629 Bailey Street, Mars Hill, NC 28754

$320,000
2
BD
2
BA
1,765
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$320,000
List Price
$335,000
Status
CLOSED
MLS#
4397474
Bedrooms
2
Bathrooms
2
Full Baths
2
Living Area
1,765
Parcel Size
0.5
Style
Cottage
Year Built
1972
Days on Market
28

Property Description

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.

Additional Information

County
Madison
Acreage Features
Cleared, Sloped, Wooded, Views
Appliances
Electric Oven, Refrigerator
Exterior Finish
Vinyl
Basement Description
Yes
Sewer/Septic
Public Sewer
Heating
Heat Pump, Radiant
Cooling
Heat Pump
Roof
Fiberglass

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Keller Williams Elite Realty. davidrathy@kw.com

Selling Office: Keller Williams Professionals.

“The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Real Estate Company nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2026 Carolina Multiple Listing Services, Inc.”