For Sale $4,800,000
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.
| 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 |
| Elementary: | Bruce Drysdale |
| Middle: | Hendersonville |
| High: | Hendersonville |
| Date | Event | Price | $/SQFT |
| 11-01-2025 | Listed | $4,800,000 | N/A |
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.
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 |
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)
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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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.
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.
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