$425,000
2 Beds
2 Baths
1,201 sqft (on 2.02 acres)
314 Old Mill Rd, Nebo, NC 28761
Est. Mortgage $2,624/mo*
Get Pre-QualifiedHome Highlights
Single-Family Home
Built in 2002
2.02 acre lot
$354/sqft
Garage
HOA $57/mo
Local Information
- Map ViewExplore the area around 314 Old Mill Rd.
- Schools1 Preschool School1 Elementary School1 Middle School2 High Schools
- Shop & Eat
-- mins to
About this House
Welcome to your mountain retreat in Cascade Highlands, a desirable gated, lock-and-leave community just minutes from I-40 and Lake James. Conveniently located between Asheville, Hickory, Black Mountain, Marion, and Old Fort, this meticulously maintained cabin offers the perfect combination of privacy, convenience, recreation, and flexibility—ideal as a primary residence, short-term rental, or a personal escape.
Inside, the thoughtfully designed floor plan features 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 provides an ideal home office, reading area, or flex space. A wrap-around deck extends the living space outdoors and offers a wonderful setting for morning coffee, entertaining, and enjoying the peaceful wooded surroundings and seasonal winter views.
The property also features a fully fenced side and backyard, large parking pad, and detached two-car garage with water and electricity. The garage upper level is framed and ready for conversion into a studio, workshop, in-law suite, or additional rental space, providing exceptional potential for hobbies, guests, extended family, or income-producing use.
Cascade Highlands offers beautiful recreation areas. A community pond in the center of the development and river access with two picturesque cascades and natural boulder formations. With short-term rentals allowed, this home provides the rare opportunity to live comfortably as a full-time primary residence, generate rental income, and enjoy a private mountain getaway whenever you choose. Experience the best of Western North Carolina mountain living in a peaceful, well-maintained gated community with easy access to the region’s abundant outdoor adventures and charming towns.
Inside, the thoughtfully designed floor plan features 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 provides an ideal home office, reading area, or flex space. A wrap-around deck extends the living space outdoors and offers a wonderful setting for morning coffee, entertaining, and enjoying the peaceful wooded surroundings and seasonal winter views.
The property also features a fully fenced side and backyard, large parking pad, and detached two-car garage with water and electricity. The garage upper level is framed and ready for conversion into a studio, workshop, in-law suite, or additional rental space, providing exceptional potential for hobbies, guests, extended family, or income-producing use.
Cascade Highlands offers beautiful recreation areas. A community pond in the center of the development and river access with two picturesque cascades and natural boulder formations. With short-term rentals allowed, this home provides the rare opportunity to live comfortably as a full-time primary residence, generate rental income, and enjoy a private mountain getaway whenever you choose. Experience the best of Western North Carolina mountain living in a peaceful, well-maintained gated community with easy access to the region’s abundant outdoor adventures and charming towns.
Last check for updates: about 2 hours ago
Listing Provided by: Holly Martin
Carolina Mountain Sales
Source: Canopy MLS as distributed by MLS GRID, MLS#4425232
Also Listed on Canopy MLS as distributed by MLS GRID.
Home Details for 314 Old Mill Rd
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MLS Status: Active |
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Interior Details Number of Rooms: 9Types of Rooms: Primary Bedroom, Bedroom S, Bathroom Full, Dining Room, Kitchen, Laundry, Living Room, Loft |
Beds & Baths Number of Bedrooms: 2Main Level Bedrooms: 1Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 1201 Square Feet |
Appliances & Utilities Appliances: Dishwasher, Electric Oven, RefrigeratorDishwasherLaundry: In KitchenRefrigerator |
Heating & Cooling Heating: Heat PumpHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Heat Pump |
Fireplace & Spa Fireplace: Wood Burning Stove |
Windows, Doors, Floors & Walls Flooring: Tile, Wood |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoFloors: Tile, Wood |
View Has a ViewView: Mountain(s), Winter |
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Exterior Home Features Roof: MetalFencing: Back Yard, Fenced, WoodOther Structures: WorkshopFoundation: Slab |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageHas Open ParkingParking Spaces: 2Parking: Driveway,Detached Garage,Garage on Main Level |
Frontage Responsible for Road Maintenance: Private Maintained RoadRoad Surface Type: Concrete, Paved |
Water & Sewer Sewer: Septic Installed |
Surface & Elevation Elevation Units: Feet |
Finished Area Finished Area (above surface): 1201 Square Feet |
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Days on Market: <1 day on Trulia |
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Year Built Year Built: 2002 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Cabin |
Building Construction Materials: Log, WoodNot a New ConstructionNo Additional Parcels |
Property Information Parcel Number: 173100302534 |
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Price List Price: $425,000Price Per Sqft: $354 |
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Direction & Address City: NeboCommunity: Cascade Highlands |
School Information Elementary School: NeboJr High / Middle School: East McDowellHigh School: McDowell |
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Listing Agent Listing ID: 4425232 |
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Building Area Building Area: 1201 Square Feet |
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Community Features: Gated, Picnic Area, Pond, Recreation Area, OtherNot Senior Community |
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Has an HOAHOA Fee: $689/Annually |
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Lot Area: 2.02 acres |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional |
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Mls Number: 4425232Attribution Contact: Holly.Martin@CarolinaMountainSales.comAbove Grade Unfinished Area: 1201 |
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GatedPicnic AreaPondRecreation AreaOther |
Around this home
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.
What Locals Say about Nebo
At least 8 Trulia users voted on each feature.
100 % Say car is needed
78 % Say it's quiet
78 % Say there's holiday spirit
75 % Say parking is easy
58 % Say there's wildlife
55 % Say kids play outside
50 % Say they plan to stay for at least 5 years
50 % Say people would walk alone at night
48 % Say neighbors are friendly
44 % Say yards are well-kept
42 % Say there are community events
38 % Say it's dog friendly
14 % Say streets are well-lit
10 % Say there are sidewalks
Sourced by Trulia users. Learn more about our methodology.
Market trends in Nebo
Last updated August 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
112
Home Value
Trulia Estimate
$341KSince last month
Increased$72K (+21.1%)Since last year
Increased$59K (+16.7%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +122% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $412K |
| August 2026 | $340K |
| July 2026 | $349K |
| June 2026 | $356K |
| May 2026 | $360K |
| April 2026 | $358K |
| March 2026 | $354K |
| February 2026 | $343K |
| January 2026 | $345K |
2025 | |
2024 | |
2023 | |
2022 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.32 | Single-Family Home | $375,000 | 07/24/26 | 2 | 2 | 1,256 | |
0.46 | Single-Family Home | $285,000 | 03/31/26 | 3 | 2 | 1,359 | |
0.23 | Single-Family Home | $400,000 | 05/18/26 | 3 | 3 | 2,440 | |
0.61 | Single-Family Home | $400,000 | 12/01/25 | 2 | 3 | 1,460 | |
0.78 | Single-Family Home | $350,000 | 06/30/26 | 3 | 2 | 1,416 | |
0.71 | Single-Family Home | $348,000 | 04/16/26 | 4 | 2 | 2,039 | |
0.89 | Single-Family Home | $285,500 | 10/08/25 | 3 | 1 | 1,377 | |
0.82 | Single-Family Home | $485,000 | 08/13/26 | 3 | 3 | 2,574 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.13 | $39,900 | - | - | - | For Sale | |
0.23 | $400,000 | 3 | 3 | 2,440 | Recently Sold | |
0.32 | $375,000 | 2 | 2 | 1,256 | Recently Sold | |
0.45 | - | - | - | - | Off Market | |
0.46 | $285,000 | 3 | 2 | 1,359 | Recently Sold | |
0.50 | $29,900 | - | - | - | For Sale | |
0.49 | - | - | - | - | Off Market | |
0.56 | $307,800 | 2 | 2 | 1,463 | Off Market | |
0.56 | $242,000 | 3 | 2 | 1,568 | Recently Sold | |
0.56 | - | - | - | - | Off Market | |
0.56 | $245,000 | 3 | 2 | 1,524 | Recently Sold |
Price and Tax history
| Date | Event | Price |
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Sep 18, 2026 Source: Canopy MLS as distributed by MLS GRID #4425232 | Listed For Sale | $425,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,621 | $239,110 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Holly Martin, Carolina Mountain Sales
Based on information submitted to the MLS GRID as of 2026-09-18 08:02:19 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
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Frequently asked questions about 314 Old Mill Rd
- What is the estimated monthly payment for 314 Old Mill Rd?Based on a $425,000 list price with 20% down at today's rates, the estimated monthly payment for 314 Old Mill Rd in Nebo, NC is approximately $2,604 (about $2,299 principal & interest, $230 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What do residents say about Nebo?Residents describe Nebo, NC as quiet, easy to park in, and established. Most residents say you need a car. See homes for sale in Nebo, NC.
- What are the closest schools to 314 Old Mill Rd?The closest schools to 314 Old Mill Rd in Nebo, NC are East McDowell Junior High School (rated 6/10), McDowell Early College (High, rated 10/10), McDowell High School (rated 2/10).
- What is 314 Old Mill Rd estimated to be worth?Trulia's estimated value for 314 Old Mill Rd in Nebo, NC is $340,900.
- Does 314 Old Mill Rd have air conditioning?Yes, 314 Old Mill Rd in Nebo, NC has air conditioning.
- Does 314 Old Mill Rd have laundry facilities?Yes, 314 Old Mill Rd in Nebo, NC has laundry facilities.
314 Old Mill Rd, Nebo, NC 28761 is a 2 bedroom, 2 bathroom, 1,201 sqft single-family home built in 2002. This property is currently available for sale and was listed by Canopy MLS as distributed by MLS GRID on Sep 18, 2026. The MLS # for this home is MLS# 4425232.