For Sale $825,000
ICONIC, COOL AND UNIQUE property ready for its next chapter! If you travel Elk Mountain Road from I-26 to the river, you know this one. The 1948 building hosts a cool 2 BR apartment on the upper level. Original wood floors, woodwork, and ample windows make this one a true charmer! A large sunroom and front deck for entertaining, and a private back porch with long-range mountain views. Perfect for repurposing into a larger home or continue to use the main or both levels for retail, gallery spaces, so many options! Located along Elk Mountain Rd, the home is conveniently situated between I-26 and the river. Come check this one out and see what you can imagine for living and income in the same spot! Corner location with plenty of road frontage and parking for you, customers, and tenants (current tenants on one year lease); 4,671sf and an additional, brand new 12x12 storage shed not shown on the floor plan. 8’3” ceilings in main level retail spaces, 7’7” on the upper level. New roof 2024.
Storage
Entrance Foyer, Kitchen Island, Storage, Other - See Remarks
| List Price: | $825,000 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1540 sqft |
| Parking: | Parking Lot, Parking Space(s), Shared Driveway |
| MLS Number: | CAR4219629 |
| Subdivision: | none |
| Style: | Other |
| Bathrooms: | 4 |
| Lot Description: | Corner Lot, Level, Views |
| Year Built: | 1948 |
| Sewer Type: | Public Sewer |
| Elementary: | Woodfin/Eblen |
| Middle: | Clyde A Erwin |
| High: | Clyde A Erwin |
| Date | Event | Price | $/SQFT |
| 07-03-2025 | Under Contract | $825,000 | $536 |
| 05-21-2025 | Listed | $825,000 | $536 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Ira B Jones Elementary | 2 miles | PK-05 | 8 |
| Claxton Elementary | 3 miles | KG-05 | 6 |
| Isaac Dickson Elementary | 3 miles | PK-05 | 9 |
| Vance Elementary | 4 miles | KG-05 | 9 |
| Hall Fletcher Elementary | 4 miles | PK-05 | 2 |
| Francine Delany New School for Children | 4 miles | KG-06 | 9 |
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 |
| 115 Elk Mountain Road, Asheville NC | 0 mi | $825,000 | days | |
| 9 Snyder Drive, Asheville NC | 0.2 mi | $315,000 | days | |
| 31 Snyder Drive, Woodfin NC | 0.2 mi | $310,000 | days | |
| 33 Parkwood Avenue, Asheville NC | 0.2 mi | $399,000 | days | |
| 12 Washington Avenue, Asheville NC | 0.2 mi | $575,000 | days | |
| 31 Skyland Circle, Asheville NC | 0.2 mi | $599,000 | 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)
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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 Mackey Realty LLC
115 Elk Mountain Road, Asheville NC is a 1540 ft2 on a 0.199 acres lot. This is for $825,000. This has 2 bedrooms, 4 baths, and was built in 1948.
Based on information submitted to the MLS GRID as of 2025-05-21 10:25:21 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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