48

281 Rose Hill Road, Asheville, North Carolina 28803

  • $498,600

Description

This lovely brick and cedar-shingle ranch home, located just 15 minutes SE of downtown Asheville, sits on a mostly wooded 1.03 acre lot in the Reynolds Community. The immediate neighborhood is rural with a 50-acre horse ranch surrounding the property on three sides. The main home has 2 bedrooms and 2 full baths all on the main level with a full drive-in basement below. Recent upgrades include: new metal roof, well pump, AC unit, and septic upgrade. Also included with this property is a 480 sq. ft. guest cottage. Both the main home and the guest cottage have been used as successful short term rentals in the recent past. Furnishings can convey with both the home and cottage. This is a unique opportunity as a family compound, multiple short or long term rentals, or live in the main house and rent out the guest cottage for supplemental income. Seller will consider owner financing for a qualified buyer with a 20% down payment.

  • Address: 281 Rose Hill Road
  • City: Asheville
  • State/county: NC
  • Zip/Postal Code: 28803
  • Area: NONE

Details

Updated on May 23, 2026 at 2:20 pm
  • Property ID 4381994
  • Price $498,600
  • Bedrooms 3
  • Bathrooms 3
  • Garage 1
  • Year Built 1957
  • Property Type Single Family Residence, Residential
  • Property Status Pending, For Sale

Additional details

  • Listing Terms Cash, Conventional, Owner Financing
  • Roof Fiberglass, Metal
  • Utilities Cable Available, Electricity Connected, Propane
  • Sewer Septic Installed
  • Cooling Central Air, Ductless
  • Heating Central, Electric, Heat Pump, Propane
  • Flooring Tile, Wood
  • County Buncombe
  • Property Type Residential
  • Parking Basement, Driveway, Garage Faces Side
  • Elementary School Oakley
  • Middle School AC Reynolds
  • High School AC Reynolds
  • Community Features None
  • Architectural Style Ranch

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The Simpson Group Realty
  • The Simpson Group Realty

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