40 Country Bear Lane, Flat Rock NC

  • 3 Bed
  • 3 Bath
  • 1443 ft2
  • 1.1 ac

For Sale $718,000

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Remarks:

Rare opportunity to own a truly flexible two-unit property offering multi-generational living and income potential in a private setting just minutes from shopping, dining, and local attractions. Set on 1.1 acres with wooded and mountain views, this home borders the Green River Game Lands, offering direct access to hiking trails, rivers, hunting, and frequent wildlife sightings including deer and wild turkeys. This unique home features TWO FULLY SEPARATE living units, ideal for an in-law suite, caregiver quarters, space for an adult child, or a ‘house hack’ opportunity —live in one home and rent the other. Unit 1 offers 2 bedrooms (primary on main with en-suite bathroom), a BONUS ROOM/OFFICE/FLEX SPACE with en-suite bathroom, 2 SUNROOMS with backyard access, a gas fireplace, abundant natural light, generous storage, and a remodeled kitchen with granite countertops and updated tiled backsplash. Unit 2 provides a spacious one bedroom, 1 bathroom duplex-style suite with full kitchen, living/dining area, oversized walk-in closet, and a large utility/storage room. What distinctly sets this property apart is the exceptional GARAGE and WORKSHOP potential: a 2-car garage plus a 4-car tandem lower level garage with oversized doors—ideal for outdoor enthusiasts, contractors, hobbyists, equipment storage, or a home-based business. A large pool with a 9’ diving end adds outdoor bonus space for warm-weather entertaining. Newer HVAC systems (2019 and 2025). A rare combination of flexibility, privacy, and functional space—schedule your private tour today to explore the layout, garage capacity, and possibilities in person. Please note - pool cover is virtually placed and this property is cross-listed under MLS #4332498.

Exterior Features:

Other - See Remarks

Interior Features:

Attic Stairs Pulldown, Built-in Features, Hot Tub, Pantry, Split Bedroom, Storage, Walk-In Closet(s), Other - See Remarks

General Information:

List Price: $718,000
Status: For Sale
Bedrooms: 3
Type: Duplex
Approx Sq. Ft.: 1443 sqft
Parking: Driveway, Attached Garage, Garage Faces Front, Tandem, Other - See Remarks
MLS Number: CAR4332648
Subdivision: None
Bathrooms: 3
Lot Description: Adjoins Forest, Cleared, Views, Wooded
Year Built: 1987
Sewer Type: Septic Installed

Assigned Schools:

Elementary: Upward
Middle: Flat Rock
High: East Henderson

Price & Sales History

Date Event Price $/SQFT
01-12-2026 Listed $718,000 $498

Nearby Schools

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

School Name Distance Grades Rating
Hillandale Elementary 2 miles KG-05 7
Upward Elementary 3 miles KG-05 6
The Mountain Community Sch 5 miles KG-06 5
Atkinson Elementary 6 miles KG-05 9
Bruce Drysdale Elementary 6 miles KG-05 3
Sugarloaf Elementary 6 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
40 Country Bear Lane, Flat Rock NC 0 mi $718,000 days
30 Providence Drive, Flat Rock NC 0.3 mi $275,000 days
10b Lakemont Cottage Trail, Flat Rock NC 0.4 mi $219,900 days
10 Lakemont Cottage Trail, Flat Rock NC 0.4 mi $489,800 days
10a Lakemont Cottage Trail, Flat Rock NC 0.4 mi $269,900 days
100 Greenbriar Avenue, Flat Rock NC 0.4 mi $430,000 days
1 to 6 of 22 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 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 EXP Realty LLC

    40 Country Bear Lane, Flat Rock NC is a 1443 ft2 on a 1.100 acres lot. This is for $718,000. This has 3 bedrooms, 3 baths, and was built in 1987.

    Based on information submitted to the MLS GRID as of 2026-01-12 10:21:18 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.