




290 Hookers Gap Rd, Candler, NC, 28715
About This Home
This is a turnkey rental portfolio, perfect for investors and landlords that desire a self contained property in the WNC mountains. Long term tenants in place in 7 of the 8 units. Two site built homes anchor the property. A 4 bedroom main home and a 2 bedroom cottage. This rental portfolio also features 6 separate manufactured homes of varying ages. The 4 bedroom main home is currently vacant and open for showings. The other units are occupied and will not be available for online showing requests, and arrangements must be made in advance. This property has a long operating history, complete with longstanding property management in place, with Rentahome Asheville. Buyers can expect cash flow on day one, continuing to generate over $100k yearly in rental income. Tenants are all on updated leases, some are month to month. All of these numbers and rental info is available upon request. The units have been maintained and updated over the years. An improvements list is available upon request. The property consists of 3 separate parcels, amounting to 4.5 acres. Utilities in place with 2 shared wells, 4 shared septics, and trash service in place for tenants. Quiet, private, gorgeous views, and the tenants all keep to themselves and share the space collectively. If you're seeking a well oiled machine, actively generating income, come take a look at this special property. Property was appraised within the last 60 days.
Getting Around
Schools
Construction
Condition
- Year built: 1928
Materials
- Foundation: Slab
- Construction materials: Vinyl,Wood
Type & Style
- Home type: MultiFamily
- Architectural style: Arts and Crafts,Cottage
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Dishwasher,Oven
- Laundry features: Mud Room
Bedrooms & Bathrooms
- Bathrooms: 1
Features
- Finished area below ground: 0
- Finished area above ground: 2,124
Heating & Cooling
- Heating features: Ductless
- Cooling features: Ductless
Interior Area
- Total structure area: 2,124
- Total interior livable area: 2,124 sqft
Property
Details
- Parcel number: 8698882464
- Zoning: OU
- Special condition: Standard
Features
- Stories: 2
Lot
- Lot size: 4.50 Acres
Parking
- Parking features: None
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
- Inland Flooding
- 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 | $6,952 | $83,424 |
| Home Insurance * | $412 | $4,944 |
| Property Taxes | $780 | $9,360 |
| Electricity | $200 | $2,405 |
| Total | $8,344 | $100,128 |
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 |
|---|---|---|
| 2026-04-23 | Listed for sale | $1,375,000 |
| 2025-03-27 | Listing removed | $1,895 |
| 2025-02-25 | Listed for rent | $1,895 |
| 2023-06-28 | Listing removed | -- |
| 2023-05-15 | Listed for rent | $1,895 |
For Sale by Agent
