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Mountain Short-Term Rental Compound
For Sale
Under Contract
$1,300,000

5830 NC 209 Highway, Hot Springs, NC 28743

Residential Income, Hot Springs, NC

Property SizeContact for details
Lot Size11.44 Acres
Days on Market198

Property Features for 5830 NC 209 Highway

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description R-2
Bedrooms 5
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 4, Bedroom 5, Bedroom 4, Bathroom 5, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 3, Bathroom 3, Bedroom 2
Parking features Driveway
Patio and Porch features Porch
Pets allowed Yes
Exterior features Hot Tub
Fireplace 1
Appliances Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer
Lot features Cleared, Private, Wooded, Views
Elementary school Unspecified
Middle school Unspecified
High school Unspecified
Standard status Active Under Contract
APN 8758-73-9590
Lot size 11.44 Acres

Taxes and HOA fees

Tax Description 5 cabins on 11.44 MOL acres
Legal Description 5 cabins on 11.44 MOL acres

Utilities

Heating system Electric (Heating)
Cooling system Ductless
Water source Well

Amenities

fireplace
gas grill
private covered deck with hot tub
commercial washer/dryers
high speed internet + TV/streaming

Building Details

Year built 2005
Floors in Building 1
Number of units 5
Flooring type Wood
Building materials Wood
Roof type Metal
Architectural style Other
Listing Agency: EXP Realty LLC
Listed By: Clarissa Marshall · License #274579
Added: Mar 14 Changed: Sep 21 Last Checked: Sep 27 at 2:06AM
MLS# 4356324

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This short-term rental property includes five wood cabins on 11.44 acres, with each cabin configured as a one-bedroom, one-bath guest unit. Every cabin features a fireplace, gas grill, covered private deck, and hot tub, while ductless cooling, electric heat, high-speed internet, and streaming access support guest stays. The cabins were built in 2005 and each has its own septic system. A utility building added in 2025 contains commercial washers and dryers.

The property is located at 5830 NC 209 Highway in Hot Springs, within Madison County and a short drive from Marshall, Mars Hill, Asheville, Weaverville, and Tennessee. Nearby Pisgah National Forest and the Appalachian Trail provide access to mountain recreation. The nightly rental operation reports occupancy of over 85% for 2025, with 80%+ of bookings generated directly. The website, future bookings, and documented booking history spanning over 20 years convey with the property.

Key Highlights

  • Five one‑bedroom, one‑bath log cabins on 11.44 acres
  • Nightly rental occupancy of over 85% for 2025
  • 80%+ of bookings are direct rather than through Airbnb or other third parties

Property Analytics

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Current Use

Short term rental ...

Suggested Use

Top Pick Real Estate Agency Travel Agency Bed & Breakfast Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

10
Businesses Nearby

Demographics for 28743, NC

1,980
Population
1,447
Households
1.4
Avg Household Size
51
Median Age
17%
College-Educated
91%
High-School Grad
123.0 sq mi
ZIP Area
16
Density / Sq Mi
$47,266
Median Household Income
$43,487
Median Earnings
$573
Median Rent
$150,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Short term rental property - Five wood cabins offer private decks, hot tubs, fireplaces, and individual guest accommodations in a mountain setting.
Where is this short term rental property located?
The property is located at 5830 NC 209 Highway Hot Springs, NC.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Five one‑bedroom, one‑bath log cabins on 11.44 acres; Nightly rental occupancy of over 85% for 2025; 80%+ of bookings are direct rather than through Airbnb or other third parties
More about this property
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