Sold
Last Sold Price
2 beds1,131 sqft$64/sqft
1502 Watershed Rd, Mars Hill, NC 28754
Single FamilyProperty Type
7.15 acresLot Size
1979Year Built
$64/sq ftPrice per sq ft

Description

Charming vacation cabin in the woods. 2 BD/1.5 BA on 7.15 acres. Has enclosed wrap porch, built-ins, woodstove, small level area for gardening. Most of the acreage is wooded but private. HomePath Renovation Financing available.Charming vacation cabin in the woods. 2 BD/1.5 BA on 7.15 acres. Has enclosed wrap porch, built-ins, woodstove, small level area for gardening. Most of the acreage is wooded but private. HomePath Renovation Financing available.
  • Listed by: • Asheville Realty Associates
Listing closed: 08/15/2014 12:00 AM • Source: CANOPY, MLS#: 551790

Recent comparable sales

Median sold price

$345,000

Avg days on market

90

Sale-to-list ratio

91.2%

Mars Hill, NC

9 comparable properties found

$408,000 | 70 Double Back Lane, Mars Hill, NC 28754
1/49
1

$408,000

Sold 05/01/26

2
Bedrooms
1,289
Square Feet
0.49
Acres
a front view of a house with garden
1/30
2

$285,000

Sold 01/17/25

2
Bedrooms
1,216
Square Feet
0.78
Acres
a view of a house with a yard and garage
1/28
3

$377,500

Sold 11/01/24

2
Bedrooms
1,102
Square Feet
0.5
Acres
$351,000 | 988 English Ridge Drive, Unit 124, Mars Hill, NC 28754
1/48
4

$351,000

Sold 05/28/25

2
Bedrooms
1,257
Square Feet
0.72
Acres
a view of a house with a yard
1/42
5

$305,000

Sold 12/15/25

2
Bedrooms
1,331
Square Feet
0.33
Acres
a view of a deck with a small yard and wooden fence
1/23
6

$320,000

Sold 01/30/25

2
Bedrooms
1,003
Square Feet
1.43
Acres
$272,000 | 1257 Oakridge Lane, Mars Hill, NC 28754
1/48
7

$272,000

Sold 03/04/25

3
Bedrooms
1,154
Square Feet
0.94
Acres
$345,000 | 1040 Oakridge Lane, Mars Hill, NC 28754
1/23
8

$345,000

Sold 06/08/26

3
Bedrooms
1,061
Square Feet
0.5
Acres
a backyard of a house with large trees and brick walls
1/28
9

$395,000

Sold 09/18/24

2
Bedrooms
1,074
Square Feet
1.11
Acres

Location

Listing Courtesy of Asheville Realty Associates

Sold By Weaverville Realty

Add your commute

Payment Calculator

$488 per month

30 year fixed, 6.55% Interest

Principal and Interest

$366

Property Taxes

$122

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1502 Watershed Road

Property Details
  • MLS Type: Residential / Single Family Residence
  • Architectural Style: Cabin
  • Zoning Description: NONE
  • Subdivision Name: None
Building Information
  • Year Built: 1979
  • Lot Size: 7.15 AC / 311,454 SF
Summary
Location and General Information
  • Longitude: -82.50058
  • Geocode Source: PxPoint
  • Latitude: 35.931955
  • Directions: 19/23 N to Exit 3. Right at bottom of ramp to right on Old NC HWY 23 for .4 mile to left on Laurel Valley for 3 miles to left on Water Shed for 1.6 miles to right into driveway by mailbox.
Taxes and HOA Information
  • Parcel Number: 9861-32-8473
Property
Lot Information
  • Structure Type: 1.5 Story
  • Below Grade Finished Area: 0.0
  • Sq Ft Main: 748
  • Sq Ft Third: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Upper: 383
  • Lot Features: Mountain View, Private, Rolling Slope, Sloped, Steep Slope, Wooded
  • Property Type: Residential
Property and Assessments
  • New Construction YN: No
  • Photos Count: 24
  • Construction Type: Site Built
  • Permit Syndication: Yes
  • Plat Reference Section Pages: 559
Utilities
  • Sewer: Septic Tank
  • Water Source: Well
  • Publically Maintained Road: 1
Interior and Exterior Features
Exterior Features
  • Construction Materials: Log, Wood Siding
  • Road Surface Type: Gravel
Interior Features
  • Appliances: Washer Hookup, None
  • Water Heater: Electric
  • Heating: None, Other, Wall Unit(s)
  • Interior Features: Built Ins
  • Foundation Details: Crawl Space
  • Doors Windows: Storm Window(s)
Room Information
Room 1
  • Room Types: Bathroom(s),Living Room,Kitchen
  • Room Level: Main
Room 2
  • Room Types: Bathroom(s),Bedroom(s),Primary Bedroom
  • Room Level: Upper
Multi Family
Multi-Family Information
  • Unit Count: 0

Property History for 1502 Watershed Road

DateEvent & SourcePriceAppreciation
Aug 15, 2014

Closed

CANOPY #551790

$72,000
Jun 11, 2014

Under Contract-No Show

CANOPY #551790

Nov 13, 2013

Listed (Active)

CANOPY #551790

$118,000
DateEvent & SourcePrice
08/15/2014

Closed

CANOPY #551790

$72,000
06/11/2014

Under Contract-No Show

CANOPY #551790

11/13/2013

Listed (Active)

CANOPY #551790

$118,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1502 Watershed Road

Taxable ValueLand$90,205Additions$195,924Total$286,129
Tax Record2025$1,468 ($122 / month)
Home Facts
Beds0Total Finished SqFt1,122 SqFtAbove Grade Finished SqFt1,122 SqFtStories2Lot Size311,454 SqFtStyleSingle Family ResidenceYear Built1979Year Renovated1999ZoningR-ACountyMADISONAPN9861-32-8473Fireplace TypeHas Fireplace

Schools near 1502 Watershed Road

This home is within Madison County School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Hot Springs Elementary School
PublicK to 5

Madison Middle School
Public6 to 8

Madison County Alternative High
Public9 to 12

Brush Creek Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1502 Watershed Road, Mars Hill, NC 28754
$72,000
2
1,131
311,454
$149,000
3
1,172
87,120
375,052
$130,000
3
1,050
200,811
$91,500
3
1,850
964,418
1
1,300
121,968

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Asheville Realty Associates

Based on information submitted to the MLS GRID as of 04/01/2021 06:23 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.