Price Reduced Listing
$420,000
 $2,191 est/mo Sourced by Back At You

15 And 16 Cottage Drive,Asheville, NC 28805

Asheville, NC 28805

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Description

Turn-Key Cash-Flow Opportunity Minutes from Asheville's Major Hospitals. Positioned just minutes from both the VA Hospital and Mission Hospital, this rare dual-property package offers a high-demand cash-flow opportunity in historic Homeland Park-Asheville's original 1930s tiny home community. Offered fully furnished and equipped for immediate income generation, these two renovated studio cottages boast a proven track record of solid rental income as turn-key 30-day rentals, making them ideal for traveling medical professionals and mid-term tenants. Each efficient living space features modern vinyl plank flooring, mini-split HVAC systems, in-unit washer/dryers, and private back decks surrounded by greenery, with 15 Cottage Drive offering the added bonus of off-street parking and a storage shed. Live in one and rent the other or rent both. Unbeatably located near Downtown Asheville, Black Mountain, and the Blue Ridge Parkway, 15 Cottage Drive is offered exclusively only as a package deal paired with 16 Cottage Drive (MLS# 4280433). Income and expense reports available upon request.

Details

MLS #4392051
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1930
Days On Site135
Listing Provided ByMosaic Community Lifestyle Realty | Carol Marin

Features

Bed(s)2
Bath(s) 2 Total
SQ Feet528
Units2
ZoningRS8
Acreage0.19

Interior

CoolingDuctless
HeatingDuctless
Interior FeaturesOpen Floorplan
AppliancesDryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer, Washer/Dryer

Exterior

RoofMetal
Construction MaterialsLog
Foundation DetailsCrawl Space
Lot FeaturesWooded

Parking

Garage Yes / NoNo
Parking FeaturesDriveway, Parking Space(s)

Other

List AorLand of The Sky Association of Realtors

Taxes

Property313500

Area Information

StateNC
CountyBuncombe
CityAsheville
Zip Code28805
AreaBuncombe
Community NameHomeland Park
School DistrictAC Reynolds
Elementary SchoolCharles C Bell
High SchoolAC Reynolds
Listing VS Median (in Homeland Park)
Price:
$420,000
low | high
Med:
$412,500
51.785714285714% of Average
sqft:
528
low | high
Med:
1,379
100% of Average
$ / sqft:
$795
low | high
Med:
$376
100% of Average
On site:
135
low | high
Med:
52
100% of Average
Sourced by Back At You

Market Activity 28805

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 Listings courtesy of Canopy MLS as distributed by MLS GRID.

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Learn More About This Property

StateNC
CountyBuncombe
CityAsheville
Zip Code28805
AreaBuncombe
Community NameHomeland Park
School DistrictAC Reynolds
Elementary SchoolCharles C Bell
High SchoolAC Reynolds
Listing VS Median (in Homeland Park)
Price:
$420,000
low | high
Med:
$412,500
51.785714285714% of Average
sqft:
528
low | high
Med:
1,379
100% of Average
$ / sqft:
$795
low | high
Med:
$376
100% of Average
On site:
135
low | high
Med:
52
100% of Average
Sourced by Back At You
Listing Updated: October 24, 2026 at 7:16:24 AM PDT