Lot at 187 Arcadia Falls Way, Black Mountain
Lot at 187 Arcadia Falls Way, Black Mountain, photo 2 of 5
Lot at 187 Arcadia Falls Way, Black Mountain, photo 3 of 5
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Lot at 187 Arcadia Falls Way, Black Mountain, photo 5 of 5
5 photos

$39,000

187 Arcadia Falls Way
Black Mountain, NC 28711
Listed by Eddie Colley · Keller Williams Professionals
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Build your dream home or mountain cabin on this beautiful private mountain lot with winter time mountain views. Catawba Falls Preserve is a tranquil and quiet gated community approx 15 minutes from historic downtown Black Mountain and 25 minutes to Chimney Rock and Lake Lure. This community has a variety of vacation homes and full time residents. Boarding the Pisgah National Forest, you'll enjoy long walks on miles of maintained trails, some leading to the breathtaking Catawba Falls waterfalls. This lot is not too far from the entrance to the community and the road leading to this lot is flat/level. The lot is sloping which would allow for a daylight basement type of home. Scoop up this lot before it is gone.

Property details

MLS
Canopy MLS
MLS #
CAR3923498
Property type
Lot
Subdivision
Catawba Falls Preserve
Status
Active
Days on market
1121
On market date
June 14, 2023
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.89 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Old Fort Elementary School
5.45 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
312
Student:teacher ratio
13.6:1
District
McDowell County Schools
Middle
West McDowell Middle School
14.78 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
648
Student:teacher ratio
15.8:1
District
McDowell County Schools
High
McDowell Early College
17.35 mi away · Grades 9-13
Zoned school (attendance boundary, 2015-16 data)
3.8
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
254
Student:teacher ratio
23.1:1
District
McDowell County Schools

Walkability

Blended score for Black Mountain's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

11
Very car-dependent
out of 100
EPA National Walkability Index
3.7 / 20 -- Least walkable
Google Places amenity density
0 / 100
Restaurants & cafes0
Grocery stores0
Parks0
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Black Mountain, from live MLS data.

On the market 1121 days -- 967 more days than Black Mountain's current average of 154 days.
For reference, the median list price across 259 active listings in Black Mountain right now is $384,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$385/mo
$7,800 down
$31,200 loan
Principal & interest$202
Property tax (est.)$33
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated July 10, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.