

$586,000
242 Falling Creek Dr, Nebo, NC 28761
3 bed · 3 bath · 2,103 sq ft
3
bedrooms
3
baths
2,103
sq.ft.
$279
price per sf
Presented by Citadel Cofield · Office (980) 272-8547
About This Property
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! 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!
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LISTING COURTESY OF: REALTY GROUP 1 LLC
828homesales@gmail.com
About the Neighborhood
Looking for the perfect Residential in Nebo? The 28761 zip code offers a unique blend of local amenities, convenient transit, and community charm, making it a fantastic area to call home. Reach out to learn more about the local real estate market in this specific neighborhood.
Property Features
Property Description
- Beds Total: 3
- Bathrooms: 3 Full
- Year Built: 2004
- Living Area: 2,103 sqft
- New Construction: No
- MLS #: 4429484
Additional Home Features
- Subdivision: Katy Creek
- Neighborhood: Katy Creek
Association
- Association Fee: $500
- Association Fee Frequency: Annually
- HOA Required: Yes
Interior Features
- Heating: Ductless, Heat Pump
- Cooling: Central Air, Ductless
- In Bathroom
Appliances
- Dishwasher
- Electric Range
- Refrigerator
Construction Materials
- Log
- Foundation: Basement
Cooling
- Central Air
- Ductless
Foundation Details
- Basement
Heating
- Ductless
- Heat Pump
Laundry Features
- In Bathroom
Levels
- One
Parking Features
- Driveway
Road
- Road Responsibility: Private Maintained Road
- Road Surface Type: Asphalt, Paved
Sewer
- Septic Installed
WaterSource
- Well
View
- Mountain(s)
Fireplace
- Fireplace: No
Tax and Financial Info
- Listing Terms: Cash, Conventional, FHA
Location
Similar homes nearby
$586,000
Est. Payment: $3,012/mo
Illustrative estimate only, not an offer of credit. Assumes 20% down and a 30-year fixed loan at 6.5%, plus estimated property tax, insurance, and HOA. Actual rate, APR, and payment will vary.
Adjust down payment, rate & terms
Nebo, NC 28761
3
bedrooms
3
baths
2,103
sq.ft.
$279
price per sf

Presented By
Carnarri Cofield
REALTOR®
Office: (980) 272-8547
Listings courtesy of Canopy MLS as distributed by MLS GRID.
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Citadel Cofield, its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided.
Listing Courtesy of Realty Group 1 LLC
Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID. 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. Information deemed reliable but not guaranteed. Equal Housing Opportunity.
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