12 Peeler Drive
Asheville, NC 28803
Est. $3,338/mo20% down · 6.5% · 30-yrAdjust
- P&I$2,806
- Taxes$347
- Insurance$185
- PMI$0
- HOA$0
Principal, interest, property tax, insurance & HOA. Estimate only — not a loan offer.
$334/Sq Ft
4 bd · 2 ba · 1,661 sqft · $334/sqft
About This Home
Location, flexibility, and income potential come together in this versatile Asheville property. Just 4 miles from downtown Asheville, this two-living-space property offers an exciting opportunity for buyers seeking rental income, a guest suite, multigenerational living, or a flexible space to work from home. The main residence offers 1,661 square feet with four bedrooms and 1.
5 baths, an updated kitchen, and new flooring in the kitchen and dining areas. Outside, enjoy a low-maintenance composite front deck and rear deck and patio overlooking a lush, private setting. A partially fenced side yard with fruit trees and established landscaping adds to the property's appeal, while a rear storage shed provides convenient additional space.
The recently remodeled 808-square-foot lower-level studio apartment is where the income potential really shines. With two exterior entrances, the apartment offers privacy, flexibility, and easy access for tenants, guests, or extended family, making it especially appealing for those looking to generate rental income or create a separate living space. Updates include new flooring, drywall, paint, refrigerator, mini-split, and lighting, along with a full bath and kitchenette, creating a move-in-ready opportunity for generating additional income.
Additional home improvements include a 2023 roof replacement, 2025 water heater, French drain, gutter guards, and recently painted exterior. With a desirable Asheville location and two separate living spaces, this property offers options and the potential to offset ownership costs through rental income.
Property history
-
Aug 25, 2026Price reduced $555,000 ActiveWas $580,000
-
Aug 6, 2026Listed for sale $555,000 Active46 days on market
-
Feb 28, 2024Sold $520,000 ClosedListed $540,000 · Dec 19, 2023 71 days on market
-
Jan 18, 2024Price reduced $540,000 ClosedWas $550,000
-
Dec 19, 2023Previously listed $540,000 Closed
-
Dec 9, 2019Sold $365,000 ClosedListed $379,000 · Jul 15, 2019 147 days on market
-
Oct 14, 2019Price reduced $379,000 ClosedWas $399,000
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Jul 15, 2019Previously listed $379,000 Closed
Property Details
Interior Details
- Heating
- Ductless
- Heat Pump
- Main Level Sq Ft
- 1661
- Room Count
- 1
- Main Level Bedrooms
- 4
- Main Level Full Baths
- 1
- Main Level Half Baths
- 1
- Half Bathrooms
- 1
- Total Bathrooms
- 3
- Second Living Quarters Full Baths
- 1
- Laundry Features
- In Hall
- Laundry Closet
- Total Heated Living Area
- 2469
- Second Living Quarters Sq Ft
- 808
- Second Living Quarters
- Exterior Connected
- Room w/ Private Bath
- Separate Entrance
- Separate Kitchen Facilities
Dwelling And Structure
- Construction Type
- Site Built
Square Footage And Levels
- Levels
- One
- Above Grade Finished Area
- 1661
Parking And Garage
- Parking Features
- Driveway
Exterior Features
- Roof
- Architectural Shingle
- Exterior Features
- Fire Pit
- Construction Materials
- Hard Stucco
- Vinyl
- Patio And Porch Features
- Covered
- Front Porch
- Porch
- Rear Porch
Lot And Land
- Fencing
- Partial
- Lot Features
- Orchard(s)
- Lot Size Acres
- 0.17
- Lot Size Units
- Acres
Basement And Foundation
- Basement
- Apartment
- Exterior Entry
- Finished
- Foundation Details
- Basement
Utilities
- Sewer
- Public Sewer
- Water Source
- City
Financial Information
- City Taxes Paid To
- Asheville
Zoning And Restrictions
- Zoning
- R S8
- Subject To Ccrs
- Yes
- Restrictions
- Deed
Listed by Lauren Reinhardt (828-544-0406) · Howard Hanna Beverly-Hanks Fletcher (828-484-3130)
Location
- Address
- 12 Peeler Drive
- City
- Asheville, NC 28803
- Community
- Twin Springs
Schools
- Elementary
- Oakley
- Middle
- AC Reynolds
- High
- AC Reynolds
School assignments may change. Contact the school district to confirm.
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