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Active

40 Country Bear Lane

Flat Rock, NC 28731

Active 199 days on market Listing ID CAR 292852417

$599,000

Est. $3,444/mo See my rate

$194/Sq Ft

4 bd · 3 ba · 3,085 sqft · $194/sqft

4 Beds
3 Baths
3,085 Sq Ft
$194/Sq Ft
1987 Built
1.10 acres Duplex Listed Jan 9, 2026 Updated Apr 20, 2026 HOA None

About This Home

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.

Property Details

Interior Details

Heating
  • Central
  • Propane
Flooring
  • Carpet
  • Tile
  • Vinyl
Sqftother
211
Door Features
  • Sliding Doors
Window Features
  • Window Treatments
Laundry Features
  • In Garage
  • Laundry Room
Mainlevelgarageyn
1
Fireplace Features
  • Family Room
  • Gas
  • Propane

Square Footage And Levels

Above Grade Finished Area
3085
Below Grade Finished Area
0

Parking And Garage

Parking Features
  • Driveway
  • Attached Garage
  • Garage Faces Front
  • Tandem
  • Other - See Remarks

Exterior Features

Construction Materials
  • Stone
  • Vinyl
Patio And Porch Features
  • Deck
  • Patio
  • Rear Porch

Lot And Land

Lot Features
  • Adjoins Forest
  • Cleared
  • Views
  • Wooded
Lot Size Acres
1.1
Lot Size Units
Acres

Basement And Foundation

Foundation Details
  • Crawl Space
  • Slab

Utilities

Sewer
  • Septic Installed
Utilities
  • Cable Available
  • Electricity Connected
  • Propane
Water Source
  • Well

Financial Information

Citytaxespaidto
No City Taxes Paid

Zoning And Restrictions

Zoningspecification
R2 R

Pool And Spa

Private Pool
true
Pool Features
  • Fenced
  • Heated
  • In Ground

Multi Unit Details

Total Number Of Units
2

Listed by Mary Helen Letterle (828-782-3515) · EXP Realty LLC (888-584-9431)

Location

Address
40 Country Bear Lane
City
Flat Rock, NC 28731
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Schools

Elementary
Upward
Middle
Flat Rock
High
East Henderson

School assignments may change. Contact the school district to confirm.

Canopy MLS

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