5881 US 23 Highway, Mars Hill NC

  • 2 Bed
  • 1 Bath
  • 1040 ft2
  • 2.0 ac

For Sale $450,000

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Remarks:

Welcome to this creekfront cabin with built-in income potential. Originally built in the 1930s, the main cabin was extensively remodeled down to the studs in 2021 with new walls, ceilings, roof, electrical, appliances, and more. The main home offers a comfortable floor plan, generous outdoor living space, a covered front porch, covered back porch, and creekside patio. Main home previously rented for $1,900/month. Property also includes a 1-bedroom/1-bath additional dwelling unit currently rented for $900/month, featuring washer and dryer hookups, plus a mobile home lot rented for $400/month. Mobile home is tenant-owned and does not convey. Each unit has separate utilities and septic; septic systems were last pumped in 2025. Conveniently located with easy access to I-26, downtown Mars Hill, Hatley Pointe, Tennessee, Weaverville, and Asheville. No known Helene damage. Parcel is partially located in a flood zone.

Exterior Features:

Other - See Remarks

Interior Features:

Kitchen Island

General Information:

List Price: $450,000
Status: For Sale
Bedrooms: 2
Type: Single Family Residence
Approx Sq. Ft.: 1040 sqft
Parking: Driveway, RV Access/Parking
MLS Number: CAR4374196
Subdivision: None
Style: Cabin, Rustic
Bathrooms: 1
Lot Description: Creek Front, Level, Creek/Stream, Views
Year Built: 1930
Sewer Type: Septic Installed, Other - See Remarks

Assigned Schools:

Elementary: Mars Hill
Middle: Madison
High: Madison

Price & Sales History

Date Event Price $/SQFT
05-19-2026 Listed $450,000 $433
11-24-2025 Price Decrease $599,900-4.02% $577
08-05-2025 Price Decrease $625,000-3.83% $601
06-28-2025 Listed $649,900 $625

Nearby Schools

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

School Name Distance Grades Rating
Mars Hill Elementary School 3 miles KG-05 8
Bald Creek Elementary 6 miles KG-05 10

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
5881 US 23 Highway, Mars Hill NC 0 mi $450,000 days
6090 US 23 Highway, Mars Hill NC 0.2 mi $525,000 days
1036 Forces Of Nature Trail, Mars Hill NC 0.5 mi $2,600,000 days
205 Sleepy Hollow Drive, Mars Hill NC 0.8 mi $260,000 days
4755 US 23 Highway, Mars Hill NC 1 mi $355,000 days
1 to 5 of 5 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 28754

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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 Howard Hanna Beverly-Hanks Asheville-Downtown

    5881 US 23 Highway, Mars Hill NC is a 1040 ft2 on a 2.000 acres lot. This is for $450,000. This has 2 bedrooms, 1 baths, and was built in 1930.

    Based on information submitted to the MLS GRID as of 2026-05-19 11:01:52 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.