# 24 Ian River Drive, Asheville, NC 28806

> **TL;DR:** 1bd/1ba single family, $495,000 ($842/sqft), built 1980, 588 sqft.
> A/C. Est. $2,145/mo. Listed 185 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $495,000 |
| Price/sqft | $842 |
| Bedrooms | 1 |
| Bathrooms | 1 full |
| Square Feet | 588 |
| Year Built | 1980 |
| Lot Size | 100,624 sqft (2.31 acres) |
| Stories | 1 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 185 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,145 |
| **Total** | **$2,145** |

## Nearby Schools

- **Elementary:** Sand Hill-Venable/Enka
- **Middle:** Enka
- **High:** Enka

## Key Amenities

- A/C

## Property Highlights

- Built in 1980
- 2.31 acre lot

## Description

### Agent Description
The West Asheville Equity-Play: Modern Cottage on 2.31 Scalable Acres The Rare "Buy & Hold" with Immediate Yield It is exceptionally rare to find a property that offers immediate high-performing cash flow paired with the long-term upside of a multi-unit development site. Located in the rapidly appreciating foothills of West Asheville, this 2.31-acre estate features a beautifully renovated 1-bedroom, 1-bathroom cottage that is fully turnkey. Whether you are looking for a high-performing short-term rental (STR), a chic primary residence with room to grow, or a proven long-term income producer, this property generates revenue the moment you close. The Cottage: Modern, Minimalist, & Move-In Ready Inside, the home defines "mountain modern" with bright, open-concept living, updated appliances, and crisp finishes that appeal to the discerning modern renter. The oversized deck serves as an outdoor living room, offering a front-row seat to long-range mountain sunsets and the profound quiet of the foothills-all while remaining minutes from the city's pulse. The Land: Your Development Canvas The true value lies in the expansive, mostly cleared, and gently rolling topography. Zoned for Low-Density Multifamily, the site is a developer's dream or a homeowner's private sanctuary. Scalability: Ample acreage to add additional dwellings, guest houses, or a private family compound. Infrastructure: Extensive parking for multiple vehicles or equipment, plus a large central storage shed perfect for a workshop or conversion. Topography: The "easy-build" gentle slope significantly reduces site-prep costs for future expansion. Location: The Best of Both Worlds Enjoy the "deep-woods" feel without the isolation. You are less than 10 minutes from the breweries, boutiques, and eclectic energy of Haywood Road, and under 15 minutes from the world-class culinary scene of Downtown Asheville. The Bottom Line This is a strategic acquisition for the buyer who understands the value of Cash Flow + Land Banking. Whether you're an investor seeking an equity-rich development site or a homeowner looking for privacy with an income-producing "safety net," this property represents one of the smartest opportunities in the Western North Carolina market.

## Location

- **Address:** 24 Ian River Drive, Asheville, NC 28806
- **County:** Buncombe
- **Coordinates:** 35.563289, -82.61402
- **Google Maps:** https://www.google.com/maps?q=35.563289,-82.61402

## Listing Agent

- **Name:** Preston Mayfield
- **Brokerage:** Keller Williams Professionals
- **Phone:** 8283769068
- **Email:** ncmountainre@kw.com

## Primary Photo

![24 Ian River Drive - Primary Photo](http://lh.rdcpix.com/437654e67750d968993c25882c470de7l-f1463991541r.jpg)

*37 total photos available on [listing page](https://www.propertysimple.com/listing/24-ian-river-drive-asheville-nc-28806-4316888)*

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**MLS#:** 4316888 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/24-ian-river-drive-asheville-nc-28806-4316888)

---

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