Hot Springs · Hot Springs, NC
204 Lawson Street
Hot Springs, NC · 5,238 sqft
$1,795,000
- 7Beds
- 7Baths
- 5,238SqFt
- 1868Year
- 2Days on market
About this home
The Magnolia House is a renowned, historic mountain estate, tucked away in privacy on 3 acres of beautifully curated gardens amidst majestic, old growth trees & breathtaking mountain views. Previously managed as a B&B for 24 years & revived in 2021 as a destination wedding venue, event space & luxury vacation rental and would be an amazing private residence. The property is a private gated sanctuary situated in the heart of Hot Springs and safely above any flooding risk. Offered fully furnished, the vintage modern Manor features 7BR’s, 6BA’s, 2 half BA, a commercial kitchen, multiple outdoor porches & pavilion. The quaint town of Hot Springs, known for its natural healing mineral waters at the Hot Springs Spa, the main street being the Appalachian Trail, offers restaurants, brewery/taqueria, wood fired pizza, Deli, galleries, mtn. outfitters, library, hiking, rafting, flyfishing & National Forest! A beautiful and magical place to live! (Adjoining the Magnolia House, the Garden House may also be purchased with its magical cottage garden, 3BR’s/2BA's, spacious kitchen, living & dining rooms + outdoor hot tub.)
Property details
- Beds
- 7
- Baths
- 7
- SqFt
- 5,238
- Lot
- —
- Year built
- 1868
- Type
- Single Family
- Days on market
- 2
- Style
- Victorian
- Heating
- Central, Forced Air, Heat Pump, Propane, Zoned
- Cooling
- Central Air, Heat Pump
- Foundation
- Crawl Space
- Flooring
- Tile, Wood
- View
- Long Range, Mountain(s)
Features
- Storage
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$13,211/ month
- Principal & interest
- $11,116
- Property tax (~1.05%)
- $1,570
- Homeowners insurance
- $523
- HOA dues
- —
Down payment
$89,750 down · $1,705,250 financed
Income to qualify (28% rule)
~$566,190 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.