Income-producing rental property plus a buildable RM6-zoned lot on Sunset Mountain in the Grove Park neighborhood "” a combined 0.54 acres with winter mountain views, only minutes above downtown Asheville.
The home at 355 Sunset Drive sits on 0.28 acres (zoned RS4), was originally built in 1972, and has a long history as a monthly rental. Two fully independent living spaces with separate entrances, separate kitchens, and separate electric meters "” 776 sqft upper and 787 sqft lower with no interior connection. Water and sewer are shared. The unfinished walkout basement includes two separate laundry areas. Recent upgrades include ductless mini-split heating and cooling and refinished hardwood floors throughout.
The adjacent 0.26-acre vacant lot is included in the sale. Driveway access is already established "” a rarity on Sunset Mountain "” with a relatively gentle building area compared to neighboring properties. Zoning supports multifamily development.
A short drive to the Omni Grove Park Inn, Charlotte Street cafes and restaurants, and downtown Asheville. This is one of the city's most established intown neighborhoods "” the kind of location that has drawn people to Asheville for over a century.
Whether you're looking to develop, hold for income, or live/rent "” this is a flexible asset in a prime location.
Property Type(s):
Single Family
|
Tract
|
GROVE PARK
|
Year Built
|
1972
|
|
Community
|
GROVE PARK
|
County
|
Buncombe
|
SCHOOLS
| Elementary School |
Asheville City |
| Jr. High School |
Asheville |
| High School |
Asheville |
Additional Details
| AIR |
Ductless |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer, Washer/Dryer |
| BASEMENT |
Daylight, Exterior Entry, Unfinished, Walk-Out Access, Yes |
| HEAT |
Ductless |
| LOT |
0.54 acre(s) |
| LOT DIMENSIONS |
0.54 |
| MLS STATUS |
Active |
| PARKING |
Driveway |
| SEWER |
Public Sewer |
| STORIES |
2 |
| STYLE |
Circular |
| SUBDIVISION |
GROVE PARK |
| UTILITIES |
Cable Available, Cable Connected, Electricity Connected |
Location
Listed with Elevate Asheville Realty Group
Date last updated: 4/5/26 5:05 AM PDT
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