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15 Merion Drive

Asheville, NC 28806
  • $400,000
  • STATUS: Active Under Contract
  • ON SITE: 25 Days
  • ID#: 4361227
Under Contract
UPDATED: 165 min ago
$400,000
  • 3
    BEDS
  • 0.18
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,392
    SQFT
  • $287
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1968
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Canopy MLS logo Offered by Howard Hanna Beverly-Hanks Asheville-North: 828-251-1800. Copyright 2026 Canopy MLS. All rights reserved.

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.

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MLS Grid logo Based on information submitted to the MLS GRID as of 2026-04-19T23:33:42.033 UTC. 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.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither LePage Johnson Realty Group, LLC | eXp Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2026 Canopy MLS.

“Listings courtesy of Canopy MLS as distributed by MLS GRID

Some IDX listings have been excluded from this website.

Digital Millennium Copyright Act
www.lepagejohnsonhomes.com/homes/174436162
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15 Merion Drive Asheville, NC 28806

  • Price: $400,000
  • Status: Active Under Contract
  • On Site: 25 Days
  • Updated: 165 min ago
  • ID#: 4361227
3
Beds
2
Baths
0
½ Baths
0.18
Acres
1,392
SQFT
$287
$/SQFT
1968
Built
Neighborhood:
None
County:
Buncombe
Area:
Asheville
Elementary School:
Asheville City
Middle School:
Asheville
High School:
Asheville
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.
Exterior Features

Carport YN No Construction Materials Hardboard Siding Construction Type Site Built Foundation Details Basement Garage YN No Levels Two Main Level Garage YN No Parking Features Driveway Road Responsibility Publicly Maintained Road Road Surface Type GravelPaved

Interior Features

Above Grade Finished Area 911 Appliances DishwasherElectric RangeMicrowaveRefrigeratorWasher/Dryer Basement Apartment Basement YN Yes Below Grade Finished Area 481 Cooling Ceiling Fan(s)Ductless Fireplace YN No Garage Spaces 0 Heating BaseboardDuctless Laundry Features In Basement Lower Square Feet 0 Main Square Feet 589 Rooms Main (Kitchen) Main (Living Room) Main (Den) Main (Bathroom-Full) Upper (Primary Bedroom) Upper (Bedroom(s)) Basement (Bedroom(s)) Basement (Bathroom-Full) Basement (Laundry) Sq Ft Unheated Total 0 Sq Ft Upper 322 Third Square Feet 0

Property Features

Additional Parcels YN False Association YN No Assumable YN No Auction YN No CCRSubject To Undiscovered City Taxes Paid To Asheville Hoa Subject To None HOASubject To Dues No Listing Terms CashConventionalFHAVA Loan New Construction YN No Property Sub Type Single Family Residence Senior Community YN No Sewer Public Sewer Special Listing Conditions None View Long RangeMountain(s)WinterYear Round Water Source City Zoning RM6



MLS Grid logo Based on information submitted to the MLS GRID as of 2026-04-19T23:33:42.033 UTC. 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.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither LePage Johnson Realty Group, LLC | eXp Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2026 Canopy MLS.

“Listings courtesy of Canopy MLS as distributed by MLS GRID

Some IDX listings have been excluded from this website.

Digital Millennium Copyright Act
 
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LePage Johnson Realty Group, LLC | eXp Realty
18067 West Catawba Ave
Cornelius NC, 28031
Canopy MLS logo Offered by Howard Hanna Beverly-Hanks Asheville-North: 828-251-1800. Copyright 2026 Canopy MLS. All rights reserved.