12 Peeler Drive, Asheville NC
- 4 Bed
- 3 Bath
- 1661 ft2
- 0.2 ac
For Sale $555,000
Remarks:
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.
Exterior Features:
Fire Pit
General Information:
| List Price: | $555,000 |
| Status: | For Sale |
| Bedrooms: | 4 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1661 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4411996 |
| Subdivision: | Twin Springs |
| Bathrooms: | 3 |
| Lot Description: | Orchard(s) |
| Year Built: | 2001 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Oakley |
| Middle: | AC Reynolds |
| High: | AC Reynolds |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 08-25-2026 | Price Decrease | $555,000-4.31% | $335 |
| 08-13-2026 | Listed | $580,000 | $350 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Oakley Elementary | 0 miles | KG-05 | 4 |
| Charles C Bell Elementary | 2 miles | KG-05 | 8 |
| Haw Creek Elementary | 2 miles | KG-05 | 7 |
| Evergreen Community Charter | 3 miles | KG-06 | 8 |
| Hall Fletcher Elementary | 4 miles | PK-05 | 2 |
| Isaac Dickson Elementary | 4 miles | PK-05 | 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.
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 |
| 12 Peeler Drive, Asheville NC | 0 mi | $555,000 | days | |
| 10 McTindal Circle, Asheville NC | 0.1 mi | $384,000 | days | |
| 18 Mctindal Circle, Asheville NC | 0.1 mi | $325,000 | days | |
| 35 Alice Clement Lane, Asheville NC | 0.1 mi | $499,000 | days | |
| 63 Wilmington Road, Asheville NC | 0.1 mi | $450,000 | days | |
| 89 Oakley Road, Asheville NC | 0.2 mi | $665,000 | 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 28803
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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.
Property Listing Information
A Courtesy Listing Provided By Howard Hanna Beverly-Hanks Fletcher
12 Peeler Drive, Asheville NC is a 1661 ft2 on a 0.170 acres lot. This is for $555,000. This has 4 bedrooms, 3 baths, and was built in 2001.
Based on information submitted to the MLS GRID as of 2026-08-13 10:05:21 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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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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