Property listing for 74 Shipman Pkwy, Flat Rock, NC 28731
For SaleSingle Family Home

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74 Shipman Pkwy, Flat Rock, NC 28731

Custom Modern Farmhouse on 0.77-Acre Lot in Berwick Downs

4 Bed · 2.5 Bath · 2,918 Sq Ft

2019-built 4BR/2.5BA farmhouse steps from Kenmure Country Club

4

Beds

2.5

Baths

2,918

Sq Ft

2019

Built

0.77 acres

Lot

2-car attached

Garage

About 74 Shipman Pkwy

What distinguishes this farmhouse is its setting inside Berwick Downs — a gated enclave that puts Kenmure Country Club and Flat Rock’s cultural anchors within easy reach. Sited on a level, landscaped 0.77-acre lot, the home presents a confident combination of fiber cement and stone exterior, a covered front porch and a long, private yard that invites weekend gatherings or quiet evenings by the stone fireplace.

Step through a vaulted-ceiling entry and you feel the house’s modern attention to proportion. The great room centers on a stone hearth and opens toward the chef’s kitchen, appointed with granite countertops and thoughtful workspaces for everyday cooking and entertaining. The main level hosts the primary suite, finished with a spa-like walk-in shower and a layout that reads as a comfortable private wing. Upstairs are three additional bedrooms and a full bath — ideal for family, guests or a home office.

Built in 2019 with low-maintenance materials and contemporary systems (central air, forced air heating), the residence totals 2,918 square feet of living space and includes a two-car attached garage. Utilities include municipal water, private sewer and Piedmont Natural Gas. The result is a modern farmhouse that feels complete and move-in ready without a long to-do list.

Lifestyle here blends privacy with convenience: Kenmure Country Club sits roughly 0.5 miles away; the Flat Rock Playhouse and the Carl Sandburg Home are within a couple of miles, and downtown Hendersonville’s shops and restaurants are a short drive. Buyers should note the community’s annual HOA of $2,222 and recent transaction history — the property was acquired by the current owner in March 2025 for $1,150,000 — which reflect the market for gated, well-appointed homes in Flat Rock.

If you’re seeking a modern farmhouse with generous outdoor space, refined interior details and immediate access to golf and cultural amenities, schedule a private viewing to feel how this property fits into everyday life in Berwick Downs.

Home Highlights

Move-in ready — built 2019Custom farmhouse in gated Berwick DownsChef's kitchen with granite countertopsPrimary suite with spa-like walk-in shower0.77-acre landscaped, level yardStone fireplace and vaulted-ceiling entry2-car attached garageClose to Kenmure Country Club and Flat Rock Playhouse

Property Features

Interior Features

  • 4 bedrooms, 2.5 bathrooms across 2,918 sqft
  • Vaulted-ceiling entry and open great room
  • Stone fireplace anchoring the living area
  • Chef's kitchen with granite countertops
  • Primary suite with spa-like walk-in shower
  • Second-floor bedroom wing with full bath
  • Central air and forced-air heating
  • Built in 2019 — excellent condition

Exterior & Lot

  • 0.77-acre level, landscaped lot
  • Covered front porch
  • Fiber cement and stone exterior
  • 2-car attached garage
  • Frontage on Shipman Parkway
  • Private, level backyard suitable for outdoor living

Location & Neighborhood

  • Gated Berwick Downs community
  • Kenmure Country Club (≈0.5 mi) — golf and social amenities
  • Flat Rock Playhouse (≈1.2 mi) and Carl Sandburg Home (≈1.5 mi)
  • Downtown Hendersonville approximately 3 miles
  • Henderson County Public Schools district
  • HOA: $2,222 annually

Walkability & Recreation

  • Walkability Rating: 40/100 — Car-Dependent (some local paths and community sidewalks)
  • Kenmure Country Club (0.5 miles) for golf and dining
  • Flat Rock Playhouse (1.2 miles) and Carl Sandburg Home (1.5 miles)
  • Downtown Hendersonville (≈3 miles) for shops, restaurants and greenways
  • Nearby cultural attractions and community parks

Neighborhood & Location

Berwick Downs is an intimate, gated neighborhood in Flat Rock prized for privacy and proximity to country-club lifestyle. Residents trade the bustle for quiet streets, mature plantings and easy access to Kenmure Country Club’s golf and social calendar. Cultural destinations — the Flat Rock Playhouse and the Carl Sandburg Home — are minutes away, while downtown Hendersonville provides dining, boutiques and seasonal events. The area attracts retirees and professionals seeking a serene, amenity-rich setting; families should consider nearby school ratings as part of their search.

Market Insights

Flat Rock’s higher-end residential pockets like Berwick Downs are currently favoring sellers, though conditions are stabilizing toward a balanced market. Inventory in the area sits around 3.2 months, and the local median sale price is near $900,000; comparable gated-community homes typically move within an average of 45 days. Year-over-year appreciation is approximately 5%, with a stronger 25% rise over five years — evidence of sustained demand for newer, well-appointed properties. For single-family homes in gated neighborhoods, limited supply and proximity to amenities like Kenmure Country Club support pricing resilience. Buyers should be mindful of HOA costs and school ratings when comparing value; investors evaluating rental potential will note an estimated monthly rent in the $3,000 range but a modest gross yield (~3.1%). In short: motivated sellers still command attention, while measured buyer activity and low inventory make this a good moment to secure a distinctive Berwick Downs property before new listings increase.

Nearby Schools

Hillandale Elementary

Elementary

2/10

Flat Rock Middle

Middle

6/10

East Henderson High

High

5/10

Walkability & Recreation

40
Walkability
80
Recreation

Very good access to recreation: Kenmure Country Club golf and dining (0.5 mi), Flat Rock Playhouse (1.2 mi), Carl Sandburg Home (1.5 mi), and downtown Hendersonville (≈3 mi) for parks and greenways.

Investment Highlights

  • Custom-built farmhouse (2019) in gated Berwick Downs community
  • Proximity to Kenmure Country Club offering golf and social amenities
  • Steady property appreciation in Flat Rock area (25% over 5 years)
  • Landscaped, level 0.77-acre lot with private backyard
  • Modern amenities including chef's kitchen and spa-like primary suite

Key Findings

  • Purchased in March 2025 for $1,150,000 ($394/SF)
  • Current assessed value: $1,009,700 (land: $200K, improvements: $809.7K)
  • Located in Berwick Downs, a gated community with HOA fee of $2,222 annually
  • Nearby attractions: Kenmure Country Club (0.5 mi), Flat Rock Playhouse (1.2 mi)
  • Elementary school rating: 2/10; middle school: 6/10; high school: 5/10

Things to Consider

  • Elementary school ratings are below average (2/10)
  • HOA fee of $2,222 annually may be a consideration for some buyers
  • Limited public transportation options in the area
  • Potential for higher property taxes due to assessed value
  • Market appreciation may slow, affecting future resale value

Opportunity Analysis

Modern farmhouse in gated community with access to premium amenities and steady appreciation potential.

Potential Use Scenarios

  • Ideal for primary residence seeking privacy and community amenities
  • Potential for rental income targeting upscale tenants
  • Long-term investment with appreciation potential in a stable market

Risk Factors

  • Below-average elementary school ratings may affect family buyers
  • HOA fees and community restrictions may not appeal to all buyers
  • Market appreciation rates may fluctuate, impacting future value

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$1100K

Midpoint

$1150K

High

$1200K

$394/SF estimated price per square foot

85% confidence

Sales comparison approach using recent sales within Berwick Downs and surrounding Flat Rock area. Adjusted for lot size, construction year, and amenities. Assessed value aligns with market estimates.

As of 2026-03-06

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$900,000
Avg Days on Market45 days
Inventory3.2 months
1-Year Appreciation+5.0%

Demographics

Population (1 mi)2,500
Median Income (1 mi)$75,000

Flat Rock has experienced steady growth with a focus on upscale residential developments. The area attracts retirees and professionals seeking a serene environment with access to amenities.

Nearby Points of Interest

  • Kenmure Country Club (0.5 mi)
  • Flat Rock Playhouse (1.2 mi)
  • Carl Sandburg Home National Historic Site (1.5 mi)
  • Downtown Hendersonville (3 mi)

Proximity to Kenmure Country Club offers golf and social amenities. Nearby cultural attractions include the Flat Rock Playhouse and Carl Sandburg Home. Downtown Hendersonville provides shopping and dining options.

School District

DistrictHenderson County Public Schools
ElementaryHillandale Elementary (2/10)
MiddleFlat Rock Middle (6/10)
HighEast Henderson High (5/10)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built2019
Constructionfiber cement and stone
Stories2
Roofshingle
Heatingforced air
Coolingcentral air
Basementnone
FireplaceYes
Conditionexcellent

Lot & Site

Lot Size0.77 acres (33,541 SF)
Topographylevel
Parkingattached_garage
Parking Spaces2
FrontageFrontage on Shipman Parkway

Utilities

Watermunicipal
Sewerprivate sewer
ElectricDuke Energy
GasPiedmont Natural Gas

Zoning & Land Use

Zoning CodeR-2
DescriptionResidential District
JurisdictionHenderson County

Allowed Uses

single familyaccessory dwelling unithome occupation
Current Useresidential
Assessor UseSingle Family Residential

Tax & Sale History

Tax Assessment

Total Assessed$1,009,700
Land$200,000
Improvements$809,700
Annual Tax (2025)$4,352

Sale History

2025-03-31$1,150,000

$394/SF

Arm's length transaction

2018-01-03$157,500

$52/SF

Land purchase prior to construction

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