Asheville · Asheville, NC
9 West Street Extension
Asheville, NC · 4,373 sqft
$1,975,000
Reduced from $2,000,000
- 4Beds
- 4.5Baths
- 4,373SqFt
- 1920Year
- 190Days 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). 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 (.25 acre) NOT included with this listing, and has now been officially subdivided and recorded (Bk 258, Pg 52). Home may be purchased with 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
- 190
- 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
$14,289/ month
- Principal & interest
- $12,231
- Property tax (~0.90%)
- $1,481
- Homeowners insurance
- $576
- HOA dues
- —
Down payment
$98,750 down · $1,876,250 financed
Income to qualify (28% rule)
~$612,387 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. Christy can introduce you to lenders she 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.