For Sale $600,000
Unlock a rare high-yield investment opportunity in the sought-after Enka area of Asheville. Situated on 2.06 acres, this versatile property includes a single-family home plus five mobile home lots—three with existing homes included—offering multiple income streams and significant upside potential. Based on previous and current market rent projections, the property has the potential to generate approximately $85,200 annually in its current state, with estimated expenses of ~$11,470/year, resulting in a projected NOI of nearly $74,000. Value-add opportunities include increasing below-market rents, filling two vacant mobile home pads, and leasing the garage/shop for additional income. Light improvements such as paint, flooring, and system updates could further enhance rental performance and overall value. Conveniently located just 5 minutes to Brevard Road and Asheville Outlets, 10 minutes to North Carolina Arboretum and Blue Ridge Parkway access, and 15 minutes to Downtown Asheville, this property offers strong rental demand drivers and long-term growth potential. Main home does not currently have a functioning heat source. A compelling opportunity for investors seeking to create value and build cash flow in one of Asheville’s most accessible and desirable areas.
| List Price: | $600,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Parking: | Driveway, Attached Garage |
| MLS Number: | CAR4361526 |
| Subdivision: | none |
| Style: | Bungalow, Cottage |
| Bathrooms: | 1 |
| Lot Description: | Cleared, Level, Open Lot, Private, Wooded |
| Year Built: | 1961 |
| Sewer Type: | Shared Septic |
| Elementary: | Sand Hill-Venable/Enka |
| Middle: | Enka |
| High: | Enka |
| Date | Event | Price | $/SQFT |
| 05-06-2026 | Listed | $600,000 | N/A |
| 04-04-2026 | Listed | $180,000 | N/A |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Invest Collegiate (Buncombe) | 1 miles | KG-06 | 8 |
| Francine Delany New School for Children | 3 miles | KG-06 | 9 |
| Vance Elementary | 3 miles | KG-05 | 9 |
| Hall Fletcher Elementary | 4 miles | PK-05 | 2 |
| Isaac Dickson Elementary | 5 miles | PK-05 | 9 |
| William W Estes Elementary | 6 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 |
| 135 Sardis Drive, Asheville NC | 0 mi | $600,000 | days | |
| 8 Linda Vista Drive, Asheville NC | 0.2 mi | $349,000 | days | |
| 44 Pacifico Drive, Asheville NC | 0.4 mi | $590,000 | days | |
| 39 Pacifico Drive, Asheville NC | 0.4 mi | $689,000 | days | |
| 19 Pacifico Drive, Asheville NC | 0.5 mi | $644,000 | days | |
| 26 Ocaso Drive, Asheville NC | 0.6 mi | $685,000 | 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
135 Sardis Drive, Asheville NC is a 0 ft2 on a 2.060 acres lot. This is for $600,000. This has 3 bedrooms, 1 baths, and was built in 1961.
Based on information submitted to the MLS GRID as of 2026-05-06 10:20:56 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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