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233 Arcadia Falls Way, Black Mountain, NC, 28711

5beds
4baths
3,057sqft
$849,000
$278price/sqft
$5,296/moest. monthly cost
$211,840/yrincome needed

About This Home

Looking for Peace? Tranquility? Move in ready? This Turn key, rarely available, custom built new construction home located in the exclusive Catawba Falls Preserve community (with direct Catawba Falls waterfall trail) access checks all the boxes. Situated on over 1.5 acres with winter views, forest views and the upper ridge of the community year round. This professionally decorated home is being sold fully furnished and outfitted- what you see is what you get, everything is included. This home was thoughtfully designed to be a full time or seasonal residence, but is also ready to be a successful, vacation rental investment. This home is an active, cash flowing short term rental with a high occupancy rate. The owners designed this home with functionality in mind, noticeable at every turn while walking through the over 3000 square feet of living areas and the expansive outdoor spaces. Boasting 5 furnished bedrooms plus a den (used as bedroom 6 for rentals), 3.5 bathrooms and a fully finished (daylight) basement, this home allows families to spread out. The basement has outside access to a thoughtfully designed private hot tub. The game room comes outfitted with a regulation ping pong table, foosball table and cards table. The level includes two bedrooms, one being a separate master suite with en-suite bathroom, a living room and the recreational area. The main level of the home has two decks, front and back, fully equipped with a propane fire pit, barbecue and ample seating areas. The elegant custom stone, wood burning fire place adds to an open living room that leads to a fully custom kitchen. The kitchen features high end upgrades including soft close cabinets, wine rack, farm sink and upgraded appliances. The main level has a master bedroom with ensuite bathroom as well. The upper level is rounded out with two more bedrooms, a den, full bathroom and five active gable dormers adding to the mountain living vibes. The exterior of the home features upgraded landscaping, an in ground basketball hoop and ample parking for multiple vehicles. The home is situated below street level offering supreme privacy and the owners have invested in clearing a usable large backyard space. Catawba Falls Preserve is a gated community with great proximity to Chimney Rock park, Chimney Rock village, Lake Lure and downtown Asheville. The community center and playground round out the area. Other upgrades include stained outdoor decks, tongue and groove ceilings, enhanced plank floors throughout all levels, upgraded led lighting and a full WiFi package- door bell, door lock and camera system. Don't miss out on your chance to own your slice of mountain serenity, this won't last long.

Getting Around

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

Schools

7/10
3/10
Mcdowell High SchoolGrades 9-1214.8 mi

Construction

Condition

  • Year built: 2025

Materials

  • Roof: Composition
  • Construction materials: Hardboard Siding

Other

  • Builder name: Brown Haven

Type & Style

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

Interior

Appliances

  • Appliances included: Microwave,Convection Oven,Dishwasher,Dryer,Electric Cooktop,Electric Oven,Electric Water Heater,Refrigerator with Ice Maker,Washer/Dryer
  • Laundry features: Laundry Closet,Main Level

Basement

  • Has basement: Yes
  • Basement: Daylight,Exterior Entry,Finished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Main level bedrooms: 1

Features

  • Fireplace features: Family Room,Wood Burning
  • Finished area below ground: 901
  • Finished area above ground: 2,156

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,156
  • Total interior livable area: 3,057 sqft

Primary Bedroom

  • Features: Ceiling Fan(s),En Suite Bathroom
  • Level: Main
  • Area: 161.04
  • Dimensions: 13' 5" X 12' 0"

Property

Details

  • Parcel number: 063800203444
  • Zoning: None
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Awning(s),Deck,Front Porch
  • Has view: Yes
  • View description: Mountain(s),Year Round
  • Waterfront features: None

Lot

  • Lot size: 1.50 Acres

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

  • Cold Wave
    Cold WaveRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Landslide
    LandslideModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

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

FEMA Declared Disasters in McDowell 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 $4,293$51,516
Home Insurance *$236$2,832
Property Taxes $483$5,796
Electricity $284$3,416
Total$5,296$63,552
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$181,577/yr
40% on housing$158,880/yr
45% on housing$141,226/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: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.5%
1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$278This listing

vs Other Active Listings

Avg $/sqft

ZIP 28711$271
McDowell County$259

vs Homes Sold Last Month

Median $/sqft

ZIP 28711$301
McDowell County$232

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
2026-04-29Listed for sale$899,900
2026-02-09Listing removed$824,990
2026-01-06Price change$824,990
2025-11-25Price change$799,990
2025-10-29Price change$849,990
2025-10-07Price change$899,990
2025-09-25Listed for sale$974,900
2024-10-18Sold$7,000
2021-03-24Sold$11,000

For Sale by Agent

AgentOmar Hazien
BrokerageOmar C. Hazien

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