One of a kind TURNKEY INCOME PRODUCING PROPERTY. 10% cap rate. This is a beautiful newly renovated/constructed 4 unit property. Four cottage style units totaling 5 beds/5 baths with covered porches and decks. The owners have addressed every detail to make these units the highest quality and value for Short Term Rental, Vacation, Airbnb or Long Term Rentals. Fully furnished. New furniture, appliances, washer and dryer in each unit, and modern full kitchens with dishwasher, stove, refrigerator, microwave and center island. Sitting pretty on 3 level acres with easy maintenance landscaping, a fruit tree orchard and year round mountain views. Out buildings include 800 sq ft garage/workshop and 144 sq ft well house. Additional 2092 sq ft in decks/covered porches. Successful short term/vacation rental property in the heart of Fairview, within 10 minutes to downtown Asheville. Upside revenue potential. Open use zoning on 3 level acres. Ref. mls#3752826, 3784876.
Single-familyProperty Type
2008Year Built
3 acresLot Size
$366Est. Price/Sq.Ft.
4 spacesParking
Listed by Luann Labedz• EXP Realty LLC
Bought with Aidree Tolan• Mosaic Community Lifestyle Realty
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
3 Acres
Year renovated
2008
Sq. Ft.
2,052
Year built
2008
Style
Multi-Family (5+ Unit)
County
Buncombe County
APN
968631490400000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 10, 2026.
OU
Open Use District
The OU Open Use District is established as a district in which all uses are allowed by right, except for certain uses that are regulated as conditional uses so as to ensure that neighborhood impact is mitigated. Additionally, those uses which are specific to the Airport Industry District (AI) are excluded from the OU Open Use District. The neighborhood impact from conditional uses will be mitigated through the use of minimum specific site standards combined with general standards which provide the flexibility to impose a higher level of specific site standards dependent upon the degree of neighborhood impact. No zoning permit shall be required for permitted uses in the OU Open Use District.
Permitted uses
Include but are not limited to:
Gas station
General retail
Restaurant
Housing-Group
Housing-Single unit
Housing-Multiple units
Manufacturing
Warehouse
Hotel / motel
Office
Mar 4, 2011 • Final
Electrical
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.