(704) 900-3346
Sign Up Login

15 Merion Drive , Asheville, NC 28806

$425,000
  • 15 Merion Drive , Asheville, NC 28806 Main Photo

37 Total Photos [Click to View All]

New to the Market Active
BEDS3 BATHS2 full SQUARE FEET1,392 MLS#4361227
STATUSActive PROPERTY TYPEResidential - Single Family

Property Description

Welcome to 15 Merion Drive?an exceptional opportunity in Asheville that blends comfort, flexibility, and income-producing potential in one thoughtfully updated property. This home offers a rare and highly desirable setup: a fully finished lower-level basement apartment with its own kitchenette, making it ideal for long-term rental, guest accommodations, or multigenerational living. The current owners have successfully rented the downstairs unit for over a year at $1,200 per month, creating immediate and proven income. For buyers, this presents a powerful advantage?live comfortably in the main upper level while the lower unit helps offset your mortgage, significantly reducing your monthly cost of ownership. Upstairs, the home is clean, well-maintained, and move-in ready, with thoughtful improvements throughout. The kitchen features a reverse osmosis water filtration system, clean and cared-for appliances, and a new microwave. Fresh paint touches many of the walls, and the home includes new window screens, updated outlets, and electronic keypads for convenience and security. A new, energy-efficient hot water heater and mini-split systems help keep utility costs manageable year-round. The property has also been proactively maintained behind the scenes, including recently excavated plumbing to reduce the risk of future issues, as well as a brand-new dryer and a well-maintained washer. Outside, the setting is equally appealing. The home is surrounded by mature trees, offering privacy and a peaceful, secluded feel, while skylights bring in natural light and views of the landscape. Enjoy evenings around the fire pit, with ample firewood ready to go, or take advantage of the peach tree out front and pear tree in the backyard. There is also a shed for additional storage and plenty of parking for residents and guests. Location is another standout feature. Situated within walking distance to two greenways and with easy biking access to Malvern Hills Park, this home supports an active, outdoor lifestyle. You'll also appreciate the quick access to Haywood Road, Patton Avenue, and major highways including I-26 and I-40, making commuting and exploring Asheville incredibly convenient. Whether you're looking for a primary residence with supplemental income, an investment property, or a flexible living arrangement, 15 Merion Drive delivers. The ability to generate consistent rental income while enjoying the main home is a compelling financial advantage?and one that's increasingly hard to find in today's market.

15 Merion Drive | MLS# 4361227

This single family home located at 15 Merion Drive , Asheville, NC 28806 is currently listed for sale with an asking price of $425,000. This property was built in 1968 and has 3 bedrooms and 2 full baths with 1392 sq. ft. Search Asheville real estate on shannonp.lakenormanrealty.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Apartment
Heating: Baseboard, Ductless
Lot Size: 0.18 Acres
Year Built: 1968

Feature Descriptions

Appliances: Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer
Exterior: Hardboard Siding
Foundation: Basement
Laundry: In Basement
Parcel#: 9628-70-2573-00000
Parking: Driveway
Sewer: Public Sewer
Special View Info: Long Range, Mountain(s), Winter, Year Round
Water: City

Local Schools

High School: Asheville
Middle School: Asheville
Elementary School: Asheville City

Listed By / Shown By

Listed By

Agency Name: Howard Hanna Beverly-Hanks Asheville-North
Agency Contact: chris.purser@allentate.com

Shown By

Agent Name: Shannon Peters
Agent Phone: (704) 900-3346
Agency Title: Lake Norman Realty

IDX logo

Estimate Your Payment

Estimated Payment

$ 2,385.99 per month $2,262.03 Principal & Interest $0.00 Property Tax (data not provided by mls) $123.96 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/26/2026. The listing information on this page last changed on 03/26/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 03/26/2026 12:34:17 AM EST) or Canopy MLS (last updated Thu 03/26/2026 12:27:34 AM EST) or Triad MLS (last updated Wed 03/25/2026 11:40:14 PM EST). Real estate listings held by brokerage firms other than Lake Norman Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

Based on information submitted to the MLS GRID. 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.” Displays of minimal information (e.g. “thumbnails”, text messages, “tweets,” etc., of two hundred (200) characters or less) are exempt from this requirement but only when linked directly to a display that includes all required disclosures. For audio delivery of listing content, all required disclosures must be subsequently delivered electronically to the registered consumer performing the property search or linked to through the devices application.

Listings courtesy of Canopy MLS as distributed by MLS GRID.

DMCA Notice:
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Privacy Policy / DMCA Notice / ADA Accessibility

Login to My Homefinder

Pixel