Price Reduced Listing
$540,000
 $2,899 est/mo Sourced by Back At You

12 Peeler Drive,Asheville, NC 28803

Asheville, NC 28803

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Description

Offering a combined 2,469 square feet of living space, including a 1,661-square-foot main home and a remodeled 808-square-foot lower-level apartment, this versatile Asheville property offers flexibility and income potential just 4 miles from downtown. The main residence features four bedrooms, 1.5 baths, an updated kitchen, and new flooring in the kitchen and dining areas. Outside, enjoy low-maintenance composite front and rear decks, a patio overlooking a lush setting, a partially fenced side yard with fruit trees and established landscaping, and a rear storage shed. The recently remodeled lower-level studio apartment has two exterior entrances, a full bath, kitchenette, refrigerator, mini-split, new flooring, drywall, paint, and lighting. Whether you're looking for potential rental income, space for extended family or guests, or a separate work-from-home area, the second living space offers added flexibility. Additional improvements include a 2023 roof replacement, 2025 water heater, French drain, gutter guards, and a recently painted exterior. With two distinct living spaces and convenient access to downtown Asheville, this property offers an opportunity to create additional income or help offset ownership costs. 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.

Details

MLS #4411996
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year2001
Days On Site86
Listing Provided ByHoward Hanna Beverly-Hanks Fletcher | Lauren Reinhardt

Features

Bed(s)4
Bath(s) 3 Total
SQ Feet1,661
BasementY
Story(s)1
ZoningRS8
Acreage0.17

Interior

CoolingCentral Air, Ductless, Heat Pump
HeatingDuctless, Heat Pump
AppliancesDishwasher, Disposal, Dryer, Dual Flush Toilets, Electric Oven, Electric Range, Electric Water Heater, Exhaust Fan, Exhaust Hood, Refrigerator, Washer/Dryer

Exterior

Exterior FeaturesFire Pit
RoofArchitectural Shingle
Construction MaterialsHard Stucco, Vinyl
Foundation DetailsBasement
Lot FeaturesOrchard(s)

Parking

Garage Yes / NoNo
Parking FeaturesDriveway

Other

List AorLand of The Sky Association of Realtors

Taxes

Property353300

Area Information

StateNC
CountyBuncombe
CityAsheville
Zip Code28803
AreaBuncombe
Community NameTwin Springs
School DistrictAC Reynolds
Elementary SchoolOakley
High SchoolAC Reynolds
Listing VS Median (in Twin Springs)
Price:
$540,000
low | high
Med:
$365,000
82.407407407407% of Average
sqft:
1,661
low | high
Med:
1,089
84.437086092715% of Average
$ / sqft:
$325
low | high
Med:
$335
46.904227459783% of Average
On site:
86
low | high
Med:
21
100% of Average
Sourced by Back At You

Market Activity 28803

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 Listings courtesy of Canopy MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of October 31, 2026 at 10:35:28 AM PDT 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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Learn More About This Property

StateNC
CountyBuncombe
CityAsheville
Zip Code28803
AreaBuncombe
Community NameTwin Springs
School DistrictAC Reynolds
Elementary SchoolOakley
High SchoolAC Reynolds
Listing VS Median (in Twin Springs)
Price:
$540,000
low | high
Med:
$365,000
82.407407407407% of Average
sqft:
1,661
low | high
Med:
1,089
84.437086092715% of Average
$ / sqft:
$325
low | high
Med:
$335
46.904227459783% of Average
On site:
86
low | high
Med:
21
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $405K - $675K
sqft: 1,000 - 2,000
Nearby Listings Property ImageNearby Listings Details
63 Wilmington Road Property Photo 1
$435,000
63 Wilmington Road
Asheville, NC 28803
Listing Updated: October 27, 2026 at 4:48:01 AM PDT