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$405,804

Listing Price

3beds

2baths

576sqft

7,841sqft lot

15 Merion Dr, Asheville, NC 28806

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Single Family

Home type

704.52

Price / sqft

1968

Year built

Home Details

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. nOutside, the setting is equally appealing. The home is surrounded by mature trees, offering pri

Interior Details

Square Feet
  • 576

Bedrooms
  • 3

Bathrooms
  • 2

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Central

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    Basement (unspecified)

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 7841

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • Yes

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 2

Style
  • Conventional

Exterior
  • N/A

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • Composition Shingle

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$1,525

$70,100

$71,400

--%

$141,500

2019

$1,525

$0

$0

--%

$0

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Average Home Price in 28806

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$405,804

3 Beds

2 Baths

576 Sqft

7,841 Lot (sqft)

Sold 10/13/2026

$445,000

2 Beds

1 Baths

628 Sqft

18,731 Lot (sqft)

Sold 10/13/2026

$299,000

2 Beds

1 Baths

644 Sqft

10,890 Lot (sqft)

Sold 10/13/2026

$333,000

1 Beds

1 Baths

597 Sqft

4,356 Lot (sqft)

Sold 10/13/2026

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
405,804
$
Down payment
81,160.8
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
2,434.82
$
HOA (Monthly)
0
$
PMI
0
$
$2,627
Your Payment
Total Monthly Payment:$2,627
Percent of Income:45%
Affordable:No

Details for 15 MERION DR

Property Debt

Foreclosure Contact Details