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Triplex Mountain Property with Waterfall
For Sale
$975,000

1480 Davis Mountain Road, Hendersonville, NC 28739

MULTI_FAMILY - Hendersonville, NC

Property SizeContact for details
Lot Size8.49 Acres
Days on Market51

Property Features for 1480 Davis Mountain Road

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description R2
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Half bathrooms 1
Rooms Laundry Room, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 2
Parking features RV, Garage, Garage - Detached, Carport, Garage - Attached, Driveway
Spa 1
Window features Insulated Windows
Patio and Porch features Patio, Porch
Pets allowed Yes
Exterior features Above Ground Hot Tub / Spa, Fence, Fire Pit, Hot Tub, Livestock Run In, Rainwater Catchment, Storage
Fencing Fenced, Privacy
Appliances Convection Oven, Dishwasher, Dryer, Gas Cooktop, Gas Oven, Gas Range, Ice Maker, Oven, Plumbed For Ice Maker, Refrigerator, Refrigerator with Ice Maker, Self Cleaning Oven, Tankless Water Heater, Washer, Washer/Dryer
Lot features Cleared, Crops, Orchard(s), Level, Open Lot, Pasture, Private, Rolling Slope, Sloped, Creek/ Stream, Wooded, Views, Waterfall
View Water
Elementary school Unspecified
Middle school Unspecified
High school Unspecified
Directions GPS has issues finding the address, please contact your agent to see this home. No drive-by permitted.
Standard status Active
APN 1003846
Lot size 8.49 Acres

Taxes and HOA fees

Tax Description WILKINSON O EARL JR TR1
Legal Description WILKINSON O EARL JR TR1

Utilities

Utilities Propane
Heating system Wall Furnace, Propane (Heating)
Cooling system Window Unit(s), Ceiling Fan(s)
Water source Spring, Well

Building Details

Year built 1970
Floors in Building 2
Number of units 3
Flooring type Vinyl, Concrete, Tile
Building materials Shingle/Shake
Roof type Shingle
Additional Structures Workshop, Storage
Listing Agency: Gardner Group Realty
Listed By: Crystal Gardner
Added: Jun 15 Changed: Jul 31 Last Checked: Aug 4 at 3:06AM
MLS# 4390501

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Unrestricted mountain property set on 8.49 acres with a private waterfall and multiple potential homesites. The property includes three separate parcels and is improved with private roads and trails throughout the land, plus a large garage/workshop. There are currently two living units, including one with established long-term rental history, and a separate building with the potential to be finished into an additional income-producing unit.

Recreational and expansion infrastructure is already in place, including an RV pad with utilities, a homestead area, and multiple building sites. Short-term rentals are allowed. The home on the property was built in 1970 and features shingle/shake construction, spring and well water, and propane for heating. Outdoor features include fencing with privacy, and a fire pit, rainwater catchment, and an above-ground hot tub/spa.

The property is located at 1480 Davis Mountain Road in Hendersonville, NC 28739.

Key Highlights

  • 8.49‑acre unrestricted mountain property with a private waterfall and multiple potential homesites
  • Three separate parcels with potential subdivision opportunities
  • Currently two living units, plus a separate building with potential for an additional income‑producing unit

Property Analytics

Current Use

Crystal Gardner, Broker ... Real Estate Agency

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop HVAC Service Electrical Service Hotel & Motel Bed & Breakfast

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

13
Businesses Nearby

Demographics for 28739, NC

21,251
Population
11,083
Households
1.9
Avg Household Size
54
Median Age
44%
College-Educated
94%
High-School Grad
61.0 sq mi
ZIP Area
348
Density / Sq Mi
$70,464
Median Household Income
$35,934
Median Earnings
$995
Median Rent
$358,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Unrestricted 8.49-acre mountain property with private waterfall, multiple homesites, and short-term rental allowance.
Where is this triplex located?
The property is located at 1480 Davis Mountain Road Hendersonville, NC.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 8.49‑acre unrestricted mountain property with a private waterfall and multiple potential homesites; Three separate parcels with potential subdivision opportunities; Currently two living units, plus a separate building with potential for an additional income‑producing unit
More about this property
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