Price Reduction
Address
12 Peeler Drive, Asheville, NC
Price
$ 555,000
Property Attributes
- ID#4411996
- TypeSingle Family
- Listing Status Active
- CountyBUNCOMBE
- CityAsheville
- AreaBuncombe County
- NeighborhoodTwin Springs
- Zip28803
- Style
- Year Built2001
- Price$ 555,000
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms1
- Sqr Footage2469
- Lot Size0.17 Acres
Data Source:
Canopy MLS
Property Description
Location, flexibility, and income potential come together in this versatile Asheville property. Just 4 miles from downtown Asheville, this two-living-space property offers an exciting opportunity for buyers seeking rental income, a guest suite, multigenerational living, or a flexible space to work from home. The main residence offers 1,661 square feet with four bedrooms and 1.5 baths, an updated kitchen, and new flooring in the kitchen and dining areas. Outside, enjoy a low-maintenance composite front deck and rear deck and patio overlooking a lush, private setting. A partially fenced side yard with fruit trees and established landscaping adds to the property's appeal, while a rear storage shed provides convenient additional space. The recently remodeled 808-square-foot lower-level studio apartment is where the income potential really shines. With two exterior entrances, the apartment offers privacy, flexibility, and easy access for tenants, guests, or extended family, making it especially appealing for those looking to generate rental income or create a separate living space. Updates include new flooring, drywall, paint, refrigerator, mini-split, and lighting, along with a full bath and kitchenette, creating a move-in-ready opportunity for generating additional income. Additional home improvements include a 2023 roof replacement, 2025 water heater, French drain, gutter guards, and recently painted exterior. With a desirable Asheville location and two separate living spaces, this property offers options and the potential to offset ownership costs through rental income.
| Elementary School | Middle School | High School |
|---|---|---|
| Oakley Elementary School | AC Reynolds Middle School | AC Reynolds High School |
| Price History | |
|---|---|
| 8/6/2026 | Listed $580,000 |
| 8/25/2026 | 5$555,000 |
General Features
| Living Area | 1661 |
|---|---|
| Sewer | Public Sewer |
| Heating | Ductless,Heat Pump |
| Cooling | Central Air,Ductless,Heat Pump |
| Roof | Architectural Shingle |
| Appliances | Dishwasher,Disposal,Dryer,Dual Flush Toilets,Electric Oven,Electric Range,Electric Water Heater,Exhaust Fan,Exhaust Hood,Refrigerator,Washer/Dryer |
| Zoning | RS8 |
| Patio/Porch Features | Covered,Front Porch,Porch,Rear Porch |
| Construction Materials | Hard Stucco,Vinyl |
| Year Built | 2001 |
| Levels | One |
| Property Subtype | Single Family Residence |
| Parcel Number | 965778810700000 |
| Elevation | 2000 |
| County | Buncombe |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Subdivision Name | Twin Springs |
| Garage Y/N | No |
| Full Baths | 2 |
| High School | AC Reynolds |
| City | Asheville |
| Senior Community Y/N | No |
| Lot Size Units | Acres |
| Carport Y/N | No |
| Elementary School | Oakley |
| Middle/Junior High School | AC Reynolds |
| Additional Parcels Y/N | No |
| Standard Status | Active |
| CAR_HOASubjectTo | None |
| Construction Type | Site Built |
| Restrictions | Deed |
| Tax Assessed Value | 353300 |
| Listing Terms | Cash,Conventional,FHA,VA Loan |
Interior Features
| Basement | Apartment,Exterior Entry,Finished |
|---|---|
| Basement (Y/N) | Yes |
| Fireplace Y/N | No |
| Above Grade Finished Area | 1661 |
| Half Baths | 1 |
| Laundry Features | In Hall,Laundry Closet |
| Total Bedrooms | 4 |
| Total Baths | 3 |
| SqFt Main | 1661 |
| Bedroom | 4 |
Exterior Features
| Exterior Amenities | Fire Pit |
|---|---|
| Fencing | Partial |
| Parking Features | Driveway |
| Lot Features | Orchard(s) |
| Water Source | City |
| Lot Size Area | 0.17 |
| Foundation Details | Basement |
| Road Surface Type | Concrete,Paved |
| Road Responsibility | Publicly Maintained Road |
| Main Level Garage YN | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 28803
Price
Year Built
Visits
Information deemed reliable but not guaranteed.
Property information provided courtesy of the Internet Exchange Program of the Greenville Association of Realtors.
The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data is updated as of September 12, 2026 2:52 AM UTC
High Country Association of REALTORS (HCAOR) © Information is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Last Update: September 12, 2026 2:13 AM UTC
