Well-maintained 8-unit property with capital improvements in 2025/2026 (new roof, exterior stain and encapsulated crawl space). - 520 Courtwood Lane, Hendersonville
Prime Location! One mile to downtown Hendersonville Main Street and the Ecusta Trail. - 520 Courtwood Lane, Hendersonville
Newly Upgraded Kitchens in Unit 4 & 8 - 520 Courtwood Lane, Hendersonville
Open Floor Space with Dining Nook and Living Room - 520 Courtwood Lane, Hendersonville
Each Unit Has Balcony or Porch - 520 Courtwood Lane, Hendersonville
New LVT Flooring in Unit 4 & 8 - 520 Courtwood Lane, Hendersonville
Bedroom in Unit 8 - 520 Courtwood Lane, Hendersonville
Bedroom in Unit 4 - 520 Courtwood Lane, Hendersonville
Bathroom - 520 Courtwood Lane, Hendersonville
Choose Your Next Investment at Willow Bend in the WNC Mountains! - 520 Courtwood Lane, Hendersonville
One covered carport space for each unit. - 520 Courtwood Lane, Hendersonville
Floor Plan - 520 Courtwood Lane, Hendersonville
12 photos

$1,285,000

520 Courtwood Lane
Hendersonville, NC 28739
Listed by Sherri Holbert · Patton Allen Real Estate LLC
Bedrooms
8
Bathrooms
8
Living area
4,832 sqft
Year built
1981

About this home

Rare opportunity to acquire an entire 8-unit condominium building under one ownership. That's right! You will own 100% of the HOA. Each unit is a separately platted condominium within an established HOA, currently owned by a single investor and offered as a portfolio sale. Significant capital improvements include new roof (2025), crawl space encapsulation (2026), and exterior paint/stain (2025). Two units (Units 4 & 8) have been renovated with updated kitchens featuring quartz countertops, new cabinetry, stainless sinks, and appliances, along with LVT flooring, updated lighting, and new interior/exterior doors. These two units also include a stackable washer/dryer which is not common in the Willow Bend community. Each unit is with approximately 604 square feet and includes 1 bedroom and 1 bathroom with bright, natural light and functional unit layout with consistent rental appeal across all 8 units. Each unit has individually metered city water and sewer. New to newer water heaters installed in all units within last three years. Located within 1 mile of downtown shopping, dining, and the Ecusta Trail.

Property details

MLS
Canopy MLS
MLS #
CAR4363116
Property type
Portfolio
Subdivision
Willow Bend
Status
Active
Days on market
191
On market date
April 1, 2026
Stories
N/A
Total bathrooms
8
Garage spaces
N/A
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.

Elementary
Bruce Drysdale Elementary
1.27 mi away · Grades -1-5
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
427
Student:teacher ratio
12.6:1
District
Henderson County Schools
Middle
Hendersonville Middle
1.27 mi away · Grades 6-8
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
560
Student:teacher ratio
13.7:1
District
Henderson County Schools
High
Henderson County Early College
2.62 mi away · Grades 9-13
Zoned school (attendance boundary, 2015-16 data)
3.8
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
204
Student:teacher ratio
34.0:1
District
Henderson County Schools

Walkability

Blended score for Hendersonville'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).

71
Walkable
out of 100
EPA National Walkability Index
10.3 / 20 -- Below average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores10
Parks6
Schools12
Transit stops19
Pharmacies12

Market position

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

On the market 191 days -- 56 more days than Hendersonville's current average of 135 days.
For reference, the median list price across 815 active listings in Hendersonville right now is $399,900.

Mortgage calculator

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Est. monthly payment
$7,888/mo
$257,000 down
$1,028,000 loan
Principal & interest$6,668
Property tax (est.)$1,071
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated 17 days ago.

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.