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

$975,000
8 Beds 4405564 MLS ACTIVE Status
Asheville Investment Portfolio Opportunity – Tenant-Occupied Rental Properties with Immediate Income! Rare opportunity to acquire income-producing investment properties in Asheville with established tenants and immediate rental potential. This portfolio is ideal for both first-time investors looking to purchase their first rental property and experienced investors seeking to expand their real estate portfolio with additional Asheville assets. Featuring tenant-occupied rental properties, including 214 Short Michigan Avenue and 40 Mulberry Street, this opportunity provides the advantage of existing rental income and a streamlined transition for the next owner. These properties are conveniently located near one another, offering an excellent opportunity for investors looking for easier property management and strategic portfolio growth. Located near downtown Asheville, restaurants, breweries, shopping, entertainment, and major amenities, these properties benefit from strong rental demand in one of Western North Carolina's most desirable real estate markets. Whether you're searching for an Asheville investment property, rental property, income-producing real estate, long-term rental opportunity, cash-flow investment, or portfolio acquisition, this opportunity offers flexibility and long-term potential. properties may be purchased individually or together, allowing buyers to customize their investment strategy. Please see individual MLS listings for additional details on each property. Opportunities to acquire tenant-occupied Asheville rental properties with portfolio flexibility are limited. Schedule your private showing today and explore this unique investment opportunity.

214 Short Michigan Avenue, Asheville

Listing courtesy of Ivester Jackson Blackstream. shane@ijbproperties.com

$998,500
4 Beds 2 Baths 4373933 MLS ACTIVE Status
Showings Start Thursday 7/23 - Tucked away on a quiet side street in the heart of Montford, this 1927 American Foursquare is elevated above the street and shaped by generations of thoughtful, creative owners. Just blocks from downtown Asheville, it offers privacy, generous rooms, an adaptable floor plan, a screened porch overlooking the gardens, and outdoor spaces that reveal themselves gradually. Major investments have already been made, including a standing-seam metal roof, solar panels, and a new HVAC system. Classic architecture, generous proportions, and nearly 2,550 square feet provide a strong foundation for what comes next. Four generously sized bedrooms are located upstairs, while a main-level room could serve as guest space, home office, den, creative workspace, or potential additional bedroom. The upstairs bedrooms are especially distinctive, with wall-mounted sconces, walk-in closets, and adjoining bonus spaces suited to offices, dressing rooms, reading nooks, or other uses. A private balcony off the upstairs hall adds another quiet place to step outside and take in the setting. Beyond the interior, the property continues to unfold. A 325-square-foot screened porch serves as an outdoor living room overlooking a private backyard with mature plantings and a full privacy fence. Peek-a-boo mountain views emerge through the summer foliage, opening to broader seasonal views in winter. A powered and cooled studio with its own deck creates space for art, work, music, or quiet escape, while a large Japanese-style cedar soaking tub adds another distinctive element to the garden. The street-to-street lot includes shared driveway access to the rear, with potential to explore additional off-street parking. The character is already here—in the architecture, the gardens, the unexpected spaces, and the imprint of those who have loved the house before. Now it is ready for new owners to add their own creative layer to its story.

3 Woodlawn Avenue, Asheville

Listing courtesy of Unique: A Real Estate Collective. troyw@uniquecollective.us

$1,200,000
2 Baths 4397957 MLS ACTIVE Status
Exceptional commercial opportunity with an assembly permit issued, surrounded by new residential construction and just one mile from Historic Biltmore Village in Asheville's revitalizing Swannanoa River Corridor. This extensively reconstructed commercial building was rebuilt following Hurricane Helene using commercial-grade, flood-resistant materials and engineered construction methods designed for long-term durability, resilience, and reduced maintenance. The walls are finished with VRR Plus vinyl-faced insulation, providing vapor control, a radiant barrier, enhanced durability, and a clean industrial aesthetic. The building is wired for infrared heating with the option for gas radiant heating and cooling, offering flexibility for future owners. The versatile open floor plan is ideal for a wide variety of commercial uses, including a wine bar, brewery, taproom, restaurant, coffee shop, retail boutique, event venue, office, gallery, wellness studio, or other mixed-use concepts. Designed with hospitality in mind, the space features a custom bar, a commercial wash sink, a separate handwashing sink, an ADA-compliant restroom, smart wall-mounted bathroom heaters, illuminated smart mirrors, and a commercial-grade dishwasher (currently rented). The spacious interior offers ample room for tables, chairs, bar seating, and a stage for live entertainment. A dedicated food truck hookup with 50-amp electrical service and water connections provides an excellent opportunity to expand food service without the expense of constructing a full commercial kitchen. Additional improvements include an electrically equipped 160-square-foot Containest office/flex space and a 320-square-foot High Cube Connex storage container, both permanently installed using FEMA-certified engineered tie-down systems, providing approximately 480 square feet of additional functional space beyond the main building. The property is development-ready with completed engineering, permitting, floodplain compliance, and a completed Flood Elevation Certificate. Located in one of Asheville's fastest-growing commercial corridors, this unique property offers exceptional flexibility and long-term investment potential. Whether you’re launching a speakeasy, restaurant, company HQ, showroom, entertainment venue, or some other creative business, 22 Stoner Road is ready for your vision. Built to last, positioned to grow.

22 Stoner Road, Asheville

Listing courtesy of Cool Mountain Realty. sophia.wncrealtor@gmail.com

$1,325,000
4 Beds 4 Baths 4399608 MLS ACTIVE Status
This thoughtfully designed and constructed home is TRULY A WORK OF ART. Perfectly located just a few minutes from the Blue Ridge Parkway and a short drive to downtown Asheville. Enjoy having it all in peaceful and scenic southeast Asheville, while having easy access to all the area has to offer. Village Park is a highly desirable gated community, that is just beautiful, very friendly, community oriented, and walkable. THE VIEWS are breathtaking and can be taken in from all 4 bedrooms. An open floor plan with vaulted ceilings and large picture windows ensures you can take in the mountains from anywhere in the home. On the main floor there is the primary bedroom privately located on one side of the home that includes a remarkable en suite with radiant heated floors, and a large custom walk-in closet. There is a secondary bedroom on the other side of the main floor that has its own ensuite as well. All of the main floor is connected with an expansive covered deck facing the vast mountain views. Downstairs is a media room, 2 bedrooms, and a full bath. This luxurious design had custom, low maintenance, efficiency, and handcrafted in mind; inspired by nature. The builder and designer wanted this to be a special, one of a kind, modern mountain home, and they exceeded. Please ask your agent to share with you the features list that has been provided with the listing. Book your showing now - you won't regret getting to see this one in person.

93 Village Pointe Lane, Asheville

Listing courtesy of Looking Glass Realty, Hendersonville. amee@lookingglassrealty.com

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