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

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BEDS0 BATHS SQUARE FEET5,200 MLS#4433391

STATUSActive PROPERTY TYPEMulti Unit - Multiple

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Property Description

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.

12,20,28,36 Collins Mountain Drive | MLS# 4433391

This multi-family property located at 12,20,28,36 Collins Mountain Drive , Asheville, NC 28804 is currently listed for sale with an asking price of call for price. Search Asheville real estate on darlenet.lakenormanrealty.com today.

Property Features

Property Type: Multi Unit - Multiple

Basement: Yes

Basement: Finished

Heating: Ductless

Lot Size: 0.85 Acres

Year Built: 1972

Amenities

Hot Tub

Sauna

Fire Pit

Hot Tub

Feature Descriptions

Appliances: Dishwasher, Dryer, Indoor Grill, Microwave, Oven, Refrigerator, Washer, Washer/Dryer

Exterior: Brick Partial, Fiber Cement, Wood

Fireplace: Other - See Remarks

Foundation: Basement, Slab

HOA Fee: $50/ Monthly

Hot Tub: Yes

Laundry: Laundry Room

Parcel#: 972097692400000

Parking: Driveway

Patio/Porch: Front Porch

Pets Allowed: No

Sewer: Septic Installed

Swimming Pool: Yes

Swimming Pool: In Ground

Units: 4

Water: Shared Well

Local Schools

High School: Unspecified

Middle School: Unspecified

Elementary School: Unspecified

Listed By / Shown By

Listed By

Agency Name: EXP Realty LLC
Agency Contact: tyler@savvy.realty

Shown By

Agent Name: Darlene (Sharon) Teeter
Agent Phone: Cell: (704) 677-2402
Agency Title: Lake Norman Realty

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

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 10/12/2026. The listing information on this page last changed on 10/12/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 10/12/2026 1:05:16 AM EST) or Canopy MLS (last updated Mon 10/12/2026 12:27:30 AM EST) or Triad MLS (last updated Sun 10/11/2026 11:40:12 PM EST). Real estate listings held by brokerage firms other than Lake Norman Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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

Property Description

12,20,28,36 Collins Mountain Drive | MLS# 4433391

Property Features

Amenities

Feature Descriptions

Local Schools

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

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