Discover a rare investment opportunity or a multi-generational sanctuary. Situated on a sprawling 1.68-acre level lot, this unique portfolio property features a stunning, custom-built granite farmhouse that serves as the centerpiece of the estate. Built in 1947, the main residence exudes character and craftsmanship, offering a spacious 3-bedroom, 3-bathroom layout with over 2,300 sq. ft. of living space, featuring an open floorplan, a split-bedroom plan for privacy, and beautiful stone and wood finishes. Additional flex spaces provide even more potential for expanded living and income opportunities.
Complementing the main house is a versatile duplex, providing two additional income-producing units:
Unit 102: A comfortable 1-bedroom, 1-bathroom space (approx. 880 sq. ft.).
Unit 104: A cozy 1-bedroom, 1-bathroom unit (approx. 476 sq. ft.).
The exterior is designed for relaxation and utility, boasting a fire pit for cool Carolina evenings, a covered carport, and ample parking. With city water, established septic, and multiple heating/cooling systems (including ductless mini-splits), the property is well-equipped for modern comfort.
Whether you are looking to live in the granite main house while offsetting your mortgage with rental income, or seeking a turnkey multi-unit portfolio in a prime location, this property offers endless possibilities.
Active
Price cut: $290K (6/27)
$855,000
363 Etowah School Rd, Hendersonville, NC 28739
5beds
2,384sqft
Multi Family
Built in 1947
-- sqft lot
$810,900 Zestimate®
$359/sqft
$-- HOA
What's special
Stunning custom-built granite farmhouseOpen floorplanSplit-bedroom plan for privacyCovered carportAmple parking
- 61 days |
- 467 |
- 26 |
Zillow last checked:
Listing updated:
Listed by:
Caterina Nickerson caterina@lookingglassrealty.com,
Looking Glass Realty
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4377421
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Baseboard, Ductless, Electric, Heat Pump
Cooling
- Ceiling Fan(s), Central Air, Ductless, Electric
Appliances
- Included: Dishwasher, Dryer, Electric Oven, Electric Water Heater, Exhaust Hood, Microwave, Refrigerator, Washer/Dryer
- Laundry: In Unit, Laundry Room, Main Level
Features
- Flooring: Carpet, Laminate, Linoleum, Wood
- Basement: Exterior Entry
Interior area
- Total structure area: 2,384
- Total interior livable area: 2,384 sqft
- Finished area above ground: 2,384
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 7
- Parking features: Attached Carport, Driveway
- Carport spaces: 1
- Uncovered spaces: 6
Features
- Exterior features: Fire Pit, Storage
Lot
- Size: 1.68 Acres
- Features: Cleared, Level
Details
- Additional structures: Outbuilding, Shed(s)
- Parcel number: 9528987111
- Zoning: R1
- Special conditions: Subject to Lease
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stone, Vinyl, Wood
- Foundation: Slab
- Roof: Metal,Other - See Remarks
Condition
- New construction: No
- Year built: 1947
Utilities & green energy
- Sewer: Septic Installed
- Water: City
- Utilities for property: Cable Available, Electricity Connected
Community & HOA
Community
- Subdivision: None
Location
- Region: Hendersonville
- Elevation: 2000 Feet
Financial & listing details
- Price per square foot: $359/sqft
- Tax assessed value: $579,400
- Annual tax amount: $3,164
- Date on market: 5/6/2026
- Cumulative days on market: 62 days
- Listing terms: Cash,Conventional
- Tenant pays: All Except Water, All Utilities
- Electric utility on property: Yes
- Road surface type: Concrete, Paved
Estimated market value
$810,900
$770,000 - $851,000
$1,496/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/27/2026 | Price change | $565,000-33.9%$237/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4398324 Report a problem | ||
| 5/27/2026 | Price change | $855,000-4.5%$359/sqft |
Source: Canopy MLS as distributed by MLS GRID #4377421 Report a problem | ||
| 5/6/2026 | Listed for sale | $895,000+96.7%$375/sqft |
Source: Canopy MLS as distributed by MLS GRID #4377421 Report a problem | ||
| 5/7/2025 | Listing removed | $2,400$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/5/2025 | Price change | $2,400-7.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/16/2025 | Listed for rent | $2,600$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/5/2021 | Sold | $455,000-8.8%$191/sqft |
Source: Canopy MLS as distributed by MLS GRID #3761267 Report a problem | ||
| 10/9/2021 | Contingent | $499,000+25.1%$209/sqft |
Source: Canopy MLS as distributed by MLS GRID #3761267 Report a problem | ||
| 9/6/2021 | Listed for sale | $399,000$167/sqft |
Source: Canopy MLS as distributed by MLS GRID #3761256 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,164 | $579,400 |
| 2024 | $3,164 | $579,400 |
| 2023 | $3,164 +19.3% | $579,400 +47.7% |
| 2022 | $2,652 | $392,300 +29.9% |
| 2021 | -- | $302,100 |
| 2020 | $2,042 | $302,100 |
| 2019 | $2,042 | $302,100 +0.4% |
| 2018 | $2,042 +1.3% | $300,800 |
| 2017 | $2,015 | $300,800 |
| 2016 | -- | $300,800 |
| 2015 | -- | $300,800 +3.6% |
| 2014 | -- | $290,400 +6.2% |
| 2013 | -- | $273,500 |
| 2012 | -- | $273,500 |
| 2011 | -- | $273,500 -12.3% |
| 2009 | -- | $312,000 |
| 2008 | -- | $312,000 |
| 2007 | -- | $312,000 +21.7% |
| 2006 | -- | $256,300 |
| 2005 | -- | $256,300 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 28739
Nearby schools
GreatSchools rating
- 7/10Etowah ElementaryGrades: PK-5Distance: 0.1 mi
- 7/10Rugby MiddleGrades: 6-8Distance: 5.2 mi
- 8/10West Henderson HighGrades: 9-12Distance: 5.5 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.
A local agent can set up tours, give advice and negotiate with sellers.
- North Carolina
- Henderson County
- Hendersonville
- 28739
- 363 Etowah School Rd
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Hendersonville Topics
