Investment Property

MLS Number 3428946

• Residential Single Family
• Property Sub Type 1 Story Basement
• Year Built 2012
• Bathroom 4
• Bedrooms 3

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 102 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 3335396

• MultiFamily Multi-Family
• Year Built 1931
• Square Feet 19364
• Zoning Institutional

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 a development pad where owner was permitted 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 3242509

• Commercial
• Year Built 1931
• Units 1
• Square Feet 19364
• Bathroom 17.5

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 a development pad where owner was permitted 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 3433316

• Residential Single Family
• Property Sub Type 1.5 Story/Basement
• Year Built 1999
• Bathroom 4
• Bedrooms 5

Incredible opportunity to own a 49 acre equestrian complex and residence less than a quarter mile from the Tryon International Equestrian Center. Panoramic mountain views envelope this incredible parcel of land. Currently home to Renovatio Farm, a full service boarding and training facility located in Tryon, North Carolina. Tryon has been dubbed the "the newest, most significant equestrian lifestyle destination in the world". This farm's amenities are conducive for training any equine athlete from eventers to hunter/jumpers to dressage. Excellent opportunity for investment/development or equine business. Prime Location less than a quarter mile from new $200M+ horse park, home to the 2018 FEI World Equestrian Games.

Listed by Damian Hall of Ivester Jackson Blackstream

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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 3429048

• Residential Single Family
• Property Sub Type 2 Story
• Year Built 2002
• Bathroom 3
• Bedrooms 4

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, easy-to-maintain, 4-bedroom farm house with a covered front porch to take in the stunning 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 an investor or professional equestrian.

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

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MLS Number 3361155

• Commercial
• Year Built 1988
• Units 3
• Acreage 7.88

Great investment opportunity! 7.88 acres centrally located. Half mile from interstate 26. Currently operates as Jeep, Dodge, Chrysler of Hendersonville. Property can be subdivided into three parcels. Each with nice building and large parking lot. C-3 zoning is very flexible and buildings offer wide variety of uses. Seller requires short term leaseback. Term and condition to be negotiated.

Listed by Lane Justus of So. Homes & Land/So. Commercial

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MLS Number 3417263

• Commercial
• Year Built 1855
• Square Feet 6584
• Bathroom 12
• Acreage 3.98

Imagine a peaceful retreat center, a destination wedding/events venue, the current seasoned top-rated boutique Inn/B&B, this 'National Registry' treasure known as 'The Reynolds Mansion' sits on a 200-degree western sunset view knoll, just minutes from DT Asheville. Totally renovated, this fabled Grand Estate could also be your stunning private residence with 2 detached short-term rental opportunities. Chickens/honeybees & organic gardens! Let your imagination soar; just a sidewalk away from the 'Village' for dining/fitness/shopping/craft beer without getting in a car!

Listed by Carol Pennell of Beverly-Hanks, Executive Park

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MLS Number 3394693

• Residential Single Family
• Property Sub Type 3 Story/Basement
• Year Built 1855
• Bathroom 12
• Bedrooms 9

Imagine a peaceful retreat center, a destination wedding/events venue, the current seasoned top-rated boutique Inn/B&B, this 'National Registry' treasure known as 'The Reynolds Mansion' sits on a 200-degree western sunset view knoll, just minutes from DT Asheville. Totally renovated, this fabled Grand Estate could also be your stunning private residence with 2 detached short-term rental opportunities. Chickens/honeybees & organic gardens! Let your imagination soar; just a sidewalk away from the 'Village' for dining/fitness/shopping/craft beer without getting in a car!

Listed by Carol Pennell of Beverly-Hanks, Executive Park

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MLS Number 3331847

• Residential Single Family
• Property Sub Type 3 Story
• Year Built 2006
• Bathroom 4
• Bedrooms 5

Absolutely Stunning doesn't even begin to describe this fabulous property! The Green River Sanctuary is a custom built lodge, located on the Green River, in the middle of 149 Serene Acres!! Soaring ceilings, glowing wood floors stone fireplaces, gourmet granite kitchen & quality craftsmanship are just tips of the iceberg found in this Exquisite Home. Less than 5 mins to TIEC, this property is currently on a rental program generating serious cash flow. Watch the Virtual Tour to appreciate.

Listed by Jeremy Wood of SC NC Realty

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MLS Number 3338287

• Commercial
• Year Built 2005
• Units 2
• Square Feet 4419
• Acreage 10.1

Pebbledash Farm, a picturesque private estate on 10+ level acres in the coveted Cane Creek Valley, offers the ultimate setting for event center, vacation rental, horse farm or wedding venue. Property offers 3 gated entrances, bold creek, pond with waterfall and custom bridge, immaculate landscaping, Morton barn, fenced pastures, shop, separate 2-BR apartment. Pristine French Country residence boasts geothermal heat, exquisite finishings, granite and marble countertops, box beam and tray ceilings

Listed by Sheelah Clarkson of Sheelah Clarkson Agency

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MLS Number 3338931

• Residential Single Family
• Property Sub Type 2 Story
• Year Built 2005
• Bathroom 5
• Bedrooms 4

Pebbledash Farm, a picturesque private estate on 10+ level acres in the coveted Cane Creek Valley, offers the ultimate setting for event center, vacation rental, horse farm or wedding venue. Property offers 3 gated entrances, bold creek, private pond with waterfall and custom bridge, immaculate landscaping, Morton barn, fenced pastures, shop, separate 2-BR apartment. Pristine French Country residence boasts geothermal heat, exquisite finishings, granite and marble countertops, box beam and tray ceilings. For equestrians, the property offers two fenced pastures, run-in shed and a handsome Morton multi-purpose building with over 5,000 square feet of space. The barn wing includes 4 stalls, center aisle, wash area, automatic water in the stalls, tack room and hayloft. The pasture fencing is top of the line 440 4-rail system steel fencing. For the collector of luxury cars, sports cars or antique cars, this estate provides the ultimate in vehicle and equipment storage in the Morton building.

Listed by Sheelah Clarkson of Sheelah Clarkson Agency

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MLS Number 3364442

• MultiFamily Multi-Family
• Subdivision Wolf Ridge
• Year Built 2008
• Square Feet 27796

Must see - 10 FULLY FURNISHED town home units nestled on top of the Beautiful Wolf Ridge Ski Community in Mars Hill. Great short-term vacation rental history! Avg. $440/night winter, $285/night Summer + cleaning fee. Beautifully constructed 3BD, 3 BA and 1 4BD, 4.5BA w/ loft, kitchen, 2 decks (upper & main), lvg rooms/seating areas, fireplace, dining area with EPIC MTN VIEWS. Square footage varies per unit. Units have gorgeous interior stone fireplaces as well as lots of warm light. Don't miss out!!

Listed by Michael Kotzen of Keller Williams Professionals

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MLS Number 3355778

• Residential Condo/Townhouse
• Property Sub Type 2 Story/Basement
• Year Built 2008
• Bathroom 30
• Bedrooms 30

Must see - 10 FULLY FURNISHED town home units nestled on top of the Beautiful Wolf Ridge Ski Community in Mars Hill. Great short-term vacation rental history! Avg. $440/night winter, $285/night Summer + cleaning fee. Beautifully constructed 3BD, 3 BA and 1 4BD, 4.5BA w/ loft, kitchen, 2 decks (upper & main), lvg rooms/seating areas, fireplace, dining area with EPIC MTN VIEWS. Square footage varies per unit. Units have gorgeous interior stone fireplaces as well as lots of warm light. Don't miss out!!

Listed by Michael Kotzen of Keller Williams Professionals

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MLS Number 3411276

• Commercial
• Year Built 1971
• Units 1
• Square Feet 4200
• Bathroom 5

4 parcels w/approx. 1100 ft of frontage along high growth New Leicester Hwy, suitable for Commercial, Multi-Family or Mixed Use Development. Parcel one is a two level strip center w/7 rental units. The four units on the upper level are all currently occupied and are separately metered for electric and water. 2 of the 3 lower units are occupied. 3 lower units are used for storage but could be converted to glass store fronts for retail/office. The unconditioned lower level has one restroom and one meter for electric and water. The structure itself is located on a corner with a traffic signal, has a metal roof, a dedicated parking lot. PIN with structure is HB zoning and three PINs unimproved parcels are CB2 Zoning.

Listed by Scott Carter of The Real Estate Center

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MLS Number 3412117

• Residential Single Family
• Property Sub Type 2 Story/Basement
• Year Built 2007
• Bathroom 5
• Bedrooms 4

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 3376205

• Commercial
• Year Built 1924
• Units 2
• Square Feet 7123
• Bathroom 9

Sought out by guests from all over the world the 7bed/7.5bath, highly rated SWEET BISCUIT INN is ideally located in a residential neighborhood only a few minutes from Asheville downtown. Recently renovated from top to bottom with large, sun-lit kitchen and commercial grade appliances the INN offers priv. 2 bed/1bath owner's quarter on the 3rd floor and a meticulously restored 2bed/1bath cottage for short- or long-term rentals. Professionally landscaped gardens and a children's play-station complete the picture. Call us for more information and we will happily supply it!

Listed by Christopher Andres and Sabine Marienthal of Keller Williams Professionals

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MLS Number 3422619

• MultiFamily Multi-Family
• Subdivision None
• Year Built 1979
• Square Feet 6042
• SpecialListingConditions SUBJECT TO LEASE

This mountain oasis consists of 3 homes on 11+ private acres. Located in a sought after North Asheville neighborhood, it is just a 10 minute drive to both downtown and the Blue Ridge Parkway. Offering the best of both worlds with the option to indulge in city life or escape into nature. The three dwellings include an estately 4 bedroom/3 bath log home, a modern 2 bedroom/2 bath loft over the garage, and a 2 bedroom/1 bath farmhouse at the front of the property. The 11+ acres offer vegetable gardens, a large open field, over 2 acres of exquisite Japanese Gardens, walking paths, mountain views, a creek, private woods, and more. This peaceful mountain estate could serve as your family's personal paradise; and/or rental income producing possibilities are endless. Since it is located just outside of Asheville city limits, short-term rentals are permitted. It is difficult to believe that this serene mountain sanctuary is merely 10 minutes from Asheville's vibrant downtown.

Listed by Adam Skoog of Looking Glass Realty LLC

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MLS Number 3421716

• Residential Single Family
• Property Sub Type 2 Story/Basement
• Year Built 1979
• Bathroom 7
• Bedrooms 8

This mountain oasis consists of 3 homes on 11+ private acres. Located in a sought after North Asheville neighborhood, it is just a 10 minute drive to both downtown and the Blue Ridge Parkway. Offering the best of both worlds with the option to indulge in city life or escape into nature. The three dwellings include an estately 4 bedroom/3 bath log home, a modern 2 bedroom/2 bath loft over the garage, and a 2 bedroom/1 bath farmhouse at the front of the property. The 11+ acres offer vegetable gardens, a large open field, over 2 acres of exquisite Japanese Gardens, walking paths, mountain views, a creek, private woods, and more. This peaceful mountain estate could serve as your family's personal paradise; and/or rental income producing possibilities are endless. Since it is located just outside of Asheville city limits, short-term rentals are permitted. It is difficult to believe that this serene mountain sanctuary is merely 10 minutes from Asheville's vibrant downtown.

Listed by Adam Skoog of Looking Glass Realty LLC

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MLS Number 3426146

• Residential Single Family
• Property Sub Type 1 Story
• Year Built 1985
• Bathroom 6
• Bedrooms 6

Turnkey Equestrian Farm/Investment opportunity! 35 stalls throughout multiple barns, tack room with some tack included, feed room, wash room, acres of 4 board fenced paddocks with solar wire on all fences. Organic pear tree, variety of apple trees, blackberries, raspberries, blueberries, muscadine and scuppernong grapes. One-Level Caretaker Cottage featuring 2100 sq ft., furnished 1BR 1BA Cabin with loft, 2BR 2BA Cabin with high speed Internet and excellent rental history. Private stocked lake, Multiple home sites and many more cabins sites with panoramic views. Have your dream farm, or rent to TIEC horse show competitors for a profitable business. Can be subdivided. All rolling horse pastures have been terraced to control water run off.

Listed by Mary Sitton of Keller Williams Mtn Partners

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MLS Number 3383428

• Commercial
• Year Built 2006
• Square Feet 5295
• Bathroom 4
• Acreage 35.4

Rustic Beauty awaits you at Red Wolf Run! This custom built Thistlewood Frame home features beams that were recycled from Toronto subway system. Kitchens upstairs, downstairs, and outside! Currently operated as a short-term rental, this home site on 35+ acres could be a spiritual retreat, holistic healing center, or Air B&B your way to profits. Rented/managed through short-term rental agency currently. Income statements available with signed confidentiality agreement. 3 years available; only 1 year shows profit (2017). Currently rented consistently (75% of days in April 2018). View the yonder calendar for Chestnut Cove to see rented dates. Property features long range mountain views and a short drive to Asheville or Spruce Pine. Current zoning is R-A, buyer to confirm with county for desired use.

Listed by Clarissa Marshall of EXP REALTY LLC

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MLS Number 3382222

• Residential Single Family
• Property Sub Type 1 Story Basement
• Year Built 2006
• Bathroom 4
• Bedrooms 4

Rustic Beauty awaits you at Red Wolf Run! This custom built Thistlewood Frame home features beams that were recycled from Toronto subway system. Kitchen upstairs, downstairs, and outside! Currently operated as a short-term rental, this home site on 35+ acres could be a single-family home, spiritual retreat, holistic healing center, or Air B&B your way to profits. Property features long range mountain views and a short drive to Asheville or Spruce Pine. Part of the land is in Red Wolf Run with restrictions, other part is not. See attachments for more information.

Listed by Clarissa Marshall of EXP REALTY LLC

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MLS Number 3430592

• Residential Single Family
• Property Sub Type 2 Story
• Year Built 1969
• Bathroom 3
• Bedrooms 4

This Mid Century Modern home is the reality of your client's Frank Sinatra Cocktail Party Dreams. The home consists of 4 bedrooms and 3 Full Baths. A stone fireplace is the central feature of the large living room with cathedral ceilings and a glass wall. The kitchen was recently updated and includes all of today's mod cons. The home sits on a large piece of acreage atop Elk Mountain. It truly is an MCM dream home. Off of the kitchen you'll find a large deck that leads down to an in ground swimming pool surrounded stone and mature landscaping. The land and home provide 360 degree views. This type of private oasis only comes to market once in a lifetime. The home is currently a vacation rental property, therefore, its great for your investor clients and clients looking for a mid-century masterpiece here in Asheville.

Listed by Jason Cahill of RE/MAX Executive

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MLS Number 3361131

• Commercial
• Year Built 1977
• Units 1
• Square Feet 24086
• Acreage 3.48

The property is a 24,086 SF office/warehouse facility on 3.48 acre site. Main floor comprises 21,969 SF, which includes office areas of 5,442 SF plus breakroom and restrooms (570 SF), and a warehouse area of 15,957 SF. Upstairs conference, office, loft and storage is 2,117 SF. Built in 1977 and modified in 2002. The entire building is centrally heated and air-conditioned. Of the 3.48 acre site, 0.58 acre is excess land. Anticipated development in the area and key location indicates strong upside potential as a long-term investment.

Listed by Keith Frierson of Whitney Commercial Real Estate

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