24 Ian River Dr Asheville, NC 28806

Rarely does a property deliver immediate cash flow and major future potential in one of Asheville's most desirable submarkets. This beautifully renovated 1 bed / 1 bath cottage sits on an expansive 2.31-acre parcel-mostly cleared, gently rolling, and zoned for low-density multifamily. Move in, keep it as a peaceful primary residence, or continue operating it as the proven high-performing short-term or long-term rental it already is. Either way, revenue can begin the moment you close. Inside you'll find bright, open living spaces finished with modern touches, updated appliances, and a clean, turnkey feel that appeals to today's renters and buyers alike. Step onto the large deck to enjoy long mountain sunsets and the deep quiet that still feels close to everything. The land is the true standout: Ample parking for multiple vehicles, guests, or equipment Large central storage shed (ideal for tools, maintenance gear, or future conversion) Gently sloping, mostly open topography ready for development Zoning allows additional dwellings-creating the opportunity for more rental units, a family compound with guest houses, or (subject to approvals) a small subdivision. In West Asheville's rapidly appreciating foothills, this kind of scalable acreage with existing improvements is exceptionally scarce. Location seals the deal: Minutes to West Asheville's eclectic mix of breweries, coffee shops, restaurants, and boutiques Under 15 minutes to downtown Asheville's world-class dining, arts, music, and vibrant energy Whether you're an investor seeking cash-flow-now + equity-later, a homeowner wanting space and privacy with income potential, or both-this is one of the smartest opportunities available in Western North Carolina right now. Schedule a private showing today. Properties that combine instant income, modern livability, and meaningful development upside in this market simply don't last.