




71 Panorama Dr #73, Asheville, NC, 28806
About This Home
Located just 15 minutes from downtown Asheville, this well-maintained 2019 duplex offers a rare turnkey investment opportunity in one of Western North Carolina’s most desirable markets. Situated at 71 Panorama Drive, this property provides convenient access to dining, shopping, and outdoor recreation while maintaining a quiet, residential feel. Each side features a spacious 2-bedroom, 2.5-bath layout, thoughtfully designed for comfort and functionality. The units come fully furnished, making this an ideal option for investors seeking immediate rental income without additional setup. Both sides are currently tenant-occupied with leases in place at market rates, providing stable, consistent cash flow from day one. Built in 2019, the property is in excellent condition with modern finishes and low maintenance requirements—an attractive advantage for investors looking to minimize ongoing expenses. Whether you're expanding your portfolio or entering the Asheville market, this duplex delivers strong income potential in a prime location. Don’t miss this opportunity to own a newer, income-producing property just minutes from downtown Asheville and the surrounding areas.
Getting Around
Schools
Construction
Condition
- Year built: 2019
Materials
- Foundation: Crawl Space
- Construction materials: Vinyl
Type & Style
- Home type: MultiFamily
- Property subType: Duplex
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Electric Oven,Microwave,Oven,Refrigerator,Washer/Dryer
- Laundry features: Electric Dryer Hookup,Main Level,Washer Hookup
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 6
- Full bathrooms: 4
- 1/2 bathrooms: 2
Features
- Window features: Insulated Windows
- Flooring: Carpet,Vinyl
- Finished area below ground: 0
- Finished area above ground: 2,860
Heating & Cooling
- Heating features: Electric,Heat Pump
- Cooling features: Electric
Interior Area
- Total structure area: 2,860
- Total interior livable area: 2,860 sqft
Property
Details
- Parcel number: 972027611800000
- Zoning: OU
- Special condition: Standard
Features
- Stories: 2
- Patio & porch: Covered,Patio
- Waterfront features: None
Lot
- Lot size: 0.36 Acres
Parking
- Parking features: Parking Space(s)
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Lightning
- Ice Storm
- Landslide
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Buncombe County and North Carolina
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,382 | $40,584 |
| Home Insurance * | $185 | $2,220 |
| Property Taxes | $317 | $3,804 |
| Electricity | $266 | $3,196 |
| Total | $4,150 | $49,800 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-06 | Listed for sale | $695,000 |
| 2022-08-31 | Sold | $575,000 |
| 2022-07-07 | Contingent | $585,000 |
| 2022-07-01 | Price change | $585,000 |
| 2022-06-09 | Listed for sale | $645,000 |
