55 Lookout Drive
Asheville, NC 28804
3 beds | 2 baths | #4273784
Description
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.
Property Details
- AppliancesDishwasher, Electric Range, Electric Water Heater, Gas Cooktop, Gas Oven, Gas Range, Refrigerator, Washer/Dryer
- Basement DescriptionApartment, Exterior Entry, Finished, Full, Storage Space
- Parking FeaturesDriveway, On Street, Parking Space(s)
- Property SubtypeSingle Family Residence
- CoolingDuctless, Electric
- Cooling FeaturesDuctless, Electric
- Parcel Number9740-30-0726-00000
- SubdivisionLarchmont Park
- Lot FeaturesSloped, Views
- Lot DescriptionSloped, Views
- Sewer InformationPublic Sewer
- Elementary SchoolUnspecified
- Middle SchoolAsheville
- High SchoolAsheville
- Parking TypeDriveway
- Property TypePurchase
- FoundationBasement
- CountyBuncombe
- Original List Price$399,000
- MLS #4273784
- MLS #4273784
- Cost399000
- Year Built1961
- Utility SourceCity
- ZoningRS8
- Bedrooms3
- Bathrooms2
- Full Baths2
- Stories1
- Basement1
- Basement Finished1
- Days on Market (Cumulative)1
Location
Legal
Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 2025-06-23 22:47:04. 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. Some IDX listings have been excluded from this website.
Last Updated: . Source: CANOPY
Listing Courtesy
Listing Agent: Michelle Jernigan (#CAR548509470), Email: avlmichelle828@gmail.com
Listing Office: NextHome Partners (#CARR06482)

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