12 Peeler Drive, Asheville, NC 28803

$555,000
4
BD
3
BA
1,661
SqFt

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Listing courtesy of Howard Hanna Beverly-Hanks Fletcher. lauren.reinhardt@allentate.com

List Price
$555,000
MLS#
4411996
Status
ACTIVE
Days on Market
28
Property Type
Residential
Year Built
2001
Price Change
▼ $25,000 1787688826
Bedrooms
4
Bathrooms
3
Full Baths
2
Half Baths
1
Lot Size
7,405
Lot Size Area
0.17
Living Area
1,661
Sq Ft Total
1661
County
Buncombe
Subdivision
Twin Springs
Special Conditions
None

Property Description

Location, flexibility, and income potential come together in this versatile Asheville property. Just 4 miles from downtown Asheville, this two-living-space property offers an exciting opportunity for buyers seeking rental income, a guest suite, multigenerational living, or a flexible space to work from home. The main residence offers 1,661 square feet with four bedrooms and 1.5 baths, an updated kitchen, and new flooring in the kitchen and dining areas. Outside, enjoy a low-maintenance composite front deck and rear deck and patio overlooking a lush, private setting. A partially fenced side yard with fruit trees and established landscaping adds to the property's appeal, while a rear storage shed provides convenient additional space. The recently remodeled 808-square-foot lower-level studio apartment is where the income potential really shines. With two exterior entrances, the apartment offers privacy, flexibility, and easy access for tenants, guests, or extended family, making it especially appealing for those looking to generate rental income or create a separate living space. Updates include new flooring, drywall, paint, refrigerator, mini-split, and lighting, along with a full bath and kitchenette, creating a move-in-ready opportunity for generating additional income. Additional home improvements include a 2023 roof replacement, 2025 water heater, French drain, gutter guards, and recently painted exterior. With a desirable Asheville location and two separate living spaces, this property offers options and the potential to offset ownership costs through rental income.

Additional Information

Equipment
Dishwasher, Disposal, Dryer, Dual Flush Toilets, Electric Oven, Electric Range, Electric Water Heater, Exhaust Fan, Exhaust Hood, Refrigerator, Washer/Dryer
Foundation
Basement
Main Level Rooms
Kitchen
Laundry Location
In Hall, Laundry Closet
Heating
Ductless, Heat Pump
Water
City
Sewer
Public Sewer
Exterior Features
Fire Pit
Exterior Construction
Hard Stucco, Vinyl
Roof
Architectural Shingle
Parking
Driveway
Driveway
Concrete, Paved
Lot Description
Orchard(s)
Elementary School
Oakley
Middle School
AC Reynolds
High School
AC Reynolds
Zoning
RS8
Total Property HLA
1661

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Calculator source: Real Geeks

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