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Listed price in listed location currency (USD).
$4,800,000

40400
  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 25160 sqft
Garage Yes
HOA Fees 
Taxes 
Days Active 11
Approx. Age 2009
Avg. Price Per Sqft $190
MLS® Number 4306629

Property Address: 14 Cornerstone Way, Hendersonville, NC, 28791-2392

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number4306629
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelIn Unit
Exposure
Exterior
GarageYes
Approx. Age2009
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 14, 2025List Date
$4,800,000List Price
  • Commute

Commute

Starting Address
Destination Address
14 Cornerstone Way, Hendersonville, NC

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