14 Cornerstone Way, Hendersonville NC

  • 40 Bed
  • 4.6 ac

For Sale $4,800,000

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Remarks:

Rare investment opportunity in Hendersonville—this exceptional duplex community offers 20 total units across 10 well-built duplexes, plus an additional lot with infrastructure in place for an 11th duplex, providing the potential for future expansion. Each duplex sits on its own parcel number, offering flexibility for investors seeking long-term hold potential, resale opportunities, or condominium-style separation. Situated on approximately 4.59 acres, the property showcases thoughtful design, solid construction, and long-term care by the original owner/developer. Each residence features 2 bedrooms, 2 bathrooms, and a single-car garage, combining comfort, functionality, and privacy in a quiet neighborhood setting. The homes offer open-concept floor plans, spacious kitchens, primary suites, and inviting outdoor areas, appealing to both long-term tenants and those seeking low-maintenance living. Beautiful green spaces weave throughout the property, creating a park-like atmosphere that enhances tenant satisfaction and retention. The community is fully served by city water and city sewer and enjoys convenient proximity to shopping, dining, medical facilities, and downtown Hendersonville. With consistent occupancy, strong rental history, and evident pride of ownership, this property represents a turnkey investment with exceptional stability and future growth potential. Opportunities like this—featuring 20 income-producing units, garage parking for every residence, an additional duplex lot, and nearly five acres of landscaped grounds—are exceedingly rare in the Western North Carolina market. Whether you’re an experienced investor seeking a well-diversified asset or a developer looking for expansion and resale flexibility, this meticulously maintained duplex community offers enduring value in a prime Hendersonville location.

General Information:

List Price: $4,800,000
Status: For Sale
Bedrooms: 40
Type: Apartment
Parking: Driveway, Attached Garage
MLS Number: CAR4306629
Subdivision: Corner Stone
Year Built: 2009
Sewer Type: Public Sewer

Assigned Schools:

Elementary: Bruce Drysdale
Middle: Hendersonville
High: Hendersonville

Price & Sales History

Date Event Price $/SQFT
11-01-2025 Listed $4,800,000 N/A

Nearby Schools

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

School Name Distance Grades Rating
Hendersonville Elementary 1 miles KG-05 9
Bruce Drysdale Elementary 2 miles KG-05 3
The Mountain Community Sch 3 miles KG-06 5
Clear Creek Elementary 3 miles KG-05 9
Atkinson Elementary 4 miles KG-05 9
Sugarloaf Elementary 4 miles KG-05 5

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
14 Cornerstone Way, Hendersonville NC 0 mi $4,800,000 days
318 Stoney Mountain Road, Hendersonville NC 0.1 mi $369,000 days
45 Indian River Road, Hendersonville NC 0.1 mi $2,300,000 days
201 Merriman Road, Hendersonville NC 0.2 mi $300,000 days
213 Stoney Mountain Road, Hendersonville NC 0.2 mi $315,000 days
422 Comet Drive, Hendersonville NC 0.2 mi $395,000 days
1 to 6 of 109 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

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    Total Monthly Payment $20,941

    Demographic Data For Zip 28791

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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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    Property Listing Information

    A Courtesy Listing Provided By George Real Estate Group Inc

    14 Cornerstone Way, Hendersonville NC is a ft2 on a 4.590 acres Appraisal lot. This is for $4,800,000. This has 40 bedrooms, baths, and was built in 2009.

    Based on information submitted to the MLS GRID as of 2025-11-01 10:26:55 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.