223 Davidson Road, Swannanoa, NC 28778
Local realty services provided by:ERA Live Moore
Listed by: anna peddy
Office: preferred properties
MLS#:4322798
Source:CH
223 Davidson Road,Swannanoa, NC 28778
$425,000
- 2 Beds
- 2 Baths
- 513 sq. ft.
- Single family
- Active
Price summary
- Price:$425,000
- Price per sq. ft.:$828.46
About this home
Excellent Opportunity in Swannanoa!
Whether you’re looking for a home that offers flexibility and extra income or a smart investment property, this versatile home fits the bill. Peaceful country setting just minutes from Warren Wilson College, scenic trails, and community parks—and only 12 minutes to both downtown Black Mountain and Asheville—this location perfectly blends convenience and charm.
The updated upper-level unit features a bright 1-bedroom, 1-bath studio layout with a cozy living area, a charming kitchen, and a private balcony off the bedroom. Furniture can stay! The lower-level unit, newly renovated and twice the size of the upper, includes a spacious bedroom and sitting area, a well-appointed kitchen with eat-in dining space, an office nook, and an updated bathroom.
Both units share a convenient laundry area with exterior access. Additional storage abounds with three separate spaces—a large two-story shed beside the home, a smaller backyard shed, and an attached storage area on the lower level.
This property can also function as a single-family residence: the interior staircase that once connected the two levels could be reinstalled, with the understanding that doing so would require reconfiguration of the bathroom and hot water heater in the lower unit. Alternatively, enjoy one level as your home while renting the other for additional income.
The current owners have provided a P&L statement for the upper unit, and the newly completed lower unit offers even greater income potential. See attached P&L for details.
Bonus: An assumable USDA loan at 2.6% (approx. $215,000 balance) offers qualified buyers the chance to step into a low-rate mortgage!
Contact an agent
Home facts
- Year built:2002
- Listing ID #:4322798
- Updated:November 20, 2025 at 12:36 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Living area:513 sq. ft.
Heating and cooling
- Cooling:Ductless
- Heating:Baseboard, Ductless
Structure and exterior
- Roof:Metal
- Year built:2002
- Building area:513 sq. ft.
- Lot area:0.52 Acres
Schools
- High school:Unspecified
- Elementary school:Unspecified
Utilities
- Sewer:Septic (At Site)
Finances and disclosures
- Price:$425,000
- Price per sq. ft.:$828.46
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