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127 Deer Hill Ln 4,029 SF Specialty Building Offered at $2,150,000 at a 6% Cap Rate in Weaverville, NC 28787
Investment Highlights
- Year-round west facing mountain views and stunning sunsets from main home
- Mini farm setup with animal enclosures, goat house, and chicken houses
- All rental units include hot tubs and furnishings
- Countryside setting just minutes from downtown Weaverville and approximately 15 minutes to Asheville
- Potential for 3 additional rental sites
- Commercial well and multiple septic systems in place
Executive Summary
This mountain short-term rental portfolio offers an exceptional investment opportunity just minutes from downtown Weaverville and 15 minutes from Asheville. The property spans 8.05 acres and includes five fully operational short-term rental units, supported by established business infrastructure and commercial well systems. Three cabins and a contemporary tiny home complement a main 3-bedroom residence with an open floor plan, chef’s kitchen, dual decks, and luxury amenities such as a 6-person hot tub, sauna, and EV charging capability.
With a projected NOI of $129,000, this portfolio provides immediate income and strong growth potential. Additional future-ready utilities and approved zoning create opportunities for up to three more build sites or expanded facilities like pickleball courts, pools, or a fitness center. Fully furnished units, seasonal mountain views, and a convenient location near major highways and tourist destinations make this a rare asset for investors seeking a proven, revenue-generating property in one of North Carolina’s most desirable vacation markets.
With a projected NOI of $129,000, this portfolio provides immediate income and strong growth potential. Additional future-ready utilities and approved zoning create opportunities for up to three more build sites or expanded facilities like pickleball courts, pools, or a fitness center. Fully furnished units, seasonal mountain views, and a convenient location near major highways and tourist destinations make this a rare asset for investors seeking a proven, revenue-generating property in one of North Carolina’s most desirable vacation markets.
Property Facts
| Price | $2,150,000 | Building Class | B |
| Price Per SF | $533.63 | Lot Size | 8.06 AC |
| Sale Type | Investment | Building Size | 4,029 SF |
| Cap Rate | 6% | No. Stories | 2 |
| Property Type | Specialty | Year Built | 2010 |
| Zoning | OU - Open Use | ||
| Price | $2,150,000 |
| Price Per SF | $533.63 |
| Sale Type | Investment |
| Cap Rate | 6% |
| Property Type | Specialty |
| Building Class | B |
| Lot Size | 8.06 AC |
| Building Size | 4,029 SF |
| No. Stories | 2 |
| Year Built | 2010 |
| Zoning | OU - Open Use |
Not walkable
10/100
Exceptionally drivable
90/100
Not bikeable
10/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $759,100 | |
| Land Assessment | $139,500 | Total Assessment | $898,600 |
Property Taxes
Parcel Numbers
Land Assessment
$139,500
Improvements Assessment
$759,100
Total Assessment
$898,600
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127 Deer Hill Ln