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1388 King Road
About This Property
The home features a stunning designer kitchen and beautifully updated bathrooms, showcasing quality finishes and attention to detail throughout. The spacious layout includes a fully functional lower level that can easily serve as an in-law suite or private guest quarters, offering versatility for multi-generational living, rental potential, or work-from-home needs.
Outside, the property is equally impressive. Enjoy a spring-fed pond, established fencing, a chicken coop, and multiple outbuildings-ideal for a mini-farm, hobby farm, or simply embracing a peaceful mountain lifestyle. The land is both usable and scenic, offering a rare combination of open pasture and privacy.
Location is a standout feature. Situated on the north side of Brevard along King Road, this property provides quick and easy access to Brevard, Hendersonville, and Asheville. You're less than 20 minutes to Asheville Regional Airport, under 10 minutes to the entrance of Pisgah National Forest, and approximately 20 minutes to DuPont State Forest.
Whether you're seeking a full-time residence, a mountain retreat, or a high-elevation hobby farm, this property delivers. Enjoy immediate access to world-class hiking, mountain biking, fly fishing, and endless outdoor recreation-all just minutes from your doorstep.
This is Western North Carolina living at its best.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 16, 2026 | Sold | ||
| Sold | |||
| Sep 27, 2026 | In contract | - | |
| In contract | |||
| Sep 22, 2026 | Price Decreased |
$799,000
↓ $71K
(8.2%) | |
| Price Decreased | |||
| Aug 11, 2026 | Price Increased |
$870,000
↑ $25K
(3%) | |
| Price Increased | |||
| Jul 2, 2026 | Relisted | $845,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017