115 Old Mill Road, Flat Rock NC

  • 5 Bed

For Sale $679,000

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Remarks:

Excellent investment opportunity in the Village of Flat Rock . This three-unit property features a strong rental history with consistent occupancy and income. Can be short term or long term occupancy. The upper unit offers 3 bedrooms and 2 baths, while the two lower units are each 1 bedroom, 1 bath—providing a desirable mix for tenant flexibility and income stability. Property amenities feature outdoor swimming pool, tennis, beach and fire pit area, fishing and canoeing lake all on 8 acre picturesque compound. Conveniently located near Hendersonville shopping, dining, and local amenities. Ideal for investors seeking a proven income-producing property.

Exterior Features:

Fire Pit, Lawn Maintenance, Tennis Court(s)

General Information:

List Price: $679,000
Status: For Sale
Bedrooms: 5
Type: Triplex
Parking: On Street
MLS Number: CAR4375477
Lot Description: Rolling Slope
Year Built: 1960
Sewer Type: Public Sewer

Assigned Schools:

Elementary: Unspecified
Middle: Unspecified
High: Unspecified

Price & Sales History

Date Event Price $/SQFT
05-16-2026 Listed $679,000 N/A
01-30-2026 Price Decrease $270,000-3.54% N/A
12-30-2025 Price Decrease $279,900-0.04% N/A
12-11-2025 Price Decrease $280,000-2.06% N/A
12-04-2025 Price Decrease $285,900-1.41% N/A
11-24-2025 Price Decrease $290,000-3.30% N/A
11-13-2025 Price Decrease $299,900-3.23% N/A
10-09-2025 Price Decrease $309,900-0.35% N/A
08-20-2025 Price Decrease $311,000-2.66% N/A
06-22-2025 Listed $319,500 N/A

Nearby Schools

These schools are only nearby your property search, you must confirm exact assigned schools.

School Name Distance Grades Rating
Hillandale Elementary 0 miles KG-05 7
Upward Elementary 3 miles KG-05 6
The Mountain Community Sch 3 miles KG-06 5
Atkinson Elementary 3 miles KG-05 9
Bruce Drysdale Elementary 4 miles KG-05 3
Hendersonville Elementary 4 miles KG-05 9

Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.

Properties For Sale Nearby

Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.

Street Address Distance Status List Price Days on Market
115 Old Mill Road, Flat Rock NC 0 mi $679,000 days
140 Old Mill Road, Flat Rock NC 0 mi $190,000 days
130 Old Mill Road, Flat Rock NC 0 mi $189,900 days
161 Linda Ann Drive, Flat Rock NC 0.3 mi $1,300,000 days
2688 Greenville Highway, Flat Rock NC 0.4 mi $660,000 days
2606 Greenville Highway, Flat Rock NC 0.6 mi $595,000 days
1 to 6 of 42 Result

Sold Properties Nearby

Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.

Street Address Distance Property Type Sold Price Property Details

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  • Down Payment Amount $990,000
    Mortgage Amount $3,960,000
    Monthly Payment (Principal & Interest Only) $19,480

    * Expand Calculator (incl. monthly expenses)

    Property Taxes
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    H.O.A. / Maintenance
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    Property Insurance
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    Total Monthly Payment $20,941

    Demographic Data For Zip 28731

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    Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.

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    Comments Section

    Property Listing Information

    A Courtesy Listing Provided By Keller Williams Mtn Partners, LLC

    115 Old Mill Road, Flat Rock NC is a ft2 . This is for $679,000. This has 5 bedrooms, baths, and was built in 1960.

    Based on information submitted to the MLS GRID as of 2026-05-16 10:20:25 EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Properties displayed may be listed or sold by various participants in the MLS. Click here for more information

    Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.