Asheville, NC Homes for Sale between $900,000 to $1,500,000

Asheville, NC Homes for Sale between $900,000 to $1,500,000

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Asheville, NC Homes for Sale Between $900,000 to $1,500,000

$1,050,000
4317652 MLS ACTIVE Status
PLEASE NO DRIVE-BYl Exceptional investment opportunity in Asheville! This fully leased property offers five income-producing homes across three adjacent PINs, including three singlewide and two doublewide homes — all with strong rental history and reliable tenants. With immediate income from day one and room for future development, this property combines stability, versatility, and long-term potential. Each home is well maintained and thoughtfully placed for privacy and convenience, featuring individual driveways and ample parking. The peaceful setting provides a neighborhood feel while being just minutes from downtown Asheville, shopping, and major highways — a prime location that keeps demand and occupancy rates high. Three parcels are serviced by septic systems and a shared well. With three contiguous lots, the configuration supports possible additional units or redevelopment (subject to county approval). Investors can maintain five established income streams while exploring opportunities to enhance or expand. The homes each offer comfortable living spaces with individual yards, making them attractive for long-term tenants. The consistent occupancy and strong rent performance demonstrate solid cash flow and minimal turnover — ideal for both new and seasoned investors. Highlights: • five homes total — 3 singlewides and 2 doublewides • Fully leased with strong rental history • Three adjacent PINs with development potential • 3 parcels on septic with shared well • Ample parking and private driveways • Convenient to downtown Asheville, shopping, and highways • Peaceful setting with strong tenant demand. This turn-key property is ready to continue performing as a proven income generator. With its combination of location, stable rental history, and development flexibility, it’s a rare opportunity in Asheville’s growing market. Whether you’re expanding your portfolio or seeking a property with long-term appreciation potential, this investment checks all the boxes.

18 Hat Creek Drive, Asheville

Listing courtesy of Edwards Realty LLC. pursuitofrealty@gmail.com

$1,150,000
5 Beds 2 Baths 4314070 MLS ACTIVE Status
Unique Opportunity in Kenilworth – 2.23 Lovely Acres with 1920s Vintage Home. Unlock the potential of 2.23 acres in Asheville’s highly desirable Kenilworth neighborhood, zoned RM-6 for medium-density residential development. This rare in-town parcel offers a beautiful 1927 brick Arts & Crafts home and accompanying gardens. The home features original wood floors; built-ins; vintage windows; a deep, red ceramic tile front porch; and a second-story flex space with sink, range, and mini-fridge—ideal for guests or creative use. Additionally, there is a spacious stand-alone garage with garden shed, a tool shed, and small greenhouse. The property showcases mature gardens, brilliant azaleas, 100-year-old oaks, and walking paths. It is gardener’s paradise right in town! With Beaucatcher Road frontage, sewer access, and privacy in a central location just minutes from downtown Asheville, Mission Hospital, and Biltmore Village, this property offers both immediate utility and long-term upside. Restore the existing 1927 brick Arts & Crafts residence as a family home or boutique bed & breakfast, create a nursery or school, subdivide for townhomes or cottage clusters, or establish a tiny home community. This property is ideal for developers, investors, or visionaries seeking a blend of classic charm and urban scalability. (Buyer to verify specific plans.)

414 Beaucatcher Road, Asheville

Listing courtesy of Appalachian Realty Associates. ejgrant828@gmail.com

$1,435,000
4 Beds 3 Baths 4312762 MLS ACTIVE Status
Light, bright, and impeccably designed, this modern farmhouse by The Pitrolo Company sits at the heart of Olivette Farm—Asheville’s award-winning agrihood along the French Broad River. Blending timeless craftsmanship with contemporary elegance, the home features four bedrooms and three baths, an open-concept layout, and abundant natural light throughout. A luxe chef’s kitchen with a Thermador appliance suite anchors the main level with custom cabinetry, premium appliances, and seamless flow into the dining and living areas, framed by beautiful built-ins and expansive windows capturing mountain views. The main-level office offers flexibility for work or guests, conveniently located adjacent to a full bath. Geothermal heating and cooling, energy-efficient design, and high-quality finishes reflect both sustainability and sophistication. The full unfinished basement—with framing and exterior access already in place—offers endless potential for multigenerational living, a studio, or recreation space. A radon mitigation system is installed (fan not yet attached). From the rear porch, enjoy breathtaking western sunsets over the Blue Ridge Mountains and direct access to Olivette’s working four-season organic farm, community parks, and miles of scenic trails. Set within a 411-acre riverfront community, Olivette offers a lifestyle rooted in nature and connection—with community gardens, orchards, a 7-acre riverfront park, dog park, amphitheater, and a suspended bridge leading to a private island pavilion. A rare combination of elegance, sustainability, and community living—just a skip from downtown Asheville.

202 Westridge Farm Road, Asheville

Listing courtesy of Olivette Realty LLC. Allison@olivettenc.com

$1,490,000
4305896 MLS ACTIVE Status
This rare, expansive 70.3 +/- acre wooded tract is tucked into a private cove in Asheville NC. The property combines woodland privacy, natural beauty, conservation opportunities, and development potential in a setting where large parcels are becoming increasingly scarce. The land is predominantly covered in an upland hardwood forest, with multiple small streams/creeks weaving through the terrain, creating a serene mountain atmosphere. About 10 acres of lower cove offer gentle, usable topography, ideal for building, recreation, or gardening. A paved driveway leads to a former home site, once the location of a manufactured home with additions (no contributory value), and underground electricity is already in place, offering valuable infrastructure for future development. A second access follows an interior finger ridge all the way to the top of the property, where a beautiful saddle-shaped ridgeline opens up to panoramic views across Bearwallow Mountain, Little Pisgah Mountain, and layered Blue Ridge peaks. This ridge on the property has about 5 acres of mountain top gentle topography. With selective clearing, long-range vistas can be revealed throughout the tract, while overgrown logging roads and trails offer potential for hiking paths, riding trails, or expanded access. The property’s primary orientation is southeast-facing, with a portion northeast-facing, ensuring excellent sunlight as well as shaded woodland diversity. Zoned Residential Low-Density District (R-LD) with steep slope and protected ridgeline overlays, this parcel invites both creativity and stewardship. Prior conceptual designs envisioned subdividing into multiple 10+ acre lots, while others may see it as the perfect site for a legacy estate retreat. Though it carries an Asheville mailing address, the land lies outside city limits, subject only to Buncombe County and Reynolds Fire Dept taxes, not city taxes. Access is via a 30’ right-of-way on White Oak Gap Road (private), with potential additional easements from Smokey Road (private) per prior surveys. Whether you imagine a private mountain sanctuary, a multi-home family compound, or a carefully planned estate subdivision, this extraordinary acreage offers a versatile canvas in one of Western North Carolina’s most sought-after regions.

89 White Oak Gap Road, Asheville

Listing courtesy of National Land Realty. psnyder@nationalland.com

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