314 Old Mill Road

Nebo, NC
$ 425,000 Beds 2 Baths 2 Sq 1,201
Monthly Estimate* How much can I afford?

Welcome to your mountain retreat in Cascade Highlands, a gated, lock-and-leave community roughly 45 minutes from Asheville and 90 minutes from Charlotte. Close to I-40 and Lake James and situated between Marion, Old Fort, Black Mountain, and Hickory, this meticulously maintained cabin offers a rare balance of privacy and convenience. With short-term rentals allowed, the home can serve as a full-time residence, an income property, or a private getaway whenever you choose. Inside, you'll find a thoughtfully designed floor plan featuring a bedroom and full bath on the main level, main-level laundry, and an inviting living area with a wood-burning stove. Upstairs, the private primary suite offers an ensuite bathroom and walk-in closet, while the spacious loft makes an ideal home office or flex space. A wrap-around deck extends the living space outdoors, a wonderful setting for morning coffee or entertaining among peaceful wooded surroundings and seasonal winter views. The property also features a fully fenced side and backyard, a large parking pad, and a detached two-car garage with water and electricity. The garage's upper level is framed and ready for conversion into a studio, workshop, in-law suite, or additional rental space. Cascade Highlands offers beautiful recreation areas, including a central community pond and river access with two picturesque cascades and natural boulder formations. Experience Western North Carolina mountain living with easy access to the region's outdoor adventures and charming towns.

Single Family

  • Price
  • $ 425,000
  • City
  • Nebo
  • Bedrooms
  • 2
  • Full Bathrooms
  • 2
  • County
  • MCDOWELL
  • Half Bathrooms
  • 0
  • Area
  • McDowell County
  • Lot Size
  • 2.02 Acres
  • Zip
  • 28761
  • Sqr Footage
  • 1,201
  • Year Built
  • 2002
  • Style
  • Cabin
  • MLS#
  • 4425232
Listed By: Carolina Mountain Sales; Holly.Martin@CarolinaMountainSales.com
Data Source: Canopy MLS

Features

General

Living Area 1201
Sewer Septic Installed
Heating Propane
Cooling Central Air
Roof Metal
Appliances Dishwasher,Electric Oven,Refrigerator
HOA Fee 689
Garage Spaces 2
Architectural Style Cabin
Construction Materials Log,Wood
Year Built 2002
View Mountain(s),Winter
Levels Two
Property Subtype Single Family Residence
Parcel Number 1731-00-30-2534
Community Features Gated,Picnic Area,Pond,Recreation Area,Other
Assoc Fee Paid Per Annually
County McDowell
New Construction No
Property Type Residential
HOA Yes
Subdivision Name Cascade Highlands
Garage Y/N Yes
Other Structures Workshop
Full Baths 2
Directions GPS is accurate.
High School McDowell
City Nebo
Senior Community Y/N No
Lot Size Units Acres
Carport Y/N No
Elementary School Nebo
Middle/Junior High School East McDowell
Additional Parcels Y/N No
Standard Status Active
CAR_HOASubjectTo Required
Construction Type Site Built
Restrictions Short Term Rental Allowed,Subdivision
Tax Assessed Value 239110
Listing Terms Cash,Conventional

Interior Features

Flooring Tile,Wood
Fireplace Features Wood Burning Stove
Basement (Y/N) No
Fireplace Y/N Yes
Above Grade Finished Area 1201
Laundry Features In Kitchen
Total Bedrooms 2
Total Baths 2
SqFt Main 733
SqFt Garage 1046
SqFt Upper 468
Bedroom 1

Exterior Features

Fencing Back Yard,Fenced,Wood
Parking Features Driveway,Detached Garage
Lot Features Corner Lot,Green Area,Paved,Private,Sloped,Wooded,Views
Water Source Well
Lot Size Area 2.02
Foundation Details Crawl Space
Road Surface Type Concrete,Paved
Other Equipment Fuel Tank - Owned
Road Responsibility Private Maintained Road
Main Level Garage YN Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Hickory, NC office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Nebo Elementary School
Middle School East McDowell Middle School
High School McDowell High School

Price History

9/18/2026 Listed $425,000

Property vs Zip Code Average in 28761

Price
AVG $1.07M
$430K
Year Built
AVG 2006
2002
Visits
AVG 277
5
Data Provided by Inside Real Estate®

314 Old Mill Road Nebo, NC is a Single Family Home for sale at $425000 with 1201 sqft and a lot size of 2.02 Acres Acre(s). 314 Old Mill Road Nebo has 2 bedrooms, 2 baths and was built in 2002. The property's zip code is 28761 which is in Nebo, NC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.