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Renovated Two-Cottage Short-Term Rental
For Sale
$444,000

15 And 16 Cottage Dr, Asheville, NC 28805

Two furnished studio cottages feature efficient layouts, individual climate control, laundry appliances, and private rear decks.

Property Size528 SF
Price / SF$840.91
Days on Market50

Property Features for 15 And 16 Cottage Dr

General Information

Standard status Active
Size 528 SF
Property subtype Multi-Family

Units

Unit Mix 2 x studio
Multifamily Units 2

Additional Details

Furnished Yes

Amenities

vinyl plank flooring
min-splits
washer/dryers
back decks
off-street parking
storage shed

Building Details

Year Built 1930
Buildings 2
Listing Agency: Mosaic Community Lifestyle Realty
Listed By: Carol Marin · License #242121
Source: Lewisandkirk
Added: Jul 13 Changed: Aug 31 Last Checked: Aug 30 at 9:00PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mosaic Community Lifestyle Realty

Investment Insights

Based on property information with market context.

This short-term rental property includes two renovated studio cottages offered together as a package. The units provide compact, open living areas with vinyl plank flooring, min-split heating and cooling, washer/dryers, and rear decks bordered by greenery. Most furnishings and equipment are included, and off-street parking plus a storage shed serve 15 Cottage Drive. The property size is 528 square feet, with improvements dating to 1930.

The cottages are located in Homeland Park, a historic Asheville community developed in the 1930s. The setting places the property minutes from the Blue Ridge Parkway, VA Hospital, Downtown Asheville, and Black Mountain. The cottages are offered as 30-day rentals, with a rental income history available. 15 Cottage Drive is offered only with 16 Cottage Drive as part of the package.

Key Highlights

  • Two renovated studio cottages offered together as a package
  • 528 square feet with improvements dating to 1930
  • Configured for 30‑day rentals with rental income history available

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Grocery & Convenience Store Building Supply Furniture & Home Goods

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

Location Intelligence

Trade Area within ½ mile

612
Businesses Nearby

Demographics for 28805, NC

18,554
Population
10,737
Households
1.7
Avg Household Size
48
Median Age
49%
College-Educated
96%
High-School Grad
26.5 sq mi
ZIP Area
700
Density / Sq Mi
$67,104
Median Household Income
$35,897
Median Earnings
$1,198
Median Rent
$360,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Short term rental property - Two furnished studio cottages feature efficient layouts, individual climate control, laundry appliances, and private rear decks.
Where is this short term rental property located?
The property is located at 15 And 16 Cottage Dr Asheville, NC.
What is the asking price?
The asking price for this property is $444,000.
What are key features of this property?
This property features: Two renovated studio cottages offered together as a package; 528 square feet with improvements dating to 1930; Configured for 30‑day rentals with rental income history available
More about this property
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