64 and 56 Pine Cone Drive # 1 and 2 Asheville, NC $ 800,000
64 and 56 Pine Cone Drive # 1 and 2
$ 800,000
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Open House 10/25 12pm - 2pm
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64 and 56 Pine Cone Drive # 1 and 2

Asheville, NC, 28805
$ 800,000
Bedrooms5 Baths4.1 Sq 2,736

Monthly Estimate*

$ 5,525

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Multi-Family Home for sale in Asheville, NC

for $800,000 with 5 bedrooms and 4 full baths, 1 half bath. This 2,736 square foot home was built in 1927 on a lot size of 0.57.

Discover a unique opportunity to own two beautifully updated homes side by side in convenient East Asheville, offering endless possibilities for multi-generational living, rental income, or a combination of both. Located at 56 and 64 Pine Cone Drive, these distinct properties can be purchased together, creating a rare opportunity to enjoy separate living spaces while remaining just minutes from Downtown Asheville, the Blue Ridge Parkway, the VA Hospital, and everyday amenities. Both homes are located in the desirable AC Reynolds school district and offer the added benefit of no HOA dues. Built in 2010, 56 Pine Cone Drive blends modern comfort with flexible living space. This thoughtfully updated 1-bedroom, 1.5-bath home features an inviting open floor plan, dramatic vaulted ceilings, and stylish finishes. The ground-level primary suite includes a full bath, dedicated office space, and laundry, while an accordion-style glass door opens to the outdoors. Upstairs, a versatile loft offers additional space for guests, hobbies, storage, or a home office. Extensive improvements include updated electrical and plumbing, new windows and appliances, a new water heater, and mini-split systems throughout. A spacious rebuilt deck, generous yard, and large driveway add to the appeal. Next door, 64 Pine Cone Drive offers the timeless character of a 1927 home with the comfort of extensive modern updates. Situated on a 0.23-acre lot, this 3 to 4-bedroom, 3-bath home combines original hardwood floors upstairs and a charming stone fireplace with a wood stove with a completely new kitchen, renovated bathrooms, updated plumbing and electrical, new lighting, a new water heater, and durable LVP flooring downstairs. The flexible floor plan provides room for family and friends, a home office, or additional living space. Outside, a beautifully rebuilt stone patio creates an inviting setting for relaxing or entertaining, and driveway parking accommodates three vehicles. The possibilities are what make this offering truly special. Live in one home and rent the other to generate potential rental income, create a comfortable multigenerational arrangement, or accommodate guests while allowing everyone to maintain privacy and independence. The properties may also appeal to buyers seeking a private residence with a separate space for guests or a flexible long-term investment opportunity. With two updated homes, separate living spaces, convenient parking, and a location close to Asheville's restaurants, shopping, medical facilities, outdoor recreation, and downtown attractions, this side-by-side offering is a rare find. Whether you envision multi-generational living, an owner-occupied rental opportunity, or a flexible investment in the Asheville real estate market, these Pine Cone Drive properties offer a compelling combination of versatility, convenience, and Asheville lifestyle.

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Open House

10/25/2026 12:00 PM - 2:00 PM
64 and 56 Pine Cone Drive # 1 and 2 Asheville, NC
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 800,000

Bedrooms

5

Full Bath

4

Half Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.57

Year Built

1927

Town/City

Asheville

County/Region

Buncombe

MLS | Web ID

4433806

Features
General
Living Area 2736
Sewer Public Sewer Septic Installed
Heating Ductless Floor Furnace Natural Gas
Cooling Ceiling Fan(s) Ductless
Roof Architectural Shingle
Appliances Dishwasher Oven
Zoning RS8
Patio/Porch Features Balcony Deck Patio
Construction Materials Hardboard Siding Wood
Pets Allowed Yes
Year Built 1927
View Mountain(s) Winter
Stories Count 2
Unit Number 1 and 2
Property Subtype Portfolio
Parcel Number 966826369800000 and 966826461300000
County Buncombe
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Homeland Park
Garage Y/N N
Full Baths 4
Directions From Downtown Asheville - Take I-240 East to Exit 7 for US-70 (Tunnel Road). Turn left onto US-70 (Tunnel Road). Just after Swannanoa River Road turn right onto Pine Cone Drive. Homes will be on yo
High School AC Reynolds
City Asheville
Senior Community Y/N N
Open Parking Spaces 8
Number Of Units Total 2
Lot Size Units Acres
Carport Y/N N
Elementary School Charles Bell
Middle/Junior High School AC Reynolds
Additional Parcels Y/N N
Standard Status Active
Construction Type Site Built
Tax Assessed Value 0
Listing Terms Cash Conventional
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Interior
Interior Amenities Breakfast Bar Entrance Foyer Open Floorplan
Flooring Laminate Tile Vinyl Wood
Fireplace Features Living Room Wood Burning Stove
Basement (Y/N) N
Fireplace Y/N Y
Above Grade Finished Area 2736
Half Baths 1
Laundry Features Laundry Closet Laundry Room Lower Level Main Level Multiple Locations Washer Hookup
Total Bedrooms 5
Below Grade Finished Area 0
SqFt Garage 0
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Exterior
Parking Features Circular Driveway Driveway
Lot Features Cleared Sloped Wooded Views
Water Source City
Lot Size Area 0.57
Foundation Details Crawl Space Slab
Building Area Total 2736
Road Surface Type Dirt Gravel Paved
Other Parking There is a circular driveway but each unit owns a portion. There is lots of off street parking
Door Features Sliding Doors
Road Responsibility Publicly Maintained Road
Main Level Garage YN N
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* Excluded Features
List By
Asheville Realty Group

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$5,525
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Monthly Principal & Interest
$5,525
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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5372602 Elementary School
2033292 Middle School
AC Reynolds High School High School
Pricing History
DatePricePrice ChangeDescription
10/21/2026$800,000 Listed Price

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64 and 56 Pine Cone Drive # 1 and 2, Asheville, NC, 28805 is a Multi-Family Home for sale at $800,000 with 2,736 sqft and a lot size of 0.57. 64 and 56 Pine Cone Drive # 1 and 2 has 5 bedrooms, 4.1 baths, and was built in 1927. The property's zip code is 28805 which is in Asheville, NC