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Active
$425,000 Est. $2,928/mo — Get pre-qualified
2beds 2baths 528sq ft 0.19acres

15 and 16 Cottage Drive · Asheville, NC 28805

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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.

Features & Amenities

Living Area528 Sq.Ft.
Bedrooms2
Baths2
HeatingDuctless
CoolingDuctless
FlooringVinyl
FireplaceNo
AppliancesDryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer, Washer/Dryer
Interior FeaturesOpen Floorplan
LaundryIn Bathroom, In Kitchen
StyleCabin,Cottage
Year Built1930
ConstructionLog
RoofMetal
FoundationCrawl Space
ParkingDriveway, Parking Space(s)
StatusActive
Lot Size0.19 Acres
Lot FeaturesWooded
SubdivisionHomeland Park
CountyBUNCOMBE
Property TypeResidential Income
Property SubTypeDuplex
Last UpdatedOct 9, 2026
SewerPublic Sewer
Water SourceCity
HOANo
ElementaryCharles C Bell Elementary School
MiddleAC Reynolds Middle School
HighAC Reynolds High School
Presented By: Mosaic Community Lifestyle Realty; info@mymosaicrealty.com

Location

Property boundary from county GIS

Neighborhood Snapshot

U.S. Census Bureau, ACS 5-year estimates

Neighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.

Pricing History

DateEventPriceChange
Oct 9, 2026 Price Reduced $444,000 → $425,000 ▾ $19,000 (4.3%)
Jun 11, 2026 Price Change $449,000 —

Monthly Cost Estimate

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