tomo logo

$1,625,000

Beds
3
Baths
4.0
sq ft
3,251

909 Town Mountain Road, Asheville, NC 28804

909 Town Mountain Road

Asheville, NC 28804

  • 245 days on market
    • Price drop $125,000↓
This remarkable home is a successful short-term rental with a proven, multi-year history. Its prime location, just 3 miles from downtown Asheville, affords not only convenience to all that Asheville has to offer, but also the cool summers and wonderful views from being tucked on an elevated mountainside. Sold fully furnished as a turn-key operation, the current owners have created spaces that accommodate large bookings within its multiple bedrooms, bonus rooms, full bathrooms and generous shared living areas. The main living/dining room elegant, yet cozy. The kitchen is sleekly modern, but exudes warmth as a central gathering place. Each bedroom and bonus room is spacious with either an en-suite bathroom or a bathroom nearby. The lower level is a private hideway with areas for recreation, sleeping and a relaxing dip in the hot tub. With all of these amenities, it is easy to see why it is a successful property. And, of course, it would make a stunning private residence as well!

Details

Property type

Single Family Residence

Est. home value

$1,267,821

Lot size

Unknown

Price per sq ft

$500

Year built

2006

Price History

05/08/2024
CanopyMLS

CanopyMLS #4085010

Price change
$1,625,000
-7.14%
11/16/2023
CanopyMLS

CanopyMLS #4085010

Listed
$1,750,000

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Sunshine Bank

Loan start date

November 2017

Original loan amount

$475,000

Est. remaining balance

Not provided

Interest rate

3.13%

Loan type

Commercial, 10 year

Seller

Asheville Mountain Alchemy Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Price drop
CanopyMLS
$1,525,000
3 bd
|
4 ba
|
2,845 sq ft
|
House

500 Lynn Cove Road, Asheville, NC 28804

Price drop
CanopyMLS
$1,495,000
3 bd
|
2.5 ba
|
3,774 sq ft
|
House

14 Chantilly Drive, Asheville, NC 28804

Price drop
CanopyMLS
$1,760,000
4 bd
|
4 ba
|
3,861 sq ft
|
House

228 Midland Drive, Asheville, NC 28804

Status: Active

Tomo last checked: 07/07/2024 at 5:35 PM

Listing updated: 05/08/2024 at 4:03 PM

Listed by: Rob Montague, Asheville Realty Group Phone #: (828) 252-1910

MLS: CanopyMLS #4085010

CanopyMLS logo

Recently listed in Asheville

$789,000|5 bd|3.5 ba|House
$614,900|3 bd|2.0 ba|House
$595,000|4 bd|4.0 ba|House
$485,000|3 bd|3.0 ba|Townhouse
$735,000|4 bd|3.0 ba|House
$375,000|3 bd|2.0 ba|House