Tucked away in one of Hendersonville’s hidden gem communities, this charming lake-view retreat offers the perfect blend of mountain serenity, affordability, and investment potential. With water views at a price point well below the county average, 117 Willow Way is the opportunity buyers have been waiting for. Whether you’re searching for a vacation getaway, second home, short-term rental, or income-producing investment property, this one checks all the boxes.
This inviting 2-bedroom, 1-bath home features thoughtful updates throughout, including a newer roof (1.5 years old), updated HVAC mini-splits (5 years), and newer windows (3 years), giving peace of mind for years to come. The kitchen has been refreshed with updated countertops, backsplash, stove, and newer refrigerator, while the bathrooms have seen tasteful improvements including new flooring and upgraded finishes upstairs. Encapsulation adds additional value and efficiency.
The true showstopper is the screened-in porch overlooking the lake — the perfect place to enjoy morning coffee, unwind after a day exploring Western North Carolina, or simply soak in the peaceful surroundings. Nestled in a quiet, private setting with lake views and year-round enjoyment, this property offers the mountain lifestyle buyers crave without the premium price tag.
Conveniently located near Hendersonville’s vibrant downtown, outdoor recreation, hiking, breweries, and everything Western North Carolina has to offer, this property presents incredible flexibility for personal enjoyment or rental income potential.
Affordable lake-view opportunities in Henderson County are rare — schedule your showing today before this hidden gem is gone!
Active
$275,000
117 Willow Way, Hendersonville, NC 28739
2beds
1,054sqft
Townhouse
Built in 1980
0.06 Acres Lot
$263,200 Zestimate®
$261/sqft
$61/mo HOA
What's special
Lake-view retreat
- 53 days |
- 948 |
- 74 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Dee Gambrell dee@bluaxis.com,
BluAxis Realty
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4384780
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: Upper
Bedroom s
- Level: Upper
Bathroom full
- Level: Upper
Dining area
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Ductless
Cooling
- Attic Fan, Ceiling Fan(s), Ductless
Appliances
- Included: Dishwasher, Oven, Refrigerator
- Laundry: Inside, Main Level
Features
- Flooring: Carpet, Wood
- Doors: Sliding Doors
- Has basement: No
Interior area
- Total structure area: 1,054
- Total interior livable area: 1,054 sqft
- Finished area above ground: 1,054
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Driveway, Attached Garage, Garage Faces Rear, Shared Driveway, Garage on Main Level
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Covered, Porch, Screened
- Has view: Yes
- View description: Water, Year Round
- Has water view: Yes
- Water view: Water
Lot
- Size: 0.06 Acres
- Features: End Unit, Green Area, Level, Paved, Private, Wooded
Details
- Parcel number: 401423
- Zoning: R2R
- Special conditions: Undisclosed
- Horse amenities: None
Construction
Type & style
- Home type: Townhouse
- Architectural style: Traditional
- Property subtype: Townhouse
Materials
- Wood
- Foundation: Crawl Space
- Roof: Composition
Condition
- New construction: No
- Year built: 1980
Utilities & green energy
- Sewer: Shared Septic
- Water: Shared Well
- Utilities for property: Cable Available, Electricity Connected, Underground Power Lines, Underground Utilities, Wired Internet Available
Community & HOA
Community
- Features: Lake Access, Street Lights, Tennis Court(s)
- Security: Smoke Detector(s)
- Subdivision: Willow Lake
HOA
- Has HOA: Yes
- HOA fee: $726 annually
- HOA name: Robert Ruhe
- HOA phone: 828-500-1281
Location
- Region: Hendersonville
Financial & listing details
- Price per square foot: $261/sqft
- Tax assessed value: $197,000
- Annual tax amount: $1,076
- Date on market: 5/28/2026
- Cumulative days on market: 54 days
- Listing terms: Cash,Conventional,Exchange,FHA,VA Loan
- Electric utility on property: Yes
- Road surface type: Asphalt, Paved
Estimated market value
$263,200
$250,000 - $276,000
$1,506/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/28/2026 | Listed for sale | $275,000+257.1%$261/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4384780 Report a problem | ||
| 6/22/2004 | Sold | $77,000+42.6%$73/sqft |
Source: Agent Provided Report a problem | ||
| 5/14/1996 | Sold | $54,000$51/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,076 | $197,000 |
| 2024 | $1,076 | $197,000 |
| 2023 | $1,076 +50.1% | $197,000 +85.8% |
| 2022 | $717 | $106,000 |
| 2021 | -- | $106,000 |
| 2020 | $717 | $106,000 |
| 2019 | $717 | $106,000 -6.3% |
| 2018 | -- | $113,100 |
| 2017 | $758 | $113,100 |
| 2016 | -- | $113,100 |
| 2015 | -- | $113,100 +24.8% |
| 2014 | -- | $90,600 |
| 2013 | -- | $90,600 |
| 2012 | -- | $90,600 |
| 2011 | -- | $90,600 -7.1% |
| 2010 | -- | $97,500 |
| 2009 | -- | $97,500 |
| 2008 | -- | $97,500 |
| 2007 | -- | $97,500 +25.2% |
| 2006 | -- | $77,900 |
| 2005 | -- | $77,900 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 28739
Getting around
1 / 100
Car-DependentNearby schools
GreatSchools rating
- 7/10Etowah ElementaryGrades: PK-5Distance: 1.8 mi
- 7/10Rugby MiddleGrades: 6-8Distance: 5.3 mi
- 8/10West Henderson HighGrades: 9-12Distance: 5.6 mi
Schools provided by the listing agent
- Elementary: Etowah
- Middle: Rugby
- High: West Henderson
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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