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12,20,28,36 Collins Mountain Drive
Asheville NC 28804 US

$2,150,000

Active Listing ID 4433391
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8 bed
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7.00 Bath (7 Full)
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Lot: 0.85 Acres
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Other

$2,150,000

Active Listing ID 4433391
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12, 20, 28, 36 Collins Mountain Drive Rare opportunity to acquire an established, income-producing four-property rental portfolio approximately 14 minutes from downtown Asheville! The Collins Mountain portfolio includes 20, 12, 28, and 36 Collins Mountain Drive, offering investors a diversified rental operation with three grandfathered STR permits, one established medium-term rental, documented rental performance, and multiple booking configurations. 20 Collins Mountain Drive ("The Move") serves as the portfolio's primary rental attraction, featuring a resort-style outdoor entertainment area with a swimming pool, hot tub, sauna, and fire pit. Neighboring 12 Collins Mountain Drive ("Side Quest") offers a separate guest retreat with its own private hot tub. Both properties operate independently and together through the established "Big Moves" Airbnb listing, allowing investors to accommodate different group sizes and maximize booking opportunities. 36 Collins Mountain Drive adds another permitted STR featuring a private hot tub and sauna, while 28 Collins Mountain Drive ("Hilltop Cabin") operates as a furnished medium-term rental, providing an additional income stream and diversification beyond traditional vacation bookings. Across all four properties, investors benefit from a swimming pool, three hot tubs, two saunas, and multiple guest experiences designed to attract different rental demographics. Furnishings convey, and continued third-party property management is available under a new agreement. Seller-reported improvements include roofing and HVAC updates. With established rental history, multiple income streams, and proximity to downtown Asheville, this portfolio presents an opportunity to acquire an operating rental business with potential for continued revenue optimization. Detailed financials and offering memorandum available upon request.

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Property Features

  • Facts
  • Lot Size: 0.85 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 7
  • Cooling System: Ductless
  • Exterior Finish: Fire Pit, Hot Tub
  • Heating Fuels: Ductless (Heating)
  • Additional Features
  • Basement
  • Fireplace
  • Patio
  • Pool

School Information

  • School
  • Unspecified(Elementary)
  • Unspecified(MiddleSchool)
  • Unspecified(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 2150000
  • unparsedaddress: 12, 20, 28, 36 Collins Mountain Drive
  • postalcity: Asheville
  • stateorprovince: NC
  • country: US
  • postalcode: 28804
  • bathroomsfull: 7
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.85
  • lotsizeunits: Acres
  • lotsizearea: 0.85
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 35.641835
  • longitude: -82.603636
  • listagentfullname: Tyler Coon
  • listagentemail: tyler@savvy.realty
  • listagentkey: 3yd-CMLSNC-74583
  • listagentmlsid: 74583
  • listagentpreferredphone: 8286202541
  • listagentofficephone: 8286202541
  • listofficekey: 3yd-CMLSNC-372903
  • listofficemlsid: 372903
  • disclaimer: Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CMLSNC
  • yearbuilt: 1972
  • listingcontractdate: 2026-10-12
  • countyorparish: Buncombe
  • parcelnumber: 972097692400000
  • elementaryschool: Unspecified
  • highschool: Unspecified
  • appliances: Dishwasher, Dryer, Indoor Grill, Microwave, Oven, Refrigerator, Washer, Washer/Dryer
  • cooling: Ductless
  • constructionmaterials: Brick Partial, Fiber Cement, Wood
  • heating: Ductless (Heating)
  • numberofunitstotal: 4
  • fireplaceyn: True
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Driveway
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: Hot Tub, Sauna
  • exteriorfeatures: Fire Pit, Hot Tub
  • rooms: Bedroom 4, Bathroom 4, Bedroom 8, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 5, Bathroom 3, Basement, Bedroom 7, Bathroom 5, Bedroom 1, Bedroom 3, Bathroom 6, Bedroom 6, Bathroom 7, Laundry Room
  • patioandporchfeatures: Porch
  • basement: Finished
  • dock: False
  • poolprivateyn: True
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -82.60364, 35.641834
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"EXP REALTY LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"tyler@savvy.realty", "ListBrokerageCity":"Charlotte", "ListBrokerageCountry":"US", "ListBrokerageEmail":"nc.broker@exprealty.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"EXP REALTY LLC", "ListBrokeragePhone":"(336) 937-9123", "ListBrokeragePostalCode":"28216", "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":"Suite 200", "ListBrokerageUnparsedAddress":"10130 Perimeter Parkway", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"16 Biltmore Ave Suite #300", "ListOfficeAddress2":"Suite 200", "ListOfficeBrokerMlsId":"372903", "ListOfficeCity":"Asheville", "ListOfficeCountry":"US", "ListOfficeEmail":"nc.western@exprealty.com", "ListOfficePostalCode":"28801", "ListOfficeStateOrProvince":"NC", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential Income, Asheville, NC", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/12-20th-St_Asheville_NC_28806_M97682-88599?f=listhub&s=CMLSNC&m=4433391&c=rexren", "MLSModificationTimestamp":"2026-10-12 17:57:06", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":null, "TaxDescription":"Deed Date:06/26/2024", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/14/2026 3:07:19 AM GMT
Source Updated Date: 10/16/2026 12:52:22 AM GMT

Courtesy of: Tyler Coon, EXP Realty LLC, tyler@savvy.realty

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.