

$420,000
15 and 16 Cottage Dr, Asheville, NC 28805
2 bed · 0 bath · 528 sq ft
2
bedrooms
N/A
baths
528
sq.ft.
$795
price per sf
Presented by Citadel Cofield · Office (980) 272-8547
About This Property
Turn-Key Cash-Flow Opportunity Minutes from Asheville’s Major Hospitals. Positioned just minutes from both the VA Hospital and Mission Hospital, this rare dual-property package offers a high-demand cash-flow opportunity in historic Homeland Park—Asheville’s original 1930s tiny home community. Offered fully furnished and equipped for immediate income generation, these two renovated studio cottages boast a proven track record of solid rental income as turn-key 30-day rentals, making them ideal for traveling medical professionals and mid-term tenants. Each efficient living space features modern vinyl plank flooring, mini-split HVAC systems, in-unit washer/dryers, and private back decks surrounded by greenery, with 15 Cottage Drive offering the added bonus of off-street parking and a storage shed. Live in one and rent the other or rent both. Unbeatably located near Downtown Asheville, Black Mountain, and the Blue Ridge Parkway, 15 Cottage Drive is offered exclusively only as a package deal paired with 16 Cottage Drive (MLS# 4280433). Income and expense reports available upon request.
This listing shows the Down Payment Resource indicator in Canopy MLS. Explore programs through the link above. Eligibility is not guaranteed. Browse all homes with down payment assistance.
LISTING COURTESY OF: MOSAIC COMMUNITY LIFESTYLE REALTY
carol@mymosaicrealty.com
About the Neighborhood
Looking for the perfect Residential Income in Asheville? The 28805 zip code offers a unique blend of local amenities, convenient transit, and community charm, making it a fantastic area to call home. Reach out to learn more about the local real estate market in this specific neighborhood.
Property Features
Property Description
- Beds Total: 2
- Year Built: 1930
- Living Area: 528 sqft
- New Construction: No
- MLS #: 4392051
Additional Home Features
- Subdivision: Homeland Park
- Neighborhood: Homeland Park
Association
- HOA Required: No
Interior Features
- Open Floorplan
- Heating: Ductless
- Cooling: Ductless
- In Bathroom
- In Kitchen
Appliances
- Dryer
- Electric Oven
- Electric Range
- Microwave
- Refrigerator
- Washer
- Washer/Dryer
Construction Materials
- Log
- Foundation: Crawl Space
- Roof: Metal
Cooling
- Ductless
Foundation Details
- Crawl Space
Heating
- Ductless
Laundry Features
- In Bathroom
- In Kitchen
Parking Features
- Driveway
- Parking Space(s)
Exterior Features
- Patio/Porch: Covered, Deck
Other Structures
- Outbuilding
Pets Allowed
- Yes
Road
- Road Responsibility: Publicly Maintained Road
- Road Surface Type: Gravel, Paved
Sewer
- Public Sewer
WaterSource
- City
Architectural Style
- Cabin
- Cottage
Flooring
- Vinyl
Fireplace
- Fireplace: No
Tax and Financial Info
- Listing Terms: Cash, Conventional
Location
Similar homes nearby
$420,000
Est. Payment: $2,159/mo
Illustrative estimate only, not an offer of credit. Assumes 20% down and a 30-year fixed loan at 6.5%, plus estimated property tax, insurance, and HOA. Actual rate, APR, and payment will vary.
Adjust down payment, rate & terms
Asheville, NC 28805
2
bedrooms
N/A
baths
528
sq.ft.
$795
price per sf

Presented By
Carnarri Cofield
REALTOR®
Office: (980) 272-8547
Listings courtesy of Canopy MLS as distributed by MLS GRID.
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Citadel Cofield, its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided.
Listing Courtesy of Mosaic Community Lifestyle Realty
Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information deemed reliable but not guaranteed. Equal Housing Opportunity.
Listing information © 2026 Canopy MLS. All rights reserved.

