# 40 Country Bear Lane, Flat Rock, NC 28731

> **TL;DR:** 4bd/3ba residential multi family, $599,000, built 1987.
> Pool, Fireplace, A/C. Est. $2,596/mo. Listed 143 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $599,000 |
| Bedrooms | 4 |
| Bathrooms | 3 full |
| Year Built | 1987 |
| Lot Size | 47,916 sqft (1.10 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 143 |

## Why This Home Stands Out

- **Pool** - Porch, Patio, Deck

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,596 |
| **Total** | **$2,596** |

## Nearby Schools

- **Elementary:** Upward
- **Middle:** Flat Rock
- **High:** East Henderson

## Key Amenities

- Pool
- Fireplace
- A/C

## Property Highlights

- Built in 1987
- 1.10 acre lot
- Private pool
- Fireplace

## Description

### Agent 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.

## Location

- **Address:** 40 Country Bear Lane, Flat Rock, NC 28731
- **County:** Henderson
- **Coordinates:** 35.2509, -82.404088
- **Google Maps:** https://www.google.com/maps?q=35.2509,-82.404088

## Listing Agent

- **Name:** Mary Helen Letterle
- **Brokerage:** EXP Realty LLC
- **Phone:** 8287823515
- **Email:** maryhelen@mhl-advisors.com

## Primary Photo

![40 Country Bear Lane - Primary Photo](http://lh.rdcpix.com/7583427487d076e187dee26bc9300a53l-f305718904r.jpg)

*46 total photos available on [listing page](https://www.propertysimple.com/listing/40-country-bear-lane-flat-rock-nc-28731-4332648)*

---

**MLS#:** 4332648 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/40-country-bear-lane-flat-rock-nc-28731-4332648)

---

## Structured Data

```json
{
  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "name": "40 Country Bear Lane, Flat Rock, NC 28731",
  "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 al",
  "url": "https://www.propertysimple.com/listing/40-country-bear-lane-flat-rock-nc-28731-4332648",
  "image": "http://lh.rdcpix.com/7583427487d076e187dee26bc9300a53l-f305718904r.jpg",
  "datePosted": "2026-06-18",
  "price": 599000,
  "priceCurrency": "USD",
  "address": {
    "@type": "PostalAddress",
    "streetAddress": "40 Country Bear Lane",
    "addressLocality": "Flat Rock",
    "addressRegion": "NC",
    "postalCode": "28731",
    "addressCountry": "US"
  },
  "geo": {
    "@type": "GeoCoordinates",
    "latitude": 35.2509,
    "longitude": -82.404088
  },
  "numberOfBedrooms": 4,
  "numberOfBathroomsTotal": 3,
  "numberOfFullBathrooms": 3,
  "yearBuilt": 1987
}
```