24 Ian River Drive, Asheville, NC 28806
Local realty services provided by:ERA Live Moore
Listed by: preston mayfield
Office: keller williams professionals
MLS#:4316888
Source:CH
24 Ian River Drive,Asheville, NC 28806
$495,000
- 1 Beds
- 1 Baths
- 588 sq. ft.
- Single family
- Active
Price summary
- Price:$495,000
- Price per sq. ft.:$841.84
About this home
Located in the rapidly appreciating foothills of West Asheville, this exceptional 2.31-acre estate represents a rare "buy and hold" opportunity that perfectly pairs immediate, high-performing cash flow with massive long-term development upside. At the heart of the property sits a beautifully renovated, fully turnkey 1-bedroom, 1-bathroom cottage that effortlessly defines "mountain modern" living. Inside, the home boasts a bright, open-concept layout with updated appliances and crisp contemporary finishes, while the oversized viewing deck serves as an outdoor living room with a front-row seat to long-range mountain sunsets. Generating revenue from day one, the cottage is ideally suited as a premier short-term rental, a chic primary residence, or a proven long-term income producer.
Beyond the immaculate home lies the property's true crown jewel: 2.31 acres of expansive, mostly cleared, and gently rolling land. Zoned for Low-Density Multifamily, this highly scalable acreage is a developer’s dream or a homeowner’s private sanctuary, offering ample room to build additional dwellings, guest houses, or a private family compound. The "easy-build" gentle slope significantly reduces future site-prep costs, and the property comes equipped with practical infrastructure, including extensive parking for multiple vehicles or equipment and a large central storage shed perfect for a workshop conversion. Positioned to offer a peaceful, "deep-woods" feel without isolation, the estate is located less than 10 minutes from the breweries and boutiques of Haywood Road, and under 15 minutes from the world-class culinary scene of Downtown Asheville. Ultimately, this is a highly strategic acquisition for the forward-thinking buyer who recognizes the unmatched value of combining immediate cash flow with smart, equity-rich land banking in Western North Carolina....
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Home facts
- Year built:1980
- Listing ID #:4316888
- Updated:July 01, 2026 at 01:26 PM
Rooms and interior
- Bedrooms:1
- Total bathrooms:1
- Full bathrooms:1
- Flooring:Wood
- Kitchen Description:Electric Oven, Electric Range, Microwave, Refrigerator
- Living area:588 sq. ft.
Heating and cooling
- Cooling:Heat Pump
- Heating:Heat Pump
- Central air:Yes
Structure and exterior
- Year built:1980
- Building area:588 sq. ft.
- Lot area:2.31 Acres
- Lot Features:Cleared, Level
- Architectural Style:Cottage
- Construction Materials:Vinyl
- Foundation Description:Crawl Space
Schools
- High school:Enka
- Elementary school:Sand Hill-Venable/Enka
Utilities
- Water:Shared Well
- Sewer:Septic (At Site)
Finances and disclosures
- Price:$495,000
- Price per sq. ft.:$841.84
Features and amenities
- Laundry features:In Kitchen, Main Level
Parking
- Parking description:Driveway
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