Step back in time without sacrificing modern comfort in this beautifully renovated 1920s Chestnut Hill cottage. Originally constructed as a family and executive retreat associated with the Hanes Underwear Company, the home showcases timeless mountain-cottage charm, highlighted by a grand stone fireplace and inviting covered front porch. Thoughtful renovations preserve the home's historic character while enhancing everyday livability. Relax on the expansive covered front porch and enjoy cozy short-range mountain views in a storybook setting. Extensive native stonework graces both the home and the beautifully landscaped, certified native wildlife gardens, creating a seamless connection to the natural beauty of the surrounding mountains.
Recent improvements include a beautifully renovated kitchen and bathroom, a new roof, updated electrical system, and a new heat pump. The original hardwood floors have been carefully restored, blending historic character with modern convenience. This is a truly special property where history, character, and craftsmanship come together in one unforgettable setting. This home has 2 bedrooms plus an office on the main level, with the lower level being a large studio area with bedroom, sitting area and full bath.
Meticulously maintained and truly move-in ready, this home is offered turn-key and can be sold furnished—ideal as a full-time residence, mountain getaway, or vacation rental investment. Outdoor enthusiasts will appreciate direct access to nearby adventure, including hiking to Bearwallow Mountain right from your door, plus a short drive to multiple trailheads featuring waterfalls, mountain streams, and sweeping 360-degree mountain views on Bearwallow Mtn. HOA Initiation Fee: $1000 / Septic Permit - NOT FOUND | https://youtu.be/urLotv3KZew
Active
$535,000
206 Chestnut Hill Rd, Gerton, NC 28735
3beds
1,645sqft
Single Family Residence
Built in 1928
0.51 Acres Lot
$513,200 Zestimate®
$325/sqft
$63/mo HOA
What's special
Grand stone fireplaceBeautifully renovated kitchenCozy short-range mountain viewsInviting covered front porchExpansive covered front porchExtensive native stonework
- 71 days
- 301
- 22
Zillow last checked:
Listing updated:
Listed by:
Neely Neu neelyn@uniquecollective.us,
Unique: A Real Estate Collective
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4387825
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Bedroom s
- Level: Main
Bedroom s
- Features: Storage
- Level: Lower
Bedroom s
- Level: Main
Bathroom full
- Level: Main
Bathroom full
- Level: Lower
Dining room
- Level: Main
Kitchen
- Level: Main
Laundry
- Level: Lower
Living room
- Level: Main
Heating
- Baseboard, Heat Pump
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Cooktop, Electric Oven, Microwave, Refrigerator
- Laundry: In Basement
Features
- Total Primary Heated Living Area: 1171
- Flooring: Concrete, Vinyl, Wood
- Basement: Exterior Entry,Partially Finished,Storage Space
- Fireplace features: Living Room
Interior area
- Total structure area: 1,171
- Total interior livable area: 1,645 sqft
- Finished area above ground: 1,171
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Attached Carport, Driveway
- Carport spaces: 1
- Uncovered spaces: 3
Features
- Levels: Two
- Stories: 2
- Patio & porch: Front Porch
- Has view: Yes
- View description: Mountain(s), Year Round
Lot
- Size: 0.51 Acres
- Features: Private, Wooded, Views
Living quarters
- Secondary living space: 474 sqft
- Secondary features: Room w/ Private Bath,Separate Entrance
Details
- Parcel number: 0604448052
- Zoning: R3
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- Stone, Wood
Condition
- New construction: No
- Year built: 1928
Utilities & green energy
- Sewer: Septic Installed
- Water: Community Well, Spring
- Utilities for property: Electricity Connected
Community & HOA
Community
- Subdivision: Chestnut Hills
HOA
- Has HOA: Yes
- HOA fee: $750 annually
- HOA phone: 773-251-0347
Location
- Region: Gerton
Financial & listing details
- Price per square foot: $325/sqft
- Tax assessed value: $297,800
- Annual tax amount: $1,686
- Date on market: 6/18/2026
- Cumulative days on market: 72 days
- Listing terms: Cash,Conventional
- Exclusions: Hutch, Small Wicker Rocker, Teak Picnic Table
- Electric utility on property: Yes
- Road surface type: Gravel, Dirt, Paved
Estimated market value
$513,200
$488,000 - $539,000
$2,305/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Listed for sale | $535,000+123.4%$325/sqft |
Source: | ||
| 7/31/2015 | Sold | $239,500-3.6%$146/sqft |
Source: | ||
| 7/3/2015 | Pending sale | $248,500$151/sqft |
Source: Keller Williams - Asheville #583138 Report a problem | ||
| 5/1/2015 | Listed for sale | $248,500+66.8%$151/sqft |
Source: Keller Williams - Lake Lure #583138 Report a problem | ||
| 5/19/2005 | Sold | $149,000$91/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,686 -23.9% | $297,800 -23.9% |
| 2024 | $2,214 | $391,100 |
| 2023 | $2,214 +31.2% | $391,100 +61.3% |
| 2022 | $1,688 | $242,500 |
| 2021 | -- | $242,500 |
| 2020 | $1,688 +1.5% | $242,500 |
| 2019 | $1,664 | $242,500 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 28735
Nearby schools
Schools provided by the listing agent
- Elementary: Edneyville
- Middle: Apple Valley
- High: North Henderson
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






