Gerton · Gerton, NC
72 Chestnut Hill Road
Gerton, NC · 1,188 sqft
$595,000
- 4Beds
- 2Baths
- 1,188SqFt
- 1921Year
- 5Days on market
About this home
A truly unique opportunity! TWO beautiful, vintage, hand-hewn log homes in a storybook setting with amazing possibilities. Located in the desirable Chestnut Hills subdivision, a 100 year old vacation cottage community just 20 mins from Asheville. Both homes have separate access and parking. The Main Cabin has 2BR/1BA with a full galley kitchen, lovely stone fireplace, rocking chair front porch, walk-out rear deck and hot tub. There is a small bonus room off the main bedroom currently used as a third sleeping area, but would be ideal for an office. The "Sunflower Cabin" has 2BR/1BA with a full kitchen, vaulted ceiling, a gorgeous enclosed sunroom, and walk-out rear deck. Both decks have commanding views over the Chestnut Hills Commons, stream and community garden. Beautiful stonework and hardscaping throughout the property. Dedicated stone lined parking pads and a gorgeous fire pit area. Fully stocked community pond and beautiful common areas. Some of the best hiking trails in the Asheville area are literally steps away, including the Florence Preserve and Bearwallow Mountain/Wild Cat Rock trail systems. Centrally located just 20 mins to Asheville, 30 mins to Hendersonville, 15 mins to Chimney Rock, and 20 minutes to Lake Lure. Two breweries and a grocery store located just 12 mins away in Fairview. The current configuration offers amazing flexibility....either as a turnkey vacation rental, a second home getaway with a guest cottage, or primary residence with in-law suite. Furniture is available with a few exclusions. Installed Spectrum fiber optic high speed internet. Short term vacation rentals are allowed in Chestnut Hills. You'll love this amazing property!
Property details
- Beds
- 4
- Baths
- 2
- SqFt
- 1,188
- Lot
- —
- Year built
- 1921
- Type
- Single Family
- Days on market
- 5
- Style
- Cabin, Cottage
- Heating
- Central, Electric
- Cooling
- Ceiling Fan(s), Central Air
- Foundation
- Crawl Space
- Flooring
- Laminate, Wood
- View
- Year Round
- HOA dues
- $500 / yr
Features
- Hot Tub
- Other - See Remarks
- Fire Pit
- Hot Tub
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance, HOA
$4,420/ month
- Principal & interest
- $3,685
- Property tax (~1.05%)
- $520
- Homeowners insurance
- $173
- HOA dues
- $41
Down payment
$29,750 down · $565,250 financed
Income to qualify (28% rule)
~$189,465 / 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.