644 N Luther Road, Candler, NC 28715

$ 625,000

6beds4baths
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3 Homes on 8.97 acres of lush pasture

Property Info
Status:Active
MLS #:3855527
Price:$ 625,000
Beds:6
Baths:4 Baths (4 F)
Type:Multi-Family
Lot Size:8.97 acres
Features
  • House #644 is a 3 bedroom home with 1,392 sf of living space renting for $1,200 a month.
  • House #642 is a 1 bedroom, 744 sf cottage renting for $950 a month
  • House #646 is a 2 bedroom singlewide trailer renting for $950 a month
  • The lush, well-laying acreage has 2 ponds and plenty of room for development
  • This is the opportunity that you have been looking for!
Remarks

642, 644 & 646 N Luther Road
Candler, North Carolina
PENDING in 7 days!
MLS 3855527 & 3855657

Lots of potential and plenty of opportunity!

Are you looking for an investment?
Are you looking for a property that you can Air BnB?
Are you looking for a property that generates revenue?

Come and explore this nearly 9-acre tract of land and three well-maintained homes. Your options are endless with this property! You can choose to keep the month-month tenants in place and build your dream home, live in one home, rent the other two, add additional rentals onto the property, build a tiny home village, or bring your horses! The possibilities are yours to explore!

Each of the three homes has established tenants with month-to-month leases, netting over $30,000 a year in income. The homes consist of a 3 bedroom home, a 1 bedroom cottage, and a 2 bedroom singlewide trailer. All 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. You also have an abundance of space for your horses. The choice is yours! Two well-graded roads take you to the pasture off the main road.

Located in pastoral Candler only 15 minutes to downtown Asheville and 9 minutes to grocery shopping. Only 2 miles off exit 37 from I-40.

What are you waiting for? This opportunity is waiting just for you!

24-hour notice is needed for showings. A Realtor must accompany potential buyers when viewing. Please see the links on this page for additional information

General Information
Zoning:
OU
School District:
Enka
Annual Property Tax:
$3023.71
HOA Dues:
none
County:
Buncombe
Subdivision:
none
View:
Mountain and Pasture
Building Details
Year Built:
1997 and 2001 and 1972
# of Stories:
1
Roof Type:
Composition Shingle
Heating/Ventilation:
Heat Pump / Propane / Oil
Sewer:
Septic
Water:
Shared Well
Garage:
none
Exterior:
vinyl
Basement:
none
Commercial Details
Annual Gross Income:
$37,200
Zoning:
OU
Annual Operating Expense:
$6,800
Annual Net Income:
$30,400
# of Units:
3
Unit Rental Price Range:
$950 - $1,200
Amenities
  • Carpet
  • Ceiling Fan(s)
  • Hardwood Floors
  • Porch
  • Refrigerator
  • Stove
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*Rates for August 2022. Information displayed is accurate as of the date of the latest update and is subject to change without notice. Loan pricing can only be locked through a home mortgage consultant. Other restrictions may apply. The Rate/APR and other terms may vary from those displayed based on the creditworthiness of the borrower, the type of dwelling, whether the borrower is self-employed, the location of the property and other factors. Please contact a lender in your area to determine what rates you qualify for.

**Rates calculated from national averages.  To determine rates in your area please contact your local lender.

Local Schools

School NameTypeDistanceGreatSchools Rating
Candler Elementary
121 Candler School Road, Candler NC 28715
(828) 670-5018
public
2.3 mi
Map Item 4
Pisgah Elementary
1495 Pisgah Highway, Candler NC 28715
(828) 670-5023
public
3.1 mi
Map Item 6
Mount Pisgah Academy
75 Academy Drive, Candler NC 28715
(828) 667-2535
private
4.2 mi
Enka Middle
390 Asbury Road, Candler NC 28715
(828) 670-5010
public
4.3 mi
Map Item 4
Asheville-Pisgah Christian School
90 Academy Drive, Candler NC 28715
private
4.3 mi
Hominy Valley Elementary
450 Enka Lake Road, Candler NC 28715
(828) 665-0619
public
4.4 mi
Map Item 6
Enka High
475 Enka Lake Road, Candler NC 28715
(828) 670-5000
public
4.4 mi
Map Item 6
Aba Academy
30750 US Hwy 19 N, St. Petersburg FL 34683
(727) 786-8887
private
5.1 mi
North Canton Elementary
60 Thompson Street, Canton NC 28716
(828) 646-3444
public
5.3 mi
Map Item 5
Meadowbrook Elementary
85 Morning Star Road, Canton NC 28716
(828) 646-3445
public
5.5 mi
Map Item 5
Sand Hill-Venable Elementary
154 Sand Hill School Road, Asheville NC 28806
(828) 670-5028
public
5.7 mi
Map Item 4
Enka Intermediate
125 Asheville Commerce Parkway, Candler NC 28715
(828) 255-1380
public
5.8 mi
Map Item 5
Bethel Christian Academy
100 Park Street, Canton NC 28716
private
5.9 mi
Canton Middle
60 Penland Street, Canton NC 28716
(828) 646-3467
public
5.9 mi
Map Item 3
Pisgah High
1 Black Bear Drive, Canton NC 28716
(828) 646-3440
public
5.9 mi
Map Item 8
The Franklin School of Innovation
21 Innovation Dr, Asheville NC 28806
(828) 318-8143
charter
6.2 mi
Map Item 3
Asheville School
360 Asheville School Rd, Asheville NC 28806
(828) 254-6345
private
6.7 mi
New Classical Academy
671 Sand Hill Rd, Asheville NC 28806
(828) 225-1993
private
7.1 mi
Johnston Elementary
230 Johnston Boulevard, Asheville NC 28806
(828) 232-4291
public
7.3 mi
Map Item 2
First United Meth Ch Kindergarten & DC
P.O. Box 838, Waynesville NC 28786
(828) 452-1773
private
7.4 mi
Light Of Wisdom School
2 Science Of Mind Way, Asheville NC 28806
private
7.4 mi
Eliada Academy
2 Compton Drive, Asheville NC 28806
private
7.7 mi
Invest Collegiate - Imagine
1000 Brevard Road, Asheville NC 28806
(828) 633-6491
charter
7.8 mi
Map Item 5
Leicester Elementary
31 Gilbert Road, Leicester NC 28748
(828) 683-2341
public
7.9 mi
Map Item 7
New City Christian School
216 Shelburne Road Asheville, NC 28806, Asheville NC 28806
(828) 252-8173
private
7.9 mi
GreatSchools

About Susan

My husband and I have made our home in the peaceful mountains of Western North Carolina since 1992 where we worked together in the running of our home remodeling business. Together we have built 4 homes and renovated another as well as renovated countless homes for clients. I have always taken an active part in the design and building of these homes. From hanging ridge rafters to laying hardwood floors, I have gained a great deal of respect and understanding of what goes into a well-built home. This love of homes and home construction is what led me to become a Real Estate Broker in 2003 and later a General Contractor. I am also active in canine sports, competing with my golden retrievers and organizing obedience trials as well as serving time on the board (past treasurer) of the Sandlapper Golden Retriever Club.  In addition, I am a stained glass artist and I take much pride and satisfaction in designing and creating glass art that I often donated to benefit rescues and canine health research.

Since starting my Real Estate Career long ago, I have won many sales awards and more importantly to me, several Quality Service Awards. For several years I was Broker in Charge of a small office, managing 9 other agents. Feeling the need to get back to what I love about real estate, I stepped down as the managing broker in 2017 so I could concentrate on 
my clients and their needs as a Broker Associate. I am now working with Sterling Real Estate Partners because of their creativity, marketing technology, customer service and their stellar reputation in the Asheville and surrounding markets.

I specialize in Residential Homes, Small Farms and Land Tracks with a special passion for Vintage Homes. When marketing a Vintage home, or helping a buyer with a purchase of one, you can expect a full essay on the "genealogy" of your home. One of my many obsessions is tracking the history of Asheville's older homes. My years working as a carpenters assistant as well as my beginnings in the marketing field will be used to your benefit when you are selling or buying a home. Of course for dog owners, my 20+ years of training and competing with my own dogs has given me an understanding that often a fenced yard for Puppy is not enough. Sometimes we need a bit more. For both sellers and buyers I recognize the unique needs that many of us
have for ourselves and with our homes.

Please visit my website at www.susanmyoung.com or give me a call so we can discuss your real estate needs!

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