17 Hat Creek Drive, Asheville NC
- 4.0 ac
For Sale $1,050,000
Remarks:
PLEASE NO DRIVE-BYl Exceptional investment opportunity in Asheville! This fully leased property offers five income-producing homes across three adjacent PINs, including three singlewide and two doublewide homes — all with strong rental history and reliable tenants. With immediate income from day one and room for future development, this property combines stability, versatility, and long-term potential. Each home is well maintained and thoughtfully placed for privacy and convenience, featuring individual driveways and ample parking. The peaceful setting provides a neighborhood feel while being just minutes from downtown Asheville, shopping, and major highways — a prime location that keeps demand and occupancy rates high. Three parcels are serviced by septic systems and a shared well. With three contiguous lots, the configuration supports possible additional units or redevelopment (subject to county approval). Investors can maintain five established income streams while exploring opportunities to enhance or expand. The homes each offer comfortable living spaces with individual yards, making them attractive for long-term tenants. The consistent occupancy and strong rent performance demonstrate solid cash flow and minimal turnover — ideal for both new and seasoned investors. Highlights: • five homes total — 3 singlewides and 2 doublewides • Fully leased with strong rental history • Three adjacent PINs with development potential • 3 parcels on septic with shared well • Ample parking and private driveways • Convenient to downtown Asheville, shopping, and highways • Peaceful setting with strong tenant demand. This turn-key property is ready to continue performing as a proven income generator. With its combination of location, stable rental history, and development flexibility, it’s a rare opportunity in Asheville’s growing market. Whether you’re expanding your portfolio or seeking a property with long-term appreciation potential, this investment checks all the boxes.
General Information:
| List Price: | $1,050,000 |
| Status: | For Sale |
| Type: | Portfolio |
| Parking: | Driveway |
| MLS Number: | CAR4317652 |
| Lot Description: | Cleared, Green Area, Level, Rolling Slope, Wooded, Views |
| Year Built: | 9999 |
| Sewer Type: | Septic Installed |
Assigned Schools:
| Elementary: | Johnston/Eblen |
| Middle: | Clyde A Erwin |
| High: | Clyde A Erwin |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 03-19-2026 | Listed | $1,050,000 | N/A |
| 05-08-2025 | Listed | $899,000 | N/A |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Vance Elementary | 2 miles | KG-05 | 9 |
| Francine Delany New School for Children | 2 miles | KG-06 | 9 |
| Hall Fletcher Elementary | 4 miles | PK-05 | 2 |
| Isaac Dickson Elementary | 4 miles | PK-05 | 9 |
| Invest Collegiate (Buncombe) | 4 miles | KG-06 | 8 |
| Claxton Elementary | 5 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 |
| 17 Hat Creek Drive, Asheville NC | 0 mi | $1,050,000 | days | |
| 163 Pisgah View Road, Asheville NC | 0.2 mi | $649,000 | days | |
| 6 Deaver Park Circle, Asheville NC | 0.8 mi | $274,000 | days | |
| 1761 Old Haywood Road, Asheville NC | 0.9 mi | $260,000 | days | |
| 20 Spring Drive, Asheville NC | 1 mi | $359,900 | 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 28806
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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 Edwards Realty LLC
17 Hat Creek Drive, Asheville NC is a ft2 on a 3.950 acres lot. This is for $1,050,000. This has bedrooms, baths, and was built in 9999.
Based on information submitted to the MLS GRID as of 2026-03-19 09:55:55 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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