7 Beds

4 Full baths

3,475 SqFt


Fantastic investor opportunity with tremendous cash-flow. Projected to bring in between $125k-$145k in revenue this year!!!! The parcel may have additional lots to develop. Feel like you're staying in the mountains while being only minutes to downtown Asheville! These two 1931 log cabins on 3.9 acres have been meticulously remodeled and designed to blend Asheville's rich history with an updated style, perfect to host group getaways. The property has two structures, a duplex unit and the lodge, just steps apart. The duplex features an upstairs and downstairs unit each with their own separate entrance. The upstairs unit of the duplex has a living room, kitchen, bathroom and laundry area with a king bedroom and a bedroom with two twin beds. The downstairs unit also has a living room, kitchen and bathroom with two queen bedrooms. Just steps across the parking area you will find the lodge, with three bedrooms, three bathrooms and enough common space for large groups.

Property Details
Price $1,295,000
Bedrooms 7
Full Baths 4
Half Baths 1
Property Style Cabin
Lot Size Area 3.9
Lot Size Area Units Acres
Property Type MultiFamily
Sub type Triplex
MLS Sub type Triplex
Year Built 1932
Subdivision Pine Burr Park
Roof Fiberglass
Heating Heat Pump, Propane
Foundation Other - See Remarks
Lot Description Hilly, Private, Sloped, Wooded
Laundry Features In Unit
Parking Description Driveway
Geographic Data
County Buncombe
Latitude 35.656087
Longitude -82.577966
Address Information
Address 116 & 118 Naples Road, Asheville, NC 28804
Postal Code 28804
City Asheville
State NC
Country United States
Listing Information
Listing Office Blueblaze Real Estate Group LLC
Listing Office Phone 828-273-3349
Listing Agent David Bluth
Listing Agent Phone 828-273-3349
Special listing conditions None
School Information
Elementary School Unspecified
Middle School Unspecified
High School Unspecified
MLS Information
Days on market 47
MLS Status Active
Listing Date Mar 29, 2023
Listing Last Modified May 26, 2023
Tax ID 9731-72-3887-00000
MLS # CAR4015579

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This information is believed to be accurate, but without any warranty.