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40 Country Bear Lane
Flat Rock NC 28731 US

$599,000

Active Listing ID 4332648
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4 bed
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3.00 Bath (3 Full)
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Lot: 1.10 Acres
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Other

$599,000

Active Listing ID 4332648
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40 Country Bear Lane 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.

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Property Features

  • Facts
  • Lot Size: 1.10 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 3
  • Cooling System: Electric, Ceiling Fan(s), Central Air
  • Floor Covering: Vinyl, Carpet, Tile
  • Heating Fuels: Central, Propane (Heating)
  • Additional Features
  • Fireplace
  • Patio
  • Pool

School Information

  • School
  • Upward(Elementary)
  • Flat Rock(MiddleSchool)
  • East Henderson(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 599000
  • unparsedaddress: 40 Country Bear Lane
  • postalcity: Flat Rock
  • stateorprovince: NC
  • country: US
  • postalcode: 28731
  • bathroomsfull: 3
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 1.1
  • lotsizeunits: Acres
  • lotsizearea: 1.1
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 35.2509
  • longitude: -82.404088
  • listagentfullname: Mary Helen Letterle
  • listagentemail: maryhelen@mhl-advisors.com
  • listagentkey: 3yd-CMLSNC-R25054
  • listagentmlsid: R25054
  • listagentpreferredphone: 8287823515
  • listagentofficephone: 8287823515
  • listofficekey: 3yd-CMLSNC-372903
  • listofficemlsid: 372903
  • disclaimer: Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CMLSNC
  • yearbuilt: 1987
  • listingcontractdate: 2026-01-09
  • countyorparish: Henderson
  • parcelnumber: 9936740
  • elementaryschool: Upward
  • highschool: East Henderson
  • appliances: Dishwasher, Electric Range, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Refrigerator with Ice Maker, Washer/Dryer
  • cooling: Electric, Ceiling Fan(s), Central Air
  • constructionmaterials: Stone, Vinyl
  • flooring: Vinyl, Carpet, Tile
  • heating: Central, Propane (Heating)
  • numberofunitstotal: 2
  • fireplaceyn: True
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Driveway, Garage - Attached, Garage, Tandem
  • waterfrontyn: False
  • franchiseaffiliation: None
  • windowfeatures: Window Treatments
  • rooms: Bathroom 3, Bathroom 1, Bedroom 4, Bedroom 1, Bathroom 2, Laundry Room, Bedroom 3, Bedroom 2
  • utilities: Cable Available
  • patioandporchfeatures: Porch, Patio, Deck
  • dock: False
  • poolprivateyn: True
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -82.40409, 35.2509
  • openhouse: { "AppointmentRequiredYN": false, "ListingKey": "3yd-CMLSNC-4332648", "OpenHouseEndTime": "2026-03-01 13:00:00", "OpenHouseId": "1795959", "OpenHouseRemarks": null, "OpenHouseStartTime": "2026-03-01 11:00:00", "OpenHouseType": null, "VirtualOpenHouseURL": null }
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"EXP REALTY LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"maryhelen@mhl-advisors.com", "ListBrokerageCity":"Charlotte", "ListBrokerageCountry":"US", "ListBrokerageEmail":"nc.broker@exprealty.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"EXP REALTY LLC", "ListBrokeragePhone":"(336) 937-9123", "ListBrokeragePostalCode":"28216", "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":"Suite 200", "ListBrokerageUnparsedAddress":"10130 Perimeter Parkway", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"16 Biltmore Ave Suite #300", "ListOfficeAddress2":"Suite 200", "ListOfficeBrokerMlsId":"372903", "ListOfficeCity":"Asheville", "ListOfficeCountry":"US", "ListOfficeEmail":"nc.western@exprealty.com", "ListOfficePostalCode":"28801", "ListOfficeStateOrProvince":"NC", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Flat Rock, NC", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/40-Country-Bear-Ln_Flat-Rock_NC_28731_M58358-28109?f=listhub&s=CMLSNC&m=4332648&c=rexren", "MLSModificationTimestamp":"2026-04-20 12:49:04", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":null, "TaxDescription":"SPTG HWY", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/19/2026 9:26:35 PM GMT
Source Updated Date: 6/4/2026 12:54:43 AM GMT

Courtesy of: Mary Helen Letterle, EXP Realty LLC, maryhelen@mhl-advisors.com

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.