$345,000
3 Bed · 2 Bath · 940 Sq Ft
Income-ready ADU and level yard near Hendersonville — no HOA.
3
Beds
2
Baths
940
Sq Ft
1950
Built
1.06 acres
Lot
None — driveway parking
Garage
This Horse Shoe property melds practical everyday living with immediate income potential. The primary home (940 sq ft, built in 1950) offers three bedrooms and two baths in a straightforward, comfortable layout that’s easy to personalize. The biggest advantage here is a separate, detached accessory dwelling unit of approximately 768 sq ft that features its own bedroom, full bath, laundry area, and an open kitchen/living footprint. The ADU is heated and cooled with a mini-split system and functions independently — ideal for rental income, an extended-stay guest suite, or private living for family while preserving privacy for both households.
Set on a level and usable 1.06-acre lot, the parcel affords space for gardening, RV/boat storage, a workshop, or future expansion subject to county permitting. The property has no HOA, giving you latitude to use the land as your needs dictate. Outside, mature trees provide pleasant separation from neighbors while maintaining open lawn areas that are rare in this part of the county.
Location is a practical draw: you’re minutes from downtown Hendersonville’s dining, shops and services and within a reasonable drive of Asheville Regional Airport and Asheville’s cultural amenities. Outdoor enthusiasts will appreciate quick access to regional trails, parks, and water recreation that define Western North Carolina living.
This listing is priced at $345,000 and represents a strategic entry into the Hendersonville market — especially for buyers seeking rental cashflow or multi-generational arrangements. Important next steps include verifying ADU permitting status, confirming utilities (well/septic vs. public connections), and completing a home inspection. Showings by appointment — reach the listing agent Morgan Merritt for details and to schedule a tour.
Horse Shoe is a semi-rural, residential community south of Hendersonville that mixes small-acreage properties, modest ranches, and wooded lots. Residents enjoy a quieter pace than Asheville with fast access to Hendersonville’s downtown amenities. The area appeals to buyers seeking country feel without long commutes — outdoor recreation, local farms, and small-town services are nearby.
The Hendersonville/Horse Shoe micro-market sits within the larger Asheville MSA, which has seen sustained buyer demand driven by lifestyle and outdoor access. By early 2026, inventory is lean-to-moderate with median sale prices in the broader Henderson County area near the mid-$300k range. Properties that offer separate living units or ADUs continue to command premium interest from investors and multi-generational households. Average days on market have moderated versus pandemic peaks; well-priced, value-add properties (like this one with an existing ADU and a level acre) typically move faster than comparables without an ADU. For buyers, this is an opportunity to secure immediate rent potential and preserve upside through modest improvements.
Etowah Elementary School
Elementary · 3-6 mi
Apple Valley Middle School (or local equivalent)
Middle · 6-8 mi
North Henderson High School
High · 8-10 mi
Strong access to regional trails, Pisgah Forest recreation, rivers and public parks — great for outdoor lifestyles and weekend exploration.
Buyers can acquire a modest-priced single-family property with an immediately usable accessory dwelling unit on over an acre — enabling rental income, housing for family, or value-add through modest upgrades and marketing as a two-unit income property.
Buyers should conduct independent due diligence before making any purchase decisions.
Low
$325K
Midpoint
$345K
High
$365K
$201.73/SF estimated price per square foot
Estimate anchored to the listing price ($345,000) and Redfin AVM (~$344k). Low/high range reflects condition, ADU income potential, and local market variability. Price per SF uses combined living area (main house + ADU ~1,708 SF). If buyer values only the 940 SF main house (as original listing PPSF), price-per-SF would be higher (~$367/FSF). This estimate is not a formal appraisal.
As of 2026-03-11
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Steady in-migration to the Asheville-Hendersonville area continues; demand for small-lot country homes and ADU-equipped properties remains above historic norms (moderate confidence).
Convenient to downtown Hendersonville's dining and shops, grocery and services along Spartanburg Hwy and NC-280. Outdoor recreation within short drives: Blue Ridge parks, Pisgah National Forest trails, and multiple river access points.
Market data is based on aggregated public records and may not reflect real-time conditions.
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