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Active

520 Courtwood Lane

Hendersonville, NC 28739

Active Listed 164 Days Price cut to $1,285,000 Apr 29, 2026 Listing ID CAR 298909137

$1,285,000

Est. $7,989/mo See my rate

$266/Sq Ft

8 bd · 8 ba · 4,832 sqft · $266/sqft

8 Beds
8 Baths
4,832 Sq Ft
$266/Sq Ft
1981 Built
— acres Portfolio Willow Bend Listed Apr 1, 2026 Updated Jul 28, 2026 HOA $175/mo

HOA & Association

Dues$175/mo

About This Commercial Property

Rare opportunity to acquire an entire 8-unit condominium building under one ownership. That's right! You will own 100% of the HOA.

Each unit is a separately platted condominium within an established HOA, currently owned by a single investor and offered as a portfolio sale. Significant capital improvements include new roof (2025), crawl space encapsulation (2026), and exterior paint/stain (2025). Two units (Units 4 & 8) have been renovated with updated kitchens featuring quartz countertops, new cabinetry, stainless sinks, and appliances, along with LVT flooring, updated lighting, and new interior/exterior doors.

These two units also include a stackable washer/dryer which is not common in the Willow Bend community. Each unit is with approximately 604 square feet and includes 1 bedroom and 1 bathroom with bright, natural light and functional unit layout with consistent rental appeal across all 8 units. Each unit has individually metered city water and sewer.

New to newer water heaters installed in all units within last three years. Located within 1 mile of downtown shopping, dining, and the Ecusta Trail.

Property history

  1. Jul 2, 2026
    Status changed to Off Market $399,000 Off Market
    Active -> Off Market
  2. Jul 2, 2026
    Status changed to Off Market $199,500 Off Market
    Active -> Off Market
  3. Apr 29, 2026
    Price reduced $1,285,000 Active
    Was $1,295,000
Show 7 more Show less
  1. Apr 29, 2026
    Price reduced $399,000 Active
    Was $419,000
  2. Apr 29, 2026
    Price reduced $199,500 Active
    Was $215,000
  3. Apr 1, 2026
    Listed for sale $1,295,000 Active
    Listed 164 Days
  4. Mar 20, 2026
    Price reduced $419,000 Active
    Was $439,000
  5. Mar 20, 2026
    Price reduced $215,000 Active
    Was $224,000
  6. Feb 26, 2026
    Previously listed $399,000 Off Market
  7. Dec 30, 2025
    Previously listed $199,500 Off Market

Property Details

Interior Details

Heating
  • Heat Pump
Flooring
  • Vinyl
Room Other
  • Bedroom(s)
  • Bathroom(s)
  • Kitchen
  • Living Room
  • Breakfast
Door Features
  • Sliding Doors
Half Bathrooms
0
Laundry Features
  • Other - See Remarks

Dwelling And Structure

Construction Type
Site Built

Square Footage And Levels

Above Grade Finished Area
4832

Parking And Garage

Carport Spaces
8
Carport Present
true
Parking Features
  • Detached Carport

Exterior Features

Roof
  • Architectural Shingle
Construction Materials
  • Wood

Lot And Land

Lot Size Units
Acres

Basement And Foundation

Foundation Details
  • Crawl Space

Utilities

Sewer
  • Public Sewer
Utilities
  • Cable Available
  • Electricity Connected
Water Source
  • City

Financial Information

City Taxes Paid To
Hendersonville
Hoa Dues
Mandatory

Zoning And Restrictions

Zoning
Res-Condo
Subject To Ccrs
Yes

Multi Unit Details

Total Number Of Units
8

Listed by Sherri Holbert (828-674-3649) · Patton Allen Real Estate LLC (828-348-1154)

Location

Address
520 Courtwood Lane
City
Hendersonville, NC 28739
Community
Willow Bend
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Schools

Elementary
Bruce Drysdale
Middle
Hendersonville
High
Hendersonville

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

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520 Courtwood Lane, Hendersonville, NC, 28739

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