Date
Details
Price
Change
Source
5/05/2025
Listed
$275,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$275,000
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Property Description
Rare opportunity for flexible mountain living and income potential in the gated Mount Soma community. This unique 3-level cottage offers peaceful surroundings, mountain views, and multiple possibilities for living, vacationing, or generating rental income. Filled with natural light and thoughtfully designed with separate living spaces on each level, the home offers multiple possibilities for how it can be enjoyed. The upper level features a bedroom with ensuite bath, full kitchen, dining and living area, and a private deck perfect for taking in the peaceful mountain setting. The main level includes a bonus room with ensuite bath, kitchenette, living and dining space, and its own deck. The lower level offers a second living quarters with a separate exterior entrance, bedroom, full bath, and kitchen/living/dining area. Currently operated through Mount Soma as a successful short-term rental with each level rented independently (buyer to verify continuation), the property offers strong income potential. Owners could also choose to live comfortably on the upper two levels while renting the lower level, or continue the current rental arrangement-creating multiple opportunities depending on your needs. Mini-split HVAC systems with supplemental propane wall heaters provide year-round comfort. Residents enjoy the peaceful atmosphere of Mount Soma with walking trails and tranquil outdoor spaces throughout the community. Conveniently located just 15-20 minutes to I-40 and about 30 minutes to Waynesville, this distinctive mountain property offers a rare combination of tranquility, flexibility, and income potential.
Full Property Details
Full Property Details for 12 Lila Ln
General
- Price: $275,000
- HOA FEE: $110/month
- HOA FEE FREQ.: Annually
- Status: Active
- Type: Condo
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4254500
- Updated: 3/16/2026
- Added to Site: 334 day(s) ago
Interior
- Appliances: Dryer, Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Washer
- Flooring: Carpet, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Upper 2 - Full Baths: 1
- Upper - Full Baths: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 2
- Bedrooms Upper: 1
Other Rooms
- Laundry: In Hall, Upper Level
Additional Information
- Shared Amenities: Gated, Walking Trails
Parking
- Parking Features: Parking Space(s)
Location
- County: Buncombe
- Subdivision: Mount Soma
- Complex: Mount Soma
- Driving Directions: I-40 to exit 24. Take 209 North. Turn right on Crabtree Road, left on Bald Creek Road, travel approx. 5 miles. Enter the Mount Soma Community (gate is open during the day) when you get to the visitor center, take a HARD left down Lila Lane to the Green Cottage on the right. There is a “No Exit†sign. GPS should take you there!
Community
- Assoc. Name: Mary Nettles
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Ductless
- Heating Type: Ductless, Propane, Wall Furnace
Utilities
- Sewer: Shared Septic
- Water: Shared Well
Structural Information
- Architectural Style: Cottage
- Construction: Site Built
- Exterior Const.: Fiber Cement
- Basement: Yes
- Basement Desc.: Exterior Entry, Finished, Walk-Out Access, Walk-Up Access
- Roof: Architectural Shingle
- Entry Floor Number: 1
- Upper: 653 Sq. Ft.
- Main/1st Level: 652 Sq. Ft.
- Year Built: 2012
Lot Features
- Street/Road Desc.: Asphalt, Gravel, Paved
- Elevation (Approx.): 3500
- Lot Features: Level, Sloped, Views
Financial Considerations
- Association Fee: $1,320
- Assoc Fee Freq.: Annually
- Terms: Cash, Conventional
Disclosures and Reports
- Restrictions: Subdivision
- Property ID: 8751187115C001B
- Plat: 0134/0113
- Lot Number: 5055/0910
Listed by Keller Williams Great Smokies
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Schools
Schools serving 12 Lila Ln
School District:Buncombe County Schools
| Name | Grades | Distance |
|---|---|---|
Leicester Elementary 31 Gilbert Road, Leicester, NC 28748 | PK-4 | 8.9 mi |
Clyde A Erwin High 60 Lees Creek Road, Asheville, NC 28806 | 9-12 | 13.8 mi |
Eblen Intermediate School 59 Lee's Creek Road, Asheville, NC 28806 | 5-6 | 14.1 mi |
Clyde A Erwin Middle School 20 Erwin Hills Road, Asheville, NC 28806 | 7-8 | 13.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 12 Lila Ln
Estimate the Cost
Estimate the Cost for 12 Lila Ln
12 Lila Lane, Leicester, NC 28748 (MLS# 4254500) is a Condo property with 2 bedrooms and 3 full bathrooms. 12 Lila Lane is currently listed for $275,000 and was received on May 05, 2025. Want to learn more about 12 Lila Lane? Do you have questions about finding other Condo real estate for sale in Leicester? You can browse all Leicester real estate or contact a Coldwell Banker agent to request more information.