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$599,000
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Property Description
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.
Full Property Details
Full Property Details for 40 Country Bear Ln
General
- Price: $599,000
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4332648
- Updated: 4/20/2026
- Added to Site: 182 day(s) ago
Interior
- Fireplace(s): Family Room, Gas, Propane, Family Room, Gas, Propane
- Appliances: Dishwasher, Electric Range, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Refrigerator with Ice Maker, Washer/Dryer
- Flooring: Carpet, Tile, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: In Garage, Laundry Room
Additional Information
- Equipment: Fuel Tank - Leased
Parking
- Garage: Yes
- Garage Spaces: 6
- Parking Features: Driveway, Attached Garage, Garage Faces Front, Tandem, Other - See Remarks
Location
- County: Henderson
- Driving Directions: From I26 E - take exit 54 for US Hwy 25 S towards Greenville. Take exit 7 for 176 E towards Saluda. Turn left off the exit onto 176 E/US Bus 25. Drive PAST Daffodil Cove (your gps may tell you to turn, but don't), and turn left onto Country Bear Ln. Follow it until you come to 40 Country Bear Ln on the right.
School Information
- Elementary School: Upward
- Middle School: Flat Rock
- High School: East Henderson
Community
- Pets Allowed: Yes
- Pets: Yes
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Central Air, Electric, Other - See Remarks
- Heating Type: Central, Propane
Utilities
- Sewer: Septic Installed
- Water: Well
- Utility Description: Cable Available, Electricity Connected, Propane
Structural Information
- Construction: Site Built
- Exterior Const.: Stone, Vinyl
- Square Feet: 3,085
- Year Built: 1987
Lot Features
- Street/Road Desc.: Asphalt, Gravel, Paved
- Elevation (Approx.): 2000
- Lot Features: Adjoins Forest, Cleared, Views, Wooded
- Rcmdd Zoning: R2R
Financial Considerations
- Tenant Pays: Other
Disclosures and Reports
- Property ID: 9936740
- Lot Number: 616-343
Listed by EXP Realty LLC
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Schools
Schools serving 40 Country Bear Ln
School District:Henderson County Schools
| Name | Grades | Distance |
|---|---|---|
Upward Elementary 45 Education Drive, Flat Rock, NC 28731 | K-5 | 3.1 mi |
Hendersonville Elementary 1039 Randall Circle, Hendersonville, NC 28791 | K-5 | 6.4 mi |
Flat Rock Middle, East Flat Rock, NC 191 Preston Lane, East Flat Rock, NC 28726 | 6-8 | 2 mi |
East Henderson High 150 Eagle Pride Drive, East Flat Rock, NC 28726 | 9-12 | 3.5 mi |
Henderson Co Early College High 300 East Campus Drive, Flat Rock, NC 28731 | 9-12 | 4 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 40 Country Bear Ln
Date
Details
Price
Change
Source
4/20/2026
Price Reduced
$599,000
-10.19%
MLS
4/08/2026
Price Reduced
$667,000
-4.03%
MLS
1/29/2026
Price Reduced
$695,000
-3.2%
MLS
1/09/2026
Listed
$718,000
2760.56%
MLS
8/19/2010
Sold
$25,100
—
Public Record
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
Tax History for 40 Country Bear Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,465
12%
$439,400
38%
2022
$2,198
—
$318,100
—
2021
$2,198
—
$318,100
—
2020
$2,198
—
$318,100
—
2019
$2,198
12%
$318,100
11%
2018
$1,957
—
$285,700
—
2016
$1,957
8%
$285,700
—
2015
$1,810
10%
$285,700
6%
2013
$1,640
—
$269,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 40 Country Bear Ln
40 Country Bear Lane, Flat Rock, NC 28731 (MLS# 4332648) is a Single Family property with 4 bedrooms and 3 full bathrooms. 40 Country Bear Lane is currently listed for $599,000 and was received on January 09, 2026. Want to learn more about 40 Country Bear Lane? Do you have questions about finding other Single Family real estate for sale in Flat Rock? You can browse all Flat Rock real estate or contact a Coldwell Banker agent to request more information.

