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15 Merion Drive Active Under Contract

15 Merion Drive, Asheville, NC 28806

$
$400,000
ruler icon1,392 SqFt.
bedroom icon3 Bedrooms
bathroom icon2 Baths
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Property Description

LISTING PRICE
$400,000
LISTING DATE
3/25/2026
BEDROOMS
3
BATHROOMS
2
INTERIOR SPACE
1,392 SqFt
LISTING PRICE PER SQFT
$287
TAXES
N/A
REFERENCE
4361227
NEIGHBORHOOD
None
DISTRICT
No District

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.

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Mark Zilbert
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Listed by Howard Hanna Beverly-Hanks Asheville-North

The MLS data provided for the property above (MLS#4361227) is provided courtesy of Zilbert.com. Source: CanopyMLS. Data updated 5/1/2026. Mark Zilbert is a member of the Zilbert Network and is licensed with Zilbert as a cooperating broker or cooperating agent and may not be the listing agent for this property. Information is deemed reliable but not guaranteed. The listing data on this page comes from the Canopy Realtor Association. All rights reserved. The information being provided is for consumer personal, non-commercial use. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

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