$495,000

24 Ian River Drive, Asheville, NC 28806

  • 1 bed |
  • 1 bath |
  • 588 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1980
  • Property Lot Size Icon2.31acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $842/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

Rarely does a property deliver immediate cash flow and major future potential in one of Asheville’s most desirable submarkets. This beautifully renovated 1 bed / 1 bath cottage sits on an expansive 2.31-acre parcel—mostly cleared, gently rolling, and zoned for low-density multifamily. Move in, keep it as a peaceful primary residence, or continue operating it as the proven high-performing short-term or long-term rental it already is. Either way, revenue can begin the moment you close. Inside you’ll find bright, open living spaces finished with modern touches, updated appliances, and a clean, turnkey feel that appeals to today’s renters and buyers alike. Step onto the large deck to enjoy long mountain sunsets and the deep quiet that still feels close to everything. The land is the true standout: Ample parking for multiple vehicles, guests, or equipment Large central storage shed (ideal for tools, maintenance gear, or future conversion) Gently sloping, mostly open topography ready for development Zoning allows additional dwellings—creating the opportunity for more rental units, a family compound with guest houses, or (subject to approvals) a small subdivision. In West Asheville’s rapidly appreciating foothills, this kind of scalable acreage with existing improvements is exceptionally scarce. Location seals the deal: Minutes to West Asheville’s eclectic mix of breweries, coffee shops, restaurants, and boutiques Under 15 minutes to downtown Asheville’s world-class dining, arts, music, and vibrant energy Whether you’re an investor seeking cash-flow-now + equity-later, a homeowner wanting space and privacy with income potential, or both—this is one of the smartest opportunities available in Western North Carolina right now. Schedule a private showing today. Properties that combine instant income, modern livability, and meaningful development upside in this market simply don’t last.

Listing Status:
Active
Data Last Updated:
March 3, 2026 at 7:18AM
Listing Office:
Keller Williams - Black Mtn. : 828-669-5220
MLS ID:
4316888
  • Appliances: Electric OvenElectric RangeElectric Water HeaterMicrowaveRefrigerator
  • Laundry: In KitchenMain Level
  • Flooring: Wood
  • A/C: Central Air
  • Heating: Heat Pump
  • Style: Cottage
  • Other Structures: Side Porch
  • Parking: Driveway
  • General: Site BuiltCrawl Space
  • Road/Access: GravelOther
  • Originating MLS: carolina
  • County: Buncombe
  • Zoning: RM69627-59-4429-00000
  • Water: Shared Well
  • Sewer: Septic Installed
  • Source: carolina

This listing courtesy of Keller Williams - Black Mtn.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Sand Hill-Venable Elementary School

154 Sand Hill School Rd, Asheville, NC, 28806

Grades PK-4

1.60 miles away

E

Enka Middle School

390 Asbury Rd, Candler, NC, 28715

Grades 7-8

2.96 miles away

E

Enka High School

475 Enka Lake Rd, Candler, NC, 28715

Grades 9-12

3.73 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.