Price Reduction
159 Osceola Road, Hendersonville, NC
$ 2,499,000
Property Attributes
  • ID#3828249
  • TypeMulti-Family
  • CityHendersonville
  • AreaHenderson County
  • Zip28739
  • Style
  • Price$ 2,499,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage37404
  • Lot Size3.75 Acres
Data Source:
Canopy MLS
Property Description

Don't miss this one-of-a-kind opportunity to own a special piece of Hendersonville NC history! Sited on +-3.75 acres just above Lake Osceola only 5 minutes from downtown, the former Lake Osceola Inn has been recently operated as the Heartwood Refuge. The property features 5 separate building volumes totaling approx. 37,000+ finished sqft in total (per property cards). The main house consists of the historic inn entryway and check in area, and also 30 guest rooms (27 with private baths), two commercial kitchens, a private apt. with kitchen, full bath, and office area, libraries, conference rooms, multiple decks and patios, and ample storage. The rear of the property includes 60 additional private guest suites of varying condition spread across multiple buildings. The large green courtyard area offers a central gathering place. Ideal for repositioning as multi-family project, assisted living facility, treatment facility, retreat center, residence, or your vision. Sold furnished & as-is.

Elementary School Middle School High School
Unspecified Elementary School Unspecified Middle School Unspecified High School
Price History
2/9/2022 Listed $3,200,000
4/30/2022 7% - $2,995,000
6/15/2022 9% - $2,750,000
9/24/2022 10% - $2,499,000

General Features

Accessibility Other
Appliances Dishwasher, Dryer, Microwave, Refrigerator, Washer
Car Hoasubjectto None
City Hendersonville
Construction Materials Wood Siding
Construction Type Site Built
County Henderson
Days on Market 231
Directions From Asheville, I-26 East, exit Hendersonville (49B) Highway 64 toward downtown Hendersonville
Elementary School Unspecified
Elevation 2000
HLA Area 37404
Heating Central, Baseboard, Window Unit(s)
High School Unspecified
Middle/Junior High School Unspecified
New Construction No
Pets Allowed Yes
Property SubType Multi-Family
Property Type Residential Income
Rent Includes All Utilities
Sewer Public Sewer, Septic Installed
Standard Status Active
Street Name Osceola
Structure Type Other
TaxAssessedValue 1193100
Tenant Pays None
Total Units 90
Virtual Tour
Virtual Tour
Water Body Name Osceola Lake
Waterfront Features None
Year Built 1902
Zoning Description R-15

Interior Features

Flooring Carpet, Tile, Vinyl, Wood
Laundry Features Common Area
Street Suffix Road
Water Heater Electric

Exterior Features

Living Area 37404
Building Area Total 37404
Foundation Details Crawl Space
Lot Size Area 3.75
Lot Size Units Acres
Main Level Garage YN No
Other Parking Multiple parking lots on property. The main parking is located in front of the main entrance of the main house. Another parking lot located on the Northern edge of property. Another is behind the buil
Parking Features Parking Lot
Road Responsibility Public Maintained Road
Water Source Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 28739

AVG $2.5M
AVG 251
Year Built
AVG 1954

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