Looking for a property that generates revenue? Come and explore this nearly 9-acre tract (when sold with MLS #3855657) of land and 3 income-producing homes. Endless opportunity awaits! You can choose to keep the tenants in place and build your dream home, live in one home, rent the other two, build a tiny home village, or bring your horses! It’s yours to explore! Keep all three as rentals and net over $30,000 a year in income. All homes are grouped in one corner of the acreage, leaving the vast majority of pasture for your imagination. The land lays beautifully and has two spring-fed ponds that bring nature to your doorstep. You have an abundance of room for additional development. Two well-graded roads take you to the pasture off the main road. Located in pastoral Candler, 15 min to DT Asheville and 9 min to shopping. Only 2 miles off exit 37 from I-40. ** Listing has been revised to reflect the actual sale - see also MLS 3855657 for sale of additional parcel
Closed
$260,000
642-644 Luther Rd, Candler, NC 28715
3beds
1,392sqft
Duplex
Built in 2001
-- sqft lot
$298,100 Zestimate®
$187/sqft
$1,673 Estimated rent
Home value
$298,100
$253,000 - $349,000
$1,673/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: March 31, 2023 at 05:28am
Listing Provided by:
Susan Young susanyoung.avlrealtor@gmail.com,
Sterling Real Estate Partners, LLC
Bought with:
Kaila Lindsey
EXP Realty LLC
Source: Canopy MLS as distributed by MLS GRID,MLS#: 3855527
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Heat Pump, Oil, Propane, Other
Cooling
- Ceiling Fan(s), Heat Pump, Wall Unit(s)
Appliances
- Included: Electric Range, Electric Water Heater, Oven, Refrigerator, Washer/Dryer
- Laundry: Electric Dryer Hookup, Main Level, Washer Hookup
Features
- Flooring: Carpet, Linoleum, Tile, Wood
- Basement: Other
Interior area
- Total structure area: 744
- Total interior livable area: 1,392 sqft
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway, Shared Driveway
- Has uncovered spaces: Yes
Features
- Patio & porch: Covered, Deck, Screened, Side Porch
- Has view: Yes
- View description: Long Range, Mountain(s)
- Waterfront features: Dock, Pond
Lot
- Size: 4.47 Acres
- Features: Pasture, Paved, Pond(s), Private, Wooded, Views
Details
- Additional structures: Barn(s)
- Additional parcels included: PIN 8687.75.7125 & 8687.75.4141
- Parcel number: 868775712500000
- Zoning: OU
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Vinyl
- Foundation: Slab, Other - See Remarks
- Roof: Composition,Metal
Condition
- New construction: No
- Year built: 2001
Utilities & green energy
- Sewer: Shared Septic
- Water: Shared Well
- Utilities for property: Cable Available
Community & neighborhood
Location
- Region: Candler
- Subdivision: None
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Gravel, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/30/2023 | Sold | $260,000-58.4%$187/sqft |
Source:  Canopy MLS as distributed by MLS GRID #3855527 | ||
| 2/19/2023 | Pending sale | $625,000$449/sqft |
Source: Canopy MLS as distributed by MLS GRID #CAR3855527 | ||
| 7/6/2022 | Listed for sale | $625,000$449/sqft |
Source: Canopy MLS as distributed by MLS GRID #3855527 | ||
| 5/8/2022 | Contingent | $625,000$449/sqft |
Source: Canopy MLS as distributed by MLS GRID #3855527 | ||
| 5/1/2022 | Listed for sale | $625,000$449/sqft |
Source: Canopy MLS as distributed by MLS GRID #3855527 | ||
Public tax history
Tax history is unavailable.
Neighborhood: 28715
Nearby schools
GreatSchools rating
- 7/10Candler ElementaryGrades: PK-4Distance: 2.3 mi
- 6/10Enka MiddleGrades: 7-8Distance: 4.3 mi
- 6/10Enka HighGrades: 9-12Distance: 4.4 mi
Schools provided by the listing agent
- Elementary: Candler/Enka
- Middle: Enka
- High: Enka
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$298,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$298,100