$1,995,000
Community: Asheville in Buncombe County
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Exceptional turnkey opportunity just minutes from downtown Asheville! This fully furnished 5BR/4.5BA penthouse with a bonus room converted into an additional bedroom overlooks the French Broad River with direct views of the Biltmore Estate and is designed to host large groups with comfort and style. Currently operating as a successful short-term rental, the property can accommodate up to 19 guests and offers a proven income stream for investors or a ready-to-enjoy mountain retreat for buyers seeking a second home. The home features multiple gathering areas, a fully stocked kitchen, in-unit laundry, and modern comforts including high-speed internet and central heating and air. Recent updates include the conversion of a half bath into a luxurious full spa bath featuring a steam shower, sauna, and cold plunge, creating a unique wellness experience within the home. Outdoor living is a highlight with private balconies, a rooftop hot tub, and easy access to trails, river recreation, and Asheville’s vibrant breweries, dining, and cultural attractions. With strong rental history and furnishings included, this property is truly move-in and rental ready. Whether you are seeking a turn-key investment in Asheville’s thriving short-term rental market or a fully functional retreat for family and friends, this penthouse delivers the ideal blend of convenience, comfort, and income potential.
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Directions: 1 26 westbound: Exit 1C Amboy Rd and go 1.2 miles. Upstream Way will be on your left. House # 30 is posted on the left hand side of the 1st floor entrance. 1 26 eastbound: Exit 2 W. Asheville. Left over the bridge and first right on Hanover St. Go 0.4 miles to the light and take a left on State St. At next traffic light take a left an go 0.3 miles. 30 Upstream Way will be on your left. GPS will take you there as well.
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