Single Family Residence at 12 Peeler Drive, Asheville
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$540,000

12 Peeler Drive
Asheville, NC 28803
Listed by Lauren Reinhardt · Howard Hanna Beverly-Hanks Fletcher
Bedrooms
4
Bathrooms
2.5
Living area
1,661 sqft
Year built
2001

About this home

Offering a combined 2,469 square feet of living space, including a 1,661-square-foot main home and a remodeled 808-square-foot lower-level apartment, this versatile Asheville property offers flexibility and income potential just 4 miles from downtown. The main residence features four bedrooms, 1.5 baths, an updated kitchen, and new flooring in the kitchen and dining areas. Outside, enjoy low-maintenance composite front and rear decks, a patio overlooking a lush setting, a partially fenced side yard with fruit trees and established landscaping, and a rear storage shed. The recently remodeled lower-level studio apartment has two exterior entrances, a full bath, kitchenette, refrigerator, mini-split, new flooring, drywall, paint, and lighting. Whether you're looking for potential rental income, space for extended family or guests, or a separate work-from-home area, the second living space offers added flexibility. Additional improvements include a 2023 roof replacement, 2025 water heater, French drain, gutter guards, and a recently painted exterior. With two distinct living spaces and convenient access to downtown Asheville, this property offers an opportunity to create additional income or help offset ownership costs. Additional home improvements include a 2023 roof replacement, 2025 water heater, French drain, gutter guards, and recently painted exterior. With a desirable Asheville location and two separate living spaces, this property offers options and the potential to offset ownership costs through rental income.

Property details

MLS
Canopy MLS
MLS #
CAR4411996
Property type
Single Family Residence
Subdivision
Twin Springs
Status
Active
Days on market
81
On market date
August 6, 2026
Stories
N/A
Total bathrooms
2.5
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Oakley Elementary
0.42 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
2.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
447
Student:teacher ratio
13.5:1
District
Buncombe County Schools
Middle
Reynolds Middle
1.85 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
523
Student:teacher ratio
14.5:1
District
Buncombe County Schools
High
Early College
2.91 mi away · Grades 9-13
Zoned school (attendance boundary, 2015-16 data)
3.8
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
278
Student:teacher ratio
25.3:1
District
Buncombe County Schools

Walkability

Blended score for Asheville's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

79
Walkable
out of 100
EPA National Walkability Index
14.8 / 20 -- Above average walkable
Google Places amenity density
85 / 100
Restaurants & cafes20
Grocery stores3
Parks1
Schools5
Transit stops20
Pharmacies2

Market position

How this listing compares to current activity in Asheville, from live MLS data.

On the market 81 days -- 41 fewer days than Asheville's current average of 122 days.
For reference, the median list price across 1,593 active listings in Asheville right now is $479,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$3,402/mo
$108,000 down
$432,000 loan
Principal & interest$2,802
Property tax (est.)$450
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated 5 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.