Investment Property

MLS Number CAR3613793

• Commercial
• Property SubType Commercial
• Square Feet 14759
• Year Built 2012
• Acreage 194.58

195 +/- acre estate ideally configured for adaptive re-use to a high end subdivision, hospitality, vacation rental, hotel and or event/wedding venue. Property boasts a full residence and 16 additional buildings including a church, event venue, 9 log cabins, three story riverfront bar, lighted tennis and basketball courts, stables and barns. 1.5 miles of Pigeon River frontage ideal for fishing and recreation plus maintained horse and walking trails throughout, make this a potential sportsman's paradise. The estate's layout is designed to capture the property's natural beauty, making it the ideal backdrop for weddings, corporate retreats, extended family vacations and social gatherings. Entire property is expensively and extensively furnished; livestock to convey.

Listed by Joseph Kitt and Carla Barnard of Keller Williams Professionals

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MLS Number CAR3467404

• Commercial
• Foreclosure
• Property SubType Commercial
• Square Feet 121813
• Year Built 1973

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 CAR3428946

• Residential
• Bathroom 4
• Bedrooms 3
• Full Bath 3
• Half Bath 1

Nature is the best escape! This exceptional secluded home is surrounded by water and mountains. The home is welcoming for one couple or the entire family. This self-sustaining luxury estate is a smart house with CTRL 4 programming, a 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 the 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, caretaker or rental property on the river (fly fishing) and duplex for family or friends. The estate is an hour's 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.

Listed by Gwen Bowers of Premier Sothebys International Realty

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MLS Number CAR3534230

• Commercial
• Property SubType Other
• Year Built 2000
• 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 or sold separately.

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

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MLS Number CAR3394885

• Commercial
• Property SubType Commercial
• Square Feet 14964
• Year Built 1961
• 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 CAR3563502

• Commercial
• Property SubType Commercial
• Year Built 1947
• Acreage 5.97

Amazing Commercial Investment Property! Terrific Location! Fronts US HWY 19E on East side of Burnsville, includes corner of US Hwy 19E and Pensacola Rd, at an extremely Busy Intersection with Stop Light, and also runs to Main Street and corners Pensacola Rd and Main Street! Large 5.97 acre tract with 9 Buildings/All Currently leased, and one residential home. This is an estate property, and tenants have been in business in the same locations for years. Sellers will possibly consider sub-dividing . This also could be purchased and the entire parcel cleared for unlimited Commercial Opportunities - Property would run from US Hwy 19E, all the way to Main Street! Rental amounts have been in place for years, and potentially could be much more. All tenants are currently on month to month basis.

Listed by John Webb of NAI Beverly-Hanks

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MLS Number CAR3576746

• Commercial
• Property SubType Special Purchase
• Year Built 9999
• Acreage 64.15

A unique investment opportunity to own a turnkey gated luxury mountain community! Located minutes from downtown Waynesville, this property is the ultimate combination of privacy and convenience. A variety of long-range mountain views including many homesites overlooking downtown Waynesville. All roads are completed, buried electric, street lights, custom wood gates, guardhouse, and substantial stonework welcomes you upon entering. This property is being offered for substantially less than what has been invested. For the right buyer, the owners are open to selling in phases as well as creative financing options. Platted with over 40 residential homesites, the property would also work fantastic as a private family estate. Contact the listing broker for more information, photos, video, and to schedule a private showing.

Listed by Jim Davis of NAI Beverly-Hanks

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MLS Number CAR3616463

• Residential
• Bathroom 2
• Bedrooms 1
• Full Bath 1
• Half Bath 1

Spanning +-217 acres, Barnhill Mountain is a rare large tract opportunity to quite literally own a private mountain only 20 minutes from Asheville. Approx 2 acres in pasture w/ complete privacy. Set at the end of a private dead-end driveway, the authentic log cabin was built from logs harvested on the property & hand hewn by a master craftsman. Natural features include a mature hardwood forest, abundant springs & surface water, wildlife, private ridge line, mountain summit, & incredible views from anywhere on the property. The acreage offers an established roadbed network for easy access throughout. Utilize multiple access points with over 1 mile of road frontage. Consisting of 90+ acres in Buncombe (Barnhill Tract), & 127+ acres in Henderson (High Top Tract), the dual counties offer creative development options. All considered, this prime acreage offers excellent long-term investment potential, along with the opportunity to create one of the finest private estates in Western NC.

Listed by Collin O'Berry of Keller Williams Professionals

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MLS Number CAR3497897

• Residential
• Bathroom 5
• Bedrooms 6
• Full Bath 3
• Half Bath 2

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 Sothebys International Realty

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MLS Number CAR3584304

• Residential
• Bathroom 12
• Bedrooms 11
• Full Bath 10
• Half Bath 2

Designed as a luxury private residence for the Jackson family in 1905, this home is listed on the 'National Registry of Historic Places.' Designed by Richard Sharp Smith, supervising architect for the 'Biltmore House,' it has been thoughtfully renovated and maintained to preserve its original charm. From the foyer to the gracious living spaces on all three floors, natural light beams in through original wavy-glass windows. It is completely updated with modern conveniences, including a gourmet kitchen and luxurious baths. The guest house is also completely renovated, and has potential for rental income. Both exteriors are newly painted. Traditional gardens provide year round interest, especially when butterflies arrive! Ample off-street parking. Just .8 miles to the vibrant DT scene, the home is nestled on a hill in a quiet section in Montford, AVL's most historic neighborhood. Close to Montford Park, Tennis/Basketball courts, Reed Creek Greenway, and UNCA/Botanical Gardens & trails.

Listed by Cate Scales of Nest Realty Asheville

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MLS Number CAR3590765

• Commercial
• Property SubType Auto Service
• Year Built 2008
• Acreage 9.01

Great investment opportunity! Two businesses available: [1] 130 self-storage units (36 climate controlled, 5x9 to 10x18's) + 5 RV park rentals, mgr's apartment (leased) and, [2] 16,100 SF auto-service retail & tire shop with 7 bays, 16' ceilings and abundant parks + excess land potentially suited for any imaginative legal use. Purchase whole or part under a variety of purchase options that can include a sale-leaseback (auto-service building & business) and/or JV participation in the storage business! This property sits on 9+ acres with 1' inside the city limits yet pays county taxes & has access to public utilities. FF&E and business assets are not included but certainly negotiable. If you are searching for a prime location with an established business, a great place to live-work, stability of investment income and the perfect asset mix, look no further!

Listed by Mark Morris of NAI Beverly-Hanks

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MLS Number CAR3536337

• Residential
• Bathroom 8
• Bedrooms 6
• Full Bath 6
• Half Bath 2

Looking for a high end AirBnB, wedding venue, family compound or equestrian estate? Situated on a knoll overlooking 47+/- rolling acres of pastures, this beautiful Antebellum charmer has stunning panoramic mountain 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. Seller will entertain offers excluding the equestrian are and lesser acreage.This property is 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 CAR3590199

• Commercial
• Property SubType Commercial
• Square Feet 6618
• Year Built 1991
• Acreage 8.72

Offered at a 9-cap, this established nightly rental business boasts eight adorable cottages and owner's quarters on 8.74 acres. Seven cabins have 1 bedroom and 1 bath, a fireplace, with spectacular views of the French Broad River; a private deck with hot tub allows guests to soak in the river and mountain views. Nestled in the mountains overlooking the French Broad River, across undeveloped land owned by the Biltmore Estate, these recently renovated cottages are located a short drive to the picturesque Blue Ridge Parkway. Visitors can play a round of golf in Mills River, Asheville, or Hendersonville, and can enjoy fishing, hiking, zip-lining or a paddle down the river. Single Family Residence currently used as owner quarters; could be rented out if using property management company. 2/2 upstairs. 1-bed, 1-bath apartment downstairs (separate entrance) has own kitchen and office/living space. Copy/paste the following unbranded link for bird's eye view: https://youtu.be/PfGsecfKqfI

Listed by Clarissa Marshall of EXP Realty LLC

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MLS Number CAR3596849

• Commercial
• Property SubType Commercial
• Square Feet 5574
• Year Built 1965
• Acreage 1.56

Turn-key investment alert! Remodeled and expanded with 2 story addition, high-end restaurant with possible sale/lease back opportunity. The tenant operator is extremely well-established in the Asheville market. Located off Tunnel Rd east. only 0.8 miles from interstate I-240 and 26,000 VPD at junction of Tunnel Rd. and New Haw Creek Rd. The property boasts tons of outdoor space and seating, high-end finishes, XL large kitchen and prep area and storage. Spacious dining room with vaulted ceilings, bar area with seating, and a petanque court for gaming entertainment. Upper level has fire separation-potential for two tenants. Perfect brew pub potential. Paved parking includes 44 spaces plus 2 handicap parking spaces and additional off site parking for staff. Offered at a 6% cap rate. Contact listing broker for showings; do not disturb tenants.

Listed by Byron Greiner and Carla Barnard of Keller Williams Professionals

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MLS Number CAR3623558

• Residential
• Bathroom 4
• Bedrooms 5
• Full Bath 3
• Half Bath 1

This exquisite Asheville mountain home sits high above the city of Asheville, but only minutes to downtown. This luxury home is a proven 5 star vacation rental and situated just outside city proper. Architecturally designed, this modern home is filled with light; its walls of windows reflect the beautiful blue and purple hues of the blue ridge mountains. Year-round magnificent views of Asheville and the mountain range are seen from most rooms and all bedrooms. It is a unique income producing property on Sunset Mountain in North Asheville with confirmed results. Plenty of privacy for families or other vacation renters. Only 10 minutes to local restaurants, downtown events, River Arts District, Biltmore Village, Biltmore Estate and set just above the Grove Park Inn. It gives a feeling of being remote, but not removed from the city lights.

Listed by Betsy Gudger and Laura Livaudais of Ivester Jackson Blackstream

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MLS Number CAR3502198

• Residential
• Bathroom 8
• Bedrooms 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 CAR3543322

• Commercial
• Property SubType Commercial
• Acreage 2.85

High traffic, high visibility. 2.85 acres zoned Institutional. 290 feet frontage on Long Shoals Rd. Level site ready for development. Rental home on site @ 2700 sf. Call listing agent for showing.

Listed by Debbie Lane of NAI Beverly-Hanks

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MLS Number CAR3564051

• Residential
• Bathroom 3
• Bedrooms 5
• Full Bath 3
• Square Feet 2716

High traffic, high visibility. 2.85 acres zoned Institutional. 290 feet frontage on Long Shoals Rd. Level site ready for development. Rental home on site @ 2700 sf. Call listing agent for showing.

Listed by Chris Morgan and Debbie Lane of NAI Beverly-Hanks

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MLS Number CAR3570900

• Commercial
• Property SubType Warehouse
• Year Built 1977
• Acreage 3.48

For Sale - Triple Net Investment - Single Tenant Office/Warehouse - Fully Climate Controlled - Asheville, NC 8.05% Cap Rate. The property is a 24,086 SF office/warehouse facility on a 3.48 acre site. Structure comprises office and conference/ancillary areas of 8,129 SF and a warehouse area of 15,957 SF. Built in 1977 and modified in 2002. Entire building is centrally heated and air conditioned. 22' ceiling, metal building (exterior wall and roof)., reinforced concrete floors, 3 phase electric, four dock high doors. Of the 3.48 acre site, approx 0.58 acres is considered excess land.

Listed by Keith Frierson of Commercial Consultants Realty

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MLS Number CAR3499058

• Residential
• Bathroom 5
• Bedrooms 5
• Full Bath 4
• Half Bath 1

Less than 20 miles from Asheville and 6 miles from downtown Black Mountain lies this inspiring, private estate nestled among the living world. Hovering over the convergence of the headwaters of the Broad River and a creek, the rustic covered bridge serves as the gateway to this serene property. Entering the property, you're greeted by the 125-year-old restored log cabin which could be used as a caretaker's cottage or rental, as well as a barn and a workshop. Exquisitely crafted, this custom-built residence features soaring ceilings, radiant floor heat, 2 gas fireplaces, wine cellar, screened porch and large guest quarters located above the 4-car tandem garage, and new roof! Further details include salvaged interior doors and a whole home generator. The 42 acres are truly a natural sanctuary and are privy to a waterfall, 2 large ponds for swimming and fishing, a gazebo, walking trails, streams, and additional building sites for expansion possibilities, great for a family retreat!

Listed by Gwen Bowers of Premier Sothebys International Realty

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MLS Number CAR3531610

• MultiFamily
• Property SubType Residential Income
• Bedrooms 7
• Square Feet 2136
• Year Built 1999

There is just so much to imagine about this property. The brick house is rented to a long time family member for 500/month. The doublewide belongs to the tenant and is not included in the sale. He pays lot rent of 250/month. The white farm house pays 500/month and triple wide is occupied by the seller. All tenants on a month to month agreement. This property would make a great family compound with rentals already in place or make a great property for making an event center or retreat. Open pasture and open land could be developed with spectacular views and a great location with road frontage on Concord, Gravely Branch and access from Cane Creek. This is a rare opportunity to purchase one of the only remaining farms that has been in the family for 4 generations in the Cane Creek Valley. The possibilities are endless and the views breathtaking. Call listing agent for details. Seller will entertain subdividing the property.

Listed by Greg Eskritt of Keller Williams Elite Realty

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MLS Number CAR3564663

• Residential
• Bathroom 6
• Bedrooms 5
• Full Bath 5
• Half Bath 1

Perched on over 12 acres sits this stunning Asheville mountain estate (complete w/ separate guesthouse) enveloped by the Blue Ridge Mountains, yet mere minutes from vibrant downtown Asheville. Brimming with features such as natural mineral plasters and solar hot water, this estate home is the very essence of understated elegance. Entertain family and friends in the great room highlighted by walls of windows displaying stunning long range mountain views, or prepare a Sunday meal in the custom kitchen featuring professional grade Viking appliances, double oven, and handsome heart wood beams and accents throughout. Cozy up by one of 2 stone fireplaces, or retreat to you master on main w/ sitting room, private access to patio, and gracious en-suite bath. Grounds feature a babbling brook and fenced pasture . Separate apartment just perfect for guests/rental/in-law suite!

Listed by David Cash and Jeff Stewart of Keller Williams Professionals

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