$586,000
 $3,146 est/mo Sourced by Back At You

242 Falling Creek Drive,Nebo, NC 28761

Nebo, NC 28761

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Description

Cozy Mountain Cabin with Creek Frontage, Mountain Views & Extensive Updates in Katy Creek Community!Don't miss this opportunity to own a cozy mountain cabin in the desirable Katy Creek Community! This has been a family cabin and has never been on a rental program, so it has been well cared for. Situated on 3.77 acres in southern McDowell County, this property offers beautiful mountain views, frontage along Muddy Creek, privacy, and the peaceful mountain lifestyle you've been looking for.Start your mornings on the spacious wraparound deck with a cup of coffee while taking in the mountain views and tranquil surroundings. The outdoor living spaces are perfect for relaxing, entertaining, or gathering around the fire pit. Enjoy the added charm of the pergola and lower deck, creating even more space to soak in the beauty of the outdoors.Inside, the home features 3 bedrooms and 3 bathrooms, along with additional finished basement living space currently used as a guest suite. The basement features custom cabinetry, additional flooring, and a finished staircase, making it ideal for extended family, overnight guests, or your own private retreat. An added exterior door provides convenient access to the lower deck.This property has seen numerous updates and improvements, including a new roof in 2025, two new mini-splits, a concrete driveway to the basement, updated landscaping with evergreens and perennials, and a new dishwasher in 2024. Additional improvements include a large rear deck with pergola and lower level deck for the basement level, a buried 500-gallon propane tank and a gas option added to the existing electric stove hookup. Even better, select furnishings are included in the sale, making your transition to mountain living that much easier! Included items feature outdoor deck furniture purchased in 2024, fire pits, kitchen table and chairs, downstairs bedroom furniture, a sleeper sofa, TVs, and basement shelving. Other furnishings and household items may be negotiable. When you're ready to explore, there's plenty to enjoy throughout Western North Carolina. Experience breathtaking fall colors, local festivals, hiking and biking trails, unique shops, great dining, and endless outdoor recreation. With Lake James nearby and Asheville and Hickory within easy reach, you'll have plenty of opportunities for day trips and new adventures.Come enjoy mountain views, creek frontage, privacy, and plenty of room to spread out on 3.77 beautiful acres. Whether you're looking for a full-time residence, a relaxing weekend getaway, or a place to gather and entertain family and friends, this inviting mountain retreat offers the perfect opportunity to enjoy all that Western North Carolina has to offer.Come see all this mountain getaway has to offer and imagine making it your own!

Details

MLS #4429484
Listing TypeFor Sale
StyleHouse
HOA Dues$500
Sub-TypeResale
StatusActive
Year2004
Days On Site42
Listing Provided ByRealty Group 1 LLC | Brandon Braswell

Features

Bed(s)3
Bath(s) 3 Total
SQ Feet2,103
BasementY
Story(s)1
Acreage3.77
Water FrontYes
Property ViewMountain(s)

Interior

CoolingCentral Air, Ductless
HeatingDuctless, Heat Pump
AppliancesDishwasher, Electric Range, Refrigerator

Exterior

Construction MaterialsLog
Foundation DetailsBasement

Parking

Garage Yes / NoNo
Parking FeaturesDriveway

Other

List AorMc Dowell Board of Realtors

Taxes

Property293660

Area Information

StateNC
CountyMcDowell
CityNebo
Zip Code28761
AreaMcDowell
Community NameKaty Creek
School DistrictMcDowell
Elementary SchoolGlenwood
High SchoolMcDowell
Listing VS Median (in Katy Creek)
Price:
$586,000
low | high
Med:
$586,000
50% of Average
sqft:
2,103
low | high
Med:
2,103
50% of Average
$ / sqft:
$279
low | high
Med:
$279
50% of Average
On site:
42
low | high
Med:
42
100% of Average
Sourced by Back At You

Market Activity 28761

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 Listings courtesy of Canopy MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of November 10, 2026 at 8:41:03 AM PST 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.

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Learn More About This Property

StateNC
CountyMcDowell
CityNebo
Zip Code28761
AreaMcDowell
Community NameKaty Creek
School DistrictMcDowell
Elementary SchoolGlenwood
High SchoolMcDowell
Listing VS Median (in Katy Creek)
Price:
$586,000
low | high
Med:
$586,000
50% of Average
sqft:
2,103
low | high
Med:
2,103
50% of Average
$ / sqft:
$279
low | high
Med:
$279
50% of Average
On site:
42
low | high
Med:
42
100% of Average
Sourced by Back At You
Listing Updated: November 6, 2026 at 10:41:53 AM PST