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.