127 Deer Hill Ln - Specialty FOR SALE


Weaverville, NC 28787
$2,500,000 USD
828-348-6879
127 Deer Hill Ln, Weaverville, NC for Sale
$2,500,000 USD
Specialty - FOR SALE
1/32
null | Request Cap Rate

127 Deer Hill Ln
Weaverville, NC 28787


HIGHLIGHTS

  • 127 Deer Hill Lane is a multi-building rental property situated on 10 acres with a private yet accessible location in Buncombe County, North Carolina.
  • Sale includes a large main home, three cabins, a tiny home, outbuildings, three approved sites for additional structures, and vehicles/furnishings.
  • Take over a thriving business that has an established base of returning guests and is projected to generate $40,000 over Fall 2025.
  • Ideally situated 3.5 miles from Interstate 26, affording guests quick access to Downtown Asheville, Biltmore Forest, and dozens more attractions.

OVERVIEW

Explore this premier opportunity to invest in the powerful Western North Carolina market by acquiring a positive cash-flow asset with ample value-add potential. 127 Deer Hill Lane is situated on approximately 10 acres and features five residential structures and three approved sites for additional rental units. The existing buildings comprise a main home, three Amish-built log cabins, and a tiny home built by the seller/contractor. The sale includes many additional amenities, such as outbuildings, vehicles, and furnishings, at no extra cost. Combined with the business, this is a true turnkey takeover opportunity. The short-term rental business has generated steady and consistent income for the past four years, with a solid base of returning guests. In Fall 2025, the business is projected to generate about $40,000, and market trends provide an optimistic outlook for future success. Located in Buncombe County, 127 Deer Hill Lane is in one of the most exciting tourism destinations in the country. Buncombe County saw nearly $3 billion in visitor spending throughout 2023, making it the third-largest tourism economy in North Carolina. Asheville is the epicenter of this booming county, and its downtown sits only 20 minutes from the property where visitors can enjoy live music, eclectic restaurants, picturesque riverwalks, characterful drinking holes, and much more. Interstate 26 is a short 3.5 miles from this property, streamlining access to Asheville and other area attractions such as Biltmore, Lake Junaluska, and Hendersonville. Contact the listing broker to schedule a showing and for more information regarding the property's numbers and creative financing opportunities.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$621 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

ADD'L SUBTYPES

Lodge/Meeting Hall

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

10.04 AC

LAND SF

437,193 SF

ZONING

OU

APN/PARCEL ID

9723-98-5679-00000,9723-98-6730-00000

ASK ABOUT THIS PROPERTY

Jacob LionsJacob Lions Real EstateMore Info
828-348-6879

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Jacob LionsJacob Lions Real EstateMore Info
828-348-6879

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.