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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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1037 S Main St , Mars Hill, NC 28754
$995,000
Est. Payment: $5,591.93/mo
7 Bed
5 Bath
4126 Sqft
0.69 Acres
Status: active | Days on site: 10
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Terri Bias
Operator/Brokerage Owner

House Description

An established, fully furnished vacation rental just two minutes from Mars Hill University and approximately 20 minutes from Downtown Asheville, this property offers the size, amenities, and location to compete for larger group bookings in the Western North Carolina STR market. Panoramic Blue Ridge Mountain views set the backdrop for a strong guest amenity package that includes a private 6-person hot tub, full game room with pool, ping pong, foosball and arcade games, expansive upper and lower decks, a fire pit, outdoor dining and grilling areas, high-speed internet, and a Level 2 EV charger. The location provides convenient access to Biltmore Estate, breweries, hiking, skiing, and other year-round attractions while its immediate proximity to Mars Hill University adds another source of guest demand. Offered turnkey, and rental ready, the property already has the major pieces in place for an investor to continue operating without the time and upfront expense of furnishing and setting up a larger STR. With the existing rental setup and amenity package already in place, there is a strong foundation for continued STR use, while the spacious layout, panoramic views, and recreational amenities also make it a compelling option for a primary residence or mountain getaway.

Highlights

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

Property Type

Residential

Lot/Acreage
0.69

Year Built

1957

County

Madison

Neighborhood

None

Listing ID

4417706

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:7
  • ▪ Bathrooms:5
  • ▪ Full Bathrooms:4
  • ▪ 1/2 Bathrooms:1
Appliances:Dishwasher, Dryer, Exhaust Hood, Freezer, Microwave, Oven, Refrigerator, Washer, Washer/Dryer
Air Cond:Ceiling Fan(s)
Fireplaces:Living Room
Above Ground Sq Ft:2618
Below Ground Sq Ft:1508
Basement:Partially Finished
Other:
  • ▪ Additional:Has Fireplace
Water:City

Exterior Features

Others:
  • ▪ Additional:Fire Pit, Hot Tub
Sewer:Public Sewer
Parking Features:Basement,Driveway
Principal Interest
$5,592
Taxes
$634

Home Price

$995,000

Loan Details

30 yrs
7.548%

Down Payment

20%
$199,000
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:
$5,591.93

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,591.93 $634.31 $0.00 $6,226.25
Yearly $67,103.21 $7,611.75 $0.00 $74,714.96
Total $2,013,096.19 $228,352.50 $0.00 $2,241,448.69

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 (Mars Hill, 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: 2026-10-14T11:50:06.000Z

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