Welcome to 284 Chestnut Street! - Mars Hill
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Virtually Staged - Mars Hill
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$530,000

Mars Hill, NC 28754
Listed by Ryan Foley · Century 21 Foley Realty
Bedrooms
5
Bathrooms
3
Living area
4,018 sqft
Year built
1969

About this home

Ideally positioned on the corner of Chestnut and Main, this spacious 5 bedroom, 3 bathroom home offers a rare opportunity to enjoy all that downtown Mars Hill has to offer just steps from your front door. Perfectly situated to take in all four seasons as the charm and energy of downtown unfold, this home combines convenience, space, and mountain-town living. Inside, you’ll find generous living areas ready for the next owner to reimagine and make their own without sacrificing functionality or square footage. Additional features include a finished basement with kitchenette, a 2-car garage with abundant storage, and mountain views. Outside, enjoy a spacious back patio, extra-large level yard, and rare double lot offering flexibility, privacy, and room to spread out—all within walking distance to shops, dining, and everything downtown Mars Hill has to offer.

Highlights

Fireplace

Property details

MLS #
CAR4378070
Property type
Single Family Residence
Subdivision
None
Status
Active
Days on market
39
On market date
May 18, 2026
Stories
N/A
Total bathrooms
3
Garage spaces
2
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Mars Hill Elementary
0.45 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
497
Student:teacher ratio
13.4:1
District
Madison County Schools
Middle
Madison Middle School
9.59 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
439
Student:teacher ratio
11.6:1
District
Madison County Schools
High
Madison Early College High
7.36 mi away · Grades 9-13
Zoned school (attendance boundary, 2015-16 data)
3.1
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
271
Student:teacher ratio
27.1:1
District
Madison County Schools

Walkability

Blended score for Mars Hill's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

45
Somewhat walkable
out of 100
EPA National Walkability Index
7.7 / 20 -- Below average walkable
Google Places amenity density
55 / 100
Restaurants & cafes8
Grocery stores4
Parks0
Schools1
Transit stops0
Pharmacies3

Market position

How this listing compares to current activity in Mars Hill, from live MLS data.

On the market 39 days -- 315 fewer days than Mars Hill's current average of 354 days.
For reference, the median list price across 217 active listings in Mars Hill right now is $130,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$3,342/mo
$106,000 down
$424,000 loan
Principal & interest$2,750
Property tax (est.)$442
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated June 26, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.