This Hospitality Property is no longer advertised on LoopNet.com.

318 Wanderlust Rdg
Arden, NC 28704
Asheville River Cabins · Hospitality Property For Sale · 15,007 SF

Investment Highlights

  • Minutes to Downtown Asheville, Biltmore Park, Biltmore House, Blue Ridge Parkway, shopping, hiking, entertainment
  • Perfect spot for retreats, weddings, family reunions, and more
  • Over 500 feet off frontage overlooking the French Broad River with glorious mountain views

Property Facts

Property Type Hospitality
Property Subtype
Bed and Breakfast
  • Hospitality Hotel
Building Class B
Lot Size 8.72 AC
Building Size 15,007 SF
No. Stories 1
Year Built/Renovated 1970/2020
Parking Ratio 2.23/1,000 SF
Corridor Exterior
Zoning PS

Amenities

  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub
  • Fully-Equipped Kitchen
  • Multi-Room Suites

About 318 WANDERLUST RDG , ARDEN, NC 28704

Offered at a 9-cap, this established nightly rental business boasts eight adorable cottages and owner's quarters on 8.74 acres. Seven cabins have 1 bedroom and 1 bath, a fireplace, with spectacular views of the French Broad River; a private deck with hot tub allows guests to soak in the river and mountain views. Nestled in the mountains overlooking the French Broad River, across undeveloped land owned by the Biltmore Estate, these recently renovated cottages are located a short drive to the picturesque Blue Ridge Parkway. Visitors can play a round of golf in Mills River, Asheville, or Hendersonville, and can enjoy fishing, hiking, zip-lining or a paddle down the river. Single Family Residence currently used as owner quarters; could be additional rental space if using property management company. 2/2 upstairs. 1-bed, 1-bath apartment downstairs (separate entrance) has own kitchen and office/living space.

Property Taxes

Property Taxes

Parcel Number
9635-62-9908-00000
Land Assessment
$222,800
Improvements Assessment
$989,900
Total Assessment
$1,212,700
  • Listing ID: 19327090

  • Date on Market: 4/24/2020

  • Last Updated:

  • Address: 318 Wanderlust Rdg, Arden, NC 28704

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