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Two-Property Short-Term Rental Offering
New
For Sale
$1,650,000

12 20 Collins Mountain Drive, Asheville, NC 28804

Residential Income, Asheville, NC

Property SizeContact for details
Lot Size0.82 Acres
Days on Market4

Property Features for 12 20 Collins Mountain Drive

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description R-10
Bedrooms 5
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 3, Bathroom 1, Bathroom 6, Bedroom 2, Basement, Bedroom 5, Bedroom 1, Laundry Room, Bathroom 2, Bedroom 4
Parking features Driveway
Pool private 1
Interior features Hot Tub, Sauna
Exterior features Fire Pit, Hot Tub
Fireplace 1
Basement Full
Appliances Dishwasher, Dryer, Indoor Grill, Microwave, Oven, Washer, Washer/Dryer
Elementary school Unspecified
Middle school Unspecified
High school Unspecified
Standard status Active
APN 972097692400000
Lot size 0.82 Acres

Taxes and HOA fees

Tax Description Deed Date:06/26/2024 Deed:6419-0613 Lot:3 Plat:0238-0053
Legal Description Deed Date:06/26/2024 Deed:6419-0613 Lot:3 Plat:0238-0053

Utilities

Heating system Ductless (Heating)
Cooling system Ductless
Water source Well

Amenities

swimming pool
hot tub
sauna
fire pit
gathering spaces

Building Details

Year built 1972
Number of units 2
Building materials Brick Partial, Fiber Cement, Wood
Listing Agency: EXP Realty LLC
Listed By: Tyler Coon · License #313885
Added: Oct 12 Changed: Oct 13 Last Checked: Oct 15 at 2:06AM
MLS# 4433147

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.

Investment Insights

Based on property information with market context.

This offering brings together two furnished short-term rental properties on a 0.82-acre parcel: The Move at 20 Collins Mountain Drive and Side Quest at 12 Collins Mountain Drive. The primary residence has an outdoor pool, hot tub, sauna, and fire pit; the separate guest retreat includes its own hot tub. The buildings date to 1972, and reported updates include roofing and HVAC work. A well serves the property, with driveway parking.

The rentals are offered through three booking configurations: each property can be marketed separately, or both can be booked together. Grandfathered short-term rental permits and established rental history are reported. The property is approximately 14 minutes from downtown Asheville.

Key Highlights

  • Two furnished short‑term rentals on a 0.82‑acre parcel
  • Grandfathered short‑term rental permits and established rental history
  • Three booking configurations: separate rentals or a combined offering

Property Analytics

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Current Use

Short term rental ...

Suggested Use

Top Pick Real Estate Agency Hair Salon Restaurant HVAC Service Building Supply Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

102
Businesses Nearby

Demographics for 28804, NC

23,964
Population
11,716
Households
2
Avg Household Size
44
Median Age
60%
College-Educated
93%
High-School Grad
28.7 sq mi
ZIP Area
835
Density / Sq Mi
$79,709
Median Household Income
$37,169
Median Earnings
$1,399
Median Rent
$528,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - Two furnished rentals share a parcel and can be booked separately or together.
Where is this short term rental property located?
The property is located at 12 20 Collins Mountain Drive Asheville, NC.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Two furnished short‑term rentals on a 0.82‑acre parcel; Grandfathered short‑term rental permits and established rental history; Three booking configurations: separate rentals or a combined offering
More about this property
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