24 Ian River Drive, Asheville NC

  • 1 Bed
  • 1 Bath
  • 588 ft2
  • 2.3 ac

For Sale $525,000

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Remarks:

Discover the ultimate West Asheville gem: a turnkey, fully renovated 1-bedroom, 1-bathroom cottage blending instant income with boundless development potential, all set on a sprawling 2.31-acre parcel. This stylish retreat—featuring open living spaces with modern finishes and appliances—boasts a proven track record as a high-performing rental, allowing you to start generating revenue from day one or claim it as a serene primary residence with built-in financial perks. Step outside to the expansive deck, perfect for soaking up golden-hour sunsets and starlit nights, enjoying a sense of private tranquility. The real value unfolds across the gently rolling, mostly cleared terrain, which is zoned for low-density multifamily. This expansive canvas is primed for your vision: think additional rental dwellings for a thriving portfolio, a large private family estate, or subdivision (pending local approvals). Practical ease is ensured with ample parking for multiple vehicles or construction equipment, plus a spacious central shed for versatile storage. This rare property perfectly fuses foothills tranquility with urban convenience; you're just minutes from West Asheville's quirky boutiques and craft breweries, and under 15 minutes to downtown's celebrated dining and arts scene. It’s more than land—it’s a savvy investor's dream, delivering scalable value and your legacy in the making in one of North Carolina's hottest markets. Schedule your private tour today and unlock the extraordinary.

General Information:

List Price: $525,000
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

Price & Sales History

Date Event Price $/SQFT
11-29-2025 Listed $525,000 $893

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 $525,000 days
104 Wendover Road, Asheville NC 0.2 mi $400,000 days
648 Sand Hill Road, Asheville NC 0.2 mi $1,599,000 days
52 Malvern Walk, Asheville NC 0.3 mi $1,325,000 days
41 Malvern Walk, Asheville NC 0.3 mi $1,495,000 days
20 Malvern Walk, Asheville NC 0.4 mi $965,000 days
1 to 6 of 106 Result

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

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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.

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    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 $525,000. This has 1 bedrooms, 1 baths, and was built in 1980.

    Based on information submitted to the MLS GRID as of 2025-11-29 11:40:05 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. Click here for more information

    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.