$214,000
1 Beds · 1 Baths · 253 Sqft
Active
Active84 Days on Market$846/sqft▼ 0.5% from originalListed Jun 11, 2026MLS# CAR4391836
16 Cottage Drive, Asheville, NC 28805
$214,000 · 1 bd · 1 ba · 253 sqft
About This Property
Turn-Key Cash-Flow Opportunity Minutes from Asheville’s Major Hospitals. Positioned just minutes from both the VA Hospital and Mission Hospital, this renovated studio cottage in historic Homeland Park offers a lucrative cash-flow opportunity with a proven track record of solid rental income. Offered fully furnished and equipped as a turn-key 30-day rental, this efficient tiny home is primed for high-demand mid-term tenants, traveling medical professionals, or use as a personal Asheville crash pad. The open-concept layout features durable vinyl plank flooring, a nicely equipped kitchenette, a mini-split HVAC unit, an all-in-one washer/dryer, and a private back deck overlooking a lovely mountain setting. Perfectly situated near Downtown Asheville, Black Mountain, and the Blue Ridge Parkway, this 1930s resort gem can be purchased individually or as a dual-property investment package alongside 15 Cottage Drive (Multi-Family MLS# 4392051). Income and expense reports available upon request.
Location
16 Cottage Drive, Asheville, NC 28805
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Property Details
Overview
Property TypeSingle Family Residence
Year Built1930
Lot Size0.06 Acres
Stories/LevelsOne
Interior
Bedrooms1
Bathrooms (Full)1
Total Rooms4
Sqft253
HeatingDuctless
Cooling / A/CDuctless
FlooringVinyl
Exterior
ExteriorLog
FoundationCrawl Space
RoofMetal
Financial
List Price$214,000
Original Price$215,000
Location
Address16 Cottage Drive, Asheville, NC 28805
NeighborhoodHomeland Park
CityAsheville
CountyBuncombe
StateNC
Zip28805
Listed by Mosaic Community Lifestyle Realty · carol@mymosaicrealty.com MLS# CAR4391836
Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 09/18/2026, 07:19:41 AM. 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.
Information deemed reliable but not guaranteed. Buyer to verify all information.
Your Local Expert
Brian Jones
Compass
Founder of Luxury Communities and a seasoned luxury real estate advisor in Asheville and Western North Carolina. Brian specializes in private gated communities, luxury estates, and second-home destinations, with a strategic and technology-driven approach to matching buyers with the right communities and opportunities.
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