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$429,000 -$21,000 (-4.67%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 1 Full Bath
  • Updated 22 hours ago
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Welcome to this creekfront cabin with built-in income potential. Originally built in the 1930s, the main cabin was extensively remodeled down to the studs in 2021 with new walls, ceilings, roof, electrical, appliances, and more. The main home offers a comfortable floor plan, generous outdoor living space, a covered front porch, covered back porch, and creekside patio. Main home previously rented for $1,900/month. Property also includes a 1-bedroom/1-bath additional dwelling unit currently rented for $1,100/month, featuring washer and dryer hookups, plus a mobile home lot rented for $450/month. Mobile home is tenant-owned and does not convey. Each unit has separate utilities and septic; septic systems were last pumped in 2025. Conveniently located with easy access to I-26, downtown Mars Hill, Hatley Pointe, Tennessee, Weaverville, and Asheville. No known Helene damage. Parcel is partially located in a flood zone.

Full Property Details for 5881 US 23 Hwy

General

  • Price: $429,000
  • Status: Active
  • Type: Single Family
  • Source: Charlotte_Regional_Realtor_Association
  • MLS ID: 4374196
  • Updated: 10/12/2026
  • Added to Site: 171 day(s) ago

Interior

  • Interior Features: Kitchen Island
  • Appliances: Dishwasher, Electric Oven, Refrigerator

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main - Full Baths: 1

Bedrooms

  • Total Bedrooms: 2
  • Bedrooms Main & Up: 2

Other Rooms

  • Laundry: In Hall, Main Level

Exterior

  • Exterior Features: Other - See Remarks

Parking

  • Parking Features: Driveway, RV Access/Parking

Location

  • County: Madison
  • Driving Directions: From Asheville, take I-240 W to I-26 W/US-19 N/US-23 N toward Weaverville. Continue on I-26 W for approximately 18 miles, then take Exit 9 toward US-19 N/US-23 ALT N (Burnsville/Spruce Pine/Mount Mitchell State Park). Turn right onto US-19 N/US-23 ALT N, then make a left onto US-23 ALT N. Continue approximately 2.3 miles; property will be on the left at 5881 US-23 ALT.

School Information

  • Elementary School: Mars Hill
  • Middle School: Madison
  • High School: Madison

Heating & Cooling

  • Cooling Type: Ceiling Fan(s), Heat Pump
  • Heating Type: Heat Pump

Utilities

  • Sewer: Septic Installed, Other - See Remarks
  • Water: City

Structural Information

  • Architectural Style: Cabin, Rustic
  • Construction: Site Built
  • Exterior Const.: Log
  • Roof: Metal
  • Main/1st Level: 1,040 Sq. Ft.
  • Year Built: 1930

Lot Features

  • Street/Road Desc.: Asphalt, Concrete, Gravel, Paved
  • Elevation (Approx.): 2000
  • Lot Features: Creek Front, Level, Creek/Stream, Views
  • Fencing (Description): Partial, Wood

Financial Considerations

  • Terms: Cash, Conventional, FHA, USDA Loan

Disclosures and Reports

  • Special Conditions: Subject to Lease
  • Restrictions: Short Term Rental Allowed
  • Property ID: 9758-79-7390
  • Lot Number: 742/746

Listed by Howard Hanna Beverly-Hanks Asheville-Downtown

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Listing agent

— 5881 US 23 Hwy —

  • Howard Hanna Beverly-Hanks Asheville-Downtown

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5881 US 23 Hwy

School District:Madison County Schools
NameGradesDistance
Mars Hill Elementary School
200 School House Lane, Mars Hill, NC 28754
K-53 mi
Madison Middle School
95 Upper Brush Creek Road, Marshall, NC 28753
6-811.2 mi
Madison High School
5740 U.S. 25, Marshall, NC 28753
9-129.4 mi
Madison Early College High School
5734 U.S. 25, Marshall, NC 28753
9-129.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5881 US 23 Hwy Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/12/2026
Price Reduced
$429,000
-4.67%
MLS
4/25/2026
Listed
$450,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5881 US 23 Hwy

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,271
—
$384,560
—
2024
$2,271
100%
$384,560
265%
2022
-100%
$105,461
—
2019
$998
47%
$105,461
30%
2019
$678
37%
$80,970
—
2018
$494
—
$80,970
—
2017
$494
—
$80,970
—
2016
$494
—
$80,970
—
2015
$494
7%
$80,970
—
2013
$462
—
$80,970
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Howard Hanna Beverly-Hanks Asheville-Downtown

5881 US 23 Highway, Mars Hill, NC 28754 (MLS# 4374196) is a Single Family property with 2 bedrooms and 1 full bathroom. 5881 US 23 Highway is currently listed for $429,000 and was received on April 25, 2026. Want to learn more about 5881 US 23 Highway? Do you have questions about finding other Single Family real estate for sale in Mars Hill? You can browse all Mars Hill real estate or contact a Coldwell Banker agent to request more information.

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