290 Hookers Gap Road, Candler NC

  • 4 Bed
  • 2 Bath
  • 1500 ft2
  • 4.5 ac

For Sale $1,375,000

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Remarks:

This is a turnkey rental portfolio, perfect for investors and landlords that desire a self contained property in the WNC mountains. There are 8 separate individual residences. Property is offered fully occupied. Long term tenants tenants with active lease in place. Two site built homes anchor the property. A 4 bedroom main home and a 2 bedroom cottage. This rental portfolio also features 6 separate manufactured homes of varying ages. This property has a long operating history, complete with property management in place, with Rentahome Asheville. Buyers can expect cash flow on day one, continuing to generate over $120k in yearly in rental income. Tenants are all on updated leases, some are month to month. All of these numbers and rental info is available upon request. The units have been maintained and updated over the years. An improvements list is available upon request. The property consists of 3 separate parcels, amounting to 4.5 acres. Utilities in place with 2 shared wells, 4 shared septics, and trash service in place for tenants. Quiet, private, gorgeous views, and the tenants all keep to themselves and share the space collectively. If you're seeking a well oiled machine, actively generating income, come take a look at this special property. Property was appraised within the last 60 days. Also listed as multifamily rental portfolio MLS #4373451

Exterior Features:

Fire Pit

General Information:

List Price: $1,375,000
Status: For Sale
Bedrooms: 4
Type: Eightplex
Approx Sq. Ft.: 1500 sqft
Parking: None
MLS Number: CAR4373451
Subdivision: None
Style: Arts and Crafts, Cottage
Bathrooms: 2
Year Built: 1928
Sewer Type: Septic Installed, Shared Septic

Assigned Schools:

Elementary: Unspecified
Middle: Unspecified
High: Unspecified

Price & Sales History

Date Event Price $/SQFT
05-12-2026 Listed $1,375,000 $917
04-10-2026 Listed $520,000 $347

Nearby Schools

These schools are only nearby your property search, you must confirm exact assigned schools.

School Name Distance Grades Rating
Vance Elementary 6 miles KG-05 9
Francine Delany New School for Children 6 miles KG-06 9
Invest Collegiate (Buncombe) 7 miles KG-06 8
Hall Fletcher Elementary 7 miles PK-05 2
Isaac Dickson Elementary 8 miles PK-05 9
Claxton Elementary 9 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
290 Hookers Gap Road, Candler NC 0 mi $1,375,000 days
311 Hookers Gap Road, Candler NC 0.3 mi $545,000 days
51 Bridgeway Drive, Candler NC 0.3 mi $1,175,000 days
18 Sagewood Drive, Candler NC 0.3 mi $900,000 days
34 Wintercrest Drive, Candler NC 0.4 mi $464,000 days
5 Rustic Ridge Drive, Candler NC 0.6 mi $425,000 days
1 to 6 of 10 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

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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 28715

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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 Patton Allen Real Estate LLC

    290 Hookers Gap Road, Candler NC is a 1500 ft2 on a 4.500 acres Appraisal lot. This is for $1,375,000. This has 4 bedrooms, 2 baths, and was built in 1928.

    Based on information submitted to the MLS GRID as of 2026-05-12 09:11:04 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.