331 Catawba Falls next door. Adjoining Lot 50 will have similar views and topography. - Black Mountain
Front Gate - Black Mountain
Front Gate - Black Mountain
Front Gate - Black Mountain
Burried Utilities - Black Mountain
331 Catawba Falls next door. Adjoining Lot 50 will have similar views and topography. - Black Mountain
Topography - Black Mountain
331 Catawba Falls next door. Adjoining Lot 50 will have similar views and topography. - Black Mountain
Road Front - Black Mountain
Road Front - Black Mountain
Front Gate - Black Mountain
Front Gate - Black Mountain
Front Gate - Black Mountain
Front Gate - Black Mountain
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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
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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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 (e.g. NC Dept. of Public Instruction, SC Report Card).

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

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 45 days -- 91 fewer days than Black Mountain's current average of 136 days.
For reference, the median list price across 246 active listings in Black Mountain right now is $409,798.

Mortgage calculator

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

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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.