For Sale $225,000
Investment opportunity just 14 minutes from downtown Asheville! 28 Collins Mountain Drive, known as the "Hilltop Cabin," is an established, fully furnished medium-term rental with documented rental history and an efficient operating footprint. Positioned in the Asheville rental market, this property offers investors an opportunity to acquire an existing income-producing asset without the upfront expense of furnishing and preparing a property for rental use. The cabin's private setting and proximity to downtown Asheville provide appeal for visitors seeking accommodations beyond a traditional hotel stay. Its compact footprint offers the potential for manageable operating expenses, while the furnished rental model provides flexibility to target different extended-stay guest segments. Currently operating as a medium-term rental, the property presents opportunities to explore additional marketing channels, optimize rental pricing, and evaluate alternative rental strategies, subject to applicable regulations and permitting. This property offers investors a furnished rental asset with opportunities for continued operational optimization.
| List Price: | $225,000 |
| Status: | For Sale |
| Bedrooms: | 1 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 438 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4433152 |
| Subdivision: | None |
| Bathrooms: | 1 |
| Year Built: | 1997 |
| Sewer Type: | Septic Installed |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 10-12-2026 | Listed | $225,000 | $514 |
| 01-21-2026 | Listed | $1,099,999 | $2,512 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Ira B Jones Elementary | 3 miles | PK-05 | 8 |
| Claxton Elementary | 4 miles | KG-05 | 6 |
| Isaac Dickson Elementary | 4 miles | PK-05 | 9 |
| Vance Elementary | 4 miles | KG-05 | 9 |
| Francine Delany New School for Children | 5 miles | KG-06 | 9 |
| Hall Fletcher Elementary | 5 miles | PK-05 | 2 |
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 |
| 28 Collins Mountain Drive, Asheville NC | 0 mi | $225,000 | days | |
| 36 Collins Mountain Drive, Asheville NC | 0 mi | $325,000 | days | |
| 12,20,28,36 Collins Mountain Drive, Asheville NC | 0 mi | $2,150,000 | days | |
| 12,20 Collins Mountain Drive, Asheville NC | 0 mi | $1,650,000 | days | |
| 43 Flynn Branch Road, Asheville NC | 0.4 mi | $415,000 | days | |
| 105 Crowder Hills Lane, Asheville NC | 0.4 mi | $415,000 | 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 EXP Realty LLC
28 Collins Mountain Drive, Asheville NC is a 438 ft2 on a 0.010 acres Appraisal lot. This is for $225,000. This has 1 bedrooms, 1 baths, and was built in 1997.
Based on information submitted to the MLS GRID as of 2026-10-12 18:12:49 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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