Asheville · Asheville, NC
9 West Street Extension
Asheville, NC · 4,373 sqft
$2,160,000
Reduced from $2,170,000
- 4Beds
- 4.5Baths
- 4,373SqFt
- 1920Year
- 72Days on market
About this home
Unique Opportunity for large home and developable property in highly desirable 5 Points neighborhood, walkable to Downtown and greenways. Potential for medium density residential development, zoned RS8. This rare in-town parcel, offers multiple paths for value: subdivide for cottages, or a few higher-end homes, or an enclave (subdivision registered with city, BUYER to verify). Additional lot zoned NCD (same owners) may be sold separately or as a package. The existing home, lovingly restored by current owners, features high ceilings, heart pine floors, wood burning fireplace in kitchen with 5 additional tile-front fireplaces. Beautiful period details throughout. Wraparound front porch that opens to a courtyard and large 2012 addition of family room and 2 bedrooms, including large primary suite. Lush landscaping and gardens abound. Legal Homestay on main level grosses over $25,000 annually. Parcel below on Broadway (NCD zoning -same owner) and can be sold separately or as a package (call for info). Shop lot to left of driveway (Min. 1/4 acre) included with this listing but may be purchased without lot (see MLS 4299259). Currently working w/City to rezone lot to RS8. Seller to retain shop use for up to 1 year.
Property details
- Beds
- 4
- Baths
- 4.5
- SqFt
- 4,373
- Lot
- —
- Year built
- 1920
- Type
- Single Family
- Days on market
- 72
- Style
- Arts and Crafts
- Heating
- Central, Electric, Forced Air, Heat Pump, Natural Gas, Radiant Floor, Zoned
- Cooling
- Central Air, Heat Pump, Zoned
- Foundation
- Basement, Crawl Space, Slab
- Flooring
- Carpet, Concrete, Tile, Wood
Features
- Attic Other
- Attic Walk In
- Breakfast Bar
- Built-in Features
- Entrance Foyer
- Kitchen Island
- Storage
- Wet Bar
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$15,897/ month
- Principal & interest
- $13,377
- Property tax (~1.05%)
- $1,890
- Homeowners insurance
- $630
- HOA dues
- —
Down payment
$108,000 down · $2,052,000 financed
Income to qualify (28% rule)
~$681,321 / 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.