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40 Country Bear Lane

Flat Rock, NC 28731

$599,000 $2,525/Mo

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Overview

Bed

3.0

Bath

3,085

Sqft

1.10

Acres(Lot)

Description

Now priced $88,000 below recent appraisal. With two fully functional living units, this property offers immediate income potential, flexible occupancy strategies, and long-term value in a highly desirable location near Flat Rock. The main residence (Unit 1) features a 3-bedroom layout with multiple living areas, including two sunrooms, a gas fireplace, and an updated kitchen with granite countertops. The primary suite includes a walk-in closet and en-suite bath, while the second-floor bedroom also offers a private en-suite—ideal for maximizing rental configurations or short-term rental appeal. Unit 2 is a fully self-contained 1-bedroom, 1-bath suite with private entrance, full kitchen, living/dining area, oversized walk-in closet, and dedicated storage space—well-suited for long-term tena nts, short-term rental income, or multigenerational occupancy. The property includes a 2-car garage plus a rare 4-car tandem basement garage with oversized doors, offering strong appeal for tenants or owners needing workshop, storage, or equipment space—an added value driver not commonly found in comparable properties. Situated on 1.1 acres with mountain views and direct adjacency to Green River Game Lands, the location supports both long-term rental stability and short-term rental demand, with access to hiking, rivers, and outdoor recreation. Additional features include a large in-ground pool with 9’ diving depth and newer HVAC systems (2019 & 2025), reducing near-term capital expenditures. With dual-unit flexibility, below-appraisal pricing, and strong lifestyle-driven rental appeal, this property is well-positioned for investors seeking cash flow, house-hack potential, or short-term rental diversification. Please note - pool cover is virtually placed and this property is cross-listed under MLS #4332498.

Property Details

Property Type : Residential Income

Price : $599,000

AD Id : 72644651

MLS Id : CAR4332648

Beds : 4

Lot Size : 1.10 Acres

Living Area Size : 3,085

Year Built : 1987

Garage : 6

County : Henderson

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedroom: 4

Bathroom Information

Full Baths: 3

Interior Features

Appliances: Dishwasher, Electric Range, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Refrigerator with Ice Maker, Washer/Dryer Laundry Features: In Garage, Laundry Room
Flooring Information

Flooring: Carpet, Tile, Vinyl Construction Materials: Stone, Vinyl
Heating & Cooling

Heating: Central, Propane Cooling: Ceiling Fan(s), Central Air, Electric, Other - See Remarks WaterSource: Well

Building Information

Year Built: 1987
Pool Features

Private Pool: 1 Fenced, Heated, In Ground

Lot Information

Lot Description: Adjoins Forest, Cleared, Views, Wooded Lot Size Area: 1.1 acre

Property Information

Property Type: Residential Income Sub Type: Duplex

Listing Price Information

Original List Price:$718000

Tax Information

Tax Assessed Value: 439400 Parcel Number: 9936740

Virtual Tour

Virtual Tour (External Link)

Parking Information

Open Parking: Unit 1 - 2 car garage. Unit 2 - 4 car tandem lower level garage Driveway, Attached Garage, Garage Faces Front, Tandem, Other - See Remarks

Garage Information

Has Garage: Yes Garage Space: 6 Has Main Level Garage: Yes

School Information

Elementary School: Upward Junior High School: Flat Rock Senior High School: East Henderson
Utility Information

Cable Available, Electricity Connected, Propane Sewer: Septic Installed Water Source: Well
Location Information

City: Flat Rock Direction: From I26 E - take exit 54 for US Hwy 25 S towards Greenville. Take exit 7 for 176 E towards Saluda. Turn left off the exit onto 176 E/US Bus 25. Drive PAST Daffodil Cove (your gps may tell you to turn, but don't), and turn left onto Country Bear Ln. Follow it until you come to 40 Country Bear Ln on the right.

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ByOwner last updated this listing 06/12/2026 @ 06:20

MLS: CAROLINA #4332648 LISTED BY: Mary Helen Letterle, EXP Realty LLC 888-584-9431 SOURCE: CAROLINA (Canopy MLS) (Listings courtesy of CAROLINA (Canopy MLS) as distributed by MLS GRID)