For Sale $874,900
Back on Market - Buyer's financing fell through (no fault to seller). Nestled on 0.62 acres of flat, usable land with mountain views, this multi-family property offers a fantastic investment opportunity with 4+ units AND 2 RV pads with full hookups. The 4504sf house is a well-built Craftsman manor, has many updates (new roof!), on city water/sewer. This is: 1) a turnkey business that is currently generating approximately $9,000 / month for this seller 2) It also offers much needed affordable housing for up to 13 people; 3) It's set up to generate a sense of community and living among residents, making it easier to manage; 4) It’s just 15 minutes from the heart of downtown Asheville; 5) The owner is happy to offer practical support to the next steward, if desired. All the furnishings provided to tenants convey - from beds to kitchenware, as well as all appliances, outdoor furniture, etc. Plus, the high-speed, property-wide internet system stays! Why selling? The owner loved living in this “unintentional” community, never thought she’d leave, and thus generously upgraded it over time. However, she got married last year, and after 21 years, it’s simply time for her to move on.
| List Price: | $874,900 |
| Status: | For Sale |
| Bedrooms: | 9 |
| Type: | Fourplex |
| Parking: | Driveway |
| MLS Number: | CAR4243958 |
| Subdivision: | None |
| Style: | Farmhouse, Traditional |
| Lot Description: | Cleared, Green Area, Level |
| Year Built: | 1915 |
| Sewer Type: | Public Sewer |
| Elementary: | Hominy Valley/Enka |
| Middle: | Enka |
| High: | Enka |
| Date | Event | Price | $/SQFT |
| 11-25-2025 | Relisted | $874,900 | N/A |
| 10-12-2025 | Under Contract | $874,900-0.47% | N/A |
| 06-14-2025 | Listed | $879,000 | N/A |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Invest Collegiate (Buncombe) | 5 miles | KG-06 | 8 |
| Vance Elementary | 6 miles | KG-05 | 9 |
| Francine Delany New School for Children | 6 miles | KG-06 | 9 |
| Hall Fletcher Elementary | 7 miles | PK-05 | 2 |
| Isaac Dickson Elementary | 8 miles | PK-05 | 9 |
| William W Estes Elementary | 9 miles | KG-05 | 8 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 11 Old Candler Town Road, Candler NC | 0 mi | $874,900 | days | |
| 53 Haly Ho Drive, Candler NC | 0.2 mi | $424,000 | days | |
| 3 Bridgeway Drive, Candler NC | 0.2 mi | $1,745,000 | days | |
| 33 Haly Ho Drive, Candler NC | 0.3 mi | $489,900 | days | |
| 18 Birdsong Lane, Candler NC | 0.4 mi | $525,000 | days | |
| 20 Lindsey Road, Candler NC | 0.4 mi | $345,000 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
| Property Taxes |
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By Keller Williams Professionals
11 Old Candler Town Road, Candler NC is a ft2 on a 0.620 acres lot. This is for $874,900. This has 9 bedrooms, baths, and was built in 1915.
Based on information submitted to the MLS GRID as of 2025-06-14 10:05:50 EST. 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. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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