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223 Davidson RoadSwannanoa, NC 28778Price: $445,000

  • Price: $445,000
  • Est. Mortgage of $/month
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$
%
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Federal 30-year interest rate: 6.24% last updated on Nov 13, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $445,000List Price
  • 2Bedrooms
  • 2Full Bath
  • 0.52Acreage
  • 1,349Square Feet
  • CAR4318186MLS Number

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Excellent Opportunity in Swannanoa! Whether you're looking for a home that offers flexibility and extra income or a smart investment property, this versatile home fits the bill. Peaceful country setting just minutes from Warren Wilson College, scenic trails, and community parks-and only 12 minutes to both downtown Black Mountain and Asheville-this location perfectly blends convenience and charm. The updated upper-level unit features a bright 1-bedroom, 1-bath studio layout with a cozy living area, a charming kitchen, and a private balcony off the bedroom. Furniture can stay! The lower-level unit, newly renovated and twice the size of the upper, includes a spacious bedroom and sitting area, a well-appointed kitchen with eat-in dining space, an office nook, and an updated bathroom. Both units share a convenient laundry area with exterior access. Additional storage abounds with three separate spaces-a large two-story shed beside the home, a smaller backyard shed, and an attached storage area on the lower level. The current owners have provided a P&L statement for the upper unit, and the newly completed lower unit offers even greater income potential. See attached P&L for details. Bonus: An assumable USDA loan at 2.6% (approx. $215,000 balance) offers qualified buyers the chance to step into a low-rate mortgage!

Property Details of 223 Davidson Road

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Listed by Anna Peddy of Preferred Properties (anna@preferredprop.com)

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