16 Cottage Drive
Asheville, NC 28805
Est. $1,358/mo20% down · 7.125% · 30-yrAdjust
- P&I$1,153
- Taxes$134
- Insurance$71
- PMI$0
- HOA$0
Principal, interest, property tax, insurance & HOA. Estimate only — not a loan offer.
$846/Sq Ft
1 bd · 1 ba · 253 sqft · $846/sqft
About This Home
Turn-Key Cash-Flow Opportunity Minutes from Asheville’s Major Hospitals. Positioned just minutes from both the VA Hospital and Mission Hospital, this renovated studio cottage in historic Homeland Park offers a lucrative cash-flow opportunity with a proven track record of solid rental income. Offered fully furnished and equipped as a turn-key 30-day rental, this efficient tiny home is primed for high-demand mid-term tenants, traveling medical professionals, or use as a personal Asheville crash pad.
The open-concept layout features durable vinyl plank flooring, a nicely equipped kitchenette, a mini-split HVAC unit, an all-in-one washer/dryer, and a private back deck overlooking a lovely mountain setting. Perfectly situated near Downtown Asheville, Black Mountain, and the Blue Ridge Parkway, this 1930s resort gem can be purchased individually or as a dual-property investment package alongside 15 Cottage Drive (Multi-Family MLS# 4392051). Income and expense reports available upon request.
Property history
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Aug 13, 2026Price reduced $214,000 ActiveWas $215,000
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Jun 24, 2026Status changed to Off Market $224,900 Off MarketCanceled -> Off Market
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Jun 11, 2026Listed for sale $215,000 ActiveListed 84 Days
Show 5 more Show less
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Feb 23, 2026Status changed to Off Market $224,900 Off MarketCanceled -> Off Market
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Nov 7, 2025Status changed to Canceled $224,900 CanceledOff Market -> Canceled
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Jul 15, 2025Previously listed $224,900 Off Market
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Jul 28, 2021Sold $90,000 ClosedListed $125,000 · Jul 3, 2021 25 days on market
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Jul 3, 2021Previously listed $125,000 Closed
Property Details
Interior Details
- Heating
- Ductless
- Flooring
- Vinyl
- Room Count
- 4
- Half Bathrooms
- 0
- Total Bathrooms
- 1
- Laundry Features
- In Bathroom
- Main Level Sq Ft
- 253
- Interior Features
- Open Floorplan
- Main Level Bedrooms
- 1
- Main Level Full Baths
- 1
- Main Level Half Baths
- 0
Dwelling And Structure
- Construction Type
- Site Built
- Architectural Style
- Cabin
Square Footage And Levels
- Levels
- One
- Above Grade Finished Area
- 253
Parking And Garage
- Assigned Spaces
- 1
- Parking Features
- Assigned
- On Street
Exterior Features
- Roof
- Metal
- Construction Materials
- Log
- Patio And Porch Features
- Covered
- Deck
Lot And Land
- Lot Size Acres
- 0.06
- Lot Size Units
- Acres
Basement And Foundation
- Foundation Details
- Crawl Space
Utilities
- Sewer
- Public Sewer
- Water Source
- City
Financial Information
- City Taxes Paid To
- Asheville
Zoning And Restrictions
- Zoning
- R S8
- Subject To Ccrs
- No
Listed by Carol Marin (828-545-2712) · Mosaic Community Lifestyle Realty (828-707-9556)
Location
- Address
- 16 Cottage Drive
- City
- Asheville, NC 28805
- Community
- Homeland Park
Schools
- Elementary
- Charles C Bell
- Middle
- AC Reynolds
- High
- AC Reynolds
School assignments may change. Contact the school district to confirm.
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