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40 Country Bear Lane, Flat Rock, NC 28731

call for price
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Active
BEDS4 BATHS3 full SQUARE FEET3,085 MLS#4332648
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property 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 tenants, 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.

40 Country Bear Lane | MLS# 4332648

This multi-family property located at 40 Country Bear Lane, Flat Rock, NC 28731 is currently listed for sale with an asking price of call for price. Search Flat Rock real estate on www.lakenormanrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Fenced: Yes
Garage: 6 car attached
Heating: Central, Propane
Lot Size: 1.10 Acres
Year Built: 1987

Feature Descriptions

Appliances: Dishwasher, Electric Range, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Refrigerator with Ice Maker, Washer/Dryer
Days on Site: 152
Exterior: Stone, Vinyl
Fireplace: Family Room, Gas, Propane
Flooring: Carpet, Tile, Vinyl
Foundation: Crawl Space, Slab
Laundry: In Garage, Laundry Room
Lot: Adjoins Forest, Cleared, Views, Wooded
Other Equipment: Fuel Tank - Leased
Other Parking: Unit 1 - 2 car garage. Unit 2 - 4 car tandem lower level garage
Parcel#: 9936740
Parking: Driveway, Attached Garage, Garage Faces Front, Tandem, Other - See Remarks
Patio/Porch: Deck, Patio, Rear Porch
Pets Allowed: Yes
Sewer: Septic Installed
Swimming Pool: Yes
Swimming Pool: Fenced, Heated, In Ground
Units: 2
Utilities: Cable Available, Electricity Connected, Propane
Water: Well
Window Features: Window Treatments

Local Schools

High School: East Henderson
Middle School: Flat Rock
Elementary School: Upward

Listed By / Shown By

Listed By

Agency Name: EXP Realty LLC
Agency Contact: MaryHelen@MHL-Advisors.com

Shown By

Agency Title: Lake Norman Realty
Agency Phone: 704-450-1175

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Estimated Payment

$ 0.00 per month $0.00 Principal & Interest $0.00 Property Tax (data not provided by mls) $0.00 Homeowner's Insurance

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