15 Merion DR, Asheville, NC 28806
15 Merion DR, Asheville, NC 28806
15 Merion DR, Asheville, NC 28806
15 Merion DR, Asheville, NC 28806
15 Merion DR, Asheville, NC 28806
15 Merion DR, Asheville, NC 28806
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$ 400,000
Est. payment | /mo

3 Beds

2 Baths

1,392 SqFt


Save
$ 400,000
Est. payment | /mo
Save

3 Beds

2 Baths

1,392 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,392 sqft

Price per Sqft $287

MLS Listing ID 4361227

Bedrooms 3

Full Baths 2

Abv Grd Liv Area 911

Year Built 1968

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type Single Family Residence

Property Description

Welcome to 15 Merion Drive—an exceptional opportunity in Asheville that blends comfort, flexibility, and income-producing potential in one thoughtfully updated property. This home offers a rare and highly desirable setup: a fully finished lower-level basement apartment with its own kitchenette, making it ideal for long-term rental, guest accommodations, or multigenerational living. The current owners have successfully rented the downstairs unit for over a year at $1,200 per month, creating immediate and proven income. For buyers, this presents a powerful advantage—live comfortably in the main upper level while the lower unit helps offset your mortgage, significantly reducing your monthly cost of ownership. Upstairs, the home is clean, well-maintained, and move-in ready, with thoughtful improvements throughout. The kitchen features a reverse osmosis water filtration system, clean and cared-for appliances, and a new microwave. Fresh paint touches many of the walls, and the home includes new window screens, updated outlets, and electronic keypads for convenience and security. A new, energy-efficient hot water heater and mini-split systems help keep utility costs manageable year-round. The property has also been proactively maintained behind the scenes, including recently excavated plumbing to reduce the risk of future issues, as well as a brand-new dryer and a well-maintained washer.
Outside, the setting is equally appealing. The home is surrounded by mature trees, offering privacy and a peaceful, secluded feel, while skylights bring in natural light and views of the landscape. Enjoy evenings around the fire pit, with ample firewood ready to go, or take advantage of the peach tree out front and pear tree in the backyard. There is also a shed for additional storage and plenty of parking for residents and guests. Location is another standout feature. Situated within walking distance to two greenways and with easy biking access to Malvern Hills Park, this home supports an active, outdoor lifestyle. You'll also appreciate the quick access to Haywood Road, Patton Avenue, and major highways including I-26 and I-40, making commuting and exploring Asheville incredibly convenient. Whether you're looking for a primary residence with supplemental income, an investment property, or a flexible living arrangement, 15 Merion Drive delivers. The ability to generate consistent rental income while enjoying the main home is a compelling financial advantage—and one that's increasingly hard to find in today's market.

Location

State NC

County Buncombe

Zoning RM6

Rooms

Basement Apartment

Primary Bedroom Level Upper

Interior

Heating Baseboard, Ductless

Cooling Ceiling Fan(s), Ductless

Fireplace false

Appliance Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer

Laundry In Basement

Exterior

View Long Range, Mountain(s), Winter, Year Round

Street Surface Gravel,Paved

Garage false

Building

Dwelling Type Site Built

Foundation Basement

Sewer Public Sewer

Water City

Level or Stories Two

Structure Type Hardboard Siding

New Construction false

Schools

Elementary Schools Asheville City

Middle Schools Asheville

High Schools Asheville

Others

Senior Community false

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition None

Listed by Christopher Purser • Howard Hanna Beverly-Hanks Asheville-North • [email protected]

NEARBY SCHOOLS & PROPERTIES

Brad Cook
Brad Cook

Team Owner/Broker | License ID: 298609

+1(704) 929-8312 | [email protected]

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15 Merion DR