Investment Property

MLS Number 3527775

• Commercial
• Year Built 1930
• Units 1
• Square Feet 6408
• Acreage 0.03

Unique property/business acquisition opportunity in the heart of downtown Asheville! Building completely renovated in 2010. Businesses to convey: 5 Walnut Wine Bar- www.5walnut.com - 5 Walnut Cheese Bar and 5 Walnut Lofts - Short Term Rentals - https://youtu.be/RyYhvqyRRUo - 600 sf penthouse roof patio with great city/mountain views. Basement and penthouse (4th) level included in square footage. Prospective buyers to be prequalified and sign CA. Shown by appointment through listing agent only.

Listed by Beth Boone of Boone Realty

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MLS Number 3490279

• Commercial
• Acreage 28.3
• SpecialListingConditions SUBJECT TO LEASE

28.3 acres for redevelopment and/or investment; 79,000 + industrial/warehouse buildings fully leased; approximately 11.59 acres zoned River; 1.1 acre zoned Light Industrial (LI); approximately 15.61 acres zoned RS-8; floodway for Ross Creek and Swannanoa River are on the property; NDA required for release of financials

Listed by Robert Boylan and John Webb of NAI Beverly-Hanks

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MLS Number 3428946

• Residential Single Family
• Year Built 2012
• Bathroom 4
• Full Bath 3
• Half Bath 1

As you cross the South Toe River, you enter a private world. This self-sustaining estate has every luxurious detail and is a smart house with CTRL 4 programming, whole house SONOS sound system, a security system, whole house backup generator, radiant floor heat, solar heat, whole house re-circulating hot water, high grade Andersen windows, upgrades in roofing system, fiber optic high speed internet and cable, solid mahogany interior doors, and the walls are 20 to 24" thick. Also located on the 100 acres is an 11,000 square feet multi-purpose building, guest house or rental property on the river (fly fishing anyone?) and duplex for caretaker/rental. The estate is within an hours drive to Asheville. The multi-purpose building has a conference room, five offices, kitchen and baths on the main level; the lower level houses solar batteries, storage, workshop, baths, and is insulated concrete form construction. This is the property you have dreamed of and it's available for you now.

Listed by Gwen Bowers of Premier Sotheby's Int'l Realty

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MLS Number 3509595

• MultiFamily Multi-Family
• Subdivision Biltmore Village
• Year Built 1931
• Square Feet 19364

Rare investment opportunity on 1.93 acres in the heart of Biltmore Village in Asheville! On the National Historic Register, this 11-unit luxury condo complex was converted from the historic Biltmore Hospital in 2005. Offered are the 8 remaining fully furnished 2 bedroom condo units zoned to allow short term vacation rental, a 30 space off-street parking lot, and the recorded DEVELOPMENT RIGHTS for an additional 15,448SF building (see PIN#9647-79-0174-R0001). Elevator.

Listed by Janet Whitworth of Premier Sotheby's Int'l Realty

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MLS Number 3485857

• MultiFamily Multi-Family
• Year Built 1970
• Square Feet 22100
• Lot Description Lake Access

Investor Alert! projected CAP Rate 10+=%.(projected 40% occupancy) Historic Mill House Lodge Circa 1890, First time offering as Resort Hotel Condos 44 Condo Hotel units available. On site Rental Offices, All units have view of private Jordan Lake. Club house lodge, swimming pool and short stroll to Historic Flat Rock Village shops and cafes. All information may be reviewed on www.MillHouseCondo.com . HOA approx. $6.5 per sq ft mo includes all utilities, cable, Wifi, groundskeeping and Building fire insurance. Owner would consider financing with substantial down payment.

Listed by Mike Bryant of Estate Realty

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MLS Number 3526288

• Commercial
• Year Built 1970
• Units 6
• Square Feet 22100
• Acreage 8

Investor Alert! projected CAP Rate 10+=%.(projected 50% occupancy) Historic Mill House Lodge Circa 1890, First time offering as Resort Hotel Condos 44 Condo Hotel units available. On site Rental Offices, All units have view of private Jordan Lake. Club house lodge, swimming pool and short stroll to Historic Flat Rock Village shops and cafes. All information may be reviewed on www.MillHouseCondo.com . . $6.5 per sq ft mo includes all utilities, cable,

Listed by Mike Bryant of Estate Realty

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MLS Number 3534230

• Commercial
• Year Built 2000
• Units 7
• Acreage 25

For sale is Memory Mountain which consists of a Wedding Venue, Chapel, Barn with kitchen and restrooms, Outdoor covered pavilion, 3 vacant homesites, 5 additional homes, barns, ponds, lakes, creeks and a total combined site of over 25 acres. This is a working business which includes vacation rentals, and property management opportunities for additional homes. All financial data is available to qualified buyers. Please see attachments for more detail on the venue and rentals, which includes a 5140sf custom home built in 2011. Property is located 1.5 miles from Gated entry of Wolf Laurel Ski Resort. Call listing agents for additional info. Property is being offered with everything for a limited time, then will be sold separately if needed.

Listed by Mark White and Doug King of Mark White And Associates

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MLS Number 3467404

• Commercial
• Year Built 1973
• Units 1
• Square Feet 121813
• Acreage 11.12

Great Investment Opportunity with fully leased building with long term anchor tenant. This facility has been 100% leased since 2016. North Asheville/Weaverville area. Easy access to future I-26. Multiple tenant facility with office, warehouse, & production areas. Heavy power, compressed air lines, covered loading area. Owner has completed many upgrades to the improvements since purchasing in 2014. Upgrades include a two new restrooms, front office renovations, new HVAC unit, 9 new gas hanging heaters, T-8 lighting retro kits installed, and entire roof now has hydrostop roofing system.

Listed by Donna Logan of Cornerstone Real Estate Cons.

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MLS Number 3394885

• Commercial
• Year Built 1961
• Units 2
• Square Feet 14964
• Acreage 1.54

Excellent investment with upside potential. Great location in regional shopping area with high traffic count. Shopping center with new roof and busy Chili's restaurant with no landlord responsibilities. Call listing agent for full rent roll. Additional PIN 9658-16-3317-00000.

Listed by Debbie Lane of NAI Beverly-Hanks

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MLS Number 3504532

• Residential Single Family
• Year Built 1940
• Bathroom 2
• Full Bath 2
• Bedrooms 3

Rental income.First time ever on market for public sell.Two homes on 69.5 acres.1 is resident 1 is VRBO producing 70000 income per year.Main home is 3200 square feet with beautiful outdoor space.View of horse pastures from back patio and outdoor fireplace.All pastures are fenced with board fencing.Part of property borders Hominy Creek.Main home has high end kitchen,Beautiful see thru rock fire place.2nd home is 3500 square feet over 8 car garage and 6 horse stall barn.Barn and garage are heated and a/c.Many building sites on property for additional rentals or home of your dream.There is a second barn on property.Property is also used for weddings and events.There is a covered building 60 X 80 perfect for events.Property has deer,turkey and other wildlife.This truly is a once in a lifetime find.Owner is NC Realtor.

Listed by Melody Roberson of Bear Creek Realty and PM

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MLS Number 3429048

• Residential Single Family
• Property Style Wood 2 Story
• Year Built 2002
• Bathroom 3
• Full Bath 3

Bedford Hill Farm is an exclusive 62-acre professional equestrian facility located just 2.5 miles from the Tryon International Equestrian Center. Highlights include a custom built 12-stall barn, a 4-stall Morton barn, and 130 x 230 Wordley Martin arena with irrigation and full PJ jump set. The custom barn, built in 2015, features rubber pavers, fly spray system, extra-large wash racks with fans and heaters, large tack room, office, laundry, hay and fed storage, and apartment. At the rear of the property sits a tastefully renovated 4-bedroom farm house with a covered front porch to take in the mountain views. The current layout features 16 paddocks and 3 large pastures with Kentucky style horse fence. 16+ acres of unused, established pasture area remains for additional barn(s), home-site(s), and/or sub-development. Excellent rental income history with professional riders. Well-suited for the professional equestrian.

Listed by Karl Small of RE/MAX Advantage Realty / Tryon-Polk

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MLS Number 3512180

• Commercial
• Year Built 2008
• Units 3
• Square Feet 27796
• Acreage 0.04

Ten fully furnished townhome units on the top of Wolf Ridge Ski Resort in Mars Hill, NC. Great short-term vacation rental history. Beautifully constructed 3BD, 3BA, and one 4BR, 4.5BA with loft, kitchen, two decks (upper and main levels), open living room/seating areas, stone gas log fireplace, and dining area. Fully furnished basement, bonus room, laundry. Cable available, dishwasher, disposal, Range/Oven, refrigerator, ceiling fans, carpet, tile, wood flooring, wired Internet (satellite Internet available). Large windows for natural light with long range mountain views. An additional 5.38 acres is also available for future townhome development. The price for the combined existing townhomes and additional acreage is $3,200,000.

Listed by Michael Hoffman of Tessier Associates

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MLS Number 3497897

• Residential Single Family
• Property Style Stone,Other 2 Story
• Year Built 2005
• Bathroom 5
• Full Bath 3

Pebbledash Farm is situated on 10+ level acres in the highly sought-out Cane Creek Valley just 20 minutes from vibrant downtown Asheville, NC. This elegant private estate offers the ideal setting for event center, vacation rental, horse farm or wedding venue. Refined French Country residence features geothermal heat, granite and marble countertops, box beam and tray ceilings, spacious bedrooms, dining room, family room and sophisticated finishes. The grounds offer 3 gated entrances, private pond with waterfall, bold creek and custom bridge, immaculate landscaping, Morton barn, shop, and separate 2-BR apartment; the Equestrian enthusiast will find two fenced pastures, run-in shed, 4 stalls, wash area, center aisle, automatic water filler in stalls, tack room and hayloft all in a wing of the spacious Morton building. 1,000 sq. ft attached garage provides 3 bays and the 5,000 sq. ft Morton building is multi-purpose; shop, barn, apartment, car or equipment storage.

Listed by D'Ann Ford and Kim Montini of Premier Sotheby's Int'l Realty

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MLS Number 3536337

• Residential Single Family
• Year Built 2000
• Bathroom 8
• Full Bath 6
• Half Bath 2

Looking for a high end AirBnB, wedding venue, family compound or equestrian estate? Situated on a knoll overlooking 25 +/- rolling acres of pastures, this beautiful Southern Colonial has stunning panoramic mountain views of Cold Mountain and the Blue Ridge Mountains. The property includes a 6000+SF two story home with six ensuite bedrooms including the master bedroom and a separate owners suite with kitchen and den on the main floor. Built specifically as a Bed and Breakfast it is currently advertised as a the Loralei Inn offering both VRBO rentals and as a wedding venue. The private estate property, includes a 15 stall barn, riding ring and outdoor swimming pool, all easily accessed from a gently sloped road and driveway. Develop a high income producing property is a possibility on this private unrestricted horse property located within the Bethel area of Canton, NC. It is just 15 minutes to Waynesville and 35 minutes to Downtown Asheville.

Listed by Karen Woodard of Beverly-Hanks, Merrimon

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MLS Number 3482390

• Condo
• Property Style Wood 2 Story
• Year Built 1970
• Bathroom 12
• Full Bath 12

Investor Alert! projected CAP Rate 10=%. Historic Mill House Lodge Circa 1890, First time offering as Resort Hotel Condos 44 units available. On site Rental Offices, All units have view of private Jordan Lake. Club house lodge, swimming pool and short stroll to Historic Flat Rock Village shops and cafes. All information may be reviewed on www.MillHouseCondo.com Jordan Lodge / Studios Unit ground Level Remodel and closing sched for May 2019 HOA $6.50 per sq ft mo includes all utilities, cable, Wifi, groundskeeping and Building fire insurance. Owner would consider financing with substantial down payment.

Listed by Mike Bryant of Estate Realty

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MLS Number 3482410

• MultiFamily Multi-Family
• Year Built 1970
• Square Feet 9100
• Lot Description Lake Access

Investor Alert! projected CAP Rate 10=%. Historic Mill House Lodge Circa 1890, First time offering as Resort Hotel Condos 44 units available. On site Rental Offices, All units have view of private Jordan Lake. Club house lodge, swimming pool and short stroll to Historic Flat Rock Village shops and cafes. All information may be reviewed on www.MillHouseCondo.com . 23 Unit Jordan Lodge / Studios Unit ground Level Remodel and closing sched for May 2019 HOA $6.50 per sq ft mo includes all utilities, cable, Wifi, groundskeeping and Building fire insurance. Owner would consider financing.

Listed by Mike Bryant of Estate Realty

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MLS Number 3526280

• Commercial
• Year Built 1970
• Square Feet 9100
• Acreage 8
• Water Body Name Jordan Lake

Investor Alert! projected CAP Rate 10=%. Historic Mill House Lodge Circa 1890, First time offering as Resort Hotel Condos 44 units available. On site Rental Offices, All units have view of private Jordan Lake. Club house lodge, swimming pool and short stroll to Historic Flat Rock Village shops and cafes. All information may be reviewed on www.MillHouseCondo.com . 23 Unit Jordan Lodge / Studios Unit ground Level Remodel and closing sched for May 2019 HOA $6.50 per sq ft mo includes all utilities, cable, Wifi, groundskeeping and Building fire insurance. Owner would consider financing.

Listed by Mike Bryant of Estate Realty

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MLS Number 3531953

• Residential Single Family
• Year Built 2007
• Bathroom 5
• Full Bath 4
• Half Bath 1

Exceptional estate property perfectly located between Waynesville and Asheville. Custom built home that sits in the center of 58 acres offering complete privacy and unparalleled views. This incredible residence begins with an entirely paved approach driveway which meanders through the woods.As you reach the apex you're greeted by a stunning entrance with ample parking and 3 car garage. Step through the grand entryway into the foyer and immediately take in the long range views beyond the floor-to-ceiling windows. Enjoy a fire on cold nights beside your indoor or outdoor fireplace, or snuggle up to your private fireplace in the master suite. High-end finishings throughout. Home also offers increased equity potential with approximately 3,500 semi-finished Sq Ft in the basement with fireplace, and "secret" room behind the upstairs bookshelf. The 58 acre parcel can also be subdivided to offer potential for multi generational living, or investment / development.

Listed by Madelyn Niemeyer of Nest Realty Asheville

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MLS Number 3510635

• MultiFamily Multi-Family
• Subdivision None
• Year Built 1926
• Square Feet 6249

Experience a uniquely artisanal lifestyle in this unparalleled, National Historic Landmarked property which encompasses an updated, rustic revival style main lodge, 3 separate cabins, an event barn, pavilion, enormous granite rock outcroppings, & over 1000 ft of cascading creek w/multiple waterfalls nestled across 16+ acres- all within 20 min of vibrant d'town Asheville. A southeast exposure affords stunning views of Little Pisgah, Hickory Nut Gap, & Bearwallow Mountain. Over the years, the homes have been tastefully updated & remodeled, keeping the historic charm & craftsmanship of the property intact, while equipping the homes to today's standard of living. The expansive property has been an invaluable artistic canvas for the current owners & the torch is ready to be passed on to the new owners. Over the past 2 years, the property has been successfully used as a short-term vacation rental & event venue (weddings, conferences, retreats) & is a 5-Star rated listing on Airbnb & VRBO.

Listed by Brian Etheridge of Carolina Mountain Sales

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MLS Number 3510815

• Commercial
• Year Built 1926
• Units 5
• Square Feet 6249
• Bathroom 6

With more than 11 Million visitors annually & over $2 Billion spent in the Asheville area- now is the time to take advantage of owning one of the most unique and established short-term rental properties/venues in Western North Carolina. Possessing 5-Star ratings across Airbnb, VRBO, & TripAdvisor, “Laurel Falls” is a turn-key vacation destination for those seeking historic, rustic charm with homes that have been tastefully updated & equipped to today's standard of living. The property features 4 separate homes (sleeps 21), pavilion, event barn, manicured trails, over 1,000 ft of rushing creek frontage, multiple private waterfalls, and stunning long-range views of Little Pisgah, Hickory Nut Gap, & Bearwallow Mountain for guests to enjoy. The property is ideally appointed for weddings, conferences, family reunions, company retreats, or private gatherings. Less than 20 min to downtown & less than 10 min to grocery, microbreweries, restaurants & Blue Ridge Parkway. P&L & proforma avail.

Listed by Brian Etheridge of Carolina Mountain Sales

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MLS Number 3509620

• Residential Single Family
• Property Style Stone,Wood 2 Story
• Year Built 1926
• Bathroom 3
• Full Bath 2

Experience a uniquely artisanal lifestyle in this unparalleled, National Historic Landmarked property which encompasses an updated, rustic revival style main lodge, 3 separate cabins, an event barn, pavilion, enormous granite rock outcroppings, & over 1000 ft of cascading creek w/multiple waterfalls nestled across 16+ acres- all within 20 min of vibrant d'town Asheville. A southeast exposure affords stunning views of Little Pisgah, Hickory Nut Gap, & Bearwallow Mountain. Over the years, the homes have been tastefully updated & remodeled, keeping the historic charm & craftsmanship of the property intact, while equipping the homes to today's standard of living. The expansive property has been an invaluable artistic canvas for the current owners & the torch is ready to be passed on to the new owners. Over the past 2 years, the property has been successfully used as a short-term vacation rental & event venue (weddings, conferences, retreats) & is a 5-Star rated listing on Airbnb & VRBO.

Listed by Brian Etheridge of Carolina Mountain Sales

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MLS Number 3502198

• Residential Single Family
• Year Built 2005
• Bathroom 8
• Full Bath 6
• Half Bath 2

Amazing Vacation Rental Property - 8 bedrooms that sleep 32 guests. Profits of $80K in 2018 with easy potential to make at least $125K. Discover the breathtaking beauty of WNC at this massive estate with panoramic pastoral and mountain views. This luxurious manor has two gourmet kitchens, a vintage diner, a hot tub and multiple levels of outdoor deck space to entertain! A turn-key rental operation, this home is ready for vacation bookings!

Listed by Mark Fields of Mark Fields & Associates

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MLS Number 3471277

• Commercial
• Year Built 1924
• Units 2
• Bathroom 9
• Acreage 0.63

There is nothing that isn't right about this Bed and Breakfast opportunity. Sought out by guests from all over the world this 9 bedrooms, 8-1/2 baths plus a 2 bed, 1 bath cottage. This highly rated SWEET BISCUIT INN Bed and Breakfast is ideally located in a residential neighborhood only a few minutes from Asheville downtown. This property was recently renovated from top to bottom with large, sun-lit kitchen and commercial grade appliances. The INN offers private 2 bedroom, 1bath owner's quarters on the 3rd floor and a meticulously restored 2bedroom 1bathroom cottage for short or long-term rentals. Professionally landscaped gardens and a children's play-station complete the picture. It's professionally landscaped, has ample parking, totally elegant and inviting. Also listed under MLS# 3470738. View video at: 77kenilworthrd.com

Listed by Brian Deacon and Jane Ward of Sterling Real Estate Partners

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