16 Cottage Drive

Asheville, NC
$ 214,000 Beds 1 Baths 1 Sq 253
Monthly Estimate* How much can I afford?

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.

Single Family

  • Price
  • $ 214,000
  • City
  • Asheville
  • Bedrooms
  • 1
  • Full Bathrooms
  • 1
  • County
  • BUNCOMBE
  • Half Bathrooms
  • 0
  • Area
  • Buncombe County
  • Lot Size
  • 0.06 Acres
  • Zip
  • 28805
  • Sqr Footage
  • 253
  • Year Built
  • 1930
  • Style
  • Cabin
  • MLS#
  • 4391836
Listed By: Mosaic Community Lifestyle Realty; carol@mymosaicrealty.com
Data Source: Canopy MLS

Features

General

Living Area 253
Sewer Public Sewer
Heating Ductless
Cooling Ductless
Roof Metal
Appliances Microwave,Refrigerator,Washer/Dryer
Zoning RS8
Patio/Porch Features Covered,Deck
Architectural Style Cabin
Construction Materials Log
Year Built 1930
Levels One
Property Subtype Single Family Residence
Parcel Number 9668-16-9742-00000
County Buncombe
New Construction No
Property Type Residential
HOA No
Subdivision Name Homeland Park
Garage Y/N No
Full Baths 1
Directions From Downtown Asheville take I-240 to exit 7. Follow Hwy 70/Tunnel Rd east 1.5 miles to right on Hwy 81/Swannanoa River Rd. Immediate left into Homeland Park Community. Immediate right on Cottage Dri
High School AC Reynolds
City Asheville
Senior Community Y/N No
Lot Size Units Acres
Carport Y/N No
Elementary School Charles C Bell
Middle/Junior High School AC Reynolds
Additional Parcels Y/N No
Standard Status Active
CAR_HOASubjectTo None
Construction Type Site Built
Tax Assessed Value 147800
Listing Terms Cash,Conventional

Interior Features

Interior Amenities Open Floorplan
Flooring Vinyl
Basement (Y/N) No
Fireplace Y/N No
Above Grade Finished Area 253
Laundry Features In Bathroom
Total Bedrooms 1
Total Baths 1
SqFt Main 253
Bedroom 1

Exterior Features

Parking Features Assigned,On Street
Water Source City
Lot Size Area 0.06
Foundation Details Crawl Space
Road Surface Type None,Paved
Other Parking Designated street parking in front of 16 Cottage
Road Responsibility Publicly Maintained Road
Main Level Garage YN No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Hickory, NC office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Charles C Bell Elementary School
Middle School AC Reynolds Middle School
High School AC Reynolds High School

Price History

6/11/2026 Listed $215,000
8/13/2026 1% - $214,000

Property vs Zip Code Average in 28805

Price
AVG $720K
$210K
Year Built
AVG 1983
1930
Visits
AVG 259
278
Data Provided by Inside Real Estate®

16 Cottage Drive Asheville, NC is a Single Family Home for sale at $214000 with 253 sqft and a lot size of 0.06 Acres Acre(s). 16 Cottage Drive Asheville has 1 bedrooms, 1 baths and was built in 1930. The property's zip code is 28805 which is in Asheville, NC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.