15 and 16 Cottage Drive, Asheville NC
- 2 Bed
- 0.2 ac
For Sale $425,000
Remarks:
Turn-Key Cash-Flow Opportunity Minutes from Asheville’s Major Hospitals. Positioned just minutes from both the VA Hospital and Mission Hospital, this rare dual-property package offers a high-demand cash-flow opportunity in historic Homeland Park—Asheville’s original 1930s tiny home community. Offered fully furnished and equipped for immediate income generation, these two renovated studio cottages boast a proven track record of solid rental income as turn-key 30-day rentals, making them ideal for traveling medical professionals and mid-term tenants. Each efficient living space features modern vinyl plank flooring, mini-split HVAC systems, in-unit washer/dryers, and private back decks surrounded by greenery, with 15 Cottage Drive offering the added bonus of off-street parking and a storage shed. Live in one and rent the other or rent both. Unbeatably located near Downtown Asheville, Black Mountain, and the Blue Ridge Parkway, 15 Cottage Drive is offered exclusively only as a package deal paired with 16 Cottage Drive (MLS# 4280433). Income and expense reports available upon request.
Interior Features:
Open Floorplan
General Information:
| List Price: | $425,000 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Duplex |
| Parking: | Driveway, Parking Space(s) |
| MLS Number: | CAR4392051 |
| Subdivision: | Homeland Park |
| Style: | Cabin, Cottage |
| Lot Description: | Wooded |
| Year Built: | 1930 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Charles C Bell |
| Middle: | AC Reynolds |
| High: | AC Reynolds |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 09-19-2026 | Price Decrease | $425,000-4.28% | N/A |
| 08-14-2026 | Price Decrease | $444,000-1.11% | N/A |
| 06-21-2026 | Listed | $449,000 | N/A |
| 01-07-2026 | Price Decrease | $999,999-9.09% | N/A |
| 08-17-2025 | Listed | $1,100,000 | N/A |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Charles C Bell Elementary | 0 miles | KG-05 | 8 |
| Haw Creek Elementary | 1 miles | KG-05 | 7 |
| Evergreen Community Charter | 1 miles | KG-06 | 8 |
| Oakley Elementary | 2 miles | KG-05 | 4 |
| ArtSpace Charter School | 4 miles | KG-06 | 8 |
| Claxton Elementary | 4 miles | KG-05 | 6 |
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 |
| 15 and 16 Cottage Drive, Asheville NC | 0 mi | $425,000 | days | |
| 16 Cottage Drive, Asheville NC | 0 mi | $214,000 | days | |
| 24 Rhododendron Drive, Asheville NC | 0 mi | $265,000 | days | |
| 11 Pinewood Road, Asheville NC | 0 mi | $289,900 | days | |
| 4 Arbutus Road, Asheville NC | 0.1 mi | $190,000 | days | |
| 468 Governors View Road, Asheville NC | 0.1 mi | $425,000 | 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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| H.O.A. / Maintenance |
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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28805
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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 Mosaic Community Lifestyle Realty
15 and 16 Cottage Drive, Asheville NC is a ft2 on a 0.190 acres Wooded lot. This is for $425,000. This has 2 bedrooms, baths, and was built in 1930.
Based on information submitted to the MLS GRID as of 2026-06-21 09:56:22 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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