24 Ian River DR, Asheville, NC 28806
24 Ian River DR, Asheville, NC 28806
24 Ian River DR, Asheville, NC 28806
24 Ian River DR, Asheville, NC 28806
24 Ian River DR, Asheville, NC 28806
24 Ian River DR, Asheville, NC 28806
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$ 495,000
Est. payment | /mo

1 Bed

1 Bath

588 SqFt


Save
$ 495,000
Est. payment | /mo
Save

1 Bed

1 Bath

588 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 588 sqft

Price per Sqft $841

MLS Listing ID 4316888

Style Cottage

Bedrooms 1

Full Baths 1

Abv Grd Liv Area 588

Year Built 1980

Lot Size 2.310 Acres

Acres 2.31

Property Sub-Type Single Family Residence

Property Description

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.

Location

State NC

County Buncombe

Zoning RM6

Rooms

Primary Bedroom Level Main

Main Level Bedrooms 1

Main Level Primary Bedroom

Main Level Kitchen

Main Level Living Room

Main Level Bathroom-Full

Interior

Heating Heat Pump

Cooling Central Air

Flooring Wood

Fireplace false

Appliance Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator

Laundry In Kitchen, Main Level

Exterior

Street Surface Gravel,Other

Porch Side Porch

Garage false

Building

Lot Description Cleared, Level

Dwelling Type Site Built

Foundation Crawl Space

Sewer Septic Installed

Water Shared Well

Architectural Style Cottage

Level or Stories One

Structure Type Vinyl

New Construction false

Schools

Elementary Schools Sand Hill-Venable/Enka

Middle Schools Enka

High Schools Enka

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Undisclosed

Listed by Preston Mayfield • Keller Williams Professionals • ncmountainre@kw.com
Karen C DeFelice

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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24 Ian River DR