Welcome to **Shady Grove Cottage at Chestnut Hills**, a charming mountain retreat, c. 1922, in beautiful Gerton, NC. Tucked just over the mountain from Asheville and minutes from the picturesque villages of Chimney Rock and Lake Lure, this lovingly cared-for cottage offers a wonderful blend of history, character, and mountain charm.
Shady Grove is believed to be the first cottage in the Chestnut Hills neighborhood. Many of the homes throughout Chestnut Hills carry a rich history, adding to the unique sense of place found here. Tax records have this home as 1940, but the local lore is the home is most likely from the 1920's.
The cottage offers 813 square feet of main-level living, plus a unique sleeping loft with ladder access—perfect for adventurous guests and overflow sleeping space. Outdoor enthusiasts will appreciate direct access to nearby adventure, including hiking to Bearwallow Mountain and on to Strawberry Gap right from your door, plus a short drive to multiple trailheads featuring waterfalls, mountain streams, and sweeping 360-degree mountain views on Bearwallow Mtn.
Everyday living here feels like a getaway. Enjoy morning coffee from the covered front porch while taking in beautiful lake views & close range mountain views, cozy winter mornings beside the old stone fireplace, or relaxing evenings on the screened back porch overlooking the fish pond and mature landscaping. In the early evening, settle onto the front porch and listen as church bells echo through the valley at 6 p.m.—a wonderfully peaceful way to end the day.
Inside and out, Shady Grove is filled with thoughtful details and timeless character, including soapstone countertops, a farmhouse sink, walk-in tiled shower, vaulted ceilings with bead board walls, and corner windows that capture expansive lake and nature views. Outside, vintage boxwoods frame the front yard, while original stone walls, steps, and patios complete the vintage aesthetic. A sweet back yard with a fire pit creates inviting spaces for gathering and enjoying the mountain setting.
**What this cottage may lack in square footage, it more than makes up for in charm, character, history, and setting.** Whether you're searching for a full-time residence, a second home, or an investment opportunity, Shady Grove is a special mountain escape you won't want to miss.
Studio/office was originally the 2nd bedroom, but seller moved that to the loft to have an art studio. Could again become a bedroom.
https://youtu.be/B96q4Nd7gCA
Under contract-show
$360,000
95 Chestnut Hill Loop Rd, Gerton, NC 28735
2beds
813sqft
Single Family Residence
Built in 1922
0.21 Acres Lot
$344,100 Zestimate®
$443/sqft
$63/mo HOA
What's special
Close range mountain viewsCovered front porchBeautiful lake viewsWalk-in tiled showerFarmhouse sinkSoapstone countertopsOld stone fireplace
- 5 days
- 1,005
- 115
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Neely Neu neelyn@uniquecollective.us,
Unique: A Real Estate Collective
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4420243
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Bathroom full
- Level: Main
Breakfast
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Office
- Level: Main
Heating
- Heat Pump
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dual Flush Toilets, Oven, Refrigerator, Washer/Dryer
- Laundry: Laundry Closet, Main Level
Features
- Pantry
- Flooring: Cork, Wood
- Has basement: No
- Fireplace features: Living Room
Interior area
- Total structure area: 813
- Total interior livable area: 813 sqft
- Finished area above ground: 813
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Front Porch, Patio, Porch, Screened
- Has view: Yes
- View description: Mountain(s), Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 0.21 Acres
- Features: Views
Details
- Parcel number: 0604446572
- Zoning: R3
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- Wood
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1922
Utilities & green energy
- Sewer: Septic Installed
- Water: Community Well, Spring
- Utilities for property: Electricity Connected
Green energy
- Water conservation: Dual Flush Toilets
Community & HOA
Community
- Features: Lake Access, Picnic Area
- Subdivision: Chestnut Hills
HOA
- Has HOA: Yes
- HOA fee: $750 annually
- HOA name: Chestnut Hills HOA
- HOA phone: 773-251-0347
Location
- Region: Gerton
Financial & listing details
- Price per square foot: $443/sqft
- Tax assessed value: $222,900
- Annual tax amount: $1,262
- Date on market: 9/11/2026
- Cumulative days on market: 6 days
- Listing terms: Cash,Conventional
- Exclusions: Hanging sculpture at the kitchen ceiling
- Electric utility on property: Yes
- Road surface type: Asphalt, Gravel
Estimated market value
$344,100
$327,000 - $361,000
$1,680/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/11/2026 | Listed for sale | $360,000+159%$443/sqft |
Source: | ||
| 3/11/2016 | Sold | $139,000$171/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,262 | $222,900 |
| 2024 | $1,262 | $222,900 |
| 2023 | $1,262 +30.2% | $222,900 +60.1% |
| 2022 | $969 | $139,200 |
| 2021 | -- | $139,200 |
| 2020 | $969 +1.5% | $139,200 |
| 2019 | $955 | $139,200 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 28735
Nearby schools
Schools provided by the listing agent
- Elementary: Edneyville
- Middle: Apple Valley
- High: North 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.





