For Sale $499,000
Welcome to 565 Neely Road — a rare and remarkable multi-generational home in the heart of Brevard, NC, where comfort, care, and connection come together. This thoughtfully maintained property tells a story that goes far beyond its walls — a true legacy of love. For years, it has been a place where generations have gathered, memories have been made, and every detail has been lovingly cared for. From its inviting living spaces to its well-kept grounds, pride of ownership is evident at every turn. Designed with flexibility in mind, this home is ideal for multi-generational living, offering the space and privacy needed for extended family while still fostering togetherness. In addition to the main residence, the property features separate apartments that present an excellent opportunity for income-producing potential — perfect for long-term tenants, guests, or supplemental rental income. Whether you're envisioning shared meals, quiet mornings, lively celebrations, or a smart investment, this property offers it all. Warm, welcoming, and rich with history, 565 Neely Road is more than just a home — it’s an opportunity to continue a beautiful story while building financial opportunity for the future. Come experience the comfort, character, and enduring charm for yourself. (newer roof and paint) Two apartments with month-to-month tenants (income potential!) Unfinished storage areas below apartments totaling 883 sq. ft. Oversized city lot – potential for additional storage structure (with City approval) Important Notes: Property is a non-conforming, pre-existing use since zoning is residential (not multi-family). Please consult with the City of Brevard regarding any changes, permitting, or redevelopment plans. Heated Living Area (HLA) is based on the home and one apartment: Apt #1: Ceiling height 6’9”–6’10” (346 sq. ft. not included in HLA). Apt #2: 175 sq. ft. not included in HLA. Showings: House and apartments available by appointment. 48-hour notice required to show apartments. This property is perfect for investors, multi-generational living, or those seeking rental income in the heart of Brevard. Cash Only! Also listed in Multi Family # 3937381
| List Price: | $499,000 |
| Status: | For Sale |
| Bedrooms: | 5 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1143 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4074647 |
| Subdivision: | None |
| Style: | Other |
| Bathrooms: | 3 |
| Lot Description: | Cleared, Level, Open Lot, Paved |
| Year Built: | 1946 |
| Sewer Type: | Public Sewer |
| Elementary: | Brevard |
| Middle: | Brevard |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 07-02-2026 | Price Decrease | $499,000-5.85% | $437 |
| 04-30-2026 | Listed | $530,000 | $464 |
| 03-30-2026 | Listed | $339,900 | $298 |
| 11-12-2025 | Price Decrease | $949,000-5.01% | $831 |
| 10-15-2025 | Price Decrease | $999,000-5.75% | $875 |
| 08-13-2025 | Price Decrease | $1,060,000-1.85% | $928 |
| 07-11-2025 | Relisted | $1,080,000-0.92% | $945 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Pisgah Forest Elementary | 2 miles | KG-05 | 8 |
| Brevard Academy: A Challenge Foundation Academy | 3 miles | KG-06 | 9 |
| Rosman Elementary | 9 miles | KG-05 | 8 |
| Etowah Elementary | 9 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.
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 |
| 565 Neely Road, Brevard NC | 0 mi | $499,000 | days | |
| 128 Summit Avenue, Brevard NC | 0.1 mi | $274,900 | days | |
| 196 Broadview Circle, Brevard NC | 0.1 mi | $643,500 | days | |
| 34 Sunset Drive, Brevard NC | 0.1 mi | $369,000 | days | |
| 719 Neely Road, Brevard NC | 0.1 mi | $899,000 | days | |
| 32 Bungalow Way, Brevard NC | 0.2 mi | $569,000 | 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 |
Powered by Google Maps
| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
| Property Taxes |
$
|
| H.O.A. / Maintenance |
$
|
| Property Insurance |
$
|
| Total Monthly Payment | $20,941 |
|
Occupancy Types |
|
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.
A Courtesy Listing Provided By Simpson Properties of NC
565 Neely Road, Brevard NC is a 1143 ft2 on a 0.890 acres lot. This is for $499,000. This has 5 bedrooms, 3 baths, and was built in 1946.
Based on information submitted to the MLS GRID as of 2026-04-30 11:15:23 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.