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55 Lookout Drive, 
Asheville, NC 28804

$399,000


3

Beds


2

Baths


1,532

Sq Ft


Multi-Family

Active

Listed by

Michelle Jernigan

Nexthome Partners

Last updated:

July 2, 2025, 01:26 PM

MLS#

4274159

Source:

CH

About This Home

55 Lookout Drive

Bona fide potential for value-add investors or buyers seeking rental income. The home features two levels with separate entrances—each with its own kitchen and bath—making it ideal for a duplex-style setup, house-hack, or full renovation into a single-family home. Some needed repairs were identified upon inspection, and the pricing reflects that. This isn't a cosmetic refresh—it’s a solid project in a location where upside justifies the effort. Report and quotes available. Highlights include ample off-street parking, a deep lot, and close proximity to UNCA, groceries, and restaurants. Opportunities like this in 28804 are rare—bring your vision and unlock its potential.

Home Facts

Multi-Family

2 Baths

3 Bedrooms

Built in 1961

Price Summary

399,000

$260 per Sq. Ft.

MLS #:

4274159

Last Updated:

July 2, 2025, 01:26 PM


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,532 Sq. Ft.


Structure

Structure

Building Area:

1,532 Sq. Ft.

Year Built:

1961


Lot

Lot Size (Sq. Ft):

6,969


Finances & Disclosures

Finances

Price:

$399,000

Price per Sq. Ft:

$260 per Sq. Ft.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.