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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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36 Collins Mountain Dr , Asheville, NC 28804
$325,000
Est. Payment: $1,826.51/mo
1 Bed
1 Bath
683 Sqft
0.02 Acres
Status: active | Days on site: 1
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372903 - 74583
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Terri Bias
Operator/Brokerage Owner

House Description

Established, income-producing short-term rental approximately 14 minutes from downtown Asheville! 36 Collins Mountain Drive offers investors an opportunity to acquire a fully furnished, high-performing vacation rental with documented rental history, a grandfathered STR permit, and an established presence in the Asheville rental market. This private mountain getaway, features a hot tub and sauna, two highly desirable amenities that help differentiate vacation rentals and support competitive nightly rates. Its intimate setting and proximity to downtown Asheville provide convenient access to the area's restaurants, breweries, outdoor recreation, and year-round tourism attractions. The property's established rental operation, existing furnishings, and desirable amenity package offer investors the opportunity to continue generating rental income without the substantial upfront investment typically associated with launching a new STR. Additional opportunities may exist to optimize dynamic pricing, occupancy, and marketing strategies to further enhance rental performance. With a grandfathered STR permit, documented rental history, and sought-after guest amenities, 36 Collins Mountain Drive presents an opportunity to acquire an established Asheville-area vacation rental with continued investment potential.

Highlights

Listed by Tyler Coon , 828-620-2541 EXP Realty LLC , 888-584-9431. Canopy MLS mls logo

Property Type

Residential

Lot/Acreage
0.02

HOA Fee

50 Monthly

Year Built

1992

County

Buncombe

Neighborhood

None

Listing ID

4433286

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:1
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1
Appliances:Dishwasher, Microwave, Oven, Refrigerator
Air Cond:Ductless
Fireplaces:
Above Ground Sq Ft:683
Other:
  • ▪ Additional:Sauna, Master on Main
Water:Shared Well

Exterior Features

Others:
  • ▪ Additional:Fire Pit, Hot Tub
Sewer:Septic Installed
Parking Features:Driveway
Principal Interest
$1,827
Taxes
$207
HOA
$50

Home Price

$325,000

Loan Details

30 yrs
7.548%

Down Payment

20%
$65,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,826.51

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $1,826.51 $207.19 $50.00 $2,083.70
Yearly $21,918.13 $2,486.25 $600.00 $25,004.38
Total $657,543.98 $74,587.50 $18,000.00 $750,131.48

Today's Rates

30 Year

7.55%

20 Year

7.5%

15 Year

6.75%

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Market insight data is pulled from the same city as the listing being viewed (Asheville, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Terri Bias and Associates | PLACE nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Listings courtesy of Canopy MLS as distributed by MLS GRID

IDX service by Blueroof 360

Data last updated: 2026-10-14T17:53:06.000Z

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