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Mars Hill · Mars Hill, NC

629 Bailey Street

Mars Hill, NC · 1,765 sqft

$335,000

  • 2Beds
  • 2Baths
  • 1,765SqFt
  • 1972Year
  • 1Days on market

About this home

Charming 2-bedroom, 2-bath cottage in the heart of Mars Hill! This ideally located property is just a short walk to downtown, Mars Hill University, the elementary school, walking trails, local shops, restaurants, and everyday conveniences. Situated on a spacious lot, the property offers plenty of room for gardening, recreation, outdoor entertaining, or potential future expansion opportunities (buyer to confirm).

The home features a full lower-level apartment, creating excellent flexibility for multi-generational living, rental income potential, or housing for university faculty, staff, or students. Live in the main level and rent the lower unit, or explore the possibility of renting both units (buyer to verify with the Town of Mars Hill). A large detached outbuilding provides abundant space for storage, a workshop, hobbies, or additional uses.

Conveniently located just 0.5 miles from the Mars Hill University campus, this property offers a rare combination of charm, walkability, and investment potential in one of Western North Carolina's most desirable small-town settings.

Property details

Beds
2
Baths
2
SqFt
1,765
Lot
Year built
1972
Type
Single Family
Days on market
1
Style
Cottage
Heating
Heat Pump, Radiant
Cooling
Heat Pump
Foundation
Basement
Flooring
Concrete, Vinyl, Wood
View
Mountain(s)

Payment estimate

Estimated monthly payment

Includes P&I, tax, insurance

$2,423/ month

Principal & interest
$2,074
Property tax (~0.90%)
$251
Homeowners insurance
$97
HOA dues

Down payment

$16,750 down · $318,250 financed

Income to qualify (28% rule)

~$103,873 / year household

A rough rule — actual qualification depends on your full debt picture, credit, and the lender. Christy can introduce you to lenders she trusts.

Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.

Location

Begin the conversation

When you're
ready, so am I.

Whether you're quietly considering a move or simply curious about what your home might bring today, I welcome the conversation. Every relationship begins with a coffee.