331 Catawba Falls next door. Adjoining Lot 50 will have similar views and topography.
Front Gate
Front Gate
Front Gate
Burried Utilities
331 Catawba Falls next door. Adjoining Lot 50 will have similar views and topography.
Topography
331 Catawba Falls next door. Adjoining Lot 50 will have similar views and topography.
Road Front
Road Front
Front Gate
Front Gate
Front Gate
Front Gate
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33 photos

$28,000

Black Mountain, NC 28711
Listed by Derrick Erb · DRG Homes & Land
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

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!

Property details

MLS #
CAR4322936
Property type
Lot
Subdivision
Catawba Falls Preserve
Status
Active
Days on market
45
On market date
November 18, 2025
Stories
N/A
Garage spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Old Fort Elementary School
5.63 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
14.97 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
17.55 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

Mortgage calculator

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Est. monthly payment
$319/mo
$5,600 down
$22,400 loan
Principal & interest$145
Property tax (est.)$23
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated January 2, 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.