Hendersonville · Hendersonville, NC
28 Cathys Cove Road
Hendersonville, NC · 1,080 sqft
$400,000
Reduced from $425,000
- 3Beds
- 2Baths
- 1,080SqFt
- 1948Year
- 20Days on market
About this home
Idyllic 1.97-Acre Mini-Farm Retreat with Income-Producing ADU – Just Minutes to Downtown! Welcome to your own slice of country paradise! Nestled under the strength and shade of mature white oaks, this rare 1.97-acre property offers the perfect blend of rural living, hobby farming potential, and unbeatable convenience. The charming main residence features a cozy 2-bedroom, 1-bathroom layout with a versatile bonus room—perfect for a home office, creative studio, or playroom. Step outside to your expansive, partially covered deck, where you can sip your morning coffee or entertain guests year-round while taking in the serene views of your property. Just beyond, the outdoor entertaining options continue with a fantastic above-ground pool, complete with its own dedicated, covered pool deck—the ultimate spot to cool off, relax, and host summer barbecues. The front yard is fenced for your household pets, while the rear of the property boasts a fenced pasture and a small stable, ready for goats, sheep, or a pony. Green thumbs will fall in love with the thoughtfully placed garden beds and carefully tended vegetable/herb garden. And nature lovers will be captivated by the tranquil stream that babbles right along the edge of the property line. Additionally, two large sheds offer fantastic space for all your tools, landscaping/farming equipment, and extra storage needs. Looking for a smart investment? This property includes a separate 1-bedroom Accessory Dwelling Unit (ADU) currently generating income with a month-to-month tenant. It’s perfect for offsetting your mortgage, hosting extended family, or utilizing as a private guest house. Experience the best of both worlds. You’ll feel a million miles away from the hustle and bustle, yet you are just a quick 10-minute drive to the nearest grocery store and only 14 minutes to downtown dining, shopping, and entertainment. Properties with this much acreage, infrastructure, and income potential so close to town rarely hit the market. Don’t miss your chance to own this versatile and beautiful homestead! - Do not pull onto Cathys Cove Road without a scheduled showing. The property is occupied.
Property details
- Beds
- 3
- Baths
- 2
- SqFt
- 1,080
- Lot
- —
- Year built
- 1948
- Type
- Single Family
- Days on market
- 20
- Style
- Bungalow
- Heating
- Central, Electric
- Cooling
- Central Air, Electric
- Foundation
- Crawl Space
Features
- Fence
- Hot Tub
- Livestock Run In
- Other - See Remarks
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$2,943/ month
- Principal & interest
- $2,477
- Property tax (~1.05%)
- $350
- Homeowners insurance
- $116
- HOA dues
- —
Down payment
$20,000 down · $380,000 financed
Income to qualify (28% rule)
~$126,171 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.