12,20,28,36 Collins Mountain Drive,Asheville, NC 28804
Asheville, NC 28804
Description
Rare opportunity to acquire an established, income-producing four-property rental portfolio approximately 14 minutes from downtown Asheville! The Collins Mountain portfolio includes 20, 12, 28, and 36 Collins Mountain Drive, offering investors a diversified rental operation with three grandfathered STR permits, one established medium-term rental, documented rental performance, and multiple booking configurations. 20 Collins Mountain Drive ("The Move") serves as the portfolio's primary rental attraction, featuring a resort-style outdoor entertainment area with a swimming pool, hot tub, sauna, and fire pit. Neighboring 12 Collins Mountain Drive ("Side Quest") offers a separate guest retreat with its own private hot tub. Both properties operate independently and together through the established "Big Moves" Airbnb listing, allowing investors to accommodate different group sizes and maximize booking opportunities. 36 Collins Mountain Drive adds another permitted STR featuring a private hot tub and sauna, while 28 Collins Mountain Drive ("Hilltop Cabin") operates as a furnished medium-term rental, providing an additional income stream and diversification beyond traditional vacation bookings. Across all four properties, investors benefit from a swimming pool, three hot tubs, two saunas, and multiple guest experiences designed to attract different rental demographics. Furnishings convey, and continued third-party property management is available under a new agreement. Seller-reported improvements include roofing and HVAC updates. With established rental history, multiple income streams, and proximity to downtown Asheville, this portfolio presents an opportunity to acquire an operating rental business with potential for continued revenue optimization. Detailed financials and offering memorandum available upon request.
Details
| MLS # | 4433391 |
|---|---|
| Listing Type | For Sale |
| HOA Dues | $50 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1972 |
| Days On Site | 14 |
| Listing Provided By | EXP Realty LLC | Tyler Coon |
Features
| SQ Feet | 5,200 |
|---|---|
| Basement | Y |
| Pool | Yes |
| Units | 4 |
| Acreage | 0.85 |
Interior
| Cooling | Ductless |
|---|---|
| Heating | Ductless |
| Interior Features | Hot Tub, Sauna |
| Appliances | Dishwasher, Dryer, Indoor Grill, Microwave, Oven, Refrigerator, Washer, Washer/Dryer |
Exterior
| Exterior Features | Fire Pit, Hot Tub |
|---|---|
| Construction Materials | Brick Partial, Fiber Cement, Wood |
| Foundation Details | Basement, Slab |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Driveway |
Other
| List Aor | Hendersonville Board of Realtors |
|---|
Taxes
| Property | 597990 |
|---|
Area Information
| State | NC |
|---|---|
| County | Buncombe |
| City | Asheville |
| Zip Code | 28804 |
| Area | Buncombe |
| School District | Unspecified |
| Elementary School | Unspecified |
| High School | Unspecified |
| Listing VS Median (in 28804) | |
Price: $2,150,000 low | high Med: $775,000 sqft: 5,200 low | high Med: 2,681 $ / sqft: $413 low | high Med: $289 On site: 14 low | high Med: 303 | |
Market Activity 28804
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Listings courtesy of Canopy MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of October 26, 2026 at 1:08:00 PM PDT 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.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
“The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
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Learn More About This Property
| State | NC |
|---|---|
| County | Buncombe |
| City | Asheville |
| Zip Code | 28804 |
| Area | Buncombe |
| School District | Unspecified |
| Elementary School | Unspecified |
| High School | Unspecified |
| Listing VS Median (in 28804) | |
Price: $2,150,000 low | high Med: $775,000 sqft: 5,200 low | high Med: 2,681 $ / sqft: $413 low | high Med: $289 On site: 14 low | high Med: 303 | |
Listings courtesy of Canopy MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 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.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
“The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
