,008

Heating & Cooling

  • Heating features: Central,Electric,Propane
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total structure area: 2,008
  • Total interior livable area: 2,008 sqft

Primary Bedroom

  • Features: Ceiling Fan(s),En Suite Bathroom,Walk-In Closet(s)
  • Level: Main
  • Area: 209.25
  • Dimensions: 13' 6" X 15' 6"

Property

Details

  • Parcel number: 074402688124000
  • Zoning: None
  • Special condition: Standard
  • Other equipment: Fuel Tank(s)

Features

  • Levels: One and One Half
  • Stories: 1
  • Patio & porch: Covered,Deck,Rear Porch,Screened
  • Exterior features: Fire Pit
  • Has view: Yes
  • View description: Mountain(s),Year Round
  • On waterfront: Yes
  • Waterfront features: None,Creek,Pond

Lot

  • Lot size: 1.44 Acres
  • Features: Adjoins Forest,Pond(s),Private,Sloped,Views,Waterfall

Parking

  • Total spaces: 1
  • Parking features: Detached Garage,Garage on Main Level
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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

  • Lightning
    LightningVery High
  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Landslide
    LandslideModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

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

FEMA Declared Disasters in Yancey 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 $3,008$36,096
Home Insurance *$195$2,340
Property Taxes $290$3,480
Electricity $200$2,405
Total$3,693$44,316
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$126,617/yr
40% on housing$110,790/yr
45% on housing$98,480/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: 9.1%
9.1%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 6.1%
6.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$296This listing

vs Other Active Listings

Avg $/sqft

ZIP 28714$259
Yancey County$255

vs Homes Sold Last Month

Median $/sqft

ZIP 28714
Yancey County$221

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)

No zestimate history available

Price History

DateEventPrice
2025-08-26Price change$675,000
2025-07-24Listed for sale$725,000
2005-09-15Sold$277,500

For Sale by Agent

AgentJoe Sasek III
BrokerageJUNE JEROME REALTY

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