140 Old Mill Road, Flat Rock NC
- 1 Bed
- 1 Bath
- 396 ft2
For Sale $190,000
Remarks:
Welcome to a rare find in the heart of historic Flat Rock — a freestanding studio condo with lake views, nestled within Mill House Lodge. This small mountain community is centered around the historic Millhouse, complete with a waterfall and stream. Step out from your private entrance and patio to enjoy the private lake, paddle sports, a fire pit, an outdoor pool, tennis courts, and a lakeside deck. Inside, you'll find charming stone walls, custom drapery, and low-maintenance flooring. All utilities including electric, water, sewer, cable, wifi, and trash pickup are covered by the monthly HOA, with shared laundry on-site. Short-term rentals are permitted and have a strong track record here, making this an appealing option whether you're seeking a full-time residence or an income-producing investment. Seller is open to including furnishings with an acceptable offer. Seller loves this community so much that she has purchased other units in this complex and so wants to consolidate. Located just 10 minutes from downtown Hendersonville and moments from the Carl Sandburg Home and Flat Rock Playhouse. Come visit Rhodes Cottage today!
Exterior Features:
Dock - Floating
General Information:
| List Price: | $190,000 |
| Status: | For Sale |
| Bedrooms: | 1 |
| Type: | Condominium |
| Approx Sq. Ft.: | 396 sqft |
| Parking: | Parking Lot, Parking Space(s) |
| MLS Number: | CAR4373085 |
| Subdivision: | Mill House Lodge |
| Bathrooms: | 1 |
| Lot Description: | Green Area, Pond(s), Waterfall, Waterfront |
| Year Built: | 1960 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Hillandale |
| Middle: | Flat Rock |
| High: | East Henderson |
Price & Sales History
| Date | Event | Price | $/SQFT |
| 05-30-2026 | Listed | $190,000 | $480 |
| 09-09-2025 | Price Decrease | $729,999-2.67% | $1,844 |
| 07-16-2025 | Listed | $749,999 | $1,894 |
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 |
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 |
Commute Distance & Time
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Mortgage Calculator
| 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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Transportation to Work |
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.
Property Listing Information
A Courtesy Listing Provided By George Real Estate Group Inc
140 Old Mill Road, Flat Rock NC is a 396 ft2 . This is for $190,000. This has 1 bedrooms, 1 baths, and was built in 1960.
Based on information submitted to the MLS GRID as of 2026-05-30 09:40:39 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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