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For sale by owner
  • Price cut: $24.9K (10/16)
    $625,000

    540 Duncan Creek Rd, Fletcher, NC 28732

    4beds
    2,819sqft
    : 
    MultiFamily
    Built in 1964
    -- sqft lot
    $-- Zestimate®
    $222/sqft
    $-- HOA

    What's special

    Gas-log fireplaceSpring-fed pondMountain viewsFreshly painted deckSpacious bedroomsExpansive deckOpen floor plan
    MULTI-UNIT MICRO-FARM w/ FENCED PASTURES FOR HORSES & LIVESTOCK — spectacularly scenic, conveniently-located & income-producing! TWO-UNIT MOUNTAIN HOUSE nestled on 5.1 ACRES of MOSTLY CLEARED HILLSIDE w/ fenced pastureland & a spring-fed pond – just 15 min from the airport & 20 min from both Asheville & Hendersonville. FLEXIBLE R2R ZONING offers a world of opportunities. NO DEED RESTRICTIONS — RESIDE, RENT, EXPAND AS YOU PLEASE! Featuring TWO SEPARATE UNITS, the property is a NATURE-LOVING INVESTOR’S DREAM or an IDEAL MULTI-GENERATIONAL RESIDENCE. The property boasts a SUCCESSFUL RENTAL HISTORY and can be sold TURNKEY. Unit A — a two-story, 1625 sqft 2-bedroom, 1.5-bathroom residence. Double doors off the parking pad welcome you into the inviting & functional entryway. Warm wood floors and a bounty of natural light draw you into the OPEN FLOOR PLAN centered around the breathtaking views through the French doors leading to the freshly painted deck. In the warmer months, you or your guests will relish lounging on the deck soaking in the tranquility of the scenery while sipping your morning coffee or enjoying an evening nightcap. In the cooler months, you’ll trade your deckchair for an armchair by the gas-log fireplace in the living room. The kitchen offers ample cabinet and counter space, complemented by stainless steel appliances. The first floor also features a half bath and a utility room with a stackable washer/dryer (2023). Upstairs there are two spacious bedrooms, a giant bathroom with walk-in shower, garden tub & dual vanities, along with an oversized walk-in storage/linen closet. Unit B — a single story, 1194 sqft 2-bedroom, 2-bathroom recently remodeled dwelling to maximize space — including the addition of a full bedroom and bathroom. The split-bedroom floor plan features dual suites on opposite sides of the main living area. Akin to Unit A, Unit B’s layout centers around a spacious living room and dining area with French doors leading to the expansive deck, with nearly every room offering stunning mountain views. The wood-burning stove at the heart of the living room accentuates the cozy mountain cabin vibe. In addition to the vastly improved floor plan from the 2023 remodel, Unit B boasts a nearly-new full-size stackable washer/dryer and refrigerator. OVER $100K IN PROPERTY IMPROVEMENTS SINCE 2022 — addition of full bedroom & bathroom, partial roof replacement, gutter installation, structural enhancements, full crawlspace encapsulation, new well pump & pressure tank, new 3-rail split rail fence, road & driveway resurfacing & more. This property offers both an unparalleled investment opportunity and a chance to claim your own slice of heaven in the Appalachian Mountains! Come see for yourself — schedule your private showing today! ***Sellers welcome the opportunity to cooperate with Buyer Brokers and their clients.***
    What the owner loves about this home
    The unmatched peace and serenity of mountain living, coupled with the proximity to countless amenities -- both natural and man-made. The property is 15-20 minutes from everything you could need or want and then some. The location is ideally situated nearly equidistant from both Historic Downtown Hendersonville and Downtown Asheville, and equally close to the airport. There are a plethora of options for shopping, dining, entertainment, schools, healthcare, and active outdoor living within 15-20 minutes in any direction. But once you drive through the gates and meander up the lengthy (but recently resurfaced & graded) driveway, you'd have no idea the hustle and bustle of civilization is just minutes away. Your future micro-farm is truly a mini slice of heaven on a hill -- it's the best of all worlds.
    157 days
    |
    643
    |
    44
    |
    Listed by:

    Property Owner (352) 427-5804

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Baseboard, Other, Stove, Electric, Propane / Butane, Wood / Pellet
    Cooling
    • Wall
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Hardwood, Laminate
    • Basement: None
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,819 sqft

    Property

    Parking
    • Parking features: Off-street
    Features
    • Exterior features: Vinyl, Wood, Cement / Concrete
    • Has view: Yes
    • View description: Mountain
    Lot
    • Size: 5 Acres

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Shake / Shingle
    Condition
    • New construction: No
    • Year built: 1964

    Community & HOA

    Location
    • Region: Fletcher

    Financial & listing details

    • Price per square foot: $222/sqft
    • Date on market: 7/23/2025
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    $1,990/mo

    Price history

    Price history
    DateEventPrice
    10/16/2025Price change$625,000-3.8%$222/sqft
    Source: Owner Report a problem
    7/23/2025Listed for sale$649,900$231/sqft
    Source: Owner Report a problem

    Public tax history

    Public tax history
    Tax history is unavailable.

    BuyAbility℠ payment

    Est. payment
    $3,404/mo
    Principal & interest
    $2935
    Property taxes
    $250
    Home insurance
    $219

      Climate risks

      Neighborhood: 28732

      Nearby schools

      GreatSchools rating

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