Investment Property

MLS Number 3335396

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

Rare development & 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 development and 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 3412079

• Commercial
• Year Built 1968
• Acreage 4.77

Purchase this Ramada Inn on Smokey Park Highway in Asheville NC. Great Location. Visible from I-40, which has a daily traffic count of 84,000 +/-. Includes interior IHOP Restaurant with current lease in place. Great Investment Opportunity or Redevelopment Site. Redevelopment plans can be made available. DO NOT CONTACT THE HOTEL OR ANY OF THE EMPLOYEES. You must contact the broker for any information regarding the sale.

Listed by Paul Ellis of Pulliam Properties, Inc

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MLS Number 3394885

• Commercial
• Units 2
• Year Built 1961
• 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 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 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 3331847

• Residential Single Family
• Property Sub Type 3 Story
• Bathroom 4
• Square Feet 4263
• Year Built 2006

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 3338931

• Residential Single Family
• Property Sub Type 2 Story
• Bathroom 5
• Square Feet 4419
• Year Built 2005

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 3338287

• Commercial
• Units 2
• Year Built 2005
• 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 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 3337841

• Commercial
• Units 1
• Year Built 1988
• Bathroom 6
• Acreage 1.02

Unique & Attractive 8,183sf Medical Office Building on 1.02 Acres in the Heart of Asheville's Medical District. Now Available For Sale or For Lease! Ample Parking w/ Separate Lots for Staff and Patrons. 6 Restrooms (5 Lavatory & 1 Full w/ Shower). Excellent Access to site, w/ access from Choctaw Street, Biltmore Avenue, Doctor's Park and Hamilton Street. Attractive Atrium Lobby with Wood Ceilings & Fireplace, 2 Weather-Secure Entry/Exits and Balcony/Deck on 2nd Floor of Building. Excellent property for Owner/Operator or Investment!

Listed by James Diaz of Covestar Investment Realty

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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. 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 Dara DeBoer-Schwalje and Sabine Marienthal of Keller Williams Professionals

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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 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 3422625

• Commercial
• Year Built 1979
• Square Feet 6042
• Acreage 11.13
• 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 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 Rowena Patton and 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 and Rowena Patton of EXP REALTY LLC

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MLS Number 3237350

• Residential Single Family
• Property Sub Type 2 Story/Basement
• Bathroom 9
• Square Feet 6662
• Year Built 2007

Furnished custom home in the heart of Polk Co. 20 min to TIEC/Tryon/Lake Lure and minutes to river/lake activities. On-site horse boarding available, riding trails, hiking trails behind the gates of Brights Creek. Home offers mtn and golf course views. Details of this home include 8 bedrooms all with private baths, two story stone fireplace on open main level, lower level offers den with large two sided fireplace, bar, billiard/game room. This property has fantastic vacation rental history!

Listed by Lyn Weaver and Heather Chambers of Beverly Hanks & Assoc. Rumbling Bald

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MLS Number 3387407

• MultiFamily Multi-Family
• Subdivision Montford
• Square Feet 6351
• Year Built 1919
• Lot Description Level

Rare opportunity! 11 unit building in a sweet location of Montford, just 3 blocks to downtown and shopping. This building has stayed at 100% for more than 10 years, and has a great feel about it. Units are a mixture of studios, 1 & 2 bedrooms. HW floors, high ceilings, open porches, and great parking on and off Street. Gross income of over $120K a year and an NOI around $95K. New owner can instantly increase NOI, and there's potential to increase rents with little effort. This is an excellent investment, in an awesome location, with huge potential.

Listed by Brent Allen of Keller Williams Professionals

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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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