Hendersonville · Hendersonville, NC
363 Etowah School Road
Hendersonville, NC · 2,384 sqft
$855,000
Reduced from $895,000
- 5Beds
- 5Baths
- 2,384SqFt
- 1947Year
- 19Days on market
About this home
Discover a rare investment opportunity or a multi-generational sanctuary. Situated on a sprawling 1.22-acre level lot, this unique property features a stunning, custom-built granite farmhouse that serves as the centerpiece of the estate along with a sizeable updated duplex currently income producing. Built in 1947, the main residence exudes character and craftsmanship, offering a spacious 3-bedroom, 3-bathroom layout with over 2,300 sq. ft. of living space, featuring an open floorplan, a split-bedroom plan for privacy, and beautiful stone and wood finishes and timeless accents of character. Additional flex spaces provide even more potential for expanded living and income opportunities.
Complementing the main house, the versatile duplex provides two additional income-producing units:
Unit 102: A comfortable 1-bedroom, 1-bathroom space (approx. 880 sq. ft.).
Unit 104: A cozy 1-bedroom, 1-bathroom unit (approx. 476 sq. ft.).
The exterior is designed for relaxation, boasting a fire pit for cool Carolina evenings, a covered carport, and ample parking. With city water, established septic, and multiple heating/cooling systems (including ductless mini-splits), the property is well-equipped for modern comfort.
Whether you are looking to live in the granite main house while offsetting your mortgage with rental income, or seeking a turnkey multi-unit portfolio in a prime location, this property offers endless possibilities.
Property details
- Beds
- 5
- Baths
- 5
- SqFt
- 2,384
- Lot
- —
- Year built
- 1947
- Type
- Single Family
- Days on market
- 19
- Style
- Farmhouse
- Heating
- Baseboard, Ductless, Electric, Heat Pump
- Cooling
- Ceiling Fan(s), Central Air, Ductless, Electric
- Foundation
- Basement, Slab
- Flooring
- Carpet, Laminate, Linoleum, Vinyl, Wood
Features
- Fire Pit
- Storage
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$6,292/ month
- Principal & interest
- $5,295
- Property tax (~1.05%)
- $748
- Homeowners insurance
- $249
- HOA dues
- —
Down payment
$42,750 down · $812,250 financed
Income to qualify (28% rule)
~$269,690 / 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.