About This Home

This 1-bedroom, 1-bathroom single family at 28 Collins Mountain Drive in Asheville, NC is listed for $225,000 ($514 per sqft). Built in 1997, the home offers 438 sqft of living space on a 0.01 acres lot.

Key Features

  • Built in 1997
  • 0.01 acre lot

Property Details

1 story
1 full
1997

Amenities

A/C
Listing Description

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 exi

sting 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.

Monthly Cost Estimate

$1,253/mo

20% down · 6.5% · 30 years

Principal$163
Interest$975
Insurance$66
HOA$50

Estimates only. Actual payments may vary.

Location

28 Collins Mountain Drive

Asheville, NC 28804

Property Details

Construction

Wood

Outdoor Features

Porch

Parking

Driveway

Heating

Ductless (Heating)

Cooling

Ductless

Appliances

DishwasherDryerMicrowaveRefrigeratorWasherWasher/Dryer

Questions & Answers

This 1-bedroom, 1-bathroom single family at 28 Collins Mountain Drive is listed at $225,000 ($514/sqft). The estimated monthly payment is $1,254 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $50/month.

Key features include: Built in 1997, 0.01 acre lot.

This property is listed by Tyler Coon.

TC

Tyler Coon

Agent at EXP REALTY LLC

Listed by EXP REALTY LLC · Broker phone: (336) 937-9123 · View on Broker Site

MLS# 4433152· Source: Canopy MLS· 15 days on PropertySimple

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.

28 Collins Mountain Drive, Asheville, NC 28804

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