290 Hookers Gap Road, Candler, NC
$1,375,000 · 4 bedrooms · 2 baths · 2,500 sq ft · built 1928
Listing courtesy of Patton Allen Real Estate LLC (Tyler Davis). Listing data provided by Canopy MLS, deemed reliable but not guaranteed.
About the home
This is a turnkey rental portfolio, perfect for investors and landlords that desire a self contained property in the WNC mountains. Long term tenants in place in 7 of the 8 units. Two site built homes anchor the property. A 4 bedroom main home and a 2 bedroom cottage. This rental portfolio also features 6 separate manufactured homes of varying ages. The 4 bedroom main home is currently vacant and open for showings. The other units are occupied and will not be available for online showing requests, and arrangements must be made in advance. This property has a long operating history, complete with longstanding property management in place, with Rentahome Asheville. Buyers can expect cash flow on day one, continuing to generate over $100k yearly in rental income. Tenants are all on updated leases, some are month to month. All of these numbers and rental info is available upon request. The units have been maintained and updated over the years. An improvements list is available upon request. The property consists of 3 separate parcels, amounting to 4.5 acres. Utilities in place with 2 shared wells, 4 shared septics, and trash service in place for tenants. Quiet, private, gorgeous views, and the tenants all keep to themselves and share the space collectively. If you're seeking a well oiled machine, actively generating income, come take a look at this special property. Property was appraised within the last 60 days. Also listed as multifamily rental portfolio MLS #4373451
Price in context
- Asking $550 per square foot.
- No price changes since it was listed.
- 2 days on the market, listed 2026-04-29.
- County tax assessment $1,086,900; the asking price is 1.27× the assessed value.
Location
Neighborhood: None, Buncombe County, ZIP 28715.
Features
- Style
- Arts and Crafts, Cottage
- Levels
- Two
- Construction
- Vinyl, Wood
- Roof
- Architectural Shingle, Metal
- Bathrooms
- 2 full
- Fireplace
- Yes
- Kitchen & appliances
- Dishwasher, Oven
- Heating
- Ductless
- Cooling
- Ductless
- Parking
- None
- Exterior
- Fire Pit
- County
- Buncombe
Comparable homes on the market
- 290 Hookers Gap Road, Candler — $1,375,000, 2,124 sq ft, 0.0 mi away
- 0000 New Leicester Highway, Asheville — $1,200,000, 3 bd, 1,032 sq ft, 3.9 mi away
- 17 Hat Creek Drive, Asheville — $1,050,000, 7,240 sq ft, 3.9 mi away
- 99 Margaret Drive, Leicester — $1,350,000, 5 bd, 4,055 sq ft, 4.4 mi away
- 47 Twilight Sedge Drive, Biltmore Lake — $2,399,000, 4 bd, 4,607 sq ft, 4.5 mi away
- 130 Ginger Quill Circle, Biltmore Lake — $1,099,999, 4 bd, 3,592 sq ft, 4.7 mi away
See it privately
Nicholas and Miriam Peters show every home personally. Peters & Associates, 4401 Barclay Downs Dr #132, Charlotte, NC 28209. Office 704-264-4572. Request a private showing.