Active

24 Ian River Drive

Asheville, NC 28806

$495,000 $2,086/Mo

Get Pre-Approved Check your credit

Overview

Bed

Bath

588

Sqft

2.31

Acres(Lot)

Description

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.

Property Details

Property Type : Residential

Price : $495,000

AD Id : 68525714

MLS Id : CAR4316888

Beds : 1

Lot Size : 2.31 Acres

Living Area Size : 588

Year Built : 1980

County : Buncombe

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedroom: 1

Bathroom Information

Total Baths: 1 Full Baths: 1

Interior Features

Appliances: Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator Laundry Features: In Kitchen, Main Level
Flooring Information

Flooring: Wood Construction Materials: Vinyl
Heating & Cooling

Heating: Heat Pump Cooling: Central Air WaterSource: Shared Well

Building Information

Year Built: 1980

Lot Information

Lot Description: Cleared, Level Lot Size Area: 2.31 acre

Property Information

Property Type: Residential Sub Type: Single Family Residence Style: Cottage

Listing Price Information

Original List Price:$525000

Tax Information

Tax Assessed Value: 622900 Parcel Number: 9627-59-4429-00000

Parking Information

Driveway

School Information

Elementary School: Sand Hill-Venable/Enka Junior High School: Enka Senior High School: Enka
Utility Information

Sewer: Septic Installed Water Source: Shared Well
Location Information

Subdivision: none City: Asheville

Sell a home like this and save $29,201 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Loading, please wait...

Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
26 Upstream Way, Asheville, NC, 28806	$1,650,000	4	5	3,089	3,089 SqFt
1 Detroit Avenue, Asheville, NC, 28806	$399,000	3	2	1,008	1,008 SqFt
23 Peace Street, Asheville, NC, 28806	$400,000	2	2	1,038	1,038 SqFt
127 Alma Lane, Asheville, NC, 28806	$734,000	4	4	2,565	2,565 SqFt
112 Alma Lane, Asheville, NC, 28806	$689,000	3	4	2,101	2,101 SqFt
63 Beverly Road, Asheville, NC, 28806	$540,000	2	2	1,122	1,122 SqFt
190 Joyner Avenue, Asheville, NC, 28806	$455,000	2	2	1,040	1,040 SqFt
156 Bradley Street, Asheville, NC, 28806	$650,000	3	3	1,909	1,909 SqFt
100 Bradley Street, Asheville, NC, 28806	$379,900	2	1	970	970 SqFt
107 Bradley Street, Asheville, NC, 28806	$179,900	3	1	--

Similar Homes To 24 Ian River Drive

Nearby For Sale

Active

$1,200,000

Home For Sale

0000 New Leicester Highway,
Asheville, NC, 28806

Bed

Bath

Sqft

Acres(Lot)

99999 Merrills Cove Road #1 3,
Asheville, NC, 28803

Bed

Bath

Acres(Lot)

87 Glendale Avenue,
Asheville, NC, 28803

Bed

Bath

Sqft

Acre(Lot)

104 Maney Avenue,
Asheville, NC, 28804

Bed

Bath

Sqft

Acre(Lot)

108 Lakewood Drive,
Asheville, NC, 28803

Bed

Bath

2,271

Sqft

1.38

Acres(Lot)

Disclaimer: The information being provided courtesy of CAROLINA (Canopy MLS) as distributed by MLS GRID and is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the CAROLINA (Canopy MLS). ByOwner.com is not a Multiple Listing Service (MLS), nor does it offer MLS access. ByOwner.com is a broker participant of CAROLINA (Canopy MLS). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

Based on information submitted to the MLS GRID as of 06/16/2026 @ 06:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Properties displayed may be listed or sold by various participants in the MLS.
Click here for Consumer use of IDX Listings Disclaimer

Consumer use of IDX Listings Disclaimer: Based on information submitted to the MLS GRID as of 06/16/2026 @ 06:20. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Click here for DMCA Notice

DMCA Notice: The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
“The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

ByOwner last updated this listing 06/16/2026 @ 06:20

MLS: CAROLINA #4316888 LISTED BY: Preston Mayfield, Keller Williams Professionals 828-669-5220 SOURCE: CAROLINA (Canopy MLS) (Listings courtesy of CAROLINA (Canopy MLS) as distributed by MLS GRID)