119 & 127 Deer Hill Lane, Weaverville NC
- 8.1 ac
For Sale $2,075,000
Remarks:
Turnkey Mountain STR Investment | Weaverville, NC 8.05 Acres | 5 Operating Rentals + 6th Unit Included at Closing | $238,747 Projected Year 1 Gross Revenue with Sixth Unit Added Exceptional opportunity to acquire an established, income-producing short-term rental retreat just minutes from downtown Weaverville and approximately 15 minutes from Asheville. Situated on 8.05 acres across two parcels, this turnkey property combines five operating vacation rentals, mountain views, extensive guest amenities, and substantial expansion potential. The five existing rental units include three log cabins, a charming tiny home, and a beautifully appointed 3-bedroom luxury residence. All five units are currently marketed on Airbnb, with seller-provided rental history and payout documentation available for review. The seller will construct a sixth rental unit, a second tiny home, prior to closing at no additional cost to the buyer. Established Rental Portfolio Three log cabins: Approximately 450 SF each, featuring full kitchens, sleeping lofts, private hot tubs, metal roofs, and secluded back porches. One existing tiny home: Approximately 240 SF, with established short-term rental operations and a private hot tub. Luxury main residence: 2,447 SF with 3 bedrooms, 3.5 bathrooms, year-round west-facing mountain views, and spectacular sunsets. Entered the STR rental pool in 2026. Sixth rental unit: Seller to construct a second tiny home before closing, included in the purchase price. The main residence features vaulted ceilings, an open floor plan, a chef's kitchen with quartz countertops and KitchenAid appliances, three ensuite bedrooms, a bonus loft, infrared sauna, multiple covered outdoor living spaces, and a six-person hot tub. All furnishings, fixtures, and equipment convey, including an electric utility vehicle. Property & Guest Amenities 8.05 acres across two parcels Year-round mountain views from the main residence and seasonal views throughout much of the property Private hot tubs serving all five existing rental units Wide, gently graded driveway and ample guest parking Commercial well and multiple septic systems EV charger and 50-amp RV hookup Multiple storage sheds, including one with washer/dryer hookups Mini-farm setting with goat and chicken enclosures Established cleaning service potentially available to new ownership Open Use zoning, subject to applicable regulations Expansion & Revenue Potential The property offers opportunities for continued growth beyond the sixth unit. Seller-reported improvements include additional prepared building sites, installed septic infrastructure, electrical service, and drainage. Plans are available for two additional 2-bedroom accommodations or a 4-bedroom residence, subject to applicable approvals and site-specific capacity. Additional opportunities include expanding distribution beyond Airbnb to platforms such as VRBO and Booking.com, evaluating pet-friendly accommodations, and enhancing guest amenities with recreational facilities, wellness features, or outdoor gathering spaces.
Exterior Features:
Above Ground Hot Tub / Spa
General Information:
| List Price: | $2,075,000 |
| Status: | For Sale |
| Type: | Portfolio |
| Parking: | Driveway |
| MLS Number: | CAR4393387 |
| Lot Description: | Level, Private, Sloped, Wooded |
| Year Built: | 2010 |
| Sewer Type: | Septic Installed |
Assigned Schools:
| Elementary: | North Buncombe/N. Windy Ridge |
| Middle: | North Buncombe |
| High: | North Buncombe |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 10-22-2026 | Price Decrease | $2,075,000-3.44% | N/A |
| 07-12-2026 | Listed | $2,149,000 | N/A |
| 11-16-2025 | Price Decrease | $625,000-6.02% | N/A |
| 10-17-2025 | Price Decrease | $665,000-1.48% | N/A |
| 09-12-2025 | Listed | $675,000 | N/A |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Ira B Jones Elementary | 7 miles | PK-05 | 8 |
| Mars Hill Elementary School | 8 miles | KG-05 | 8 |
| Claxton Elementary | 9 miles | KG-05 | 6 |
| Isaac Dickson Elementary | 9 miles | PK-05 | 9 |
| Brush Creek Elementary School | 10 miles | KG-05 | 7 |
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.
Properties For Sale Nearby
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 |
| 119 & 127 Deer Hill Lane, Weaverville NC | 0 mi | $2,075,000 | days | |
| 15 Willow Knolls Drive, Weaverville NC | 0.3 mi | $650,000 | days | |
| 84 Gracie Lane, Weaverville NC | 0.4 mi | $1,100,000 | days | |
| 90 Gracie Lane, Weaverville NC | 0.5 mi | $1,295,000 | days | |
| 28 Gracie Lane, Weaverville NC | 0.5 mi | $1,250,000 | days | |
| 15 Village Green Drive, Alexander NC | 0.6 mi | $699,900 | days |
Sold Properties Nearby
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 |
Commute Distance & Time
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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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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28787
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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.
Property Listing Information
A Courtesy Listing Provided By Keller Williams Professionals
119 & 127 Deer Hill Lane, Weaverville NC is a ft2 on a 8.050 acres lot. This is for $2,075,000. This has bedrooms, baths, and was built in 2010.
Based on information submitted to the MLS GRID as of 2026-07-12 09:35:06 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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Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
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