20 Loblolly Lane, Asheville, NC 28803

$587,000
3
BD
3
BA
1,897
SqFt

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Listing courtesy of EXP Realty LLC. tyler@savvy.realty

List Price
$587,000
MLS#
4421344
Status
ACTIVE
Days on Market
4
Property Type
Residential
Architectural Style
Modern
Distressed Property
Yes
Year Built
2022
Bedrooms
3
Bathrooms
3
Full Baths
2
Half Baths
1
Lot Size
4,356
Lot Size Area
0.1
Living Area
1,897
Sq Ft Total
1897
County
Buncombe
Subdivision
Biltmore Terrace
Special Conditions
Subject to Lease
Dom
Yes

Property Description

Positioned just 10 minutes from Downtown Asheville and five minutes from the Biltmore Estate, this fully furnished, turnkey short-term rental puts guests within easy reach of two of the area’s biggest tourism drivers. The property has an established short-term rental history and strong guest reviews, giving investors an operational asset. Long-range mountain views, a private movie theater, multiple gathering spaces, outdoor dining, and a gas grill add booking appeal while also creating a comfortable setting for everyday living and entertaining. Built in 2023, the home offers the advantages of newer construction in a market where much of the competing inventory is older. An attached garage provides additional functionality along with potential value-add opportunities for an investor looking to further enhance the guest experience or utility of the property. Convenient access to Asheville’s restaurants, breweries, shopping, arts, and outdoor recreation adds to its appeal for both visitors and full-time residents. For investors, there may be additional opportunity to optimize pricing, marketing, and overall rental strategy, while the location, mountain views, newer construction, and versatile layout also make the property an attractive option as a primary residence or second home.

Additional Information

Hoa Fee
$50
Hoa Fee Paid
Monthly
Fireplace
Yes
Equipment
Dishwasher, Dryer, Freezer, Indoor Grill, Microwave, Oven, Refrigerator, Washer, Washer/Dryer
Foundation
Basement
Main Level Rooms
Bathroom-Half, Dining Area, Kitchen, Living Room
Laundry Location
Laundry Room
Heating
Heat Pump
Water
City
Sewer
Public Sewer
Exterior Construction
Hardboard Siding
Parking
Basement, Driveway, Attached Garage
Driveway
Concrete, Paved
Elementary School
Unspecified
Middle School
Unspecified
High School
Unspecified
Total Property HLA
1897

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
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Calculator source: Real Geeks

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