24 Ian River Drive, Asheville NC
- 1 Bed
- 1 Bath
- 588 ft2
- 2.3 ac
For Sale $495,000
Remarks:
Rarely does a property deliver immediate cash flow and major future potential in one of Asheville’s most desirable submarkets. This beautifully renovated 1 bed / 1 bath cottage sits on an expansive 2.31-acre parcel—mostly cleared, gently rolling, and zoned for low-density multifamily. Move in, keep it as a peaceful primary residence, or continue operating it as the proven high-performing short-term or long-term rental it already is. Either way, revenue can begin the moment you close. Inside you’ll find bright, open living spaces finished with modern touches, updated appliances, and a clean, turnkey feel that appeals to today’s renters and buyers alike. Step onto the large deck to enjoy long mountain sunsets and the deep quiet that still feels close to everything. The land is the true standout: Ample parking for multiple vehicles, guests, or equipment Large central storage shed (ideal for tools, maintenance gear, or future conversion) Gently sloping, mostly open topography ready for development Zoning allows additional dwellings—creating the opportunity for more rental units, a family compound with guest houses, or (subject to approvals) a small subdivision. In West Asheville’s rapidly appreciating foothills, this kind of scalable acreage with existing improvements is exceptionally scarce. Location seals the deal: Minutes to West Asheville’s eclectic mix of breweries, coffee shops, restaurants, and boutiques Under 15 minutes to downtown Asheville’s world-class dining, arts, music, and vibrant energy Whether you’re an investor seeking cash-flow-now + equity-later, a homeowner wanting space and privacy with income potential, or both—this is one of the smartest opportunities available in Western North Carolina right now. Schedule a private showing today. Properties that combine instant income, modern livability, and meaningful development upside in this market simply don’t last.
General Information:
| List Price: | $495,000 |
| Status: | For Sale |
| Bedrooms: | 1 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 588 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4316888 |
| Subdivision: | none |
| Style: | Cottage |
| Bathrooms: | 1 |
| Lot Description: | Cleared, Level |
| Year Built: | 1980 |
| Sewer Type: | Septic Installed |
Assigned Schools:
| Elementary: | Sand Hill-Venable/Enka |
| Middle: | Enka |
| High: | Enka |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 03-18-2026 | Listed | $495,000 | $842 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Vance Elementary | 1 miles | KG-05 | 9 |
| Francine Delany New School for Children | 1 miles | KG-06 | 9 |
| Hall Fletcher Elementary | 2 miles | PK-05 | 2 |
| Invest Collegiate (Buncombe) | 3 miles | KG-06 | 8 |
| Isaac Dickson Elementary | 4 miles | PK-05 | 9 |
| 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 |
| 24 Ian River Drive, Asheville NC | 0 mi | $495,000 | days | |
| 52 Malvern Walk, Asheville NC | 0.3 mi | $1,325,000 | days | |
| 20 Spring Drive, Asheville NC | 0.9 mi | $359,900 | days | |
| 1761 Old Haywood Road, Asheville NC | 0.9 mi | $260,000 | days | |
| 15 Perdue Place, Asheville NC | 1 mi | $799,900 | days | |
| 862 Sand Hill Road, Asheville NC | 1.1 mi | $399,000 | 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 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 Keller Williams - Black Mtn.
24 Ian River Drive, Asheville NC is a 588 ft2 on a 2.310 acres lot. This is for $495,000. This has 1 bedrooms, 1 baths, and was built in 1980.
Based on information submitted to the MLS GRID as of 2026-03-18 10:20:29 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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