Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

729 Bearwallow Road, Little Switzerland, NC, 28749

5beds
5baths
4,524sqft
$1,550,000
$343price/sqft
$9,582/moest. monthly cost
$383,280/yrincome needed

About This Home

Breathtaking, year-round long-range mountain views take center stage on this multi-acre estate in highly desirable Little Switzerland! Located less than a mile from the village and the Blue Ridge Parkway, this unique 5-bedroom, 5-bathroom property offers the ultimate multigenerational compound or a lucrative multi-unit investment opportunity. The clever layout functions beautifully as two separate homes, boasting a main-level split-bedroom plan and a fully finished lower level complete with its own kitchen, living area, and private entrance. The architectural character shines with soaring cathedral ceilings, cherry paneling, open floor plan, historic stone materials, and fiber-cement siding. Unwind on the massive, covered porches overlooking the cascading ridges, or enjoy the beauty of the vibrant flowers. There is plenty of sunny space to start your own gardens or another home. This property is equipped with a backup generator that powers both homes for guaranteed peace of mind. This is a versatile mountain sanctuary with endless potential!

Getting Around

4
WalkingCar-Dependent
0
TransitVery Limited Transit
5
BikeSomewhat Bikeable

Schools

4/10
2/10
McDowell High SchoolGrades 9-1210.6 mi

Construction

Condition

  • Year built: 1946

Materials

  • Foundation: Slab
  • Construction materials: Fiber Cement,Hardboard Siding,Stone

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cottage
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Gas Cooktop,Microwave,Refrigerator,Wall Oven,Washer/Dryer
  • Laundry features: Utility Room

Bedroom S

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 5
  • Main level bedrooms: 1

Features

  • Storage,Total Primary Heated Living Area: 2752
  • Door features: Insulated Door(s)
  • Window features: Insulated Windows
  • Flooring: Slate,Tile,Wood
  • Fireplace features: Family Room
  • Finished area below ground: 0
  • Finished area above ground: 2,752

Heating & Cooling

  • Heating features: Central,Ductless,Propane
  • Cooling features: Central Air,Ductless

Interior Area

  • Total structure area: 2,752
  • Total interior livable area: 4,524 sqft

Property

Details

  • Parcel number: 078700155353
  • Zoning: R-1
  • Special condition: Standard
  • Other equipment: Generator

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered,Patio
  • Fencing: Partial
  • Has view: Yes
  • View description: Long Range,Mountain(s),Year Round
  • Waterfront features: Retaining Wall

Lot

  • Lot size: 5.40 Acres
  • Features: Orchard(s),Green Area,Sloped,Wooded,Views

Parking

  • Total spaces: 4
  • Parking features: Driveway
  • Has uncovered spaces: Yes
  • Uncovered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Cold Wave
    Cold WaveModerate
  • Landslide
    LandslideModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Inland Flooding
Ice Storm
Cold Wave
Landslide
Lightning
Strong Wind

FEMA Declared Disasters in McDowell County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7,837$94,044
Home Insurance *$692$8,304
Property Taxes $632$7,584
Electricity $421$5,056
Total$9,582$114,984
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$328,525/yr
40% on housing$287,460/yr
45% on housing$255,520/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.5%
1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$343This listing

vs Other Active Listings

Avg $/sqft

ZIP 28749$178
McDowell County$258

vs Homes Sold Last Month

Median $/sqft

ZIP 28749
McDowell County$232

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-06-02Listed for sale$1,550,000
2024-11-02Listing removed$1,550,000
2024-08-26Price change$1,550,000
2024-05-21Price change$1,600,000
2024-03-15Price change$1,750,000
2023-09-14Listed for sale$1,925,000

For Sale by Agent

AgentCherie Fox-Parker
BrokerageHoward Hanna Beverly-Hanks Burnville

Similar Homes