40 Country Bear Lane, Flat Rock, NC. property listing photo
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$599,000

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40 Country Bear Ln, Flat Rock, NC 28731

Flat Rock, NC 28731

4

bedrooms

0

baths

3,085

sq.ft.

$194

price per sf

Property TypeResidential Income
Year Built1987
Carnarri Cofield

Presented By

Carnarri Cofield

REALTOR®

About This Property

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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About the Neighborhood

Looking for the perfect Residential Income in Flat Rock? The 28731 zip code offers a unique blend of local amenities, convenient transit, and community charm, making it a fantastic area to call home. Reach out to learn more about the local real estate market in this specific neighborhood.

Property Features

Property Description

  • Beds Total: 4
  • Year Built: 1987
  • Living Area: 3,085 sqft
  • New Construction: No
  • MLS #: 4332648

Association

  • HOA Required: No

Utilities

  • Cable Available
  • Electricity Connected
  • Propane

Interior Features

  • Heating: Central, Propane
  • Cooling: Ceiling Fan(s), Central Air, Electric, Other - See Remarks
  • In Garage
  • Laundry Room

Appliances

  • Dishwasher
  • Electric Range
  • Electric Water Heater
  • Exhaust Fan
  • Microwave
  • Refrigerator
  • Refrigerator with Ice Maker
  • Washer/Dryer

Construction Materials

  • Stone
  • Vinyl
  • Foundation: Crawl Space, Slab

Cooling

  • Ceiling Fan(s)
  • Central Air
  • Electric
  • Other - See Remarks

Foundation Details

  • Crawl Space
  • Slab

Heating

  • Central
  • Propane

Laundry Features

  • In Garage
  • Laundry Room

Parking Features

  • Driveway
  • Attached Garage
  • Garage Faces Front
  • Tandem
  • Other - See Remarks
  • Garage Spaces: 6

Exterior Features

  • Patio/Porch: Deck, Patio, Rear Porch
  • Pool: Fenced, Heated, In Ground

Pets Allowed

  • Yes

Road

  • Road Responsibility: Private Maintained RoadOther - See Remarks
  • Road Surface Type: Asphalt, Gravel, Paved

Sewer

  • Septic Installed

WaterSource

  • Well

Flooring

  • Carpet
  • Tile
  • Vinyl

Window Features

  • Window Treatments

Fireplace

  • Family Room
  • Gas
  • Propane

Location

LISTING COURTESY OF: EXP REALTY LLC

MaryHelen@MHL-Advisors.com

MLS GRID

Listings courtesy of Canopy MLS as distributed by MLS GRID

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Citadel Cofield, its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP Realty LLC

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Carnarri Cofield

$599,000

40 Country Bear Lane

4 bed, 0 bath