Property
Beds
1
Full Baths
1
1/2 Baths
None
Year Built
1980
Sq.Footage
588
Located in the rapidly appreciating foothills of West Asheville, this exceptional 2.31-acre estate represents a rare "buy and hold" opportunity that perfectly pairs immediate, high-performing cash flow with massive long-term development upside. At the heart of the property sits a beautifully renovated, fully turnkey 1-bedroom, 1-bathroom cottage that effortlessly defines "mountain modern" living. Inside, the home boasts a bright, open-concept layout with updated appliances and crisp contemporary finishes, while the oversized viewing deck serves as an outdoor living room with a front-row seat to long-range mountain sunsets. Generating revenue from day one, the cottage is ideally suited as a premier short-term rental, a chic primary residence, or a proven long-term income producer. Beyond the immaculate home lies the property's true crown jewel: 2.31 acres of expansive, mostly cleared, and gently rolling land. Zoned for Low-Density Multifamily, this highly scalable acreage is a developer’s dream or a homeowner’s private sanctuary, offering ample room to build additional dwellings, guest houses, or a private family compound. The "easy-build" gentle slope significantly reduces future site-prep costs, and the property comes equipped with practical infrastructure, including extensive parking for multiple vehicles or equipment and a large central storage shed perfect for a workshop conversion. Positioned to offer a peaceful, "deep-woods" feel without isolation, the estate is located less than 10 minutes from the breweries and boutiques of Haywood Road, and under 15 minutes from the world-class culinary scene of Downtown Asheville. Ultimately, this is a highly strategic acquisition for the forward-thinking buyer who recognizes the unmatched value of combining immediate cash flow with smart, equity-rich land banking in Western North Carolina.
Features & Amenities
Interior
-
Total Bedrooms
1
-
Bathrooms
1
-
Above Grade Finished Area
588.0
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Heat Pump
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
Driveway
-
Patio and Porch Features
Side Porch
-
Pool
No
Area & Lot
-
Lot Features
Cleared, Level
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Cottage
Price
-
Sales Price
$495,000
-
Sq. Footage
588
-
Price/SqFt
$841
HOA
-
Association
No
School District
-
Elementary School
Sand Hill-Venable/Enka
-
Middle School
Enka
-
High School
Enka
Property Features
-
New Construction
NO
-
Senior Community YN
NO
-
Sewer
Septic Tank
-
Water Source
Shared Well
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Location
County
Buncombe
Elementary School
Sand Hill-Venable/Enka
Middle School
Enka
High School
Enka
Listing Courtesy of Preston Mayfield , Keller Williams Professionals
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Jen Audier
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