460 Elk Mountain Scenic Highway, Asheville, NC 28804

$2,700,000
4
BD
4
BA
1,904
SqFt
List Price
$2,700,000
MLS#
CAR3935335
Status
ACTIVE
Days on Market
59
Property Type
Residential
Distressed Property
Yes
Year Built
1953
Bedrooms
4
Bathrooms
4
Full Baths
3
Half Baths
1
Lot Size
121,967
Lot Size Area
2.8
Living Area
1,904
Sq Ft Total
1904
County
Buncombe
Subdivision
none
Special Conditions
Subject to Lease

Property Description

Single family w/detached in-law suite & separate cottage nestled on Elk Mountain Scenic Hwy, offering enchanting grounds & expansive East, South & West views of DT Asheville & the mountains beyond. Incredible opportunity for passive income w/3 separate dwellings. The Appalachian main house features architecturally renovated spaces w/stunning kitchen, 3BRs, plus home office; Rustic elegance w/a soothing blend of natural elements & old-world charm. Two turn-key cottages offer endless possibilities for renting. Grossing an avg of $137,200/year (cottage & suite only), the cottages offer like-new construction w/gracious finishes, open decks, hot tub, & endless views across the Beaverdam Valley. No restrictions on short-term renting 1, 2 or all 3 units. Enjoy sunset views, a beautiful park-like setting, 2 garages & endless potential: Live, rent, expand, retire w/security! 10min to the Blue Ridge Pkwy & 10min to DT Asheville. https://iframe.videodelivery.net/08fb2176ec58296f621d2b3f4e72d455

Additional Information

Fireplace
Yes
Interior Features
Breakfast Bar, Hot Tub, Kitchen Island
Floor Coverings
Brick, Carpet, Tile, Wood
Equipment
Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Hood, Gas Oven, Gas Range, Propane Water Heater, Refrigerator, Tankless Water Heater, Washer
Foundation
Crawl Space, Slab
Main Level Rooms
Bathroom-Full
Laundry Location
Laundry Closet, Main Level, Other - See Remarks
Heating
Ductless, Electric, Forced Air, Heat Pump, Propane
Water
Shared Well, Well
Sewer
Septic Installed
Exterior Construction
Brick Full, Fiber Cement, Stone, Wood
Roof
Shingle, Tile
Parking
Driveway, Detached Garage, Parking Space(s)
Driveway
Gravel, Paved
Lot Description
Open Lot, Paved, Rolling Slope
Elementary School
Asheville City
Middle School
Asheville
High School
Asheville
Zoning
R-1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Premier Sotheby’s International Realty. Contact:

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