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4901 Brevard Rd, Horse Shoe, NC, 28742

5beds
5baths
7,805sqft
$1,550,000
$199price/sqft
$9,711/moest. monthly cost
$388,440/yrincome needed

About This Home

Unique Western North Carolina investment opportunity featuring a 6+ acre riverfront compound with four separate buildings and six distinct living spaces, offering exceptional flexibility for events, retreats, short-term rentals, or multi-unit income. Ideally located between Hendersonville and Brevard, the property offers direct access to the French Broad River and connects to the popular Ecusta Trail, creating a rare combination of recreation, tourism, and business potential. The main residence serves as the centerpiece of the property with expansive gathering areas and a full kitchen ideal for hosting events, retreats, or group accommodations. The lower level of the main building features a fully equipped second kitchen, two bedrooms, and a large living space that functions perfectly as a separate rental unit, guest suite, or additional lodging for retreat guests. A second home on the property includes two separate one-bedroom living units with private entrances—one on the main level and another on the lower level—offering excellent flexibility for short-term rentals, extended stay guests, or staff housing. The third house includes a kitchen, living room, dining room, porch area with one and a half baths. Also has an extra-large garage and workshop space that could easily be converted into an event hall, studio, or creative gathering space for weddings, workshops, or corporate retreats. Additional improvements include a detached two-car garage with a one bedroom efficiency apartment, providing yet another rental or caretaker option. Outdoor amenities make this property especially attractive for destination gatherings and hospitality uses. The grounds feature two scenic ponds, a large gazebo ideal for ceremonies or outdoor events, a water feature, and over six acres of usable land with river access. The connection to the Ecusta Trail adds tremendous appeal for cyclists, outdoor enthusiasts, and visitors exploring the growing recreation corridor between Hendersonville and Brevard. With multiple structures, numerous lodging options, beautiful natural features, and no HOA restrictions, this property offers exceptional potential as a boutique event venue, retreat center, income-producing short-term rental compound, or private estate. All buildings currently use city water, but there is a well on the property.

Getting Around

4
WalkingCar-Dependent
0
TransitVery Limited Transit
1
BikeSomewhat Bikeable

Schools

6/10
Etowah ElementaryGrades PK-52.1 mi
6/10
Rugby MiddleGrades 6-83.2 mi
8/10
West Henderson HighGrades 9-123.3 mi

Construction

Condition

  • Year built: 2001

Materials

  • Construction materials: Stone Veneer,Vinyl

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Cooktop,Microwave,Refrigerator,Wall Oven
  • Laundry features: Laundry Room

Basement

  • Has basement: Yes
  • Basement: Finished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1
  • Main level bedrooms: 1

Features

  • Total Primary Heated Living Area: 5437
  • Flooring: Tile,Wood
  • Fireplace features: Gas Log
  • Finished area below ground: 2,711
  • Finished area above ground: 2,726

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,726
  • Total interior livable area: 7,805 sqft

Primary Bedroom

  • Level: Main

Property

Details

  • Parcel number: 1005069
  • Zoning: R2R
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck
  • Has view: Yes
  • View description: Winter
  • On waterfront: Yes
  • Waterfront features: Other - See Remarks,River Front
  • Waterbody name: French Broad River

Lot

  • Lot size: 6.30 Acres
  • Features: Flood Fringe Area,Views

Parking

  • Total spaces: 12
  • Parking features: Driveway,Detached Garage,Garage on Main Level
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 10

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

  • Cold Wave
    Cold WaveRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Landslide
    LandslideModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Ice Storm
Lightning
Strong Wind
Drought
Hail
Inland Flooding
Landslide
Tornado

FEMA Declared Disasters in Henderson 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 *$461$5,532
Property Taxes $687$8,244
Electricity $726$8,723
Total$9,711$116,532
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$332,948/yr
40% on housing$291,330/yr
45% on housing$258,960/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: 11.6%
11.6%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 5.3%
5.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$199This listing

vs Other Active Listings

Avg $/sqft

ZIP 28742$371
Henderson County$221

vs Homes Sold Last Month

Median $/sqft

ZIP 28742$299
Henderson County$254

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)

Price History

DateEventPrice
2026-03-09Price change$1,550,000
2025-08-26Price change$1,700,000
2025-06-27Price change$1,800,000
2024-10-24Price change$1,950,000
2024-09-07Price change$2,300,000
2023-09-07Price change$1,890,000
2016-11-17Price change$999,900
2016-06-07Listed for sale$1,100,000
2016-04-04Listing removed$995,000
2015-07-23Price change$995,000
2015-06-05Listed for sale$1,150,000
2014-03-12Sold$795,000
2014-01-21Price change$795,000
2013-10-29Listed for sale$1,450,000
2013-08-20Listing removed$1,500,000
2013-07-31Listed for sale$1,500,000
2012-12-02Listing removed$1,500,000
2011-05-15Listed for sale$1,500,000

For Sale by Agent

AgentJim Boyd
BrokerageHoward Hanna Beverly-Hanks

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