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8 Elk Mountain RoadAsheville, NC 28804MLS Number CAR3545028

  • Sale Price: $611,000The price has recently decreased
  • Listed at $649,000
  • 253 Days Since Sale
Price Down Payment Interest Rate Years

Est. Mortgage: $/month

Federal 30-year interest rate: 2.96% last updated on 2020-08-13

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

8 Elk Mountain Road Asheville NC 28804
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  • 3766Square Feet
  • 1.3Acreage
  • 2003Year Built
  • YForeclosure
Fabulous former office building has been converted into a profitable VRBO. Basically three units. First upstairs, 5 bedroom 2 and 1/2 bath. a 2nd unit with 5 bedrooms 2 baths and a third unit is an apartment with 2 bedrooms and 1 bath both downstairs. All of them can be easily connected for a total of 12 bedrooms and 5 baths for larger parties. Lack of bedrooms in the MLS is do to lack of closets there are only 3 closets. Tasteful decor, convenient location, established clientele, over 20 parking spaces, all appliances and personal property included. Price also includes pin number 9730-73-4056 for a total of 1.3 acres. cut and paste Airbnb. https://www.airbnb.com/rooms/28431354adults=14&source_impression_id=p3_1567003612_ZPHrjig%2F062cVJ7s https://www.airbnb.com/rooms/28431397?adults=14&source_impression_id=p3_1567004037_I3JKZiSabLRxiCqC VRBO https://www.vrbo.com/1529336?unitId=2088135 https://www.vrbo.com/815612?unitId=1363550 https://www.vrbo.com/1041508?unitId=1589628

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Basic Information

  • ForeclosureY
  • List Price$649,000
  • MLS NumberCAR3545028
  • MLS StatusClosed
  • Property SubTypeOther
  • Sale Date12/05/2019
  • Sale Price$611,000


  • Flooring Carpet, Tile, Wood

Property Information

  • Gross Income $92,000
  • Gross Scheduled Income $92,000
  • Inclusions Building, Business, Equipment, Fixtures, Land, Other
  • Number Of Buildings 1
  • Operating Expense $19,600


  • Building Number8
  • CountyBuncombe
  • Cross Street Mulberry
  • Directions I-26 to Woodfin Exit Take right to property on Right. Sign
  • StateNC
  • StreetElk Mountain Road
  • Zip28804


  • Roof Shingle


  • Cooling Central Air
  • Heating Central, Electric
  • Utilities Cable Available, City Sewer, City Water, Electricity Available, Other


  • Elevation 2000
  • Foundation Details Block, Crawl Space
  • Square Feet3766
  • Stories2
  • Year Built2003


  • Acreage1.3
  • Lot Size Dimensions 0.79
  • Parking Spaces25
  • Units12


  • View Count18

Your Local Office

WNC Mountain Realty
23 Songbird Lane
Weaverville NC, 28787

Office: 828-231-3117

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