520 Courtwood Lane #1-8, Hendersonville, NC

The acquisition of an entire eight-unit condominium building in Hendersonville represents a rare consolidation of control within the Willow Bend community. Constructed in 1981, this portfolio comprises 4,832 square feet of living area, distributed across eight separately platted one-bedroom, one-bathroom residences. The offering is distinguished by its operational simplicity; a single owner maintains 100 percent interest in the HOA, overseeing recent capital improvements including a new roof, exterior staining, and crawl space encapsulation. While each 604-square-foot unit benefits from individually metered municipal utilities, two specific residences have been elevated with quartz surfaces, stainless appliances, and in-unit laundry—features that deviate from the standard neighborhood profile. For the portfolio investor, the proximity to the Ecusta Trail and downtown Hendersonville provides a stable anchor in a submarket defined by increasing demand for walkable, low-maintenance residential assets. Private inquiries regarding the transition of this entire multi-family holding may be directed to Peters & Associates.

About the 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.

Price in context

• Asking $266 per square foot.
• That is 33% below the $398 median across 76 active $1.5M+ homes in Hendersonville.
• 51st highest asking price of 76 active $1.5M+ homes in Hendersonville.
• 18th largest by living area of the 71 with a recorded size.
• Reduced $10,000 (0.8%) from the original $1,295,000 asking price.
• 191 days on the market, listed 2026-04-01.
• County tax assessment $973,900; the asking price is 1.32× the assessed value.
• HOA dues $175 (monthly).

Location

Neighborhood: Willow Bend, Henderson County, ZIP 28739.

Assigned schools

• Elementary: Bruce Drysdale
• Middle: Hendersonville
• High: Hendersonville

School assignments come from the listing and can change; confirm with the district.

Features

Construction

Wood

Roof

Architectural Shingle

Bathrooms

8 full

Flooring

Vinyl

Kitchen & appliances

Dishwasher, Electric Oven, Microwave, Refrigerator

Heating

Heat Pump

Cooling

Heat Pump

Parking

Detached Carport

Waterfront

None

County

Henderson

Comparable homes on the market

• 99999 Dale Street, Hendersonville — $2,340,000, 0.5 mi away
• 832 4th Avenue W, Hendersonville — $1,125,000, 3 bd, 2,824 sq ft, 0.8 mi away
• 300 White Pine Drive, Hendersonville — $1,999,900, 3 bd, 5,248 sq ft, 1.0 mi away
• 166 Williams Meadow Loop #17, Hendersonville — $1,065,000, 4 bd, 3,477 sq ft, 1.1 mi away
• 1518 Greenville Highway, Hendersonville — $1,575,000, 5 bd, 3,199 sq ft, 1.4 mi away
• 422 Crooked Creek Road, Hendersonville — $1,450,000, 4 bd, 4,906 sq ft, 1.5 mi away

See it privately

Nicholas and Miriam Peters show every home personally. Peters & Associates, 4401 Barclay Downs Dr #132, Charlotte, NC 28209. Office 704-264-4572. Request a private showing.