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    Fairview, NC Black Mountain, NC Asheville, NC
    Swannanoa Multi-Use Investment Opportunity
    Updated: Aug 28, 2025
    Swannanoa Multi-Use Investment Opportunity

    626 Old Lytle Cove Road, Swannanoa, NC 28778

    $745,000
    2,586 sqft
    Prime location with high visibility and back frontage on I‑40 and arterial access to US‑70
    Zoned BC‑EMP, offering flexibility for commercial, retail, or mixed‑use applications
    Includes a retail showroom and two furnished vacation rentals (most furnishings convey)
    High traffic count (13,000 VPD on US‑70 and 35,000 VPD on I‑40) with topography that reduces noise
    Features a graded mobile home pad, a two‑story ADU (vanilla shell), and a detached storage shed
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Swannanoa, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Triplex with Covered Parking
    Triplex with Covered Parking

    260 Bull Creek Road, Asheville, NC 28805

    $1,250,000
    1.61 AC lot

    Three income-producing cottages set in a creek valley with month-to-month leases and dedicated covered parking/storage access.

    View details
    Renovated Cottage Duplex Property
    Renovated Cottage Duplex Property

    15 and 16 Cottage Drive, Asheville, NC 28805

    $449,000
    0.19 AC lot

    Two renovated studio cottages offered turn-key for short-term stays, with in-unit laundry and private back decks.

    View details
    Two-Home Multifamily Property
    Two-Home Multifamily Property

    416 S Cherokee Avenue, Black Mountain, NC 28711

    $799,999
    0.45 AC lot

    Two maintained residences on one parcel, suited for multigenerational living or mixed-term rentals.

    View details
    Black Mountain Commercial Opportunity
    Black Mountain Commercial Opportunity

    46 Vance Avenue, Black Mountain, NC 28711

    $445,000
    1,452 sqft

    Commercial property near downtown Black Mountain with STR potential.

    View details

    Swannanoa, NC Short Term Rental Properties Market Trends and Statistics

    Explore 1 short term rental properties for sale in Swannanoa, NC on our real estate platform. These investment opportunities span a total of 2,586 square feet of properties for sale, with an estimated market value of $745,000.

    Sale prices for short term rental properties in Swannanoa, NC start at $745,000, averaging $745,000, and reaching up to $745,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Short term rental properties 1

    Demographics Overview

    Population 12K
    Population Growth (5Y) +20.1%
    Median Household Income $72,717
    College Educated 44.0%

    High-Yield Neighborhoods for Investment

    Identify Swannanoa submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    28778 $750K

    Taxes & Financing

    Tax Rate (average for all types) 0.66%
    Property Tax per SF $14.11 per SF
    Tax Rate vs County Average 0.21 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Buncombe County

    New Delisted

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