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5 Beds
6 Baths
4,259 sqft

$1,650,000

12,20 Collins Mountain Drive, Asheville NC, 28804

Price per sqft$387.41
Built in1972
Property size4,259 sqft
Property typeMulti-family
Courtesy of EXP Realty LLC, Tyler Coon Listing Contact: [email protected]

Overview

Active

Listed Oct 12, 2026

Updated 9h ago

Exceptional investment opportunity featuring two established, income-producing short-term rentals on the same parcel, approximately 14 minutes from downtown Asheville! 20 Collins Mountain Drive ("The Move") and 12 Collins Mountain Drive ("Side Quest") are offered together as a fully furnished investment property with established rental history, grandfathered STR permits, and multiple booking configurations. The Move (20 Collins) serves as the primary rental attraction, featuring a resort-style outdoor entertainment area with a swimming pool, hot tub, sauna, fire pit, and gathering spaces designed for larger groups. Side Quest (12 Collins) complements the main residence as a separate guest retreat with its own private hot tub, creating an additional rental opportunity and expanding the property's appeal to different guest segments. A key advantage is the established three-listing rental strategy. The Move and Side Quest are marketed independently and together through the combined Airbnb listing "Big Moves," allowing operators to accommodate couples, smaller groups, and larger gatherings through multiple booking configurations. Seller-reported improvements include roofing and HVAC updates. With documented rental performance, grandfathered STR permits, extensive guest amenities, and proximity to downtown Asheville, this offering presents an opportunity to acquire two established vacation rentals in a single transaction.

$10,977/mo

Est. mortgage payment based on a $1,650,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
4433147

Interior Features

Bedrooms
5
Bathrooms
6
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.82 Acres

Other Property Details

55+/Senior Community
No

Listings courtesy of Canopy MLS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Katie Harrison shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 1:21 AM UTC on 10/13/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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