Swannanoa · Swannanoa, NC
626 Old Lytle Cove Road
Swannanoa, NC · 2,586 sqft
$750,000
- 2Beds
- 2.5Baths
- 2,586SqFt
- 2002Year
- 118Days on market
About this home
Unique opportunity in Swannanoa near Black Mountain. This versatile property is ideal for a live/work lifestyle, business or multi- family- previously a residence and now zoned EMP—allowing for a variety of commercial and residential uses. Currently, two active vacation rentals. Show room, garage space, RV parking.. offers flexibility for entrepreneurs, creatives, or investors. The lower level includes a convenient kitchenette, while the upper level features a full kitchen. Most furnishings convey with the sale. Even though it's location is between 70 and I-40 the noise is minimal b/c of topography outside-but could provide excellent sign frontage. Large parking area could be easily converted into a large front yard. RV hook up. Behind there is an existing pad for a manufactured home spot. Also on the property: a detached single-car garage with a charming front porch and unfinished upstairs space, and a detached wired workshop. A truly rare find with character, functionality, and prime zoning. Comm MLS# 4341045 or LEASE
Property details
- Beds
- 2
- Baths
- 2.5
- SqFt
- 2,586
- Lot
- —
- Year built
- 2002
- Type
- Single Family
- Days on market
- 118
- Garage
- 1
- Style
- Farmhouse
- Heating
- Heat Pump
- Cooling
- Heat Pump
- Foundation
- Slab
- Flooring
- Concrete, Tile, Wood
- View
- Long Range, Mountain(s)
Features
- Built-in Features
- Kitchen Island
- Walk-In Closet(s)
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$5,519/ month
- Principal & interest
- $4,644
- Property tax (~1.05%)
- $656
- Homeowners insurance
- $218
- HOA dues
- —
Down payment
$37,500 down · $712,500 financed
Income to qualify (28% rule)
~$236,570 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.