Description
Income-producing rental property plus a buildable RM6-zoned lot on Sunset Mountain in the Grove Park neighborhood — a combined 0.54 acres with winter mountain views, only minutes above downtown Asheville.
The home at 355 Sunset Drive sits on 0.28 acres (zoned RS4), was originally built in 1972, and has a long history as a monthly rental. Two fully independent living spaces with separate entrances, separate kitchens, and separate electric meters — 776 sqft upper and 787 sqft lower with no interior connection. Water and sewer are shared. The unfinished walkout basement includes two separate laundry areas. Recent upgrades include ductless mini-split heating and cooling and refinished hardwood floors throughout.
The adjacent 0.26-acre vacant lot is included in the sale. Driveway access is already established — a rarity on Sunset Mountain — with a relatively gentle building area compared to neighboring properties. Zoning supports multifamily development.
A short drive to the Omni Grove Park Inn, Charlotte Street cafes and restaurants, and downtown Asheville. This is one of the city’s most established intown neighborhoods — the kind of location that has drawn people to Asheville for over a century.
Whether you’re looking to develop, hold for income, or live/rent — this is a flexible asset in a prime location.
Address
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Address: 355 Sunset Drive
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City: Asheville
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State/county: NC
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Zip/Postal Code: 28804
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Area: Grove Park
Details
Updated on April 17, 2026 at 10:36 pm-
Property ID 4361101
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Price $1,050,000
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Bedrooms 4
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Bathrooms 2
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Garage Size x x
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Year Built 1972
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Property Type Single Family Residence, Residential
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Property Status Active, For Sale
Additional details
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Listing Terms Cash,Conventional,Owner Financing
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Utilities Cable Connected,Electricity Connected,Wired Internet Available
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Sewer Public Sewer
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Cooling Ductless
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Heating Ductless
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Flooring Wood
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County Buncombe
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Property Type Residential
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Parking Driveway,Parking Space(s)
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Elementary School Asheville City
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Middle School Asheville
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High School Asheville
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Architectural Style Circular
Mortgage Calculator
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
Contact Information
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