Catawba Falls Preserve Real Estate

Welcome to Catawba Falls Preserve, a hidden gem nestled in the heart of McDowell County, North Carolina. This picturesque subdivision offers a unique blend of natural beauty and modern living, making it an ideal destination for those seeking tranquility and adventure.

Catawba Falls Preserve is situated just a stone's throw away from the breathtaking Catawba Falls, where residents can immerse themselves in the soothing sights and sounds of nature. The area is renowned for its lush landscapes, winding trails, and vibrant wildlife, providing endless opportunities for outdoor enthusiasts. Whether you enjoy hiking, mountain biking, or simply taking leisurely strolls, the stunning surroundings will captivate your senses and inspire your spirit.

The subdivision features a carefully planned community, with homes designed to harmonize with the natural environment. Each property boasts spacious lots, allowing for privacy and the chance to create your own personal oasis. The architectural styles range from rustic mountain retreats to modern family homes, catering to diverse tastes and lifestyles.

Catawba Falls Preserve is not just about the homes; it’s about the lifestyle. Residents enjoy a close-knit community atmosphere with access to local amenities, including charming shops, delicious dining options, and recreational facilities. With its prime location, you’ll find yourself just a short drive from the vibrant towns of Marion and Morganton, where you can explore even more attractions and activities.

Discover the enchanting allure of Catawba Falls Preserve, where nature meets community, and your dream home awaits. Come experience the serenity and charm of this exceptional subdivision today!

Newest Listings in Catawba Falls Preserve

$1,229,000

3 Beds ⋅ 6 Baths ⋅ 4408804 MLS

Your private mountain estate is here! A gorgeous log cabin plus 4 additional lots (for added privacy) gives you almost 8 acres of prime Blue Ridge mountain living. Home is solidly built with post-and-beam touches throughout. Legally listed as a 3 bedroom, home has 5 rooms currently being used as bedrooms - each with its own private ensuite full bath. Perfect for large family gatherings and reunions - yours and others - because Catawba Falls Preserve is one of the few gated, restricted neighborhoods in the area that allow you to use your home as a short-term rental. So keep using it as an AirBNB/VRBO just like the current owners, and make passive income when you're not there! All furnishings are included, except for a few personal items. This place is literally turnkey. 35 minutes to Asheville and 20 minutes to Black Mountain. https://visiorephoto.hd.pics/1767-Catawba-Falls-Pkwy/idx

1767 Catawba Falls Parkway Unit #238, Black Mountain

$1,150,000

3 Beds ⋅ 3 Baths ⋅ 4397436 MLS

Escape to the peace and beauty of Western North Carolina in this exceptional mountain retreat, nestled on a private homesite within the gated community of Catawba Falls Preserve. Move-in ready peace of mind! The proactive sellers have already completed a professional pre-listing home inspection and radon test, addressing all identified items ahead of time. Impeccably maintained and truly worry-free, this home is ready for its next owner to just turn the key and enjoy. Pride of ownership shines throughout! Surrounded by long-range mountain vistas, tranquil wooded views, and cool mountain air, this home offers the privacy and serenity buyers dream of—while remaining just 19 minutes from the restaurants, shops, and charm of downtown Black Mountain. Enjoy the best of mountain living with paved roads, nearby hiking trails, waterfalls, and outdoor recreation right outside your door. Designed to embrace its spectacular surroundings, the open-concept floor plan features soaring vaulted ceilings and dramatic walls of windows that fill the home with natural light and showcase breathtaking mountain views from nearly every room. Quality craftsmanship is evident throughout, with solid oak doors, premium finishes, and thoughtful details at every turn. The gourmet kitchen is both beautiful and functional, featuring custom hickory cabinetry, quartz countertops, a spacious pantry, and generous workspace for everyday living or entertaining. A private dining room with cathedral ceilings and mountain views creates the perfect setting for memorable meals, while the expansive family room is anchored by a gas fireplace and framed by floor-to-ceiling windows overlooking the surrounding forest. An adjoining sitting room provides the ideal place to enjoy your morning coffee or unwind with a book while taking in the scenery. The spacious main-level primary suite is a true sanctuary, complete with its own fireplace, a custom walk-in closet, and a luxurious spa-inspired bath featuring dual vanities, a soaking tub, and an oversized walk-in shower with body spray jets. Two additional bedrooms and a versatile bonus room provide flexible space for guests, a home office, fitness room, or additional sleeping quarters. Outdoor living is every bit as impressive as the interior. Relax on the screened porch, gather around the gas fireplace on the private stone terrace, or entertain on the newly expanded Trex deck while taking in panoramic views that stretch to Mt. Mitchell. Every outdoor space has been designed to maximize privacy and showcase the beauty of the surrounding mountains. Additional features include an unfinished basement with abundant storage or future expansion potential, a whole-house generator, an oversized two-car garage with workshop and built-in storage, a new architectural roof (2018), two new energy-efficient HVAC systems (2025), a new water heater, and a conditioned crawl space with sump pump and dehumidifier. Offering luxury, privacy, breathtaking views, and a premier gated mountain lifestyle, this extraordinary home is the perfect blend of seclusion and convenience—close enough to enjoy everything Black Mountain has to offer, yet tucked away in one of the area's most scenic and desirable mountain communities.

131 Arcadia Falls Way, Black Mountain

$60,000

4397495 MLS

Welcome to the breathtaking Catawba Falls Preserve, an exclusive mountain community where natural beauty and refined living come together in perfect harmony. Located just 20 minutes from the vibrant and charming town of Black Mountain, this exceptional homesite offers a rare opportunity to create a private mountain retreat surrounded by the splendor of Western North Carolina. The property features captivating long-range views and a gently sloping lower section that provides an ideal building envelope for a custom-designed residence. Imagine waking each morning to panoramic vistas, crisp mountain air, and the soothing sounds of nature, then unwinding each evening on your back porch as the sun sets over the rolling peaks. Residents of Catawba Falls Preserve enjoy access to an impressive collection of private amenities, including more than eight miles of scenic hiking trails, cascading waterfalls, tranquil streams, and countless opportunities to immerse themselves in the region's remarkable natural landscape. An expired three-bedroom septic permit is available for review, offering valuable insight into a potential homesite location and helping bring your vision to life. Adding to the property's appeal, short-term rentals are permitted within the community, creating an exceptional opportunity for those seeking both a personal mountain escape and the potential for investment income. Whether envisioned as a private retreat, a luxury vacation rental, or a future primary residence, this versatile homesite offers remarkable flexibility. Whether you're seeking a peaceful getaway, a forever home, or an investment in one of the area's most picturesque communities, this extraordinary parcel presents an unparalleled opportunity to experience mountain living at its finest. Schedule your private showing today and discover the lifestyle that awaits.

230 Catawba Falls Parkway, Black Mountain

$2,150,000

5 Beds ⋅ 5 Baths ⋅ 4388597 MLS

Perched on a commanding ridgeline in the gated Catawba Falls Preserve community, this exceptional 2022-modern mountain home delivers panoramic and long-range views from virtually every room — sunrise from the east, sunset from the west, layered Blue Ridge peaks visible from the kitchen, living room, bedrooms, back porch, and lower-level patio hot tub alike. The main and upper level offers nearly 5,000 sq ft of thoughtfully designed living space: an open-concept great room with soaring vaulted ceilings, a dramatic wall of windows framing the mountain vistas, a large kitchen island, gas fireplace and custom built-ins with plenty of storage. Five bedrooms and 4.5 baths include a spectacular primary suite with separate dual vanity areas, deep soaker tub, oversized walk-in shower, and a huge walk-in closet with custom built-in shelving. The home is furnished with high-end Arhaus pieces available to purchase separately. The upper level features a bar and billiards room with widows for mountain vistas as art. Outdoor living here is effortless and stunning. The expansive back deck offers multiple seating areas and room to grill, all facing long-range mountain views that stretch ridge after ridge into the distance. Steps away, the lower patio delivers a view and a retreat — a private hot tub, a stone fire pit, and professionally landscaped stone pathways that make the grounds feel as considered as the interior An additional 3,000+ sq ft of unfinished space on the lower level — roughed in and ready — provides exceptional potential for two additional bedrooms, a home theater, gym, or expanded entertainment suite. Additional highlights: whole-house generator, 2-car garage with epoxy-coated floors, EV charger, and built-in storage. Paved roads throughout the well-maintained, gated community. Approximately 2,500 ft elevation — a little higher than the town of Black Mountain — delivering cooler summers and stunning seasonal color. Currently operated as a successful short-term rental (~50% of the year) and second residence. STR-permitted community. Only 20 minutes to Black Mountain.

2488 Catawba Falls Parkway, Black Mountain

$849,000

5 Beds ⋅ 4 Baths ⋅ 4375921 MLS ⋅ Catawba Falls Preserve BLDG.

Looking for Peace? Tranquility? Move in ready? This Turn key, rarely available, custom built new construction home located in the exclusive Catawba Falls Preserve community (with direct Catawba Falls waterfall trail) access checks all the boxes. Situated on over 1.5 acres with winter views, forest views and the upper ridge of the community year round. This professionally decorated home is being sold fully furnished and outfitted- what you see is what you get, everything is included. This home was thoughtfully designed to be a full time or seasonal residence, but is also ready to be a successful, vacation rental investment. This home is an active, cash flowing short term rental with a high occupancy rate. The owners designed this home with functionality in mind, noticeable at every turn while walking through the over 3000 square feet of living areas and the expansive outdoor spaces. Boasting 5 furnished bedrooms plus a den (used as bedroom 6 for rentals), 3.5 bathrooms and a fully finished (daylight) basement, this home allows families to spread out. The basement has outside access to a thoughtfully designed private hot tub. The game room comes outfitted with a regulation ping pong table, foosball table and cards table. The level includes two bedrooms, one being a separate master suite with en-suite bathroom, a living room and the recreational area. The main level of the home has two decks, front and back, fully equipped with a propane fire pit, barbecue and ample seating areas. The elegant custom stone, wood burning fire place adds to an open living room that leads to a fully custom kitchen. The kitchen features high end upgrades including soft close cabinets, wine rack, farm sink and upgraded appliances. The main level has a master bedroom with ensuite bathroom as well. The upper level is rounded out with two more bedrooms, a den, full bathroom and five active gable dormers adding to the mountain living vibes. The exterior of the home features upgraded landscaping, an in ground basketball hoop and ample parking for multiple vehicles. The home is situated below street level offering supreme privacy and the owners have invested in clearing a usable large backyard space. Catawba Falls Preserve is a gated community with great proximity to Chimney Rock park, Chimney Rock village, Lake Lure and downtown Asheville. The community center and playground round out the area. Other upgrades include stained outdoor decks, tongue and groove ceilings, enhanced plank floors throughout all levels, upgraded led lighting and a full WiFi package- door bell, door lock and camera system. Don't miss out on your chance to own your slice of mountain serenity, this won't last long.

233 Arcadia Falls Way, Black Mountain

$732,500

3 Beds ⋅ 2 Baths ⋅ 4374383 MLS

Mountain living at its best in gated Catawba Falls Preserve. Built in 2022, this thoughtfully designed one-level 3 bedroom, 2 bath home with a large study/bonus room sits on nearly 4 private acres with peaceful mountain views and the added benefit of dedicated recreation zone that cannot be built on, creating the feel of an even larger flat usable yard. Located with a Black Mountain address in McDowell County, you’ll enjoy the convenience of lower county taxes while still being just minutes from everything Western North Carolina has to offer. Designed for both comfort and functionality, this home features granite countertops, wooden Koch soft-close cabinetry throughout, under-cabinet lighting in the kitchen and laundry, and a new stove with air fry and convection options. The spacious garage includes 240v electrical, while the home is already wired for CCTV security and a full home audio system for seamless modern living. Extensive recent upgrades make this property truly turnkey, including a Quiet Run whole-home generator, in-ground 500-gallon propane tank with backup heat access, hybrid 80-gallon smart heat pump water heater, whole-home HEPA air filtration system, Smart Ecobee thermostats with 3-zone comfort settings, upgraded pressure tank with spin-down water filtration, and an outdoor grilling station with power. Outside, enjoy excellent landscaping with native trees, shrubs, and bulbs, a quarter-acre garden, concrete pad and sidewalk near the driveway, and peaceful outdoor spaces designed to take full advantage of the mountain setting. Privacy, usability, and quality improvements come together to create a home that feels both elevated and effortless.

50 Glass Falls Trail Unit #143,144, Black Mountain

$22,000

4362833 MLS

Discover your mountain retreat on this beautiful 1.71-acre homesite located at the end of a quiet cul-de-sac in the gated community of Catawba Falls Preserve. Enjoy year-round mountain views and the privacy this premium lot offers. Catawba Falls Preserve is a sought-after mountain community bordering the Pisgah National Forest with scenic hiking trails, and access to the breathtaking Catawba Falls, a stunning cascading waterfall you can hike to directly from within the community.

9999 Rainbow Falls Trail, Black Mountain

$99,800

4360869 MLS

TWO ADJOINING LOTS AT AN UNBEATABLE PRICE!! Lot 13; 1.53 acres, and Lot 14; 1.96 acres, being sold together for OVER $10k UNDER TAX VALUE! Enjoy amazing year-round mountain views from these beautiful Catawba Falls Preserve lots. With right at 3.5 acres total, located toward the end of the Feather Falls Trail cul-de-sac, reap the rewards of privacy in a lovely gated development with the added benefit of a nature-focused community offering its own private community center, walking trails, and picnic and recreation areas. Nestled near the headwaters of the renowned Catawba River, these community lots are within hiking distance of the breathtaking Catawba Waterfalls and represent some of the best the quaint Town of Black Mountain has to offer. Enjoy dining, shopping, and great year-round activities/festivities right in the Town, with quick access to Asheville or Old Fort and many other surrounding small towns in the uniquely gorgeous Western North Carolina region. With short term rentals and off-frame modular homes allowed, plus a super reasonable minimum square footage of 1800, the possibilities are endless! This is your chance to make a sound investment in your own little slice of mountain paradise!

459/461 Feather Falls Trail, Black Mountain

$28,000

4322936 MLS

Discover the beauty of Catawba Falls Preserve, a gated, nature-focused community nestled at the headwaters of the Catawba River and bordering the Pisgah National Forest. With over 215 spacious homesites and miles of hiking opportunities, this private mountain community is ideal for outdoor lovers. This exceptional lot is priced well below tax value and uniquely bordered by both Feather Falls and South Feather Falls. Located near the end of the Feather Falls cul-de-sac, it offers a peaceful, low-traffic setting. Potential for long-range mountain views with thoughtful home placement—similar to the adjacent homesite that has already been developed. Community guidelines allow off-frame modular homes, detached garages (without living space), and a minimum home size of 1,800 sq ft with 10-ft setbacks. Building height up to 35 ft. No required start date for construction; once a permit is issued, you have one year to begin. Enjoy the community trail leading directly to Catawba Falls. Conveniently situated just 25 minutes to Lake Lure and centrally located between Chimney Rock, Black Mountain, Old Fort, and Asheville—each only about 35 minutes away. This lot is priced to sell—don’t miss it!

295 S Feather Falls Trail Unit #50, Black Mountain

$35,000

4316658 MLS

Beautiful and buildable lot for sale in the sought-after Catawba Falls Preserve. This 1. 39-acre lot has everything you need for a peaceful mountain lifestyle—privacy and beautiful mountain views—perfect for building your dream home. Catawba Falls Preserve is a gated community next to Pisgah National Forest, while the nearby Catawba Falls area is open to the public and features a stunning 205-foot Lower Falls and an 80-foot Upper Falls, both accessible through the Catawba Falls trail system. The community offers private home sites and various amenities, and you can even hike to the public falls from within the neighborhood. The falls are a favorite spot for hiking, with a 3. 5-mile loop trail that includes a staircase with 580 steps leading up to an observation tower for the Upper Falls.

38 Attica Falls Trail, Black Mountain

$42,000

4317723 MLS

Just listed in Catawba Falls Preserve, a cul-de-sac lot, ideal for a primary residence or vacation mountain escape. Less than 30 minutes from downtown Black Mountain, which features dining, shops, art and more.

9 Wapama Falls Drive Unit #17, Black Mountain

$53,000

4300814 MLS

Priced well below tax value! Beautiful and buildable lot in the incredible Catawba Falls Preserve neighborhood. 15 minutes to downtown Black Mountain. 30 minutes to Asheville. CFP borders Pisgah National Forest and connects to scenic hiking trails that lead to the iconic 304-ft Catawba Falls! This beautifully-maintained community features wide paved roads and underground utilities. Close to it all while feeling a world away. CFP is one of the very few gated communities in the area that currently allow short-term rentals - so you have the option to build your mountain dream home and then rent it out when you're not there.

1696 Catawba Falls Parkway Unit #190, Black Mountain

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Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .