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$3,425,000
4300210 MLS ⋅ ACTIVE Status
Exceptional commercial development opportunity on Merrimon Avenue (US 25) featuring an assemblage totaling 1.66 acres with approximately 300 feet of road frontage. Lots are Zoned CBI and RS8, offering a versatile mix of commercial, residential and mixed-use development potential. The site includes five existing buildings with short term leases, providing immediate rental income. Positioned in the heart of a high-traffic, primary commuter corridor, and surrounded by national retailers including Trader Joe’s, Whole Foods, and Harris Teeter, this site ensures excellent visibility and strong consumer appeal. Signalized access to Merrimon Avenue via a 35+/- foot wide curb cut on Hillside Street, and multiple curb cuts on Merrimon Avenue provide ease of ingress/egress. Strategically located less than 1 mile from Downtown Asheville, I-240 and I-26, and just 3 miles from I-40, the property offers seamless connectivity across Asheville and beyond. This rare opportunity presents investors and developers with a phenomenal chance to activate an underdeveloped site on one of Asheville’s most sought-after thoroughfares.

210, 212 & 230 Merrimon Avenue, Asheville

Listing courtesy of Likewise Commercial Real Estate. jess@likewisecommercial.com
$749,000
4 Beds ⋅ 4 Baths ⋅ 4290361 MLS ⋅ 2,366 SqFt. ⋅ ACTIVE Status
Beautifully designed and impeccably maintained, this contemporary 4-bedroom home in North Asheville offers the perfect blend of style, comfort, and convenience. Ideally situated within walking distance to UNCA, the Botanical Gardens, and the North Asheville Tailgate Market—and just 2 miles from downtown Asheville—this like-new 2022 build sits in a peaceful, established neighborhood. The striking black-and-white exterior with a sleek metal roof exudes modern sophistication. Inside, three levels of living space provide versatility, privacy, and plenty of room for gathering. Step outside to a flat, beautifully landscaped yard featuring a spacious patio, pergola, firepit, and raised garden beds—all framed by elegant black fencing. With no HOA dues, off-street parking for two, and a secure Mail Boss mailbox, this home truly has it all. Come experience it in person—you’ll be delighted!

197 Chatham Road, Asheville

Listing courtesy of Howard Hanna Beverly-Hanks Asheville-North. cheryl.cannizzaro@allentate.com
$310,000
3 Beds ⋅ 2 Baths ⋅ 4280920 MLS ⋅ 1,347 SqFt. ⋅ ACTIVE Status
Uncover the perfect blend of style, convenience, and investment potential in this 3 bed/2 bath condo at Lantern Lodge (formerly The Residences at Biltmore), All Suite hotel. Ideally situated between Biltmore Village and downtown Asheville, this fully legal short-term-vacation-rental is a rare find. Amenities include a pool, hot tub, fitness center, on-site restaurant, conference rooms, and event space. This is truly a home away from home, complete with full kitchen, granite countertops, walk-in shower, gas fireplace, private balcony, and the 24 hour concierge provides a complimentary laundry service. All furniture, linens, and kitchenware are included. Owners enjoy turnkey property management services if they choose to put their condo in the rental program. Rental history is available upon request.

111 Bowling Park Road Unit #111, Asheville

Listing courtesy of Sundog Realty, Inc.. phillip.gamble@sundogrealty.com
$624,000
4 Beds ⋅ 3 Baths ⋅ 4259488 MLS ⋅ 1,399 SqFt. ⋅ ACTIVE Status
Great investment opportunity in a wonderful West Asheville location, right around the corner from Sunny Point Café and the vibrant Haywood Road corridor. This unique property consists of three units in two standalone homes on a 0.29-acre lot. All units have excellent rental history. 17 Hubbard is a duplex with a 979 SF, 2BD/1BA apartment upstairs and a 420 SF, 1BD/1BA apartment downstairs. 19 Hubbard is a cute 412 SF, 1BD/1BA standalone cottage. Each unit has its own porch and all can enjoy the large, sunny yard. Many updates have been made in recent years, including water heaters, mini-splits, roofs and gutters, etc. (See improvements attachment.) Live in one unit and rent the others, or rent all three units and enjoy a great return. Many possibilities! Come take a look today!

17 & 19 Hubbard Avenue, Asheville

Listing courtesy of Mosaic Community Lifestyle Realty. chris@mymosaicrealty.com
$639,225
2 Beds ⋅ 3 Baths ⋅ 4261311 MLS ⋅ 1,040 SqFt. ⋅ ACTIVE Status
the perfect house hack (rent out one and live in the other)! New Price/June 2026! Quite the find on a serene Kenilworth hillside—perfect for investors or smart homeowner! This rare opportunity offers two separate dwellings: a well-designed primary home and a CHARMING ADU. The 4-year-old property sits in a gorgeous setting and even includes most furniture and furnishings. The main home features clean lines, contemporary finishes, tall ceilings, abundant natural light, and a covered deck for evening relaxation. Floor plan offers 2BR/1BA upstairs plus a half bath on the main. The gracious ADU lives as a studio with a loft for sleeping or storage, a large bath, washer/dryer, flexible living area, full kitchen , and its own covered porch. Driveway is steep but manageable with level parking for 3+ cars. As Grandma always said: “Buy an income-producing property and let the tenant pay half the note!” it's just blocks from Mission hospital and Biltmore Village.

109 Thurland Avenue, Asheville

Listing courtesy of Premier Sotheby’s International Realty. 404-668-7132
$2,390,000
5 Beds ⋅ 6 Baths ⋅ 4255032 MLS ⋅ 6,013 SqFt. ⋅ ACTIVE Status
Imagine if your mountain vacation home, your waterfront property, and your primary residence were one in the same! Come see this outstanding creekfront retreat tucked in a rare in-town private enclave that is within the gates of The Ramble community but not subject to the HOA. Thoughtfully designed for flow and function w/abundant natural light and living space that seamlessly bounds the interior with the outdoors. Enjoy a well-equipped gathering kitchen for the inspired home chef, a sublime screened porch, luxurious home theatre, 850 bottle wine cellar, lovely stonework fireplaces & secluded gardens and play areas. Ample breakout spaces for work and privacy. Fronting 200 ft. of Dingle Creek w/access to miles of private nature trails and Longmeadow Park. Short path from property to community walking trails. Most furnishings available! Currently no STR restrictions. Not subject to Ramble HOA or restrictions. Drone tour: https://www.youtube.com/watch?v=J6eULb_VeTA https://vimeo.com/1084271555

343 Racquet Club Road, Asheville

Listing courtesy of Preferred Properties. jochandler@preferredprop.com
$2,600,000
5 Baths ⋅ 4249365 MLS ⋅ ACTIVE Status
The historic & well-maintained Meadows Building is listed on the National Register of Historic Places. This property offers unparalleled exposure amidst the vibrant cityscape of Downtown Asheville. Well-positioned at the signalized intersection off I-240, this property offers interstate visibility and road frontage from 2 major city streets with high VPD. 7,042 SF with 3 floors of usable space. Layout is conducive to redevelopment or alternate uses, providing value-add income potential. Lower level includes a retail area and commercial kitchen infrastructure with dumbwaiter accessing all floors. Platform passenger lift services upper two levels. Wood flooring, high ceilings, natural light, and both east and west facing views of mountains and the cityscape. Building went through a full scale renovation in 2008. Recent upgrades include a new roof in 2021 and new windows in 2023. Paid parking (82 spots) directly across the street with additional street metered parking.

114 N Lexington Avenue, Asheville

Listing courtesy of Likewise Commercial Real Estate. abigail@likewisecommercial.com
$888,500
2 Beds ⋅ 2 Baths ⋅ 4241200 MLS ⋅ 1,270 SqFt. ⋅ ACTIVE Status
Welcome to luxury condo living only steps to everything Downtown Asheville has to offer. This two bedroom, two bath end unit on the third floor is elegantly updated with Bosch and Fisher Paykel appliances. A beautiful artisan crafted sliding door marks entry to the primary suite. Custom built ins in the walk-in closets and laundry room provide extensive storage. Designer light fixtures, art lighting and updated bathroom fixtures in both baths. Bright, open and elegant with 10 foot ceilings and light from every direction. Enjoy your wonderful, covered balcony overlooking sweeping year-round views of Beaucatcher and Town Mountains, and our beautiful city's historic architecture. Spacious common area on the main level, with kitchenette, comfortable seating, outdoor firepit and room to entertain both inside and out. Two level parking deck with one covered floor provide convenient access to your automobile. Truly a very special place to call home.

55 S Market Street Unit #301, Asheville

Listing courtesy of Highlands Sothebys International Realty. knaylor188@live.com
$624,000
4 Beds ⋅ 4228998 MLS ⋅ 1,811 SqFt. ⋅ ACTIVE Status
Great investment opportunity in a wonderful West Asheville location, right around the corner from Sunny Point Café and the vibrant Haywood Road corridor. This unique property consists of three units in two standalone homes on a 0.29-acre lot. All units have excellent rental history. 17 Hubbard is a duplex with a 979 SF, 2BD/1BA apartment upstairs and a 420 SF, 1BD/1BA apartment downstairs. 19 Hubbard is a cute 412 SF, 1BD/1BA standalone cottage. Each unit has its own porch and all can enjoy the large, sunny yard. Many updates have been made in recent years, including water heaters, mini-splits, roofs and gutters, etc. (See improvements attachment.) Live in one unit and rent the others, or rent all three units and enjoy a great return. Many possibilities! Come take a look today!

17 & 19 Hubbard Avenue, Asheville

Listing courtesy of Mosaic Community Lifestyle Realty. chris@mymosaicrealty.com
$975,000
4208180 MLS ⋅ ACTIVE Status
Introducing 71 Thompson St, Asheville, NC, a +/- .93-acre redevelopment opportunity in the heart of Biltmore Village, heavily impacted by hurricane Helene, and ready for new, creative redevelopment vision. This 5-parcel assemblage is located with the River zoning district, as well as the "All" hotel overlay district, making for a unique redevelopment opportunity in a central Biltmore Village location. With over 300 feet of road frontage on Thompson Street, easy access to downtown Asheville, and walking distance to the Biltmore estate, this expansive property offers an exceptional opportunity for investors looking to lead the charge in bringing new life and creative redevelopment into the core of Biltmore Villages post Helene recovery.

71 Thompson Street, Asheville

Listing courtesy of NAI Allen Tate Beverly-Hanks Commercial. cmansfield@naibeverly-hanks.com
$899,000
4198938 MLS ⋅ ACTIVE Status
INVESTMENT OPPORTUNITY near downtown Asheville! Commercially zoned four-plex walking distance to downtown, Trader Joes, Harris Teeter and several great restaurants. Given its tremendous street exposure on a large .41 acre lot and plenty of off street parking, this property could be converted to commercial use. There are two studio apartments, one large bedroom apartment with private balcony and a two-bedroom/two-bath apartment with private patio and bonus room. All units have their own electric meter and run off the same natural gas boiler.

181 Merrimon Avenue, Asheville

Listing courtesy of Appalachian Realty Associates. gray@appalachianrealty.com
$899,000
4197890 MLS ⋅ 3,212 SqFt. ⋅ ACTIVE Status
INVESTMENT OPPORTUNITY! Classic Asheville four-plex walking distance to downtown with great street exposure. Situated on a large .41 acre lot with plenty of off street parking, these four units have tremendous potential. There are two studio apartments, one large bedroom apartment with private balcony and a two-bedroom/two-bath apartment with private patio and bonus room. All units have their own electric meter and run off the same natural gas boiler. The property is commercially zoned (CB1) and could be converted to commercial use.

181 Merrimon Avenue, Asheville

Listing courtesy of Appalachian Realty Associates. gray@appalachianrealty.com

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